PepsiCo is investing 13 million dollars in its soft drink factory in Dragomirești
Radu Berevoescu, General Manager & Senior Commercial Director East Balkans, PepsiCo PepsiCo, one of the leaders in the food and beverage industry, announced a $13 million investment in installing a modern fully automated production line at its soft drink factory in Dragomirești. The production line is considered the most automated in PepsiCo’s portfolio in Europe […]
ECITIM: we estimate the doubling of installed power in photovoltaic parks in Romania in 2024, to over 4 GW
The installation of solar panels is expected to speed up in the coming period, with Romania potentially exceeding 4,000 MW of installed power in photovoltaic parks next year, according to an analysis by ECITIM, a Romanian start-up in the energy sector and the first company in Romania that has enabled ordinary Romanians, through the EnergiePentruToti.ro […]
Regency Front invests 6 million euros in a new furniture production line
Dani Shawu, CEO of Regency Front Regency Front, one of the largest manufacturers of MDF fronts, has invested 6 million euros in a new line dedicated to painted doors, with last generation technology and equipment. Production capacity reaches 700 sqm/exchange and also integrates, at the same time, the largest lacquer line in Romania and fully […]
Premium brand HUGO BOSS’ first store outside the Capital opens in Palas Iași
On the 9th of December 2023, HUGO BOSS, one of the world leaders in the premium and luxury fashion segment, opened its first location outside the Capital in the Palas Iași mixed-use complex and its fourth store in Romania. The German fashion group is present in the Palas Iași complex with BOSS, one of the […]
HELL ENERGY Romania opens a new warehouse in CTPark Bucharest North
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased over 1,800 sqm of warehouse and offices in CTPark Bucharest North for HELL ENERGY Romania, a fast-developing FMCG brand’s Romanian company, which quickly became a prominent player on the international energy drink market, being the […]
PeliPartners assisted Hidroelectrica in the aquisition of UCM Reșița
Carmen Peli (Partner) and Delia Dumitrescu (Associate) PeliPartners assisted Societatea de Producere a Energiei Electrice în Hidrocentrale Hidroelectrica, in the acquisition process of the business lines related to the ABC platform and Câlnicel platform owned by UCM Reșița, the oldest industrial unit in Romania. The transaction is structured as a business transfer, consisting in the […]
Cushman & Wakefield Echinox expands its team: Raluca Stanislav joins as Head of Buiness Development
Raluca Stanislav, Head of Business Development Cushman & Wakefield Echinox Cushman & Wakefield Echinox consolidates its team by recruiting Raluca Stanislav as Head of Business Development. Raluca Stanislav has over 20 years of experience in the real estate and construction industry in Romania and in the entire CEE region. Over the past 10 years, she […]
CBRE Report: Sustainability Gains Ground in Europe: 34% increase in certified office take-up in H1 2023
Valeriu Toma, Head of Property Management at CBRE România CBRE, one of the global and national leaders in commercial real estate investment and services, has launched the third edition of their research report, ‘Is Sustainability Certification in Real Estate Worth it?’. The report, conducted in 19 European countries, including Romania, confirms a significant correlation between […]
GreenWEEE has completed the construction of its third WEEE recycling facility and commenced operations in Buzău
GreenWEEE, the Romanian company market leader in the industry of electrical and electronic waste recycling, has completed its third recycling plant. Investing 15 million euro in cutting-edge recycling equipment, the company, which has been operating in Buzau since 2009 and in Câmpia Turzii since 2017, is increasing its capacity by 40%. The new plant offers […]