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Category: News

Cushman & Wakefield Echinox: Macroeconomic uncertainty, consumption contraction and interest rates are the main concerns for real estate investors

Vlad Săftoiu, Head of Research Cushman & Wakefield Echinox Macroeconomic uncertainty, consumption contraction, interest rates and also inflation are the main factors which may impact the Romanian real estate market, according to the real estate investors and developers who responded to the second edition of the Cushman & Wakefield Echinox “Real Estate Investors Sentiment Barometer”. […]

Albin Budinsky to head Hellmann Romania

Albin Budinsky Hellmann Worldwide Logistics has appointed Albin Budinsky as General Manager of its country organization in Romania with effect from January 1, 2024. Hellmann has been successfully established in the Romanian logistics market since the 1990s, where the international logistics provider mainly offers sea- and airfreight services from its offices in Bucharest and Constanta. […]

PAG to acquire Food Union Europe, becoming the majority shareholder of Alpin

Foto: depositedhar / depositphotos.com PAG Private Equity, a leading global alternative investment firm, has agreed to acquire a majority controlling interest in Food Union Europe, a leading provider of ice cream and other frozen treats to consumers in six European countries, a holding company of the Romanian ice cream production and distribution company Alpin (former […]

CTP Romania delivers the first foreign distribution center of LPP Logistics at CTPark Bucharest West

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has delivered the first foreign distribution center of LPP Logistics in Romania, less than one year after the start of construction. Located in CTPark Bucharest West, the largest industrial park in Central and Eastern Europe (CEE), the […]

Bozankaya continues the collaboration with Timișoara and will deliver another 17 trams by the end of 2024

Aytunç Günay, Chairman of the Board at Bozankaya The Bozankaya company continues collaborating with the municipality of Timișoara by signing a contract to purchase 17 trams. The total purchase value is approximately 33 million euros, especially 1,9 million euros for each tram. The 17 trams will have a length of approximately 30 meters, a total […]

TeraPlast Group acquires the pipe manufacturer Palplast based in the Republic of Moldova

Dorel Goia, Chairman of the Board of Directors, TeraPlast TeraPlast Group announces the acquisition of the majority stake in the company Palplast from Calarasi, Republic of Moldova. The company owns two production lines for high-density polyethylene pipes for water and gas supply networks. The parties have agreed upon a transaction value of 1.8 million euros, […]

Cushman & Wakefield Echinox expands its team: Anamaria Cretu joins the Office Agency

Anamaria Cretu, Senior Consultant Office Agency Cushman & Wakefield Echinox Cushman & Wakefield Echinox strengthens its office agency by recruiting Anamaria Crețu, a specialist with 18 years of multinational corporate experience. With a vast background in the real estate market, Anamaria Crețu had been part of Skanska’s team during the past 8 years, one of […]

Bento enters the solar energy market by signing a partnership with Volta X

Bento – Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, announces the signing of a contract with Volta X Solar Systems (Volta X), a local company that provides turnkey solutions for photovoltaic systems, energy efficiency, energy storage systems and charging stations for electric […]

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