Tech Cuisine Smart Home, one of the key players in the Romanian smart home market, announces the expansion of its operations into Hungary, the Czech Republic, and Slovakia. This strategic move is part of the ambitious plan for expansion in Central and Southeastern Europe, marking a significant step in the company's growth on the international […]
Maxi Pet, the national leader in the trade of pet food and accessories, is expanding its network with a new hypermarket in Râmnicu Vâlcea, after a total investment of 250,000 euros. The retailer thus reaches a total of 15 stores nationwide. The new unit is in Retail Park Râmnicu Vâlcea (Strada Posada, no. 51), being the […]
Bozankaya, a rolling stock manufacturer already present in the Romanian market, has delivered Turkey’s first driverless metro in Kocaeli. The project represents a revolutionary step in the evolution and modernization of railway infrastructure, opening new horizons in European mobility. The inauguration ceremony took place at the Bozankaya factory in Ankara, attended by the Minister […]
New York’s Fifth Avenue has maintained its position as the world’s most expensive retail street, with Milan’s Via Montenapoleone climbing to second in the global rankings, according to Cushman & Wakefield’s latest ‘Main Streets Across the World’ report. The 33rd edition of the report reveals retail rents on Via Montenapoleone grew 20% over the […]
Loredana and Simion Apreutese, shareholders of the group of companies within the International Alexander Holding, join the Romanian mobility platform Moov Leasing, acquiring 25% of the company's shares. As a result, Moov Leasing has reached now a valuation of €10 million and has ambitious development plans. Moov Leasing is a 100% digital, all-in-one mobility platform founded […]
Jimmy Key company from Turkey, with over 30 years of experience in womenswear, will open in 8th of December the second store in Romania within the AFI Cotroceni in Bucharest, developed by AFI Europe. Jimmy Key has leased a space in the project through a transaction brokered by the real estate consultancy company Cushman & Wakefield […]
Globalworth, the leading office investor in Central and Eastern Europe (CEE), signed a lease agreement for Globalworth Plaza with LSD Group, a multinational general contracting and fit-out company based in Bucharest that is emerging as a preferred business partner across 9 countries in the region. In line with their development strategy, a long-term leasing transaction […]
Restart Energy, a leading company in energy transition services, has completed the construction and installation of two photovoltaic power generation systems for Moldova Farming SRL, with a total investment of approximately 300.000 euros. The projects have a combined capacity of 403.2 kWp and were installed on two buildings belonging to the beneficiary, located in […]
Mazars, the leading international audit, tax, and advisory firm and FORVIS, the eighth largest public accounting firm in the United States, today jointly announce they will create a new, top-10 global network[1], effective 1 June 2024. The new network will position both firms for continued global growth by expanding their capabilities to serve clients, especially […]
Biofarm (stock symbol BIO), one of Romania's leading drug manufacturers, recorded a net profit of 69.9 million lei in the first nine months of the year, up 6% compared to the same period last year. Turnover increased by 10% to 229 million lei, compared to 209 million lei in 2022. EBITDA reached 81.6 million lei. […]
