Coface: CEE Countries Faced Dramatic Surge In Company Insolvencies In 2023
In the wake of an economic downturn, Central and Eastern European (CEE) countries witnessed a dramatic surge in company insolvencies throughout 2023.
Apr 25, 2024
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Austrian Builder Strabag Posts 65% Production Volume Increase in Romania in 2023
Austrian constructions company Strabag in 2023 registered a 65% increase in production volume, to EUR519 million, in parallel with a 13% reduction in orders, at EUR495 million.
Apr 25, 2024
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Sphera Franchise Group Opens Third KFC Restaurant In Pitesti
Sphera Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, has opened its third KFC restaurant in the town of Pitesti, within the Arges Mall shopping (...)
Apr 25, 2024
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Residents evacuated after street collapses in Romania’s Sl?nic town
A street in the town of Sl?nic in Prahova county, some 120 north of Bucharest, partially collapsed on Thursday morning, April 25, forming a 2-meter deep crater on an area of over 60 sqm, the (...)
Apr 25, 2024
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Cyclists from 17 countries to compete in first Mountain Bike European Championship hosted by Romania
Cyclists from 17 countries in Europe have confirmed their presence at the first Mountain Bike European Championship hosted by Romania. The event, scheduled for May 8-12, will bring world (...)
Apr 25, 2024
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Corporate events with an experiential component, engine of accelerated growth in the first quarter of the year for Complice.ro
Complice.ro, curator and provider of experiences for individuals and companies, closed the first 3 months of the year with a double turnover (+109%) compared to the same period last year. The (...)
Apr 25, 2024
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Colliers: Number of Housing Units Sold in Bucharest Up 18% in Q1, Demand Rises 19% Nationwide
The number of housing units sold in Bucharest in the first quarter of the year rose by 18% from the year-earlier period, while nationwide demand went up by 19%, according to real estate (...)
Apr 25, 2024
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More Romanians believe voting should be mandatory, survey reveals
According to a new survey carried out by INSCOP for News.ro, over 60% of Romanians agree with mandatory voting, representing an increase of almost 20% compared to ten years ago. They believe (...)
Apr 25, 2024
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PepsiCo Installs over 1,300 Photovoltaic Panels on Romania Plants in $2.1M Investment
PepsiCo, a major player on the snacks and beverages market, has completed works to install over 3,000 photovoltaic panels on Dragomiresti, Popesti-Leordeni and Covasna plants, in the wake of a (...)
Apr 25, 2024
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Sphera Franchise Group opens a new KFC restaurant in Pitesti
Sphera Franchise Group, the largest food service operator in Romania, continues to invest in expanding its restaurant portfolio and inaugurates the third KFC unit in Pitesti, in the city’s (...)
Apr 25, 2024
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Siemens Healthineers is revolutionizing medical imaging in Romania by installing the world's first MAGNETOM Flow magnetic resonance equipment
Announced at the 2024 European Congress of Radiology in Vienna, the technology equipping the MAGNETOM Flow system makes its debut in our country The first such device will be installed at the (...)
Apr 25, 2024
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PepsiCo invests USD 2 mln to install photovoltaic panels at its facilities in Romania
PepsiCo, a leader in the food and beverage industry, said it installed photovoltaic panels at three sites in Romania, specifically in Dragomire?ti, Pope?ti-Leordeni, and Covasna. The project (...)
Apr 25, 2024
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STC Partners Starts Phase II of Quartier Azuga
Real estate developer STC Partners is starting the development of phase II of housing compound Quartier Azuga, located to Tei area of Bucharest, with an over EUR15 million investment.
Apr 25, 2024
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SkyShowtime announces first partnership in CEE with Digi Romania
Romania’s leading telecommunications operator Digi will launch the full SkyShowtime service, including the two premium linear channels SkyShowtime 1 HD and SkyShowtime 2 HD, to its digital TV (...)
Apr 25, 2024
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