Economy | 7 August, 2024 at 4:01 PM
Altexpress sees 44% growth in the H1 2024, reaching €1.08 million turnover
Online courier sales activities also saw a 25% increase, largely due to investments in automating altexpress.ro portal.
Online courier sales activities also saw a 25% increase, largely due to investments in automating altexpress.ro portal.
Altexpress and Logystec, led by industry veterans Maher Tarazi and Alexandra Turcu, finalised their merger mid-March 2024.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.
Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.