Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.
In the second quarter, the company began dividend distributions totaling 81.7 million and started one of its shareholder-approved share buyback programs on April 29, 2024.
Romania's Competition Council has conditionally approved the acquisition of Supermarket La Cocoș by the Schwarz Group through Project Brazil Beta company, following an investigation by the authority.
Romania's labour market is undergoing a structural transformation as the country shifts from consumption-driven growth to a more technology-focused economy, with artificial intelligence and automation reshaping employment patterns.
In 2024, the value added from the European Union's agricultural industry accounted for 1.2% of GDP, a 0.1 percentage point (pp) increase compared to 2009.
Rompetrol Rafinare will halt operations at its Petromidia Năvodari and Vega Ploiești refineries in early March for a scheduled technological turnaround lasting approximately 20 days.