Altex buys Brico Dépôt Romania for €70 million
Altex Romania retailer has purchased DIY network Brico Dépôt Romania from Kingfisher in a deal worth €70 million. The closing is expected to take place in H1 2025.
Altex Romania retailer has purchased DIY network Brico Dépôt Romania from Kingfisher in a deal worth €70 million. The closing is expected to take place in H1 2025.
The retailer's sales reached £63 million, up 12.3% on the previous year and up 14.7% on a like-for-like basis at constant exchange rates.
The German family-owned STIHL Group has officially inaugurated its first production site dedicated exclusively to battery technology in Oradea, Romania, representing a strategic investment of €125 million.
Cris-Tim Family Holding, a leader in the Romanian cold cuts and ready-meals markets, has announced its initial public offering (IPO), with a goal of listing on the BVB.
Agroland Group, specialized in retail, agribusiness, food production, and animal nutrition, has secured nearly €1 million in grants through the Modernization Fund to develop four photovoltaic power plants with a total installed capacity of 1.62 MW.
SolarToday Eastern Europe, a provider of energy storage solutions, has successfully commissioned a 10.32 MWh utility-scale battery energy storage system (BESS).
Froneri, one of the world's largest ice cream companies, has agreed to acquire the European ice cream business of Food Union, including the Romanian brand Alpin.