Industry | 19 March, 2025 at 8:55 PM
Pepco Romania names new Head of Operations
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
180,000 kilometers were covered by employees, which translated into a total of €30,000 donated by the company to NGOs in five countries, including "Ana si Copiii" Association in Romania.
About 62% of the customers visit the store at least 2–3 times a month, the highest percentage of all countries where Pepco is present.
In 2023, Pepco has employed more than 30,000 women in its European retail chains, with women accounting for up to 93% of the retailer's workforce in Europe.
The World Bank's Board of Executive Directors has approved a €544 million Development Policy Loan to support Romania's efforts to restore fiscal sustainability, enable private sector-led growth and foster job creation.
Romania's Ministry of Investments and European Projects (MIPE) and the Investment and Development Bank (BID) signed a financing agreement on 30 March 2026 for the Just Transition Participation Fund (FPTJ).
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.
Hanwha Aerospace Romania has presented an industrial package worth €1.3 billion aimed at strengthening Romania's defence capabilities and positioning the country as a production and innovation centre in the European defence industry.
Banca Transilvania, Romania's banking leader, has completed its largest cross-border financing to date with a €50 million loan for Hampton by Hilton Venice Isola Nuova. The loan, provided through BT Italia branch, refinances the hotel's development costs.