Economy | 27 August, 2024 at 9:44 AM
WDP: Companies increasingly favour nearshoring over offshoring
Nearshoring has gained considerable popularity in recent years as a replacement for traditional offshoring/outsourcing practices.
Nearshoring has gained considerable popularity in recent years as a replacement for traditional offshoring/outsourcing practices.
The three acquired entities own a portfolio of assets comprising three warehouse projects of 136,374 sqm and a large plot of land in Constanta.
The government has greenlit a memorandum to approve a €500 million financing contract between Romania and the European Investment Bank (EIB) to support the A1 Sibiu-Pitești motorway project.
Vastint Romania has joined a wider initiative for the revitalisation of the Dâmbovița River, its banks, and surrounding areas.
DRUID AI, the developer of an enterprise AI platform, has secured a $31 million Series C financing round to propel the global expansion of its agentic platform.
Exim Banca Românească has provided approximately €14 million in financing for a new greenfield investment.
Coca-Cola HBC Romania has completed an investment of RON 5 million (€1 million) in a new photovoltaic park at its plant in Timișoara.