Sale of private healthcare provider to the American Heart of Poland Group, backed by Gruppo San Donato Italy and GKSD Srl, will deliver an outstanding return to Abris investors.
The announcement marks the completion of a €16 million investment by Indotek that created a premier mass-market destination for international retail brands.
Half of the real estate companies in Central Europe (49%) estimate investment to increase this year and only 19% expect a decrease (down from 51% in 2023).
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
The first significant news is the acquisition of CODA Intelligence, a Romanian startup specializing in cybersecurity solutions, by PDQ, with complementary products to CODA.
Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian market in the Distributed Generation segment.
Prysmian Romania has commenced construction of a new production line at the Slatina energy plant, following a €23 million investment.
Aquila has budgeted investments of €16.9 million for means of transport and warehouse equipment, in line with its sustainability objectives.
PickTwo Architecture Studio has embarked on its second venture in Zanzibar, focusing on the design and development of a luxury residential complex.
Ana Hotels announces the reopening of the emblematic "Europa" hotel in Eforie Nord, after the completion of a complex modernization process.
The new production unit will be located near Bucharest and will be inaugurated this autumn.
The modernization of the North Power Station involved the complete consolidation of the building and the replacement of electro energetic equipment.
Norofert announces the start of a production line for inputs and an investment of €250,000 in one of the most important agricultural area in the USA
The works will consist in making loops on medium voltage lines, supplied from the 110/20/10 kV Fratelia and Cetate transformer stations in the Timișoara area.
The fund's strategy is in line with the Green Deal focusing on climate and environmental impact.
Investments include the completion of a new bottling and storage facility, as well as the expansion of the distribution network, key strategic elements in the upcoming period.
The Romanian investment market recorded transactions of around €476 million last year, down by more than half over 2022's cycle high of €1.25 billion.
Libris, an online bookstore in the Romanian market, closed 2023 with a turnover of RON 80 million, representing a 20% increase compared to 2022.
The retailer Flanco announced the acquisition of its first two real estate projects for new greenfield stores. They are located in commercial areas of Botoșani and Brașov and were purchased in the last six months.
Romania is at 34% of the EU average in innovation in 2024, and the startup success rate is not above 10%.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
The collaboration involves key activities critical to the brand's long-term success in these new markets, including identifying and selecting franchise partners.
The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.