INVL Baltic Sea Growth Fund has completed the purchase of Pehart Group, a producer of household and industrial paper products in Romania, from Abris Capital Partners.
Elfi, the Romanian producer of tissue and sanitary paper products, has announced a significant €10 million investment aimed at expanding its production capacity.
In 2020, 63% of paper and card was recycled in Romania, compared to a European average of 82%
Romania's national electricity transmission company Transelectrica is managing €51.7 million in funding from the National Recovery and Resilience Plan's (PNRR) REPowerEU component.
Synevo Romania has appointed Adrian Tudoscă as General Manager, while Laurențiu Luca takes over leadership of diagnostic operations across 11 Southeast European markets.
Romania's Ministry of Finance is conducting its fourth public offering of Fidelis government bonds this year, running from April 14 to 21 on the BVB. .
Romanian authorities are making sustained efforts to avoid downgrading the country's rating to 'junk' (speculative investments) category, which would hinder access to financial markets and increase borrowing costs for both the state and companies.
Oscar Downstream has appointed Silvia Ene as Chief Operating and Strategy Officer, a role designed to accelerate the company's strategic directions.