Maspex Romania has submitted documentation to the Romanian Financial Supervisory Authority (ASF) for a voluntary takeover bid of a majority stake in Purcari Wineries.
Domeniile Ostrov currently owns 1,200 hectares of vineyards located in the wine region between Ostrov and Constanța.
Harvesting began earlier in August due to intense heat, and the weather conditions led to accelerated ripening of the grapes.
Romania exported €952 million worth of agricultural and food products to Italy, down 6.2% compared to 2022, Italy being the top destination for Romanian exports in this category.
Romanian e-commerce giant eMAG is gearing up for its 15th annual Black Friday event on November 7, which the company expects to set new records for the online commerce industry.
BT and the Investment and Development Bank (BID) have concluded an agreement to support the development of investment projects intended for infrastructure and local communities.
SMEs enjoy the highest level of confidence among Romanian consumers, according to a new study commissioned by Visa, a global leader in digital payments.
In October, there was a significant rise in insolvency filings, signalling mounting pressure on the business environment.
CruiseHub, part of the Aerotravel group, has become the first travel agency in Romania to organise an expedition-type group cruise to Antarctica.