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.
DP World has expanded its operations in Romania with two new mobile harbour cranes and a 119,000 sqm multimodal terminal platform at Constanța South Container Terminal.
Romania's Competition Council has fined three companies a total of RON 135.2 million (€26.6 million) for anti-competitive agreements in the heated tobacco products market.
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Croatia, Czech Republic, Hungary, Poland, Romania and Slovakia have recorded an 18% increase in banking assets between 2021 and 2024.
PPC Blue, part of the PPC Group in Romania, has reached over 1,100 charging points this year, doubling its network from the previous year. More than half of these are fast and ultra-fast charging stations, making it one of Romania's most extensive electric vehicle charging networks.