Category: Uncategorized

Kingswood Capital Management has signed an agreement to acquire the medical products manufacturer Drive DeVilbiss Healthcare from the private investment firm CD&R. Drive DeVilbiss has been present in Romania since 2005, with a factory in Bistrița, where the company produces its Ticco raised toilet seat, Delphi shower stools and Bellavita Nova bath lifts, according to…

The National Agency for the Development of Health Infrastructure (ANDIS) and the Turkish group CCN signed the contract for the construction works on the Iași Regional Emergency Hospital on October 17. The value of the contract amounts to RON 1.69 billion (around EUR 340 million), Forbes.ro reported. Earlier this year, CCN also won the tender…

Egg producer Toneli has opened a breaker egg factory in Costeştii din Vale, in Dâmboviţa county, following a EUR 5 million investment. “Toneli has been active in this sector (e.n. breaker eggs) for four years, but we were outsourcing this service to a partner in Bulgaria. Now, we have built a factory from scratch,” Florin…

Compa Group, one of the largest manufacturers of automotive components in the country, has started the second phase of Arsenal Residence, a residential complex located near the Sub Arini Park in Sibiu, in central Romania. The total investment exceeds EUR 30 million, and follows the company decision to diversify into the real estate market, Ziarul…

Mplus, the BPTO vertical of Croatia’s Bosqar Invest (ZSE: BSQR), has concluded its acquisition of Valoris, the Romanian customer experience (CX) and business process outsourcing (BPO) provider. The acquisition of Valoris further strengthens Mplus’s position on the Romanian market and expands its delivery capacity for international markets, the company said. The transaction has received the…

The Constitutional Court of Romania (CCR) ruled on October 20 that the law that modifies the pension rules for magistrates is unconstitutional. The decision on the law follows a complaint of unconstitutionality filed by the High Court of Cassation and Justice. The law, proposed by the government led by Ilie Bolojan as part of several…

In a world where remote, hybrid, or flexible work has become the norm, connections between colleagues outside the office are more important than ever. Recent studies show that these bonds boost performance, engagement, and employee loyalty, and companies that understand this are increasingly investing in shared experiences. It’s not just about fun; it’s an essential…

Romanian far-right, pro-Russian member of the European Parliament Diana Șoșoacă was present in Moscow on October 19, where she participated in the 20th anniversary of the Russia Today television station, an event attended by president Vladimir Putin. The MEP’s presence in Moscow was announced by the party she leads, SOS Romania, and presented as a…

The Romanian Intelligence Service (SRI) has warned of a coordinated online disinformation campaign spreading false information about the recent explosion at the apartment building in Bucharest’s Rahova district, which killed three people and injured 15 others.  In a statement released on Monday, October 20, SRI said that in recent days, numerous conspiracy theories have circulated…

Exim Banca Românească will organize, in the coming period, a series of meetings with representatives of the business communities in the main economic centres of the country, an initiative that is part of the Bank’s strategic endeavour to strengthen the partnership with the business environment and to gather relevant market perspectives, to underpin the development…