Category: Uncategorized
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cargo-partner’s lease partnership with CTP reaches 28,000 sqm in Romania
CTP, a leading developer, owner, and manager of industrial and logistics properties, announced the expansion of its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 sqm at CTPark Cluj. Following this new lease deal, cargo-partner now occupies a total of 28,000 sqm across CTP’s portfolio in Romania. The two companies’ collaboration…
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Hesburger opens a new restaurant in AFI Cotroceni following a 500,000 Euro investment
The company has created 20 new jobs along with the restaurant opening The new restaurant operates on a 50 square meters area Băneasa Shopping City is the next destination for a new Hesburger location Hesburger, the largest fast-food restaurant chain in Finland and one of the best known in Europe, opens a new restaurant in…
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PepsiCo promotes two Romanians to leadership positions in Eastern Europe division
PepsiCo, one of the leaders in the food and beverage industry, announced the promotion of two Romanians within its leadership team for the Eastern Europe region. Emilian Dinică becomes the company’s East Balkans Supply Chain Director, while Daniel Drăgușin was promoted to Senior Director, Supply Chain Transformation Europe. Emilian Dinică will be responsible for implementing the East Balkans…
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Dispute between mayors delays consolidation of Bucharest’s Unirii Square
The project targeting the complete reconstruction of the underground floor in the Unirii area in downtown Bucharest, namely the massive concrete slab that covers the busy Unirii Square, has triggered a dispute between the District 4 mayor Daniel Băluță and Bucharest’s general mayor Nicuşor Dan. This, in turn, delays the work, which was supposed to…
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Main subway stations in Bucharest to be equipped with defibrillators
A total of 13 automated defibrillators will be installed in the busiest subway stations in Bucharest as part of the national project “First Aid Point. Be a Savior!” initiated by the Department for Emergency Situations (DSU). The project aims to enable citizens to provide first aid in the event of cardiac arrest by equipping the…
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Alfa Group acquires part of Iride Park project from CPI Romania
Alfa Group, through Iride Development, acquired from CPI Romania the biggest part of the Iride Park project in Bucharest, the attached logistics, and two buildings located nearby with a large potential for further development, according to a deal sealed by the two parts on October 1. The buildings Iride eighteen, myhive | Iride nineteen, myhive…
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Ukrainian president Zelensky thanks Romania for Patriot system once again
Ukrainian president Volodymyr Zelensky once again thanked Romania for providing the Patriot system in his Wednesday, September 2, video speech. Zelensky also mentioned the overnight attack that occurred very close to the border with Romania, damaging the Orlivka (Isaccea) crossing point. He called for joint air defense in areas near NATO countries, and for these…
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EC reportedly to talk electricity market functioning at request of Greece, Bulgaria and Romania
The European Commission accepted that, at the October 15 Council of Ministers, the joint request of Romania, Bulgaria, and Greece regarding the faulty functioning of the electricity market be debated, energy minister Sebastian Burduja announced at the briefing after the government meeting, Agerpres reported. “If we contribute to the decarbonization process and the green transition,…
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Romanian courier firm Cargus ready to send parcels to Bulgaria and Greece
Cargus, one of the main courier companies in Romania, is expanding its portfolio by launching an international service, allowing its customers to send parcels from Romania to foreign destinations, such as Bulgaria and Greece, in the initial stage. This step marks a landmark in the company’s international expansion strategy, with plans to expand to other…
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Romanian entrepreneur relaunches healthy food brand FruFru
The founder of the healthy food brand FruFru will relaunch the brand in his own stores after taking it over from Unilever – whom he sold in 2020-2022, according to Ziarul Financiar. Starting in 2021, Mihai Simiuc developed the Ototo retail chain dedicated to independent brands, which has three physical stores in Bucharest and one…