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COMPANIES

Vodafone Romania: Total revenues grew by 4.8% in the quarter ended on September 30, 2018

Vodafone Romania announced the key performance indicators for the quarter ended September 30th, 2018, as reported on Tuesday by Vodafone Group Plc. Vodafone Romania had 9,730,487 total customers at September 30th, 2018, remaining flat compared to the same period of ...

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Enel X Romania heralds largest e-Mobility infrastructure plan, around 2,500 charging points, up to EUR 20 M investment

Enel X Romania, a subsidiary of the Enel Group’s advanced energy services business line, Enel X, has officially unveiled today and launched the largest public e-Mobility infrastructure plan in the country. The plan will include the installation of around 2,500 ...

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Wolf Theiss assists Revetas in the acquisition of Project Marina in Romania

Wolf Theiss assisted funds advised by Revetas Capital Advisors LLP (“Revetas”), a real estate investment advisor focused on the CEE market, in the acquisition of the Landmark (“Project Marina”), a 23,500 GLA premium office compound located in Bucharest’s Central Business ...

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British entrepreneur Sanjeev Gupta pledges big Romanian investment

British industrialist Sanjeev Gupta on Friday promised that his global GFG Alliance would investigate wide-ranging investments in Romania to complement his planned development of the huge integrated steelworks at Galati. His comments follow a meeting with Prime Minister Viorica Dăncilă ...

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Black Friday 2018 in Romania. What do the numbers tell us?

Right before the biggest sale season of the year—Black Friday—analysts from Picodi.com conducted research and a survey among Romanians. The results of the research reveal what we can expect from Black Friday this year. From this report you’ll learn, among ...

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EC: Romania needs to recover around EUR 60 M of incompatible aid from energy producer CE Hunedoara

The European Commission has found that energy producer Complexul Energetic Hunedoara (CE Hunedoara) received around EUR 60 million of incompatible State aid from Romania through four publicly financed loans. Romania now needs to recover the illegal aid plus interest, the ...

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Tel Drum wins new contract in Teleorman to upgrade school for RON 7.2 million

Tel Drum company has won another contract in Teleorman County, although it is insolvent: to upgrade a school in Zimnicea for RON 7.2 million. The contract for ‘design and execution of works for upgrading and endowment of School no. 2, ...

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