INVESTMENTS

Volkswagen, the group owning the Skoda brand, could soon decide on relocating the plant located in Ukraine, which has failed to meet the expectations. Volkswagen might relocate the plant to Serbia, Milenko Kostic, owner of Auto Cacak, Skoda dealer in ...

The manager of Ford Cariova car factory, Ian Pearson, has complained again during the Auto Forum 2019 in Craiova on Monday that the major disadvantage in Romania, which is seriously affecting their investment, is the lack of road infrastructure. The ...

Zentiva Group and Siyiara Enterprises have signed a sale contract to buy Romanian-based Solacium, together with its subsidiary Be Well Pharma. Solacium is currently part of the Dr. Maz group and owned by Siyiara Enterprises together with Trasca Alexandru-Tony. „Zentiva ...

Major Asian investors, like groups from China and South Korea, have set eyes on the local real estate market, exploring the potential to invest directly in the primary commercial markets. It is feasible that the first transaction could occur by the ...

Bulgaria-based Euroins Insurance Group AD (EIG), an insurance group in the CEE/SEE/CIS region, owned by Eurohold Bulgaria, has agreed to take over four insurance companies in three European countries – Romania, the Czech Republic and Belarus. All the companies to ...

Globalworth office investor in Romania and Poland, has started construction of the Globalworth Square office building. Located in the Barbu Văcărescu area of ​​the New Business District in Bucharest, between Globalworth Plaza and Green Court, the project will have a ...

Raytheon Company has issued a purchase order to Aerostar for work on the Patriot® Air and Missile Defense System. This makes Aerostar a member of Raytheon’s global supply chain and with potential opportunity to export and sell to the 15 ...

115,000 sqm retail spaces were delivered in 2018, with 28% more than the total surface concluded in 2017. The majority of the new retail spaces are being located in small and medium sized commercial parks. According to CBRE real estate consultancy ...

Serbian media report that car giant Volkswagen has chosen the neighbouring country for the investment in a new plant, leaving aside Romania, Turkey, Macedonia and Bulgaria. Although Romanian and Bulgaria are EU Member States and could have been favourites, ‘Večernje ...

Cefin Trucks, the only importer and distributor of Ford Trucks in Romania, announces that it has become a leader in the construction vehicles market as well as the municipal vehicles segment, due to the results achieved in 2018. The stake ...