Locked content Solaris sells trolleybuses to Romania for PLN 115 mln

Solaris Bus & Coach signed a framework agreement for delivery of up to 50 trolleybuses Trollino 18 to the Romanian city Cluj-Napoca. The contract value is almost PLN 115 million. City town hall placed the order, whereas CTP Cluj Napoca will be the operator of those trolleybuses. Last year Cluj-N...

Locked content Serinus Energy plans to start gas sales in Romania

Serinus Energy plans to start regular gas sales in Romania in the second half of August. In Q2 the company spudded Moftinu-1007 well, the depth of which is 1,463 meters. The well was tested and connected to the gas plant. In addition, Moftinu-1000 well launched production. Currently, Serinus is fina...

Orbis to buy a hotel in Bucarest for €11.3 mln

WSE-listed hotel operator Orbis unit, Accor Hotels Romania signed a deal to purchase hotel Mercure Unirii in Bucharest for €11.35 million and hopes to finalize the agreement within five working days from signing the deal, Orbis said in a market filing.

Locked content CCC buys Romanian Shoe Express for €33 mln

WSE-listed footwear retailer CCC will buy 100 percent stake in Romanian peer Shoe Express for €33 million. The transaction will be conducted through CCC’ subsidiary CCC Shoes & Bags. Shoe Express owned all local CCC-brand stores after purchasing them from Peeraj Brands International. The price w...

Locked content Sobolewski steps down as Romanian bourse CEO

Ludwik Sobolewski resigned from his post as the CEO of the Bucharest Stock Exchange BVB on Friday, the Romanian bourse said in a press statement. His term expired in August, but the BVB board was unable to extend his contract or replace him at its meeting held in the same month due to lack of…...

Locked content ZYX Target launches operations in Romania

IT company ZYX Target has launched its office in Romania and started working with three biggest local database wholesalers in the country, the company said, adding that it expects PLN 6 million income per annum from the local activity. “Data integration is a global trend that allows big companies to...

Locked content 4F opens first stores in Romania

On September 15, Polish sports brand 4F entered the Romanian market with its first two stores in Bucharestin in Promenada (234 sqm) and Park Lake (290 sqm), the company announced. The third store is scheduled to be opened in Mega Mall (162 sqm) on September 29. This expansion is part of a plan to en...

Locked content Andrzej Duda pays tribute to victims of Bucharest tragedy

President of Poland Andrzej Duda laid flowers and a lantern in front a nightclub in Bucharest, in which 31 people died in a fire on Friday night. Monday was the last day of a three day period of national mourning in Romania. Duda’s official part of the visit to Romania starts on Tuesday. The P...

Prologis exits Romania

Prologis has sold Prologis Park Bucharest A1 to Czech group CTP, meaning the industrial space developer has left the Romanian market, the media informed. According to local reports, the deal was close to €50 million.