11.05.2024

Hotel company ARO Palace Brasov (stock symbol: ARO), controlled by alternative investment fund Transilvania Investments Alliance (stock symbol: TRANSI), has called shareholders for a meeting on more

10.09.2024

Restaurant group City Grill, controlled by Dragos Petrescu, is taking over the majority stake in restaurant chain Marty, launched by Marcelus Suciu in 1999 in Cluj, and steps up expansion on more

09.09.2024

City Grill group, a major player on Romania’s restaurant market, founded by Dragos Petrescu, expects EUR65 million turnover by yearend, 18% higher than in 2023. more

07.30.2024

City Grill Group, one of the leading actors in the Romanian restaurant industry, founded by Dragos Petrescu, ended the first half of 2024 with a turnover of EUR31 million, up 18% from the same period more

07.19.2024

Construction works on Phase II of the Nusco City project in northern Bucharest started in fall 2023 and the first three blocks of apartments, out of a total seven blocks of this phase, are due to be more

07.19.2024

The City Grill Group, one of the leading restaurant businesses in Romania, has recently opened two 5 to go coffee shops inside the Henri Coanda International Airport, following the signing of a more

05.29.2024

Restaurant group City Grill, founded in 2004, has budgeted EUR100 million turnover in the next 3-5 years, counting on a receipts advance supported by expansion. more

05.22.2024

Intesa Sanpaolo Bank, the Romanian subsidiary of Intesa Sanpaolo Group, has been selected by the Bucharest City Hall in an auction for the contracting a RON150 million loan to be used for the more

05.20.2024

Medical city Enayati Medical City, the largest greenfield investments on the private healthcare market, carried out by cardiologist Wargha Enayati, ended the first quarter of 2024 with 46% higher more

04.30.2024

Baneasa Developments, the company that manages the Baneasa Shopping City mall in the northern part of Bucharest, has reached a record profit margin of more than 60% after ending 2023 with a RON170.7 more

03.05.2024

City Grill group, founded by Dragos Petrescu, is one of the winners of the tender for Otopeni Airport commercial spaces. more

02.20.2024

Bozankaya, a Turkish-held public transport vehicle producer, has gained a project within a tender organized by Iasi City Hall via which it will deliver the municipality 18 trams with a length of more

02.07.2024

The Local Development Agency, a public company having the city of Oradea as majority shareholder, attracted total investments of EUR28.3 million in 2023, which will create 10,200 jobs until 2028, as more

01.03.2024

Boozankaya, a Turkish public transport vehicle producer, has sealed a contract with Timisoara city hall for the delivery of 17 trams around 30 meter long and with a total transport capacity of around more

10.26.2023

The Sibiu City Hall has bought for EUR5.2 million the land and buildings of the city's Fabrica de Cultura (Culture Factory) held by the company Constructii S.A., which is currently in reorganization. more

10.18.2023

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, has won a contract worth RON79 million (some EUR16 million), VAT not included, with more

10.11.2023

Real estate developer Nusco Imobiliara, held by the Italian Nusco family, has received the building permit for the second phase of the Nusco City urban regeneration project in the northern part of more

10.11.2023

Stefanel, one of the first foreign fashion brands to enter the Romanian market in the early 1990s, is returning to the local market with a store within the Baneasa Shopping City, through the company more

08.30.2023

City Grill Group, one of the strongest domestic players in the HoReCa industry, has announced in a press statement the completion of its most extensive investment process to date. more

07.26.2023

City Grill restaurant group, one of the leading players in the Romanian HoReCa industry, announces the completion of an investment worth almost EUR2.5 million for the modernization of the Buongiorno more

07.21.2023

City Grill group, particularly known for the restaurant network it operates, plans to invest EUR10 million this year, with the money mainly aimed at the development of three boutique hotels. more

04.28.2023

The bonds issued by the Municipality of Bucharest through the City Hall of Bucharest (PMB) are now traded on the Main Market of the Bucharest Stock Exchange (BVB) under the stock symbol PMB30. more

04.26.2023

Forty Management, a leading real estate developer of mixed-use and urban redevelopment projects in Romania, has started works for Central District Lagoon City, a project that will comprise over 400 more

03.22.2023

Global Vision and Globalworth have invested EUR12 million in the first phase of the Mures City Logistics project whose first tenant is FrieslandCampina, one of the largest global companies on the more

03.16.2023

Dragos Petrescu, founder of restaurant chain City Grill, says the first two months of this year brought the group a 53% revenue increase from the same period of 2019, the last year before the more