Vodafone Romania reported that its revenues from services in the first 9 months of the fiscal year 2023 – 2024 (April – December 2023) rose by 2.5% y/y to EUR 582 million. The annual growth accelerated to some 4% y/y and the revenues reached EUR 198 million in the last quarter of 2023, Profit.ro reported….

Austrian commercial real-estate company Immofinanz, part of CPI Property Group, is conducting exclusive negotiations for the partial sale of the Iride office complex in the northern part of Bucharest, a transaction with an estimated value of around EUR 90 million, according to sources familiar with the process consulted by Profit.ro.  The deal is reportedly part…

Eusebiu Gutu, a Romanian entrepreneur who already controls significant assets in the agricultural sector, took over the assets of Mandra Barlad – a sunflower oil plant with a history of over 100 years in northeast Romania, under restructuring. The price paid for “a package of tangible and intangible assets of the Mândra Oil Factory” is…

While one of the trade federations in Romania’s healthcare sector, Sanitas, claimed that an agreement was reached with the government on the wages in the sector, another one (Solidaritatea Sanitara) said that there was no written agreement and that the authorities are making misleading statements but target lower wage hikes, according to Europa Libera Romania….

AFI Europe, the owner of a major mixed-use complex in western Bucharest, is still interested in taking over the majority stake (75%) in Casa Radio, a communist-era abandoned building along Dambovita shore close to the downtown area, but the building is subject to two legal debates involving Plaza Centers, the private partner in a Public…