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French retailer Auchan increases capital by EUR 30 mln in Romania

French retailer Auchan increased its capital by EUR 30 million in January in Romania, reaching EUR 299.2 million.

Flavours Food Design to open restaurant in Bucharest Business Park

The event catering company Flavours Food Design rented 600 sq. m area in Bucharest Business Park, for the opening of a new restaurant concept, according to Colliers International Romania, the broker of the transaction.

Four of Romanian Ion Tiriac’s companies increase capital by EUR 117 mln

Four companies controlled by Romania’s richest investor Ion Tiriac increased their capital by almost EUR 117 million in January this year.

Number of insolvent companies, down by 54% in Romania

The number of businesses that filed for insolvency dropped in January by 54.72% year-on-year, reaching 930 units.

UniCredit rented 7,000 sq. m in Iasi

UniCredit Business Integrated Solutions (UBIS), the IT services division of the banking group UniCredit, rented an office space of 7,000 sq. m in the fifth office building the businessman Iulian Dascălu is developing in Iaşi, a space where the company will increase its team from 300 to 700 employees.

Intercontinental-TNB parking opens after EUR 3 mln upgrade

The underground car park at Intercontinental and the National Theatre in Bucharest (TNB) was opened on Friday following a EUR 3 million refurbishment.

Fitch affirms Romania at ‘BBB’, outlook stable

Fitch Ratings has affirmed Romania’s long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BBB-’and ‘BBB’, respectively, and stable outlooks, Romania’s Finance Ministry reported on Sunday.

NEPI shareholders to choose between dividends and shares

South-African real estate investment fund New Europe Property Investments (NEPI) has proposed its shareholders dividends worth EUR 48.24 million or granting new shares.

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