The developer of real estate projects Iulius, through the company Carbo Europe, has finalized the process of acquiring the majority shares of the manufacturer of abrasive materials Carbochim SA Cluj-Napoca.
The world of Facilities Management (FM) is now a digital one. Rapid sensor development, integrated monitoring capability, cloud data sharing was the first wave of digitization. The next wave is focused on the use of artificial intelligence in the analysis of shared data, the redesign of processes and the involvement of the extended team (owner-tenant-FM specialist) in making intervention decisions.
The volume of real estate investments in Romania in 2019 exceeded the limit of one billion euros, totaling about 1.06 billion euros, up 7% from the level recorded in 2018, data from the research department of the real estate consultancy company CBRE Romania shows.
Romania's car production last year was 490,412 units, up 2.9% compared to 2018, out of which 350,000 units carried the Dacia logo, and another 140,000 units were made by Ford at the Craiova plant.
Foreign direct investments increased in the first 11 months of 2019 by about 2.55% compared to the same period last year, to 5.145 billion euros, according to the National Bank of Romania.
Prodal '94, one of the largest local producers of spirits, bottling the Stalinskaya vodka, takes over the companies Lipomin and Carpatina, traders of flat mineral water and carbonated mineral under the brands Lipova and Carpatina.
Globalworth Industrial, the industrial and logistics sub-brand of Globalworth, the leading office investor in Central and Eastern Europe, has begun construction at Constanța Business Park, the largest mixed-use project in Romania.
The mergers and acquisitions (M&A) market has witnessed 110 transactions in Romania in 2019, the highest level in a decade. In 2018, the number of deals was 98 and in 2017,106.
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