Romania: Turkish Group Koç Opens Procurement Platform in Romania

November 29, 2024

Turkish Group Koç Opens Procurement Platform in Romania
Nov 29, 2024

Turkish Group Koç Opens Procurement Platform in Romania.

Turkish group Koç, Türkiye’s largest private holding, present in Romania via Arctic, Beko, Grundig, Ford and Otokar brands, is bringing the KoçZer platform in Romania, via which it wants to ease trade between Türkiye and Romania.

[Read the article in Ziarul Financiar]

SEE ALSO IN ROMANIAN NEWSPAPERS

BT Property, With EUR40M Worth Of Assets, Acquires Prima Shops Oradea From Oasis Group BT Property, an alternative investment fund specializing in real estate investments, has announced on Dec. 13 the acquisition of Oradea-based shopping center Prima Shops from Oasis Group, a local company active in the sector of developing and managing retail properties and held by businesspeople (…)

Romania's Current Account Deficit Widens To EUR24.2B YoY In January-October 2024 Romania's current account deficit stood at EUR24.2 billion in January-October 2024, compared with EUR18.4 billion reported in the same period of 2023, considering that the deficit from the international trade in goods widened to EUR26.9 billion, central bank data showed on Friday (Dec. 13, 2024).

European Bank for Reconstruction and Development Provides Guarantee On EUR40M Loan To Omnia Romania Banca Transilvania (stock symbol: BT) is lending EUR40 million to Omnia Europe SA (Omnia Romania), a leading corn starch producer and owner of the largest starch factory in Romania and southeastern Europe.

MedLife CEO Sells 1 Million Company Shares For RON5.8M Private healthcare company MedLife (stock symbol: M) has announced in a stock market report on Dec. 13 that Mihai Marcu, the company's CEO and the largest individual shareholder, sold 1 million M shares, at the price of RON5.82 per share.

Statistics Board: Romania's Industrial Production Up 6.2% In October 2024 vs September 2024 Romania's industrial production increased by 6.2% in October 2024, in unadjusted data, compared to September 2024, and by 0.4% when adjusted for the number of working days and seasonality, data from the country's statistics board INS showed on Friday (Dec. 13).

Belgium to increase troops in NATO Battle Group in Romania in 2025 Defense officials confirmed that Belgium will increase the number of troops in NATO’s Battle Group in Romania in 2025, while also expanding major multinational training events. Officials from the Romanian Army and the Minister of Defense from the Kingdom of Belgium, Ludivine Dedonder, visited (…)

Romania receives three more F-16 fighter jets purchased from Norway Romania received three additional F-16 Fighting Falcon fighter jets on Friday, December 13, as part of its ongoing efforts to enhance national and NATO air defense capabilities. The aircraft, purchased from Norway, landed at the 71st Air Base "General Emanoil Ionescu" in Câmpia Turzii, joining (…)