Altex Founder Dan Ostahie Develops Retail Park ChainBusinessman Dan Ostahie, known for having developed electronics and computer retailer Altex, the leader of its respective market, and for having bought the DIY retailer Brico Depot a few years ago, is now developing his third bet – a retail park chain.
ASF: Private Pension Fund Assets Up To RON246B In H1, 2026The private pension system in Romania performed soundly in the first half of 2026, with 9.6 million participants and RON246 billion in total assets managed by private pension funds in June, an increase of 39% on the year-ago period, Financial Supervisory Authority (ASF) data show.
Romania's TAIFAS Film Festival brings Balkan cinema, music and culture to TimisoaraThe fourth edition of the TAIFAS Balkan film and culture festival is set to bring films awarded at Cannes, Berlinale, and Sundance, a retrospective dedicated to director Nae Caranfil, and the show “Maria T?nase. A Story” to Timisoara, western Romania. The festival will take place between (…)
P.A.B. Romania's Former Metalwork Factory Sold For EUR4.5MThe former metalwork factory owned by P.A.B. Romania—a company that went bankrupt in 2024—has been purchased by a Romanian company active in the same field for EUR4.5 million, according to azitis.com, an auction platform for distressed assets.
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