Sunday, October 26, 2025

Turnover News

KIKO MILANO Expands in Romania with a New Store at Băneasa Shopping City

KIKO MILANO, the Italian makeup brand exclusively represented by Fais Group in Greece, Cyprus, Bulgaria, and Romania, continues its expansion on the local beauty...

Volkswagen Warns of Potential Production Halts Amid Nexperia Chip Blockade

German automaker Volkswagen has warned of potential temporary production halts following China’s export restrictions on semiconductors produced by Nexperia — a Chinese-owned company headquartered...

University of Bucharest Hosts Live Event for the Opening of the Grand Egyptian Museum

The University of Bucharest, in partnership with the Embassy of the Arab Republic of Egypt in Romania, will host on Saturday, November 1, 2025,...

Governance crisis shakes Novo Nordisk leadership

Novo Nordisk, the Danish pharmaceutical giant known for its innovative treatments for obesity and diabetes, is facing a major internal crisis. Several board members...

IKEA brings its first Planning and Ordering Studio in Transylvania to Cluj

IKEA continues its regional expansion with the opening of its first Planning and Ordering Studio in Cluj County, located at 59 Alexandru Vaida Voevod...

Hyundai temporarily halts Czech production amid weak demand

South Korean carmaker Hyundai will temporarily suspend production at its Nosovice plant in the Czech Republic, the company’s only manufacturing site in the European...

Allianz Trade: Global corporate bankruptcies set to rise 5% in 2026

Fifth consecutive annual increase in insolvenciesAccording to the latest Allianz Trade forecast, global corporate bankruptcies are expected to rise by 5% in 2026, marking...

Mobexpert opens Transylvania’s largest furniture store in Brașov

A new chapter in the Romanian dream of creating and producing locallyRomanian furniture giant Mobexpert has opened its largest store in Transylvania, located in...

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