Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.

Industry

Deloitte names new leader for its tech hub in Romania

Deloitte Technology Delivery Center announces the appointment of Emilia Dumitrescu as Managing Director, effective June 2026. She has also been promoted to Deloitte Partner and succeeds Marcus Williamson, Partner, Deloitte UK, upon the completion of his three-and-a-half-year mandate.

Energy

CIP reaches financial close on 392 MW Romanian wind project

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), announced financial close for the 392 MW Peștera II onshore wind project in Constanța County. The project represents one of the larger investments in new renewable energy infrastructure in Romania and one of the larger project finance transactions in CEE.

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Energy

OMV Petrom advances with green hydrogen project at Petrobrazi

OMV Petrom, the integrated energy producer in South-Eastern Europe, announces the delivery of the fourth and final module of the 20 MW electrolyser for green hydrogen production at the Petrobrazi refinery. The company has a capacity of 55 MW under development, through two projects: one of 20 MW and another of 35 MW.

Energy

Hagag Energy names new gas division COO

Hagag Energy, the energy investment platform of international investor Hagag Europe, has appointed Pavel Ciubotaru as Chief Operating Officer (COO) of its Natural Gas Division.

Energy

Premier Energy secures €825 million to buy Evryo Group

Premier Energy has signed an up to €825 million Bridge Facility Agreement with J.P. Morgan and UniCredit to fund the acquisition of the Evryo Group, including its electricity distribution subsidiary, Distributie Energie Oltenia, as well as to refinance approximately €100 million of current indebtedness.

Energy

Electrica advances €27.9 million Satu Mare solar project

Electrica announces the completion of the competitive procedure for the selection of an EPC Contractor and the signing, by its wholly owned subsidiary New Trend Energy, of the contract for the Satu Mare 3 photovoltaic project.

Energy

Polytrade Global triples revenue in 2025, eyes European push

Polytrade Global, a Romanian group specialising in energy infrastructure, the supply of electrical equipment, and renewable energy projects, closed 2025 with a turnover of around €21.5 million, a 173% increase on the previous year, and a net profit of €579,000.

Energy

OMV Petrom completes €140 million investment at Petrobrazi refinery

OMV Petrom, an integrated energy producer in South-Eastern Europe, commissioned a new aromatics unit at Petrobrazi, following an investment of around €140 million. The unit has a capacity of 150,000 tons per year of toluene and benzene, improving the refinery's production mix and energy efficiency while reducing environmental impact.

Colliers marks 30 years tracking Romania investment market

Romania's real estate investment market has grown from a nascent segment with almost no institutional-grade assets to one capable of supporting individual transactions approaching €400 million and annual volumes above €1 billion in peak years, according to an analysis by Colliers marking the firm's 30th anniversary in Romania. Yields have fallen from above 20% in the 1990s to single-digit levels today, reflecting a fundamental shift in how investors perceive the market.

Forte Partners and AFI Romania lead AREI into new chapter

The Association of Real Estate Investors in Romania (AREI) has elected a new leadership structure. Geo Margescu, Co-Founder and CEO of Forte Partners, has been elected as AREI President, while Doron Klein, Group Deputy CEO of AFI and CEO of AFI Romania, has been elected Vice-President.

Aurel Muntean revives 27,000 sqm Bucharest office project

Romanian investor Aurel Muntean has revived plans for Unirea Business Center in central Bucharest after a decade-long standstill. The revised scheme will offer 27,000 sqm of leasable office and retail space, with completion targeted for Q2 2028, Profit.ro reports.

Real estate

Cluj-Napoca leads Romania apartment price rankings

Cluj-Napoca has the highest asking price per square metre among 72 Romanian localities tracked by VDI.ro, reaching €3,419 per sqm for two-room apartments, based on 50,553 listings published in the 45 days to 28 October 2026. At the other end of the scale, Petroșani recorded the lowest figure at €736 per sqm. A budget of €100,000 buys approximately 29.2 sqm in Cluj-Napoca compared with approximately 135.9 sqm in Petroșani.

Real estate

Investors prioritise resilience as operational performance gains importance

Investors and developers are becoming more selective as financing conditions, operational costs and market uncertainty put pressure on returns. At SEE Property Forum 2026 in Bucharest, industry executives discussed investment opportunities across retail, logistics and hospitality, highlighting the growing importance of asset management, reliable operational data and technology in protecting property values.

Real estate

NEPI Rockcastle targets €12 billion portfolio with Iberia push

NEPI Rockcastle, the owner and operator of shopping centres in Central and Eastern Europe, has outlined plans to grow its property portfolio to approximately €12–13 billion over the next five years. The company presented its investment priorities and expansion strategy at a Capital Markets Day held in Warsaw, where management met investors and industry experts to discuss the direction of retail real estate and the group's growth plans.

Real estate

Shopping centres look beyond footfall as consumer expectations evolve

Shopping destinations in Romania are increasingly competing on experience, convenience and their ability to understand consumers, rather than simply attracting more visitors. At SEE Property Forum 2026 in Bucharest, retail experts discussed how changing shopping habits, local brands, accessibility and data-driven strategies are reshaping retail properties, with a growing emphasis on creating reasons for customers to stay longer and return more frequently.

FintechOS turns profitable over higher US sales
Finance

FintechOS turns profitable over higher US sales

FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.

Romanias €5 billion investment overhaul: what firms must know
Finance

Romania's €5 billion investment overhaul: what firms must know

Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.

TechAngels names new President
Finance

TechAngels names new President

The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.

Intesa Sanpaolo Bank Romania CEO resigns
Finance

Intesa Sanpaolo Bank Romania CEO resigns

The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).

Shopping centres look beyond footfall as consumer expectations evolve
Real estate

Shopping centres look beyond footfall as consumer expectations evolve

Shopping destinations in Romania are increasingly competing on experience, convenience and their ability to understand consumers, rather than simply attracting more visitors. At SEE Property Forum 2026 in Bucharest, retail experts discussed how changing shopping habits, local brands, accessibility and data-driven strategies are reshaping retail properties, with a growing emphasis on creating reasons for customers to stay longer and return more frequently.

Banca Transilvania and PKO Bank Polski forge referral partnership
Real estate

Banca Transilvania and PKO Bank Polski forge referral partnership

Banca Transilvania and PKO Bank Polski have signed a mutual client referral agreement to support Romanian and Polish companies seeking to expand across both markets. Under the arrangement, the two banks will refer corporate and SME clients to one another when those clients require local banking services in Romania or Poland.