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.

Tesco explores sale of Central European units as Kaufland circles

Speculation has intensified over a possible sale of Tesco's operations in Hungary, the Czech Republic and Slovakia, with the Financial Times reporting that the Schwarz Group, which operates the Lidl and Kaufland chains, is expected to make an offer for the Czech and Slovak businesses. Dutch retailer Ahold Delhaize and Polish discounter Biedronka are also named among potential bidders. 

Romania takes the spotlight at EXPO REAL 2026

Romania's real estate market and investment opportunities will take centre stage at EXPO REAL 2026 in Munich. Hosted by AHK Romania with the support of Property Forum, Spotlight on Romania @ EXPO REAL 2026 will bring together investors, developers, public authorities and other industry stakeholders on 5 October for an evening of market insights and networking.

Nhood joins Regata Imobiliare to develop Satul German in Moldova

Nhood has become the development partner of Regata Imobiliare for the commercial component of Satul German, a large-scale urban development project in the Republic of Moldova. Under the mandate, Nhood will provide integrated development, leasing, property management and asset management services, with the aim of supporting the project's long-term performance.

Real estate

Mindspace appoints Michał Kwinta to lead Poland and Romania

Michał Kwinta is expanding his role at Mindspace, taking on responsibility for Romania in addition to his existing management of the company's Polish operations. The appointment broadens Mindspace's regional structure in Central and Eastern Europe across two office markets at different stages of development in the flexible workspace sector.

Real estate

Converde calls for clear rules on Romania green roof law

Romania's Urban Planning Code will require, from 1 January 2027, that office, commercial, industrial and storage buildings, including covered car parks, with a built area exceeding 1,000 sqm obtain authorisation only if green roofs adapted to local climatic conditions cover at least half of the roof surface. Industry association Converde welcomes the obligation, arguing that rooftops currently function as heat-accumulating surfaces that discharge rainwater rapidly into drainage systems, and that the new rules could turn them into active infrastructure for urban climate adaptation.

Real estate

Romania's land market under significant transformation

Romania's land market is undergoing a significant transformation, with plots carrying clear zoning status, approved Zonal Urban Plans and the ability to enter development rapidly becoming the most sought-after assets, according to Crosspoint Real Estate, the International Associate of Savills in Romania. The value gap between fully entitled land and plots lacking planning documentation is continuing to widen.

Real estate

ADR Nord-Est puts North-East Romania on the international investment map

North-East Romania has an increasingly important role to play in the economic transformation of the wider region. Positioned at the intersection of Romania, the Republic of Moldova and Ukraine, the region has the opportunity to become a significant gateway for investment, infrastructure development, industrial growth and future reconstruction.

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).

ADR Nord-Est puts North-East Romania on the international investment map
Real estate

ADR Nord-Est puts North-East Romania on the international investment map

North-East Romania has an increasingly important role to play in the economic transformation of the wider region. Positioned at the intersection of Romania, the Republic of Moldova and Ukraine, the region has the opportunity to become a significant gateway for investment, infrastructure development, industrial growth and future reconstruction.

Romanian construction project-starts fall sharply in H1 2026
Real estate

Romanian construction project-starts fall sharply in H1 2026

The value of newly started construction projects in Romania fell considerably in the first half of 2026, with declines recorded across almost every submarket, according to the EBI Construction Activity Report Romania Q2 2026, prepared by Eltinga, Buildecon and iBuild. "Q1 was relatively strong, but not enough to change the overall downward trend. A combination of economic slowdown, persistent inflation, elevated interest rates, and reduced public spending continues to constrain the market," said Dr. Sebastian Sipos-Gug of Ebuild srl.