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

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.

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.

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.

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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.

Energy

NextPower rolls out solar tech for European sites

NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.

North Bucharest Investments adds VIVO Residence to its portfolio

North Bucharest Investments (NBI) continues to develop one of Romania's residential ecosystems by integrating VIVO Residence into its portfolio of partner developments. The partnership strengthens NBI's position as a company specialising in residential and investment real estate, bringing together consultancy, technology, marketing, and access to residential opportunities in northern Bucharest within a single ecosystem.

Bucharest ranks among Europes cheapest logistics markets

Romania's logistics and industrial market remains one of the most competitive in Europe in terms of occupancy costs. With an average prime industrial rent of €4.8/sqm/month, Bucharest ranks as the fourth most affordable market among the European locations analysed, at a time when companies worldwide are restructuring their supply chains in response to geopolitical uncertainty and rising operating costs. These findings are highlighted in "Waypoint: Global Industrial Dynamics 2026", a report by Cushman & Wakefield that examines trends across 135 industrial and logistics markets worldwide.

€20 million Bucharest resi project enters advanced construction stage

Palladyo, a residential project located on Theodor Pallady Boulevard, has completed its structural framework, entering an advanced construction stage. The total investment is estimated at €20 million. The project is developed by Mulberry, a company founded by Oleksandr Sobko and active in markets including Lithuania, Romania, the United Kingdom and Cyprus. Palladyo includes 130 residential units, from studios to four-room duplexes, two ground-floor commercial spaces, shared terraces and 134 parking spaces, of which 75 are underground and 59 above ground.

Real estate

Speedwell breaks ground on new SME warehouse near Bucharest

The new Class A warehouse project dedicated to SMEs has moved into its final stage of development, with construction works underway. Early access is planned for March 2027, while the project is scheduled to become fully operational in May 2027.

Real estate

Bucharest housing bounces back

Bucharest's residential market is showing signs of recovery as the first half of 2026 drew to a close. After a start to the year marked by adjustment, with apartment transactions falling 16.6% in the first three months compared to the same period in 2025, the second quarter brought a rebound in demand, confirmed by ANCPI data.

Real estate

Financing has become more selective and rational

Didier Balcaen, CEO of SPEEDWELL Development, talked to Property Forum about the company's €2 billion Romanian portfolio and the transition toward "quiet luxury" in residential. He highlighted that selective financing now rewards future-proof projects with measurable energy performance.

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).

Financing has become more selective and rational
Real estate

Financing has become more selective and rational

Didier Balcaen, CEO of SPEEDWELL Development, talked to Property Forum about the company's €2 billion Romanian portfolio and the transition toward "quiet luxury" in residential. He highlighted that selective financing now rewards future-proof projects with measurable energy performance.

Technology is a strong enabler but remains secondary to human judgement and interaction
Real estate

Technology is a strong enabler but remains secondary to human judgement and interaction

Oana Iliescu, Managing Director at Cushman & Wakefield Echinox, talked to Property Forum about the resilience of Romania's real estate stock, which remains among the youngest in CEE. She highlighted that despite a complex economic landscape, industrial and capital markets continue to offer investment opportunities for well-positioned assets and long-term investors.