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.

55% of employees feel tired or overworked daily or several times a week

A survey by Genesis Property found that nearly 55% of employees in Romania feel tired or overworked daily or several times a week, while only 12.5% describe their professional energy levels as very good. More than 16% say they frequently feel exhausted, burned out or close to burnout. The survey was conducted online in July 2026 among 1,026 internet users in Romania.

Mondo Development takes over management of Nexus in Bucharest

The Nexus office campus in Bucharest's Expoziției area, formerly known as @expo, has entered a new stage of development following its acquisition by Equora Capital and Synergy Group. The campus is now managed by Mondo Development, a real estate firm with a portfolio across several European markets.

BuildGreen secures BREEAM Excellent for 982 flats in Bucharest

BuildGreen has secured BREEAM Excellent certification for 12 residential buildings within Greenfield Băneasa, a development by Impact Developer & Contractor in northern Bucharest. Issued by BRE Global, the certification covers 982 apartments across Phases 1, 2, 3, and 5 of UTR3 (Teilor District), encompassing 62,706 sqm of net internal floor area and more than 96,999 sqm of gross internal floor area. The scale of the project places it among the largest BREEAM-certified residential developments in Romania.

Real estate

One United Properties appoints Cătălin Jalobă as CFO

One United Properties, a Romanian investor and developer of residential, office and mixed-use real estate, has appointed Cătălin Jalobă as Group Chief Financial Officer. The appointment was approved by the Board of Directors on 16 October 2026, and Jalobă will take office on 17 December 2026. He will succeed Cosmin Samoilă, who is leaving the role to pursue new professional projects.

Real estate

North-East Romania looks to turn potential into investment

North-East Romania needs better connectivity, stronger cooperation between the public and private sectors and a more investor-oriented approach to turn its economic potential into concrete projects. In a video interview recorded at Property Forum EastGate 2026 in Iaşi, Vasile Asandei, General Director of ADR Nord-Est, discusses the region's investment opportunities, the sectors with the greatest potential and why the A7 and A8 motorways could fundamentally change its position on the European investment map.

Real estate

Romania logistics market slows 30% in 2026 after record year

Romania's industrial and logistics market has slowed in 2026 following a record 2025. In the first nine months, publicly reported leasing transactions reached approximately 450,000 sqm, around 30% below the level recorded in the same period last year, according to Colliers data. Bucharest-Ilfov accounts for nearly 60% of the total volume, though infrastructure development is beginning to reshape the demand map across the country. Transaction volumes remain close to the ten-year average for the first three quarters and are more than 40% above the 2017–2019 average.

Real estate

Activ Property Services brokers Bucharest logistics lease for Pofta de Pâine

Activ Property Services has brokered the lease of approximately 2,000 sqm of production space for Romanian bakery retailer Pofta de Pâine at Lion's Head Logistics Park Bucharest South, a development located in the Popești area on the southern outskirts of Bucharest. The transaction was coordinated by Cosmin Dinu, Head of Industrial at Activ Property Services, who advised the tenant throughout the process, from identifying a suitable location and conducting technical and commercial assessments to negotiating lease terms. Operations at the new factory are expected to commence in October or November 2026.

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).

Activ Property Services brokers Bucharest logistics lease for Pofta de Pâine
Real estate

Activ Property Services brokers Bucharest logistics lease for Pofta de Pâine

Activ Property Services has brokered the lease of approximately 2,000 sqm of production space for Romanian bakery retailer Pofta de Pâine at Lion's Head Logistics Park Bucharest South, a development located in the Popești area on the southern outskirts of Bucharest. The transaction was coordinated by Cosmin Dinu, Head of Industrial at Activ Property Services, who advised the tenant throughout the process, from identifying a suitable location and conducting technical and commercial assessments to negotiating lease terms. Operations at the new factory are expected to commence in October or November 2026.

NORMAL opens first Romania stores at NEPI Rockcastle malls
Real estate

NORMAL opens first Romania stores at NEPI Rockcastle malls

Danish retailer NORMAL has entered Romania, opening its first two stores at NEPI Rockcastle shopping centres in Bucharest and Timișoara. The openings mark Romania as NORMAL's 14th European market. The store at Mega Mall in Bucharest covers 311 sqm GLA, while the location at Shopping City Timișoara spans 445 sqm GLA, with both sites launching in early October 2026.