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.

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.

Green finance becomes the new rule for Romanian real estate

Sustainability criteria are playing an increasing role when banks finance real estate projects in Romania, while buildings that meet green finance standards can obtain better terms. These are the findings of a study carried out by Colliers on the local market, based on responses from four commercial banks, which together hold more than half of the Romanian banking system's assets, and two multilateral development banks active in the real estate sector. The clearest rule identified for new buildings is the NZEB-10% standard, applied by all institutions analysed. All six require the primary energy demand of a new building to be at least 10% below the national NZEB threshold, and a project that does not meet this standard may still be financed, but the loan will generally not be classified as green finance.

This overlooked region could shape Europes next growth story

When international investors discuss Romania, the conversation often begins with Bucharest and increasingly includes cities such as Cluj-Napoca, Timișoara and Brașov. Yet one of the country's most compelling growth stories is unfolding further east.

Real estate

REDPORT and Mobexpert bundle furniture into new home deals

REDPORT and Mobexpert are launching REDPORT Living, a residential concept through which buyers benefit from integrated furnishing and interior design solutions, adapted to each project in the REDPORT portfolio. The program is designed to simplify the stage that follows the purchase of a home, when buyers usually need to allocate additional time, budget and resources for furnishing and coordinating suppliers.

Real estate

Cerberus and Revetas secure €123 million refinancing in Bucharest

Deutsche Pfandbriefbank AG (pbb) has underwritten a €123 million investment facility on behalf of funds and accounts managed by Cerberus Capital Management and Revetas Capital to refinance th Radisson Blu Hotel Complex in central Bucharest. pbb acted as arranger and sole lender under the facility.

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).