Industry

Business Forum   |   12 May, 2025 at 11:08 AM

Aquila sees 19% revenue growth in Q1 2025

Romanian FMCG distributor Aquila has announced a 19% increase in revenues for Q1 2025, reaching nearly RON 740 million (€144 million).

Business Forum   |   9 May, 2025 at 1:04 PM

Metigla plans €15 million investment in Romania

Metigla, a producer of complete solutions for metal roofing and cladding, is preparing to invest €15 million in its local operations, adding to the €25 million invested over the past 25 years.

Business Forum   |   9 May, 2025 at 7:32 AM

BYD enters Romania, plans local expansion

Chinese EV maker BYD has officially launched in Romania and is introducing a range of 100% electric and plug-in hybrid models to the country's automotive market.

Business Forum   |   8 May, 2025 at 5:03 PM

Liviu Drăgan, Druid AI CEO, dies at 70

Liviu Drăgan, the Founder and CEO of Druid AI, has died at age 70. He was an engineer, inventor, and business leader with over four decades of experience.

RECOMMENDED FROM THE HOME PAGE
Bucharest yields remain well above Western European levels
Real estate

Bucharest yields remain well above Western European levels

Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.

Energy

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.