Latest news

Affidea Romania has announced the acquisition of Sf. Sava cel Sfințit Hospital and GMH Oncology and Oncological Surgery Hospital, two medical units in Bucharest that will be integrated under the Affidea Hospitals brand.

PPC Blue Romania, part of the PPC group, has won a tender to install seven fast charging stations for electric vehicles at Bucharest Henri Coandă International Airport.

Romanian office developer Genesis Property has obtained Breeam Outstanding certification for the DE building in Bucharest-based Yunity Park. The certification was awarded for both asset performance (6 stars, 85.9%) and management (6 stars, 89.4%).

Several EU member states have already implemented substantial tax cuts—specifically excise duties and VAT—to mitigate the impact of the fuel crisis on their economies.

Romania emerged as the most dynamic mergers and acquisitions (M&A) market in Central and Eastern Europe (CEE), recording 9% growth in transaction numbers during 2025.

Hanwha Aerospace Romania has presented an industrial package worth €1.3 billion aimed at strengthening Romania's defence capabilities and positioning the country as a production and innovation centre in the European defence industry.

Bucharest recorded the highest number of residential transactions in Romania during the first two months of 2026, while Brașov emerged as the top regional market, according to analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance, based on ANCPI data.

Bucharest is emerging as a key luxury retail destination in CEE, supported by rising purchasing power, growing tourism (over one million foreign tourists spent at least one night in the capital in 2025), and consolidation of prime high street locations, according to Cushman & Wakefield Echinox.

Banca Transilvania, Romania's banking leader, has completed its largest cross-border financing to date with a €50 million loan for Hampton by Hilton Venice Isola Nuova. The loan, provided through BT Italia branch, refinances the hotel's development costs.

Real estate investor GTC has leased over 150,000 sqm of commercial space in 2025 across 30 office complexes and six shopping centres in CEE.

Romania's Ministry of Investments and European Projects (MIPE) and the Investment and Development Bank (BID) signed a financing agreement on 30 March 2026 for the Just Transition Participation Fund (FPTJ).

The World Bank's Board of Executive Directors has approved a €544 million Development Policy Loan to support Romania's efforts to restore fiscal sustainability, enable private sector-led growth and foster job creation.

JTI announced a €300 million investment to build a new factory in Ștefăneștii de Jos, Ilfov County. 

Parapet, an EPC contractor in the renewable energy sector, has appointed Roxana Gureanu as CEO, as the company experiences rapid growth and international expansion.

Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.

Raiffeisen Bank has reached an agreement to acquire 100% of the shares in Garanti BBVA Group Romania, including Garanti Bank and leasing unit Motoractive IFN, from subsidiaries of Banco Bilbao Vizcaya Argentaria.

Charles Montgomery, author of Happy City and ranked among the world's 100 most influential urbanists, will be the international keynote speaker at Tilia – Romanian Cities Summit on April 23-24 in Iași. This marks Montgomery's first visit to Romania.

Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.

State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.

Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.

Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.

Real estate developer RRG Real Estate Group has signed a €7.8 million financing agreement with tbi bank to complete the first stage of the Lakeside11 residential complex in northern Bucharest.

Verne, Pony.ai and Uber Technologies have announced a partnership to launch Europe's first commercial robotaxi service, beginning in Zagreb with initial deployment work already underway, including public-road validation.

The modern office stock in Romania's main regional cities totals approximately 1.08 million sqm, with developers delivering no new projects in these markets over the past two years, according to a new report by Cushman & Wakefield Echinox.

The Romanian Government has officially declared a crisis state on the crude oil and petroleum products market, effective from 1 April 2026 until 30 June 2026.

Romania's office investment market recorded its strongest first quarter in a decade, with transactions totalling approximately €130 million, according to Colliers data. This represents more than triple the average for January-March periods over the past 10 years and signals renewed investor interest despite economic and geopolitical uncertainties.

Eight months after Romania liberalised intercounty transport, FlixBus reports over 600,000 passengers have used its national and international routes, with more than 300,000 travelling domestically between July 2025 and February 2026.

Hidroelectrica has completed the procurement procedure for seven 216 MVA, 15.75/242 kV transformers, equipment necessary for safe operation and continued modernisation of the Porțile de Fier I Hydroelectric Power Plant.

Romanian national carrier Tarom and Condor Airlines have launched a commercial codeshare partnership, expanding Bucharest's transatlantic connectivity through Frankfurt hub.

Recrutopia, a Romanian AI-powered recruitment service, has been launched by Neurony, a Romanian software company, with plans to increase revenues to €6 million this year versus last year's €2.5 million.

The European Parliament and the Council have selected the French city of Lille to host the future EU Customs Authority (EUCA), following a final decision reached on Wednesday.

Iulius and Atterbury Europe have begun construction on Rivus Cluj-Napoca, Romania's largest urban reconversion real estate development.

Holcim Romania has signed a funding agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for the Carbon Hub CPT01 project, a carbon capture and storage initiative.

The Romanian residential market is currently navigating a complex boomerang effect as construction costs remain resilient despite previous forecasts of a decline, according Dr. Sebastian Sipos-Gug, analyst for Romania at Eastern European Construction Forecasting Association (EECFA).

Olympus Foods România has begun construction of a new warehouse at its Brașov Dairy Factory, with an investment of €7.5 million.

Affidea Romania continues its expansion plan in integrated medical services and announces the acquisition of five centres: Phoenix clinics in Bucharest, Arad, Sf. Gheorghe, Sighetu Marmaţiei and GMH Clinic in the capital. The Affidea network now reaches 81 clinics in 33 cities.

Romanians are spending more on cinema experiences as economic pressures drive a shift towards leisure-oriented consumption. Cinema revenues reached approximately €63 million in 2025, up 16% compared to 2024 and around 10% above pre-pandemic levels, according to Colliers data.

The Iran war continues without a clear end, and financial market participants are beginning to consider a scenario where the conflict extends over months rather than weeks, according to an Ebury analysis.

Although 86% of organisations plan to increase their artificial intelligence (AI) investments, only 18% can fully leverage this technology, according to an Accenture report.

Construction costs and plot acquisition have become the primary concerns for real estate developers in Central Europe in 2026, affecting 27% and 25% of companies respectively, according to a Deloitte report.