Latest news

Luka Zivkovic has been appointed as the new GM of Bonapp, the app supporting the reduction of food waste, following its merger with Munch earlier this year.

Libra Internet Bank has announced a €35.5 million financing package to support the sixth phase of the Exigent Plaza Residence development in western Bucharest.   

Oresa Industra, the property division of Oresa investment group, has obtained the building permit for the extension of its industrial project in Iași.

ArcelorMittal has announced the indefinite suspension of production at its steel factory, with operations set to halt from September 5.

German retailer Metro has completed a new 12,000 sqm Food Service Delivery (FSD) warehouse in partnership with industrial developer WDP in Ștefăneștii de Jos, near Bucharest.

Agora Mall Arad reopened its doors following an extensive renovation and repositioning process, with strategic consultancy provided by the retail team at Cushman & Wakefield Echinox.

Symmetrica, the Romanian maker of vibro-pressed pavers and kerbs, has appointed Liviu Stoleru as its new CEO.

A Romanian investor with a substantial portfolio of commercial spaces has acquired half of the landmark Scala apartment building from the heirs of the Bragadiru family.

Morphosis Capital Partners, a growth capital fund, has successfully closed its second fund, Morphosis Capital Fund II, at €130 million.

Industrial production prices (covering both domestic and external markets) increased by 2.7% in July 2025 compared to the same month in 2024.

EGV and Inspire Capital have led a new funding round of €1.6 million for the local AI startup Meetgeek.

Energy group PPC has launched a fast-charging solution that operates on 100% renewable energy.

DIY retailer Hornbach will inaugurate its tenth local store on September 3. The new location, the fourth in Bucharest, represents an investment of more than €48 million.

The industrial developer WDP has signed an agreement with Action, the international non-food discount chain, for the development of a new distribution centre.

The Romanian construction market has reached a new historic milestone with 460,000 employees as of the end of May 2025, also marking a 7% increase in the volume of works during the first five months of the year compared to the same period in 2024. 

Romanian airports experienced a strong performance in H1 2025, with air passenger traffic increasing by 7.9% compared to the same period of last year, according to the INS.

Property developer Homing Properties, specialising in the mid-to-high residential segment, has contracted Mantor General Contractor to begin construction on the first phase of the luxury residential project, Homing Village, located in Pipera, near Bucharest.

Renault Group has announced the appointment of Katrin Adt as the new CEO of the Dacia brand, succeeding Denis Le Vot, who is departing the company.

Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025. 

Premier Energy said its normalised revenue increased by 49% year-on-year, reaching €797.5 million in H1 2025, while its normalised net profit grew by 23% year-on-year.

Romanian engineering group Simtel Team has announced the appointment of Mihai Velicu as its new Group CFO.

Industrial developer CTP has appointed Ronald Binkofski as the new Managing Director for Romania, as part of the company's plan to achieve an annualised rental income of €1 billion across its European portfolio by 2027.

Romanian private healthcare operator MedLife has reported a pro-forma consolidated turnover of RON 1.57 billion (€316 million) in H1 2025, a 20.3% increase compared to the same period in 2024.

Sphera Franchise Group, the largest food service group in Romania, announced consolidated sales of RON 745.2 million (€150.3 million) for H1 2025, marking a slight increase of 0.7%.

Romanian electricity major Electrica Group has announced a substantial increase in its financial performance for H1 2025, with a net profit reaching RON 421.4 million.

Romania's consolidated general budget execution closed the first seven months of 2025 with a nominal deficit of RON 76.44 billion (€15.34 billion), an increase of RON 5.4 billion.

Germany-based energy company E.ON has issued €1.1 billion in green bonds through a public transaction.

The European property market has begun to adapt to new conditions. The latest data, based on a survey in 28 countries across Europe, has clearly confirmed this, according to the 14th edition of the Deloitte Property Index.

Industrial developer CTP has kicked off the construction of a 4,000 sqm extension for the iwis factory at CTPark Oradea City, which is slated for completion in 2026.

Gen Z is not rejecting the office but is instead calling for its fundamental redefinition, according to Colliers consultants.

Westlake Corporation, a global manufacturer of innovative materials and products, has announced its agreement to acquire the global compounding.

BlackPeak Capital, a private equity firm focused on Southeast Europe, has made a growth equity investment in Affinity Life Care.

Romanian Agroland Group, specialising in retail, agribusiness, and food production, is set to receive a €15 million loan to expand its food division.

Romania has finalised a landmark contractual framework with German defence giant Rheinmetall for the construction of a new ammunition powder factory in Victoria, Brașov County.

Investment in Europe's residential sector has grown by 15% year-on-year to €13.3 billion in H1 2025, according to Savills. However, Romania remains at the bottom of the list for institutional residential investments. 

Property developer Prime Kapital has secured an €85.5 million refinancing facility from Erste Group for Argeș Mall, which opened in April 2024.

Industrial developer CTP has announced a new partnership with Singu, the operator of a cloud-based Computer-Aided Facility Management (CAFM) platform. 

The deposits of non-governmental resident clients at banks rose by 0.9% in July 2025 compared to the previous month, reaching RON 634.9 billion (€127.8 billion).

The number of tourist arrivals in Bucharest reached 777,756 in the first five months of 2025, according to data from the National Institute of Statistics (INS).

Starting August 1, Romania's new fiscal package increased the standard VAT rate from 19% to 21%. It also merged the 5% and 9% reduced rates into a single 11% rate.