Latest news

The residential market in Bucharest returned to a rhythm more in line with previous years, following the record-breaking July, according to an analysis of Fortim Trusted Advisors.

Romanian developer Iulius has begun the first phase of a major modernisation project for the Palas mixed-use complex in Iași. 

Bucharest is emerging as a primary destination for multinational corporations looking to establish Global Capability Centres (GCCs) due to lower office leasing rates and salary costs, finds a study conducted by Savills and CoreNet Global.

The Romanian hotel market has recorded deals exceeding €50 million during H1 2025, compared to €35 million recorded in the same period last year, according to a Cushman & Wakefield Echinox report.

The European Commission has committed €16.7 billion to Romania through the new Security Action for Europe (SAFE) financial instrument.

Vastint Romania has rolled out a new business solution offering autonomous, fully furnished office modules for short-term lease agreements in response to growing demand for flexibility in the office market.

Fresenius, a global healthcare company, has secured a new €400 million loan from the European Investment Bank (EIB) to enhance its European R&D activities.

Orange Romania has announced the launch of SCUT, a new cybersecurity company.

Apex Alliance Hotel Management has appointed Tadas Ėvaltas as the new GM of The Marmorosch Bucharest, Autograph Collection.

State-owned energy companies Electrica and Romgaz have signed a Memorandum of Understanding to jointly develop green energy projects with an installed capacity of up to 400 MW.

Romania's trade deficit grew by 7.1% in the first seven months of 2025 compared to the same period in 2024, reaching €19.3 billion, which was €1.2 billion higher year-on-year.

ROCA Investments, a Romanian PE firm that focuses on local entrepreneurial companies, has acquired a 20% stake in Adrem Group, an energy services provider, for an undisclosed sum.

Agroland Group, a Romanian entrepreneurial business with interests in retail, agribusiness, food production, and animal nutrition, has announced a 23% increase in net profit.

MET Group, the Swiss-based European energy company, has announced a significant leadership change, appointing Huibert Vigeveno as GCEO.

Industrial developer VGP has started the construction on VGP Park Bucharest 2, a new industrial and logistics project with a leasable area of around 114,000 sqm.

Romania's economy has secured the third-highest GDP growth rate in the EU during Q2, according to Eurostat.

The Ministry of Finance is conducting its eighth public offering of Fidelis government bonds on the BVB, running between September 5 - 12.

Over 200 million people across Europe now use TikTok every month, an increase of 14% from the previous year.

Trade between Romania and Germany saw a 1.9% decrease in H1 2025 compared to the same period in 2024, according to the Romanian-German Chamber of Commerce and Industry.

DIY retailer Leroy Merlin has announced an investment budget of €27.9 million for 2025, representing an increase of nearly 50% compared to 2024.

The local real estate holding company, Meta Estate Trust, has announced its exit from the First Estates Pipera residential project. 

Romanian developer Impact Developer & Contractor has announced a new development strategy for 2026-2034, with a plan to build 7,870 homes across five projects that will have a  gross development value of €1.61 billion.

Bittnet Systems has announced that its subsidiary, Dendrio Solutions, has signed a significant framework agreement with a public sector client.

The Bacău International Airport has announced plans to build its first-ever photovoltaic park, an investment worth over RON 25 million (€5 million).

ING Bank Romania has reported significant growth in H1 2025, with assets increasing by 11% to reach RON 79 billion (€15.8 billion) versus the same period of last year.

The non-performing loan (NPL) rate in the Romanian banking sector reached 2.81% at the end of June 2025, up from 2.53% in March 2025, also up from the 2.49% rate.

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.