Real estate

Business Forum   |   31 March, 2026 at 5:45 PM

BT finances Hampton by Hilton Venice hotel with €50 million

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.

Business Forum   |   30 March, 2026 at 8:19 AM

Influential urbanist Charles Montgomery to keynote Iași summit

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.

Business Forum   |   26 March, 2026 at 5:10 PM

Romania's regional office market grapples with lack of new stock

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.

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Electrica secures grid permits for 700 MWh of storage
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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.