Ciprian Ciucu, the Sector 6 mayor, has been elected as the new mayor of Bucharest with 36.16% of the votes secured in Sunday's elections. Based on his recent statements, one of his priorities will be the completion of the Urban General Plan (PUG), which should unlock new real estate developments based on the needs of the city.
Vastint Romania has announced the opening of Saint Roastery Botanica urban café in Business Garden Bucharest.
Global Vision Investment Fund (GVIF) has signed a €4.5 million refinancing agreement with Raiffeisen Bank Romania for its retail project in Oradea.
Allianz-Țiriac Asigurări has completed the sale of its two former headquarters located in the Victoriei Square area of Bucharest.
Athens-based architecture firm Bobotis+Bobotis Architects has officially entered the Romanian market, marking a step in its international growth strategy.
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.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
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.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).