Lion's Head Investments, part of AG Capital, has started construction on Lion's Head Logistics Park in Popești-Leordeni, marking the company's first logistics project in Romania. The development will span 85,000 sqm with an investment of €65 million.
AG Capital has appointed Pavlin Petkov as CEO. Petkov brings over 25 years of international experience across the US, Western and Eastern Europe in private equity, insurance, banking, and pension fund management.
Electrica has signed a memorandum of understanding with steel maker Liberty Galați for the joint development of renewable energy production and storage capacities of up to 500MW.
Romania's Competition Council has conditionally approved the acquisition of Supermarket La Cocoș by the Schwarz Group through Project Brazil Beta company, following an investigation by the authority.
Romania's labour market is undergoing a structural transformation as the country shifts from consumption-driven growth to a more technology-focused economy, with artificial intelligence and automation reshaping employment patterns.
In 2024, the value added from the European Union's agricultural industry accounted for 1.2% of GDP, a 0.1 percentage point (pp) increase compared to 2009.
Rompetrol Rafinare will halt operations at its Petromidia Năvodari and Vega Ploiești refineries in early March for a scheduled technological turnaround lasting approximately 20 days.