Residential developer Alesonor has appointed Strabag Romania as general contractor for the construction of Phase II of the Amber Forest suburb in Tunari, Ilfov County.
Alesonor has partnered with Pescariu Sports&Spa to create a 12,000 sqm sports and leisure complex within the Amber Forest suburb, with a planned investment of €8 million. The project will feature outdoor tennis and padel courts, two leisure pools, and a 2,200 sqm central building including a semi-Olympic swimming pool, spa, and fitness club.
Alesonor has started the construction of the Verita International School & Kindergarten campus within the Amber Forest complete suburb.
Raiffeisen Bank has reached an agreement to acquire 100% of the shares in Garanti BBVA Group Romania, including Garanti Bank and leasing unit Motoractive IFN, from subsidiaries of Banco Bilbao Vizcaya Argentaria.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.
Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.
JTI announced a €300 million investment to build a new factory in Ștefăneștii de Jos, Ilfov County.
Parapet, an EPC contractor in the renewable energy sector, has appointed Roxana Gureanu as CEO, as the company experiences rapid growth and international expansion.