iO Partners has appointed Andrei Văcaru as Managing Director for Romania, effective January 2026. After a transition period with Văcaru until year-end, Vlad Stanislav will take time off before pursuing new opportunities.
Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
Oil major OMV Petrom has delivered the first electrolyser module for green hydrogen production at its Petrobrazi refinery, marking progress in the 20 MW green hydrogen project.
Turkish investor Yeşilyurt Enerji has successfully secured a €20 million financing package from the Netherlands-based bank YapiKredi
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
PPC Blue Romania, part of the PPC group, has partnered with retailer Selgros to install a network of 100 charging points for electric vehicles across stores in 7 cities, with a total installed power of 5,800 kW.
Alive Energy has acquired Green Storage Farm, a battery energy storage system with 82.8 MW of installed power and 181 MWh storage capacity. The project has reached ready-to-build status and received foreign direct investment screening clearance.