Bucharest Mayor Ciprian Ciucu signed in late December a €29.7 million loan agreement with the Council of Europe Development Bank (CEB) to finance the consolidation of six buildings at seismic risk.
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.
CEE is entering an uneven economic recovery against a backdrop of inflationary pressures, with Romania remaining under pressure from inflation and fiscal imbalances, according to Allianz Research.
Haleon, a consumer healthcare company, has appointed Jon Workman as President for Europe operations.
Romanian communication consultancy Graffiti Plus (GRF+) is opening its private placement round on January 22, targeting retail investors ahead of its planned listing on the Bucharest Stock Exchange's AeRO market in H1 2026.
Insurers are experiencing uncertainty from economic pressures, geopolitical volatility and increasing catastrophic events, combined with higher customer expectations, according to the Deloitte 2026 global insurance outlook.
The Black Sea Energy Cooperation Association (Besca) has begun operations in Romania as a platform for collaboration among investors, developers, and experts involved in renewable energy projects across the Black Sea region.