EBRD finances €30 million for Timişoara's green city projects
The European Bank for Reconstruction and Development (EBRD) is lending €30 million to Timişoara to co-finance priority investments in its district heating network.
The European Bank for Reconstruction and Development (EBRD) is lending €30 million to Timişoara to co-finance priority investments in its district heating network.
The Timișoara City Hall recently approved the Zonal Urban Plan (PUZ) for a new urban regeneration project by Țiriac Imobiliare, owned by Romanian billionaire Ion Țiriac.

Oil major OMV Petrom is progressing with its Neptun Deep development project, expecting first gas production in 2027 with estimated investments of up to €4 billion.
EU enterprises are rapidly adopting artificial intelligence technologies, with 20% of companies with 10 or more employees now using AI to conduct business in 2025, according to Eurostat.
Premier Capital has reached a milestone with the opening of its 200th McDonald's restaurant across its European portfolio, located in Malta - the company's home country.
Romanian private healthcare network MedLife has reached a market capitalisation of €1 billion at the Bucharest Stock Exchange (BVB), around nine years after the company went public.
Romania's trade balance deficit (FOB/CIF) reached €27.493 billion in the first ten months of this year, increasing by €275.7 million (+1%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).