Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Engie Romania has doubled its renewable energy capacity to approximately 500 MW following the acquisition of a 253.1 MW wind farm in Ialomița county from Greenvolt Power.
Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Companies and local authorities will have over €1.5 billion in grants available for investment in energy and energy efficiency at the beginning of next year.
Despite 68% of Romanians claiming familiarity with sustainability, only a quarter consistently use it in daily decisions.
M Core has inaugurated M Park Orăștie, a retail park designed to strengthen the group's presence in regional markets and expand its national portfolio of convenience-led retail assets. Located on a 23,000 sqm land plot, the project delivers a built area of approximately 5,500 sqm.
Romanian mobility solutions provider Autonom Services has signed a €300 million credit facilities agreement.
PPC Group has strengthened its renewable energy presence in Romania with a new 130 MW photovoltaic plant in Călugăreni, located 40 km south of Bucharest, which was recently connected to the grid.
Property Forum recently spoke with a prominent player in the Romanian property market, who asked to remain anonymous, about the systemic challenges facing development in the capital, which risks seeing billions of euros in new investments lost due to prolonged administrative blockages.
Local green energy developer Monsson and battery maker Prime Batteries have signed a memorandum of cooperation for the supply of 1,070 MWh of batteries.
Rompetrol Rafinare, part of the KMG International Group, has committed approximately $20 million to the ecological rehabilitation of the historical lagoons.
The European Union's Innovation Fund has selected Holcim Romania's Carbon Hub CPT01 project for funding, marking a significant step in its decarbonisation efforts.
Florentin Avădanei, Founder & Co-CEO at Goldbach Group, talked to Property Forum about the company's strategy of focusing on small urban and rural areas, their consolidation in 2024, and the future of physical retail in Romania.
Globalworth has renewed its Access4you certification for all 16 office buildings in its Romanian portfolio, totaling almost 500,000 sqm. The recertification, conducted with consultancy services from Colliers, marks the second three-year certification cycle for the leading office investor in CEE.
Greenvolt Next, part of the Greenvolt Group, has completed a new photovoltaic power plant.
PPC Renewables Romania is significantly expanding its renewable energy portfolio by launching the second phase of the Deleni Park wind farm.
Power group Electrica has initiated the permitting process for 15 battery energy storage parks (BESS) with a combined capacity of approximately 1 GWh.
Cushman & Wakefield Echinox has announced the appointment of Gabriel Vințe as Business Development Manager within its Project & Development Services (PDS) department.
SolarToday Eastern Europe, a provider of energy storage solutions, has successfully commissioned a 10.32 MWh utility-scale battery energy storage system (BESS).
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its environmental, social and governance performance. The report demonstrates the company's commitment to transparency and sustainable development in Romania's construction industry.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.