Tag: ESG (44 articles)

Real estate   |   23 September, 2025 at 1:44 PM

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

Real estate   |   5 August, 2025 at 8:00 AM

Defense sector emerges as industrial market stabilizer

Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors, talked to Property Forum about the firm's growth in office leasing and land transactions, as well as the outlook on rents and the role of the defense sector in boosting industrial demand going forward.

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Romanian inflation to hover around 9% by mid-2026, says ING
Economy

Romanian inflation to hover around 9% by mid-2026, says ING

Romanian inflation eased slightly to 9.8% in October from 9.9% in September, with declining food prices providing some relief while services inflation remained elevated. The National Bank of Romania is expected to maintain current rates until mid-2026.

Finance

BT launches EUDIW pilot in Romania

BT and BPC have completed Romania's first pilot of the EU Digital Identity Wallet (EUDIW) for payments, allowing cardholders to authenticate online purchases with their European Digital ID.

Industry

Aquila posts 17% revenue growth on nine months

Romanian FMCG distributor Aquila reported a 17% increase in revenues to approximately RON 2.5 billion (€500 million) in the first nine months of 2025, driven by strong performance in its distribution and logistics segments.

Real estate

Expur relocates HQ to Business Garden Bucharest

Vastint Romania has signed a new lease agreement with Expur for 940 sqm in Building A of Business Garden Bucharest. The oil processing company is relocating its headquarters to the modern office complex.