Local developer Global Vision is taking its first step into the Romanian retail market with the development of Oradea Retail Plaza, a commercial project valued at €10 million.
Diehl Aviation, a leading aviation industry supplier, has begun construction on a new production facility in Craiova, in response to increasing demand in the aviation sector.
Industrial developer Global Vision has announced the appointment of Antoanela Comșa as Deputy CEO.
Commercial real estate investments in Romania reached €750 million in 2024, marking a 58% increase compared to the previous year, though slightly below the €800 million annual average recorded over the past decade, according to a Colliers report.
The platform, designed to enhance sustainability, operational efficiency, and responsible governance, was officially announced at a major business event in New York.
Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects.
The Technology and Innovation Division will focus on deploying advanced AI-based systems for ESG management, streamlined operations, and data-driven decision-making.
The three acquired entities own a portfolio of assets comprising three warehouse projects of 136,374 sqm and a large plot of land in Constanta.
Global Vision's joint venture with Globalworth completed the divestment of 136,374 sqm of leasable area and a plot of land in Constanta.
Linia Projects space is dedicated to furniture production and interior design, covering 6,000 square meters of production area.
Romania has achieved a significant fiscal adjustment in the first five months of 2026, narrowing its budget deficit to RON 35.94 billion (€7.19 billion), or 1.75% of GDP.
Deloitte Technology Delivery Center announces the appointment of Emilia Dumitrescu as Managing Director, effective June 2026. She has also been promoted to Deloitte Partner and succeeds Marcus Williamson, Partner, Deloitte UK, upon the completion of his three-and-a-half-year mandate.
Enevo Group and Kraftfeld have signed a contract for the construction of a battery energy storage system (BESS) with a power of 110 MW and a capacity of 220 MWh, at Drăgăneşti-Olt, in Olt county, Romania.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).
Connections Consult announces the conclusion of two significant subsequent contracts with a public institution in Romania. Each of them has as its object migration services of cybersecurity applications and hardware and software accessories.