PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.
Energy group PPC achieved its 2025 targets with adjusted EBITDA reaching €2 billion and adjusted net profit of €450 million, up 25% year-on-year.
Helleniq Energy has completed two photovoltaic parks in southern Romania with a combined capacity of 58 MW, marking the company's first operational renewable energy assets in the country. The projects are part of a 2023 agreement with Metlen for developing four solar projects totalling 211 MW.
PPC Group and Metlen will establish a 50-50 joint venture for developing, constructing and operating Battery Energy Storage System (BESS) projects of up to 1,500 MW / 3,000 MWh.
Government debt as a share of GDP rose in Q3 in both the eurozone to 88.5% from 88.2% in Q2, and in the European Union to 82.1% from 81.9%, according to data published by Eurostat.
Lululemon announced plans to expand into six new markets in 2026 through franchise partnerships. The athletic apparel brand will launch in Greece, Austria, Poland, Hungary, and Romania through a partnership with Arion Retail Group, as well as in India through Tata CLiQ.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
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.
Athens-based architecture firm Bobotis+Bobotis Architects has officially entered the Romanian market, marking a step in its international growth strategy.
Romania's hospitality industry recorded a 19% increase in turnover in the first half of 2025, the third largest advance in the European Union after Greece (35%) and Hungary (22%), according to Eurostat data cited by Colliers. Rising room rates have pushed local pricing into line with established CEE markets such as Poland and the Czech Republic, even though the number of overnight stays in hotels almost stagnated, with an increase of less than 4%.
Three out of four Romanians traveling abroad this summer have chosen Greece, Bulgaria, Turkey, or Italy as their destination, finds a recent CEC Bank survey.
Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
Eurostat data shows that 18 member states recorded surpluses, eight recorded deficits and one member state had its current account in balance in Q4 2024.
Lesbos, Skiathos (Greece) and Ischia (Italy) are among the most sought-after summer holiday destinations by those who want a holiday as a couple, with friends or with family
eMAG Group announces investments of €300 million for the next fiscal year and accelerates online commerce development through AI.
Romanian mobility solutions provider Autonom Services has signed an agreement with a syndicate of underwriters for a potential corporate bond offering in the Q2 2026.
MedLife Group has implemented an advanced integrated robotic neurosurgery system at MedLife Polisano Hospital in Sibiu, following an investment of over €2 million.
IT Genetics, a Romanian provider of integrated professional IT solutions, began trading today on the AeRO market of the BVB under the ticker symbol ITG.
TotalSoft, a global provider of software solutions for business operations management, is expanding its presence in the Republic of Moldova through a partnership with local company NetSafe.