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.
Holcim Romania has announced an investment of over €5 million in its Turda factory to launch a new production line.
Holcim Romania has made an investment of over €700,000 in its Stăncești aggregate plant.
Romanian engineering group Simtel Team has commissioned its photovoltaic park in Giurgiu, Romania's largest solar park built on degraded land. The facility has an installed capacity of 52 MWp and an estimated annual production of approximately 73 GWh.
Almost 60% of companies in Romania plan to expand their use of flexible spaces over the next two years to support hybrid working strategies.
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.