Banca Transilvania, Romania's banking leader, has completed its largest cross-border financing to date with a €50 million loan for Hampton by Hilton Venice Isola Nuova. The loan, provided through BT Italia branch, refinances the hotel's development costs.
Parapet, an EPC contractor in the renewable energy sector, has appointed Roxana Gureanu as CEO, as the company experiences rapid growth and international expansion.
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.
Enterprises across Europe and the Middle East have moved from AI pilots to scaled implementations, with nearly half of AI proof-of-concepts already in production.
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.
While the EU discusses applying handling fees for parcels worth less than €150 from non-EU countries, Romania and Italy have decided to implement it this year.
Romania's air passenger traffic increased by 8.2% in the first nine months of 2025 compared to the same period in 2024, rising from 19.8 million to 21.4 million passengers, according to data from the National Institute of Statistics.
Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.
Parapet, the Romanian EPC contractor specialising in renewable energy, has announced the signing of seven new contracts with Italian green energy company, Alerion.
Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.
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.
Voxa, Romania's leading audiobook and e-book streaming application, is significantly expanding its global presence with an official entry into the Latin American market.
Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report.
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
Romania exported €952 million worth of agricultural and food products to Italy, down 6.2% compared to 2022, Italy being the top destination for Romanian exports in this category.
Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.
Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.
AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.
Romanian restaurant operator City Grill Group has announced a €7 million investment in a new production facility for its ready meals range in Buftea, Ilfov County.