Property developer Speedwell has launched Glenwood Estate, a residential compound in Corbeanca, near Bucharest, with the total investment value estimated to exceed €135 million.
Speedwell Development has announced the appointment of Yannick Van de Parre as Country Manager for Romania.
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
Speedwell has started the construction of the last building of its Triama Residence project in Bucharest.
Hidroelectrica has signed a contract for €8.7 million in non-reimbursable financing from the Modernisation Fund to implement a battery storage facility at the Porțile de Fier II hydroelectric plant.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
The Vega Ploiești Refinery, operated by Rompetrol Rafinare, has started producing hexane with a minimum purity of 60%, supporting polypropylene production and the food industry.
Romanian awareness of sustainable construction concepts reaches 86%, significantly above the European average of 69%, according to the barometer published by Saint-Gobain's Observatory for Sustainable Construction.
Romania's job market in Q1 2026 showed a significant imbalance between supply and demand, with applications on OLX Locuri de Muncă rising 10.6% to 2.62 million whilst total job postings dropped 43.1% to 41,221 compared to the same period in 2025.