Property developer Homing Properties, specialising in the mid-to-high residential segment, has contracted Mantor General Contractor to begin construction on the first phase of the luxury residential project, Homing Village, located in Pipera, near Bucharest.
The non-performing loan (NPL) rate in the Romanian banking sector reached 2.81% at the end of June 2025, up from 2.53% in March 2025, also up from the 2.49% rate.
The Bacău International Airport has announced plans to build its first-ever photovoltaic park, an investment worth over RON 25 million (€5 million).
ArcelorMittal has announced the indefinite suspension of production at its steel factory, with operations set to halt from September 5.
ING Bank Romania has reported significant growth in H1 2025, with assets increasing by 11% to reach RON 79 billion (€15.8 billion) versus the same period of last year.
Luka Zivkovic has been appointed as the new GM of Bonapp, the app supporting the reduction of food waste, following its merger with Munch earlier this year.