Romanian developer Bellemonde Developement has obtained €21 million in funding from Libra Internet Bank for a residential project in Pipera, near Bucharest.
The construction of the Bellemonde project is scheduled to begin in June and will benefit from a total investment of over €40 million.
The German family-owned STIHL Group has officially inaugurated its first production site dedicated exclusively to battery technology in Oradea, Romania, representing a strategic investment of €125 million.
Agroland Group, specialized in retail, agribusiness, food production, and animal nutrition, has secured nearly €1 million in grants through the Modernization Fund to develop four photovoltaic power plants with a total installed capacity of 1.62 MW.
Froneri, one of the world's largest ice cream companies, has agreed to acquire the European ice cream business of Food Union, including the Romanian brand Alpin.
Power producer Electrica has finalized and commissioned a photovoltaic park with a capacity of 27 MW in Satu Mare county.
The net profit of Romania's major companies has seen a slight decline of 1.6% in 2024, while their debts have surged by €11 billion, reaching a total of €239 billion.