Lion's Head Investments has secured the building permit for its first logistics park in Romania. The company will invest €65 million in the industrial project located in Popești-Leordeni, near Bucharest, for which construction is slated to start in Q3 2025.
Lion's Head Investments announced its entry into the Romanian logistics market by acquiring a 15.5-ha land plot in Popești Leordeni, in the south of Bucharest.
OMV Petrom has purchased a 50% stake in the Gabare photovoltaic project in Bulgaria from Enery, set to become one of the country's largest solar installations.
The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.