Romania signs second €500 million EIB loan for Sibiu-Pitești highway
Romania's Finance Minister Alexandru Nazare has signed a second €500 million financing contract with the European Investment Bank (EIB) for the Sibiu-Pitești highway project.
Romania's Finance Minister Alexandru Nazare has signed a second €500 million financing contract with the European Investment Bank (EIB) for the Sibiu-Pitești highway project.
Private healthcare provider MedLife has expanded its national presence with the inauguration of a multidisciplinary clinic in Pitești, of around €3.1 million.
Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.
Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.
Kaufland has opened its fourth store in Pitești, expanding its national presence and reaching a network of 193 hypermarkets
Industrial developer CTP will build a 9,500 sqm custom-built production facility for DEHN within CTPark Pitești, a strategic industrial hub in Southern Romania.

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).