Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
Romanian developer Iulius will start this month a remodelling of its mixed-use project Palas Iași, based on a concept by architecture firm Foster + Partners.
The Romanian Ministry of Finance has announced the launch of the ninth Fidelis government bond programme for 2025, with subscriptions open from 10–17 October.
The artificial intelligence sector is rapidly reshaping the labour market in Romania, creating both opportunities and challenges for businesses and professionals.