River Development becomes SEMA Real Estate
The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars.
The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars.
The local real estate developer and investor River Development announces the appointment of Ana-Maria Pascu to the position of Leasing Manager, starting September 2024.
Infinity Cloud Technologies debuts its expansion in Europe, not only in Romania, with this new rented space, increased power capacity and network options.

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).