Real estate | 11 September, 2024 at 10:16 AM
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.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.