Tag: Romania (755 articles)

Real estate   |   30 May, 2025 at 4:05 PM

Over 50,000 new apartments expected in Bucharest-Ilfov region

The Romanian real estate market, particularly in the Bucharest-Ilfov region, is gearing up for a significant influx of new housing units. Developers anticipate delivering approximately 32,000 new apartments in Bucharest and another 20,500 in Ilfov County by the end of 2028, according to Imobiliare.ro.

Real estate   |   27 May, 2025 at 6:31 PM

Location remains paramount for premium homebuyers in Bucharest

Location, intelligent layouts, and a robust array of amenities are the paramount criteria for buyers seeking premium homes in northern Bucharest, shows a recent qualitative study commissioned by Cloud9, part of Romanian developer Alfa Group, and conducted by Unlock.  

Real estate   |   20 May, 2025 at 1:39 PM

Iulius, Atterbury Europe secure record €400 million loan for mixed-use project in Cluj-Napoca

Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD. 

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Simtel completes Romanias largest solar park on degraded land
Energy

Simtel completes Romania's largest solar park on degraded land

Romanian engineering group Simtel Team has commissioned its photovoltaic park in Giurgiu, Romania's largest solar park built on degraded land. The facility has an installed capacity of 52 MWp and an estimated annual production of approximately 73 GWh.

Economy

Deloitte: Family businesses set for 84% revenue growth by 2030

Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.

Agriculture

CEC Bank enables refinancing of farming loans

CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.