Tag: Romania (1172 articles)

Real estate | 17 December, 2025 at 8:00 AM

What the surge in technical services demand means for property investments in 2026

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.

Real estate | 17 December, 2025 at 7:05 AM

ELI Parks expands industrial project in Iași

Local developer ELI Parks has announced the launch of the second phase of the ELI Park Iași project, adding another 20,000 sqm of industrial and logistics spaces to the existing 20,000 sqm.

Real estate | 16 December, 2025 at 7:38 PM

RC2, Antares Management sell 4-star hotel in Mamaia

Cushman & Wakefield Echinox has completed the sale of the Zenith Conference & Spa hotel in Mamaia to the owners of Steaua de Mare Hotels & Resorts from Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares Management, owned by Dumitru Becșenescu.

Energy | 16 December, 2025 at 3:39 PM

Socar opens 88th petrol station in Romania

Socar Petroleum has opened its first petrol station in Baia Mare, bringing its total network to 88 stations across 30 counties in Romania.

Real estate | 16 December, 2025 at 3:01 PM

CEE property markets set for growth in 2026 amid supply gaps and modernization

Colliers has published a new report focusing on CEE, examining economic and real estate trends across Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia. The study shows that 2025 brought moderate economic recovery, easing inflation and rising focus on sustainability, while real estate markets were shaped by modernization, limited new office supply, strong logistics demand and retail park expansion.

Agriculture | 16 December, 2025 at 2:05 PM

DN Agrar doubles compost capacity with €1.7 million facility

DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has started operations at its second automated manure composting facility at the Lacto Agrar farm.

Energy | 16 December, 2025 at 12:56 PM

Franck Bagouet named new Managing Director of TotalEnergies Romania

TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.

Real estate | 16 December, 2025 at 11:32 AM

Hubix invests €20 million in resi project near Bucharest

Hubix, a Romanian real estate management and investment company, announces a €20 million investment in the development of the Abito Pipera residential project, a mixed-use complex designed for modern urban living and community.

Economy | 16 December, 2025 at 10:47 AM

Romania attracts regional capital but fails to expand abroad, says analysis

Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.

Agriculture | 15 December, 2025 at 5:29 PM

EIB backs Romanian farmers with €25 million loan

Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.

Energy | 15 December, 2025 at 3:15 PM

Econergy secures €40.5 million financing for solar project in Oradea

Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.

Energy | 15 December, 2025 at 11:41 AM

OMV Petrom prepares exploration drilling in Bulgarian Black Sea block

Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.

Energy | 15 December, 2025 at 6:00 AM

Nova Power & Gas opens Romania's largest battery storage facility

Nova Power & Gas, part of the E-INFRA group, has announced the commercial operation of Romania's largest battery energy storage facility, with a capacity of 200 MW and 400 MWh, located in Florești, Cluj County.

Finance | 12 December, 2025 at 6:55 PM

Study reveals 8 in 10 young Romanians shop more during holidays

As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.

Finance | 12 December, 2025 at 5:50 PM

Analysis: Romania tops EU tax collection failures, loses third of VAT

Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.

Finance | 12 December, 2025 at 12:38 PM

Romania allocates €95 million from recovery fund to five equity funds

The Investment Committee designated by the Romanian Government for the Recovery Equity Fund has approved financing for five new investment funds in Q4 2025, announced the Ministry of Investments and European Projects (MIPE).

Economy | 12 December, 2025 at 11:13 AM

Romania's inflation rate stagnates at 9.8% in November

Romania's annual inflation rate remained unchanged at 9.8% in November.

Industry | 11 December, 2025 at 8:17 PM

ABB opens new customer experience center in Bucharest

ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.

Energy | 11 December, 2025 at 4:36 PM

Over €1.5 billion in grants ready for green investments in Romania starting 2026

Companies and local authorities will have over €1.5 billion in grants available for investment in energy and energy efficiency at the beginning of next year.

Industry | 11 December, 2025 at 1:57 PM

Romanian companies fall behind on AI usage, says Eurostat

EU enterprises are rapidly adopting artificial intelligence technologies, with 20% of companies with 10 or more employees now using AI to conduct business in 2025, according to Eurostat.

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Finance

World Bank approves €544 million loan to boost Romania's economy

The World Bank's Board of Executive Directors has approved a €544 million Development Policy Loan to support Romania's efforts to restore fiscal sustainability, enable private sector-led growth and foster job creation.

Finance

Romania launches €188 million fund for critical technologies

Romania's Ministry of Investments and European Projects (MIPE) and the Investment and Development Bank (BID) signed a financing agreement on 30 March 2026 for the Just Transition Participation Fund (FPTJ).

Energy

Etem Gestamp signs VPPA with Rezolv Energy in cross-border deal

Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.

Industry

Hanwha Aerospace Romania unveils €1.3 billion defence package

Hanwha Aerospace Romania has presented an industrial package worth €1.3 billion aimed at strengthening Romania's defence capabilities and positioning the country as a production and innovation centre in the European defence industry.

Real estate

BT finances Hampton by Hilton Venice hotel with €50 million

Banca Transilvania, Romania's banking leader, has completed its largest cross-border financing to date with a €50 million loan for Hampton by Hilton Venice Isola Nuova. The loan, provided through BT Italia branch, refinances the hotel's development costs.

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Economy

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Average net salary in Romania gains 7.6% by May 2025

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Energy price caps in Romania to end after more than 4 years

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Romanian households brace for higher energy prices once caps end

Economy

11 months ago

IMF downgrades growth forecast for Romanian economy

Real estate

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Mortgage rates in Romania on growth trend in H2 2025