Industry | 30 March, 2026 at 6:00 PM
JTI invests €300 million in new Romanian factory
JTI announced a €300 million investment to build a new factory in Ștefăneștii de Jos, Ilfov County.
JTI announced a €300 million investment to build a new factory in Ștefăneștii de Jos, Ilfov County.
Parapet, an EPC contractor in the renewable energy sector, has appointed Roxana Gureanu as CEO, as the company experiences rapid growth and international expansion.
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.
Raiffeisen Bank has reached an agreement to acquire 100% of the shares in Garanti BBVA Group Romania, including Garanti Bank and leasing unit Motoractive IFN, from subsidiaries of Banco Bilbao Vizcaya Argentaria.
Charles Montgomery, author of Happy City and ranked among the world's 100 most influential urbanists, will be the international keynote speaker at Tilia – Romanian Cities Summit on April 23-24 in Iași. This marks Montgomery's first visit to Romania.
State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.
Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.
Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.
Real estate developer RRG Real Estate Group has signed a €7.8 million financing agreement with tbi bank to complete the first stage of the Lakeside11 residential complex in northern Bucharest.
The modern office stock in Romania's main regional cities totals approximately 1.08 million sqm, with developers delivering no new projects in these markets over the past two years, according to a new report by Cushman & Wakefield Echinox.
Romania's office investment market recorded its strongest first quarter in a decade, with transactions totalling approximately €130 million, according to Colliers data. This represents more than triple the average for January-March periods over the past 10 years and signals renewed investor interest despite economic and geopolitical uncertainties.
Eight months after Romania liberalised intercounty transport, FlixBus reports over 600,000 passengers have used its national and international routes, with more than 300,000 travelling domestically between July 2025 and February 2026.
Hidroelectrica has completed the procurement procedure for seven 216 MVA, 15.75/242 kV transformers, equipment necessary for safe operation and continued modernisation of the Porțile de Fier I Hydroelectric Power Plant.
Romanian national carrier Tarom and Condor Airlines have launched a commercial codeshare partnership, expanding Bucharest's transatlantic connectivity through Frankfurt hub.
Recrutopia, a Romanian AI-powered recruitment service, has been launched by Neurony, a Romanian software company, with plans to increase revenues to €6 million this year versus last year's €2.5 million.
Iulius and Atterbury Europe have begun construction on Rivus Cluj-Napoca, Romania's largest urban reconversion real estate development.
Holcim Romania has signed a funding agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for the Carbon Hub CPT01 project, a carbon capture and storage initiative.
The Romanian residential market is currently navigating a complex boomerang effect as construction costs remain resilient despite previous forecasts of a decline, according Dr. Sebastian Sipos-Gug, analyst for Romania at Eastern European Construction Forecasting Association (EECFA).
Olympus Foods România has begun construction of a new warehouse at its Brașov Dairy Factory, with an investment of €7.5 million.
Affidea Romania continues its expansion plan in integrated medical services and announces the acquisition of five centres: Phoenix clinics in Bucharest, Arad, Sf. Gheorghe, Sighetu Marmaţiei and GMH Clinic in the capital. The Affidea network now reaches 81 clinics in 33 cities.
Rețele Electrice România, the electricity distribution operator and part of the PPC group in Romania, invested approximately RON 1.4 billion (€280 million) in 2025 in modernisation and digitalisation projects across its distribution networks.
The Romanian Government has officially approved an emergency ordinance aimed at providing relief for the energy market through a temporary reduction in diesel excise duties.
Purcari Wineries has announced that its Romanian subsidiary Crama Ceptura has signed an agreement to acquire 100% of the share capital of CaraprodVin, a wine producer located in Vârstecoiu Commune, Vrancea County.
Auchan Romania is consolidating its transition to green energy, accelerating the integration of renewable sources in its operations.
Vastint Romania has partnered with Digi Group for the sixth edition of its blood donation campaign, taking place for the first time at Timpuri Noi Square on 6 April 2026.