Tag: Romania (793 articles)

Energy   |   20 November, 2025 at 12:41 PM

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.

Real estate   |   19 November, 2025 at 12:46 PM

Bucharest high steet rents show 17% increase from last year

Calea Victoriei in Bucharest recorded the third-highest rent growth among 50 global markets analysed in Cushman & Wakefield's 2025 "Main Streets Across the World" report. With rents at €70 per sqm per month, representing a 17% increase from last year, Bucharest ranks 39th worldwide and 24th in Europe, level with Zagreb.

Economy   |   18 November, 2025 at 2:09 PM

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   |   18 November, 2025 at 11:04 AM

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.

Real estate   |   18 November, 2025 at 11:00 AM

LPP opens robotised e-commerce warehouse in Romania

LPP Logistics has opened an automated e-commerce warehouse near Bucharest with a surface area of 65,000 sqm. The facility's fleet of nearly 1,100 robots will enable processing of over 80,000 orders per day, strengthening LPP Group's logistics infrastructure in Southeast Europe. The centre has been operational since late October and will prepare online orders for Romania, Bulgaria, Serbia, Bosnia and Herzegovina, Greece, and Hungary.

Finance   |   17 November, 2025 at 2:35 PM

Romania's Fidelis bonds attract over €260 million in November

Romania's tenth Fidelis government bond issuance of 2025 attracted subscriptions worth over RON 1.3 billion lei (€260 million) during its seven-day offering period from November 7-14, demonstrating continued strong investor interest in this savings instrument.

Real estate   |   17 November, 2025 at 1:20 PM

Goldbach Group raises €5.3 million for retail park expansion

Goldbach Group has entered a strategic partnership with Hubix, a Romanian investment and management company, securing over €5.3 million to develop four new retail parks under the K2 brand. The partnership combines Goldbach Group's retail park development expertise with Hubix's financing structuring capabilities and private capital attraction through its established investors' community.

Real estate   |   17 November, 2025 at 10:23 AM

Hagag enters Romania's energy sector

Hagag has diversified its operations in Romania by entering the energy sector through the acquisition of BTD Distribuție și Furnizare, a Romanian company specialising in natural gas infrastructure development, distribution, and supply.

Real estate   |   17 November, 2025 at 9:05 AM

2026 will reward only the best-prepared investors

The closing panel of SEE Property Forum 2025 in Bucharest, moderated by Victor Constantinescu from Kinstellar, brought together leading local players to assess sentiment, shifting asset preferences, and the practical steps investors must take to navigate the year ahead. The panellists examined where capital is moving, what risks remain most pressing, and how legal, geopolitical, and market dynamics will shape investment decisions across Romania and CEE.

Energy   |   17 November, 2025 at 8:02 AM

PPC Group expands solar portfolio in Romania

PPC Group has strengthened its renewable energy presence in Romania with a new 130 MW photovoltaic plant in Călugăreni, located 40 km south of Bucharest, which was recently connected to the grid.

Industry   |   14 November, 2025 at 4:36 PM

Digi Communications reports 16% revenue growth on nine months

Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.

Real estate   |   14 November, 2025 at 2:47 PM

MedLife reports 20% growth in first nine months

MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.

Finance   |   14 November, 2025 at 12:42 PM

BID Romania joins €100 million fund for CEE growth companies

The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.

Real estate   |   14 November, 2025 at 11:59 AM

CTP expands industrial park in Oradea with new 10,800 sqm building

Industrial developer CTP is advancing construction work for a new 10,800 sqm building at CTPark Oradea North, continuing its expansion in western Romania. With this new project, CTP's total portfolio in Oradea exceeds 100,000 sqm of leasable space, consolidating the city's role as a regional logistics hub.

Economy   |   14 November, 2025 at 9:52 AM

Romanian economy shows signs of recovery in Q3

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.

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Energy

EBRD backs solar plants in Romania with €192 million package

The European Bank for Reconstruction and Development (EBRD) is supporting Romania's energy security by arranging a €192 million financing package for three new solar power plants of Nofar Energy, with a total installed capacity of 531 MW in south-eastern Romania.

Economy

Romania's budget deficit drops to 5.72% on 10 months

Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.