Energy | 9 April, 2025 at 2:02 PM
Verbund buys wind farm in Romania
Verbund Wind Power Romania, part of Austrian energy group Verbund, has acquired a fully developed wind project from local renewable energy producer Monsson.
Verbund Wind Power Romania, part of Austrian energy group Verbund, has acquired a fully developed wind project from local renewable energy producer Monsson.
Romanian developer Redport is teaming up with local businessman Dan Șucu, the Founder and Shareholder of Mobexpert Group, for a new residential development worth €50 million in Bucharest.
Diehl Aviation, the German system supplier of aircraft system and cabin solutions, is set to broaden its global footprint by establishing a new production site in Romania.
The European Bank for Reconstruction and Development (EBRD) has signed a synthetic securitisation deal with UniCredit Bank.
President Donald Trump announced new import tariffs on all goods entering the US effective as of April 2, hitting equities, long term yields and CEE-based currencies. In response to these global tariffs, growth forecasts for 2025 and 2026 are being revised in the CEE, according to a report by Erste Group.
CEC Bank Financial Group recorded a net profit of RON 687.9 million (€138 million), with the bank itself recording a net profit of RON 668.2 million (€134 million).
The European Bank for Reconstruction and Development (EBRD) is providing a regional loan of up to €120 million to AFI Europe to support its development pipeline in Serbia, Poland, Romania, and Czechia.
The National Bank of Romania (BNR) decided on Monday to maintain the key interest rate at 6.5%, while warning that the inflation rate could pick up in Q2 2025 and the labor market remain unfazed.
Global IT service provider Sigma Software Group has announced the opening of its first engineering hub in Romania, marking a significant expansion of its European presence.
Every index of the Bucharest Stock Exchange recorded a decline at the beginning of the trading day on Monday.
Romanian developer Ima Residence, controlled by local entrepreneur Claudiu Diaconu, is launching a new boutique project in Pipera, northern Bucharest, backed by a €15 million euro investment.
The IFC, part of the World Bank, is facilitating a financing package worth the equivalent of $42 million for Agricover Credit IFN.
Eurostat data shows that 18 member states recorded surpluses, eight recorded deficits and one member state had its current account in balance in Q4 2024.
Skanska has finalised an agreement to sell the first phase of its Equilibrium office complex in Bucharest to the Gordiusz Private Equity Fund, managed by Gránit Asset Management, for €52 million.
E-commerce companies are now among the top 5 occupiers of logistics spaces in Romania, utilising approximately 1 million sqm of industrial and logistics facilities, finds a report by Cushman & Wakefield Echinox.
Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers.
As US President Donald Trump has announced a 20% tariff on products imported from the EU, Romanian PM Marcel Ciolacu said the government will launch support schemes.
Speedwell Development has announced the appointment of Yannick Van de Parre as Country Manager for Romania.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
The European Investment Bank (EIB) has allocated €50 million for the upgrading of key rail border crossing points in Ukraine.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.