Energy | 17 February, 2026 at 1:30 PM
OMV Petrom invests €20 million in Petrobrazi refinery upgrade
Oil major OMV Petrom has completed a €20 million investment at the Petrobrazi refinery to modernise wastewater treatment systems.
Oil major OMV Petrom has completed a €20 million investment at the Petrobrazi refinery to modernise wastewater treatment systems.
Romanian agricultural solutions company Norofert has signed a commercial contract worth RON 2.1 million (€420,000) with a seed producer and multiplier in Wisconsin, US.
The average selling price for new homes in Bucharest has increased by over 50% in the last five years, from €1,480 per sqm to €2,273 per sqm. During the same period, average rent rose by 45%, from €8.6 per sqm per month to €12.3, according to research by iO Partners Romania.
The European Investment Bank (EIB) is committing €34 million for solar power expansion in Romania.
Uber Eats will launch in Romania later this year as part of Uber's expansion across Europe.
Industrial developer CTP has completed a new 54,000 sqm building at CTPark Bucharest South, located in Popești-Leordeni, south of Bucharest. The first tenants have already begun operations in the new space.
The Romanian economy is entering 2026 on a fragile footing, prompting ING analysts to significantly lower their growth expectations for the year.
OMV Petrom will construct a photovoltaic park at its Petrobrazi refinery in Romania.
Residential developer Alesonor has appointed Strabag Romania as general contractor for the construction of Phase II of the Amber Forest suburb in Tunari, Ilfov County.
Bucharest's office market recorded its first year without new project deliveries in over two decades in 2025. On this backdrop, total leasing demand fell by around 25% year-on-year to approximately 250,000 sqm, while new space take-up totalled close to 90,000 sqm, according to Colliers data.
Shareholders of state-owned nuclear power producer Nuclearelectrica have approved the final investment decision for the Small Modular Reactor (SMR) project at Doicești.
Electro-Alfa International has raised approximately 580 million RON (€115 million) for around 66 million newly issued shares, equivalent to a 35% free-float, following its initial public offering (IPO) on the Bucharest Stock Exchange (BVB).
Leventer Medical Group has opened Băneasa Tumor Center Hospital at CPI Romania's myhive Victoria Park building in northern Bucharest.
Ursus Breweries has announced the appointment of Roman Trzaskalik as Managing Director, effective March 1, 2026.
Pavăl Holding, the investment vehicle of the Pavăl family and majority shareholder of Dedeman, has signed an exclusive negotiation agreement with Carrefour Group to acquire its Romanian operations. This step marks the group's expansion into a new strategic segment: food retail.
Bucharest's flexible office market has reached 74,000 sqm across 48 locations, representing over 2% of the city's modern office stock. The sector grew 8.1% year-on-year in 2025, supported by 5,600 sqm of new deliveries - a 327% increase compared to the previous year, according to an analysis by iO Partners.
Hanwha Aerospace Romania has begun construction of a factory in Petrești, Dâmbovița county, to produce K9 self-propelled howitzers and K10 ammunition resupply vehicles.
Romanian FMCG distributor Aquila has completed a 24-month digitalisation project to standardise human resources processes across its group operations.
Arobs Transilvania Software has obtained the ISO/IEC 42001 AI Management System certification, becoming the first company in Romania to complete this certification process.
Romania's mortgage market registered a new record in 2025, with loans worth €10.9 billion granted at a national level.
Oil major OMV Petrom has delivered the first electrolyser module for green hydrogen production at its Petrobrazi refinery, marking progress in the 20 MW green hydrogen project.
Restaurant technology startup Choice has secured €6.6 million in new funding and is accelerating its expansion across CEE, including Romania, where it entered in 2025.
Israeli developer Econergy Renewable Energy has secured €31 million in project financing from Kommunalkredit for its 60MW Ovidiu solar project in Romania.
Alive Energy has acquired Green Storage Farm, a battery energy storage system with 82.8 MW of installed power and 181 MWh storage capacity. The project has reached ready-to-build status and received foreign direct investment screening clearance.
Romania's Competition Council is analyzing the transaction through which Pavăl Holding, controlled by the Pavăl brothers, intends to acquire the Carrefour group in Romania.