Tag: Romania (1440 articles)

Real estate   |   20 November, 2024 at 3:40 PM

Bucharest-Ilfov sees fewer homes delivered in 2024

Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.

Real estate   |   12 November, 2024 at 9:50 AM

Evo Properties mixed-use project in Bucharest to host 4-star hotel

Evo Properties, the owner of London & Oslo office buildings in Western Bucharest, has reached a 50% lease rate this year and aims to reach an occupancy rate of 85% by the end of 2025. At the same time, it continues to transform the project into a mixed-use hub that will include a premium hotel.

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Premier Energy secures €825 million to buy Evryo Group
Energy

Premier Energy secures €825 million to buy Evryo Group

Premier Energy has signed an up to €825 million Bridge Facility Agreement with J.P. Morgan and UniCredit to fund the acquisition of the Evryo Group, including its electricity distribution subsidiary, Distributie Energie Oltenia, as well as to refinance approximately €100 million of current indebtedness.

Real estate

Concelex eyes 70% revenue growth in 2026

Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.

Energy

Hagag Energy names new gas division COO

Hagag Energy, the energy investment platform of international investor Hagag Europe, has appointed Pavel Ciubotaru as Chief Operating Officer (COO) of its Natural Gas Division.

Economy

Romania ranks 11th in Europe by number of FDI projects, says EY

Romania recorded strong performance in 2025 in attracting foreign direct investment (FDI), in contrast with the general trend in Europe, where the number of projects fell and job creation slowed. According to the Attractiveness Survey Romania 2026, conducted by EY Romania is consolidating its role in the region, but investors are becoming more cautious about future decisions.