Prime Kapital has announced the completion of construction for the third phase of the mixed-use scheme Silk District Phase 3 ahead of schedule, taking the total number of completed apartments over 1,000.
Prime Kapital has obtained the construction permit for the first phase of its new residential project in Silk District: Loom. This represents the fourth stage of the urban regeneration project in Iași, developed on the site of a former silk factory.
Prime Kapital will start in Q4 2025 the construction of a new multi-phased residential project as part of the Silk District mixed-use complex in Iași.
Prime Kapital has secured a €20 million financing facility from Garanti BBVA for the third phase (residential) of its Silk District urban regeneration project in Iași.
Prime Kapital has started the development of close to 600 apartments in Bucharest and Iași following the completion of 700 residential units in both cities.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).