Speedwell and Strabag have signed a construction contract for the development of Queens District, a mixed-use project in northern Bucharest. Strabag will serve as general contractor for the office and residential buildings and will relocate its Bucharest HQ to the project under a long-term lease agreement.
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.
SAT Reabilitare Reciclare, a subsidiary of construction group Strabag, inaugurated Romania's largest and most technologically advanced bitumen emulsion production facility.
Strabag Romania in collaboration with the Satu Mare Municipality Town Hall announced the official handover of the new cable-stayed Transilvania Bridge.
The Romanian unit of Strabag has been selected as generator contractor for the construction of a new office building for PPF Real Estate in Bucharest.
Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.
Hidroelectrica signed a €188.5 million contract for the refurbishment of Râul Mare Retezat Hydropower Plant. The project aims to modernize and improve the efficiency of the company's generation capacities.
Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.
Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.