Novarion Hubix EF TLH, the project company set up to develop phases E and F of The Lake Home in Sibiu, has secured €9.5 million in financing from UniCredit Bank. The funds will support the construction of blocks E and F within the mixed-use residential development on the shores of Lake Binder. The project is being developed in partnership by Novarion, acting as capital partner and Development Manager, and Hubix, serving as equity partner and Investment Manager. Construction will be carried out by Novarion DMX Construction, a Sibiu-based general contractor with over 11 years of experience.
Didier Balcaen, CEO of SPEEDWELL Development, talked to Property Forum about the company's €2 billion Romanian portfolio and the transition toward "quiet luxury" in residential. He highlighted that selective financing now rewards future-proof projects with measurable energy performance.
Speedwell has signed a €21.5 million financing agreement with Intesa Sanpaolo Bank Romania for the residential component of Queens District, its mixed-use development in northern Bucharest.
Romanian developer Astorium Construct Investment has secured a €7.5 million financing facility from tbi bank to support the second phase of the Astorium Life residential project in Bucharest.
The EBRD has announced it will provide a €175 million loan to Greek utility group PPC to support renewable energy projects across Bulgaria, Greece and Romania.
E.ON has successfully issued two tranches of green bonds worth €1.3 billion, bringing its total funding since the beginning of the year to €4.3 billion.
Romania is launching its most ambitious industrial policy package in recent years, featuring nine state aid schemes with an estimated budget of €5 billion by 2032,
Real estate developer RRG Real Estate Group has signed a €7.8 million financing agreement with tbi bank to complete the first stage of the Lakeside11 residential complex in northern Bucharest.
Concordia Partners has secured €14.5 million financing from Garanti BBVA to complete The Concord residential project in Bucharest. The development, located in norhern Bucharest, is being developed in partnership with lawyer Gheorghe Mușat.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
CEC Bank has provided €36 million financing to Veranda Obor, owner of Veranda Mall shopping centre. The facility will refinance existing exposure, support development plans and enable capital distributions to shareholders.
Romanian startups raised €103 million in 2025 across 40 transactions, according to a new report by How to Web. The total investment volume is approximately 20% lower than in 2024, showing a recalibration in investment activity within the local ecosystem.
BCR and EBRD are financing NewCold for the development of Romania's first large-scale, fully automated, and digitally integrated cold storage facility.
The European Bank for Reconstruction and Development (EBRD) invested a record €955 million in 37 projects in Romania in 2025, up from €707 million for 44 projects the previous year.
Agricover Credit IFN has signed a €12 million financing agreement with the Black Sea Trade and Development Bank (BSTDB), with funds designated for Romania's agricultural sector.
Romanian state-owned gas company Romgaz has signed an addendum extending the financing contract for its combined cycle power plant project in Iernut until June 2027.
Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.
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.
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.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
