SAT Reabilitare Reciclare, a subsidiary of construction group Strabag, inaugurated Romania's largest and most technologically advanced bitumen emulsion production facility.
Romania's volume of construction work increased in the first two months of the current year, with a 16.7% rise in the unadjusted series, and a 19.5% rise in the series adjusted for working days and seasonality versus 2024, according to data from the National Institute of Statistics (INS).
The National Authority for Administration and Regulation in Communications (ANCOM) has identified Digi Romania as a provider with significant market power.
In addition to the IFC's contribution, the AIIB (Asian Infrastructure Investment Bank) will invest an equivalent amount, bringing the total value of the bond issue to €200 million.
EU to co-finance installation of 1,400 charging points in 13 European countries, including 430 for heavy-duty electric trucks.
Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.
The works will consist of the construction of two new medium voltage lines that will have a length of 13.5 km.
The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund.
The retail and residential players have been the most active buyers of land during H1 2024, while speculative transactions are also gaining ground, according to Colliers Romania research.
IBB Holding has a solid reputation built over time through the high-quality services provided in the implementation of highly complex projects in infrastructure.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.