Energy
OMV Petrom invests €20 million in Petrobrazi refinery upgrade
Oil major OMV Petrom has completed a €20 million investment at the Petrobrazi refinery to modernise wastewater treatment systems.
In a video interview recorded at CEE Property Forum 2025 in Vienna, Victor Constantinescu, Co-Head of Real Estate at Kinstellar, shares how investors are approaching 2026, why flexibility is becoming essential and how geopolitics is increasingly influencing capital allocation across CEE.
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Oil major OMV Petrom has completed a €20 million investment at the Petrobrazi refinery to modernise wastewater treatment systems.
Romanian agricultural solutions company Norofert has signed a commercial contract worth RON 2.1 million (€420,000) with a seed producer and multiplier in Wisconsin, US.
Romania's headline inflation rose to 9.6% in January 2026, a figure slightly exceeding market expectations due to a significant surge in utility costs.
The European Investment Bank (EIB) is committing €34 million for solar power expansion in Romania.
Uber Eats will launch in Romania later this year as part of Uber's expansion across Europe.