Industry

World Class Romania appoints new CEO

World Class Romania, part of Vectr Holdings, has appointed Matei Filipidescu as CEO. He is replacing Kent Orrgren, who concluded his term as CEO after nine years.

LATEST NEWS
Energy

Helleniq Energy launches first Romanian solar parks

Helleniq Energy has completed two photovoltaic parks in southern Romania with a combined capacity of 58 MW, marking the company's first operational renewable energy assets in the country. The projects are part of a 2023 agreement with Metlen for developing four solar projects totalling 211 MW.

Energy

Simtel Team appoints new CEO

Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.

Industry

Romania's public administration seeks shared service centres

The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.

America House Bucharest maintains Breeam Outstanding rating

America House, the office building located at Victoriei Square in Bucharest's CBD, has reconfirmed its Breeam International In-Use Outstanding rating, maintaining its position among the top sustainable office buildings in Romania.

Bucharest apartment sales drop 18.6% in early 2026

The residential market in Bucharest started 2026 with an 18.6% decline in apartment transactions in January-February compared to the same period last year, while in Ilfov County the decline was 10.9%, according to an analysis by Crosspoint Real Estate,

Real estate

Romania's housing completions dip 3.1% in 2025

Romania's residential construction sector recorded a 3.1% contraction in 2025 compared to the previous year. The total number of completed dwellings reached 59,062, marking a decrease of 1,916 units from the 60,978 reported in 2024, according to provisional data provided by the National Institute of Statistics (INS).

Real estate

AFI Arad achieves LEED Gold for all four retail buildings

AFI Romania has announced that all four buildings within the AFI Arad retail park have achieved LEED Gold certification. The certified buildings include AFI Arad Strip Mall, AFI Arad McDonald's, AFI Arad Leroy Merlin and AFI Arad Shopping Gallery.

Real estate

One United Properties enters US market with Nashville land buy

Romanian developer One United Properties has announced its Board of Directors approved a strategic framework for phased entry into the US residential real estate market, by completing its first land acquisition in the Nashville metropolitan area.

BT 2025 net profit up 16%
Finance

BT 2025 net profit up 16%

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.

One United Properties enters US market with Nashville land buy
Real estate

One United Properties enters US market with Nashville land buy

Romanian developer One United Properties has announced its Board of Directors approved a strategic framework for phased entry into the US residential real estate market, by completing its first land acquisition in the Nashville metropolitan area.