Deloitte names new leader for its tech hub in Romania

Deloitte Technology Delivery Center announces the appointment of Emilia Dumitrescu as Managing Director, effective June 2026. She has also been promoted to Deloitte Partner and succeeds Marcus Williamson, Partner, Deloitte UK, upon the completion of his three-and-a-half-year mandate.

Energy

Romanian grid operator to support peak power consumption during heatwave

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.

Energy

CIP reaches financial close on 392 MW Romanian wind project

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), announced financial close for the 392 MW Peștera II onshore wind project in Constanța County. The project represents one of the larger investments in new renewable energy infrastructure in Romania and one of the larger project finance transactions in CEE.

Energy

OMV Petrom advances with green hydrogen project at Petrobrazi

OMV Petrom, the integrated energy producer in South-Eastern Europe, announces the delivery of the fourth and final module of the 20 MW electrolyser for green hydrogen production at the Petrobrazi refinery. The company has a capacity of 55 MW under development, through two projects: one of 20 MW and another of 35 MW.

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Energy

Hagag Energy names new gas division COO

Hagag Energy, the energy investment platform of international investor Hagag Europe, has appointed Pavel Ciubotaru as Chief Operating Officer (COO) of its Natural Gas Division.

Energy

Premier Energy secures €825 million to buy Evryo Group

Premier Energy has signed an up to €825 million Bridge Facility Agreement with J.P. Morgan and UniCredit to fund the acquisition of the Evryo Group, including its electricity distribution subsidiary, Distributie Energie Oltenia, as well as to refinance approximately €100 million of current indebtedness.

Energy

Electrica advances €27.9 million Satu Mare solar project

Electrica announces the completion of the competitive procedure for the selection of an EPC Contractor and the signing, by its wholly owned subsidiary New Trend Energy, of the contract for the Satu Mare 3 photovoltaic project.

Energy

Polytrade Global triples revenue in 2025, eyes European push

Polytrade Global, a Romanian group specialising in energy infrastructure, the supply of electrical equipment, and renewable energy projects, closed 2025 with a turnover of around €21.5 million, a 173% increase on the previous year, and a net profit of €579,000.

Energy

OMV Petrom completes €140 million investment at Petrobrazi refinery

OMV Petrom, an integrated energy producer in South-Eastern Europe, commissioned a new aromatics unit at Petrobrazi, following an investment of around €140 million. The unit has a capacity of 150,000 tons per year of toluene and benzene, improving the refinery's production mix and energy efficiency while reducing environmental impact.

Energy

NextPower rolls out solar tech for European sites

NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.

Mercure opens first hotel in Oradea, Romania

Mercure Hotels & Resorts has opened the Mercure Oradea, its first property in the city. The 90-room hotel is situated in the western part of Oradea, providing access to the historic city centre, the Oradea Arena and the city's main business districts. The project was developed with a €15 million investment under a franchise agreement with local partner Grand Hotel West, a company with a background in hospitality and restaurant services in the city. The hotel is operated by Spark Hospitality, a hotel management company active in Romania and international markets, specialising in lifestyle hotels and resorts.

SEE Property Forum Awards 2026: Nominations are now open

Property Forum is excited to announce that nominations are now open for the SEE Property Forum Awards 2026! This is your chance to showcase your or your team's outstanding projects and gain recognition among industry leaders. To nominate a project, transaction, person, or company, please fill out the nomination form. Nominations will be accepted until September 16th.

Beyond manufacturing: Whats putting North East Romania on investors radar

North East Romania has long been recognised as one of the country's manufacturing centres, but reducing the region's investment story to factories and production lines no longer tells the full picture. Over the past decade, a broader economic ecosystem has begun to emerge, one that combines advanced manufacturing with technology, research, healthcare, logistics and a rapidly evolving business services sector. It is this diversification that is increasingly attracting the attention of investors and will be one of the key themes explored at the inaugural edition of EastGate this September.

Real estate

Survey reveals Romania job security shift

A survey by Genesis Property finds that job security in Romania is increasingly tied to adaptability rather than employment stability alone. More than 60% of employees say their current role provides stability without sufficient development opportunities, or leaves them feeling stuck, while only 14% feel fully secure and confident about their career prospects. Half describe themselves as relatively secure but watching their company and market closely. The survey was conducted online in July among 1,026 internet users across Romania.

Real estate

Romania records investment rebound

Romania's real estate investment market recorded €211.1 million in transactions during the first half of 2026, a 46% decline compared with the same period in 2025, according to the Marketbeat Investment H1 2026 report by Cushman & Wakefield Echinox. However, following the completion of AFI Europe's acquisition of six retail parks from MAS Real Estate in early July, together with several smaller deals, the total volume for the first seven months of the year has already surpassed the level recorded throughout the whole of 2025.

Real estate

CTP delivers 56,000 sqm logistics hub for LPP in Bucharest

CTP has delivered a 56,000 sqm distribution centre for LPP Logistics at CTPark Bucharest West, completing the project in under a year from the signing of the lease agreement. The facility is now operational and will support LPP Group's supply chain across South-Eastern Europe, serving stores in Romania, Bulgaria and Greece, as well as the continued growth of the fashion brand Sinsay. Situated adjacent to LPP Logistics' e-commerce fulfilment centre opened in late 2025, the two buildings together form a logistics hub handling both bricks-and-mortar retail and online orders.

Real estate

Ghai Sant Ram acquires Pipera land for 650-home project

British investor Ghai Sant Ram, acting through Ghai Family Holding, has acquired a plot of approximately 30,000 sqm near Pipera Plaza in northern Bucharest from George Becali. The purchase price was approximately €14.3 million and the land was acquired together with a building permit. Ghai Sant Ram plans to develop a residential project of approximately 650 apartments on the site. The deal was brokered by CGA Home Consulting through Cătălin Apetri, the company's CEO and founder, who also serves as Romania Development Director for Ghai Family Holding.

FintechOS turns profitable over higher US sales
Finance

FintechOS turns profitable over higher US sales

FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.

Romanias €5 billion investment overhaul: what firms must know
Finance

Romania's €5 billion investment overhaul: what firms must know

Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.

TechAngels names new President
Finance

TechAngels names new President

The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.

Intesa Sanpaolo Bank Romania CEO resigns
Finance

Intesa Sanpaolo Bank Romania CEO resigns

The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).

Ghai Sant Ram acquires Pipera land for 650-home project
Real estate

Ghai Sant Ram acquires Pipera land for 650-home project

British investor Ghai Sant Ram, acting through Ghai Family Holding, has acquired a plot of approximately 30,000 sqm near Pipera Plaza in northern Bucharest from George Becali. The purchase price was approximately €14.3 million and the land was acquired together with a building permit. Ghai Sant Ram plans to develop a residential project of approximately 650 apartments on the site. The deal was brokered by CGA Home Consulting through Cătălin Apetri, the company's CEO and founder, who also serves as Romania Development Director for Ghai Family Holding.

Why North East Romania is Europes next investment frontier
Real estate

Why North East Romania is Europe's next investment frontier

For decades, Romania's investment story has largely been associated with Bucharest, Cluj-Napoca and the country's western industrial hubs. Yet as investors search for new growth opportunities across Central and Eastern Europe, attention is increasingly shifting east. This emerging trend will be at the heart of discussions during EastGate 2026, where investors, developers, business leaders and public officials will gather in Iași to examine why North East Romania is becoming one of Europe's most promising investment destinations.