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.

Economy

Romania retail sales plunge 9.1% in January 2026

Romania's retail sales volume (excluding automotive and motorcycle trade) dropped 9.1% year-on-year in January 2026 in gross terms, and 6.5% when adjusted for working days and seasonality, according to data released by the National Institute of Statistics (INS).

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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.

Romanias 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).

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.

Real estate

CEE property investment climbs 24% above 5-year average in 2025

Commercial property investment in CEE rebounded strongly in 2025, with a combined volume of €11.3 billion across Czech Republic, Poland, Hungary, Romania and Slovakia. This represents a 34% year-on-year increase and stands 24% above the five-year average, according to data by Knight Frank.

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.

EU launches €28 billion platform to support eastern border regions
Finance

EU launches €28 billion platform to support eastern border regions

The European Commission will launch the EastInvest Facility, a new financing platform designed to support EU regions bordering Russia, Belarus and Ukraine. The initiative aims to provide easier access to lending for Member States most affected by Russia's war against Ukraine.

CEE property investment climbs 24% above 5-year average in 2025
Real estate

CEE property investment climbs 24% above 5-year average in 2025

Commercial property investment in CEE rebounded strongly in 2025, with a combined volume of €11.3 billion across Czech Republic, Poland, Hungary, Romania and Slovakia. This represents a 34% year-on-year increase and stands 24% above the five-year average, according to data by Knight Frank.

German group Ireks buys land near Bucharest for HQ
Real estate

German group Ireks buys land near Bucharest for HQ

German group Ireks, a producer of baking ingredients for bread and confectionery, has acquired a 13,000 sqm land plot in Chitila, near Bucharest, in a deal brokered by Cushman & Wakefield Echinox.