Romania Sotheby's International Realty has listed a former hunting lodge built for Nicolae Ceaușescu in 1985 for €995,000. The property, now known as Hadar Chalet, is located in Gura Siriului, Buzău county, approximately one hour from Brașov.
Beer producer Ursus Breweries, part of Asahi Europe & International, has named Dan Timotin as its new Managing Director for Romania.
With the expansion of the processing lines, the company's total recycling capacity has increased to 140,000 tons per year.
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.
Intesa Sanpaolo Bank Romania has appointed Anca Petcu as Chief Operations and Transformation Officer and Deputy CEO, following approval from the National Bank of Romania.
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
Romania is set to host additional US military assets following a high-level Supreme Council of National Defence (CSAT) decision.
Romania's pharmaceutical sector demonstrates resilience despite fiscal consolidation and slowing economic growth, according to Allianz Trade's latest analysis.