EIB backs 400MW wind farm in Romania
The European Investment Bank (EIB) is committing up to €30 million to co-finance a major onshore wind farm project in the eastern part of the country, near the Black Sea coast.
The European Investment Bank (EIB) is committing up to €30 million to co-finance a major onshore wind farm project in the eastern part of the country, near the Black Sea coast.
Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.
Romanian developer Iulius has comissioned UK-based Foster + Partners architecture studio to work on two projects in Romania.
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Bucharest's short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
Since 2020, Constanța County has reported an annual collection of over 300,000 tons of waste, while by next year, the amount could exceed 340,000 tons.
Carrefour's hypermarkets offer the widest range of items across the entire network of stores in the retailer's portfolio, with more than 43,000 food and non-food products.
Investments mark 20 years of DP World in Romania, with the business predicting it will become an increasingly important hub for European trade.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,