Romanian developer Hils Development has announced the launch of Hils Nord, the seventh project in the company's portfolio with a total investment value of €200 million. The new development marks Hils Development's expansion from eastern Bucharest towards the northern area and continues the strategic direction of portfolio diversification through middle premium developments.
Hils Development, the real estate company led by entrepreneur Ionuț Negoiță, is set to deliver the first phase of its mixed-use scheme Hils Republica in June.
Hils Development, the real estate group owned by Romanian entrepreneur Ionuț Negoiță, has purchased two land plots spanning 12 ha in western Bucharest.
Through the new partnership, HILS Development is supporting one of Romania's most beloved sports and helping to build the success of a legendary team, Dinamo 1948.
Premier Energy has signed an agreement to acquire Distribuție Energie Oltenia (DEO) from funds managed by Macquarie Asset Management for approximately €700 million.
Romania's domestic energy production fell 2.1% in the first two months of 2026 compared to the same period last year, according to the National Institute of Statistics (INS).
Grup Șerban Holding announced that its subsidiary Interagroaliment has filed for insolvency proceedings on April 15, 2026, due to financial difficulties.
The EU employment rate reached over 76% in 2025, but Romania remains among member states with the lowest employment rates, according to data published by Eurostat on Friday.
The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.