Romanian developer Iulius has comissioned UK-based Foster + Partners architecture studio to work on two projects in Romania.
Romanian developer Iulius has obtained the urban zoning plan (PUZ) from the local council for a new urban regeneration project in Cluj-Napoca that will have a planned investment of more than €500 million.
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
Romania's Ministry of Finance successfully raised RON 75 million (€15 million) from commercial banks on Friday.
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.