Tag: Iulius (11 articles)

Real estate   |   3 December, 2025 at 1:32 PM

Iulius secures €305 million refinancing for Palas Iași

Iulius has secured a €305 million syndicated loan facility to strengthen its development strategy. This represents the first unitary refinancing in Romania for a portfolio of multiple buildings with different functions within a mixed-use project - Palas Iași.

Real estate   |   23 September, 2025 at 1:44 PM

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

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Economy

Romania's trade deficit drops 2% in 2025

Romania's trade deficit decreased by €673 million to €32.7 billion in 2025, representing a 2% improvement compared to 2024, according to data published by the National Institute of Statistics (INS).

Finance

BRD reports net profit hike of 6% in 2025

BRD Groupe Société Générale reported strong commercial performance in 2025, with net loans outstanding growing 13% year-on-year to RON 56.1 billion(€11.01 billion).