Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
The National Bank of Romania (BNR) decided on Monday to maintain the key interest rate at 6.5%, while warning that the inflation rate could pick up in Q2 2025 and the labor market remain unfazed.
CEC Bank Financial Group recorded a net profit of RON 687.9 million (€138 million), with the bank itself recording a net profit of RON 668.2 million (€134 million).
The Romanian mergers and acquisitions (M&A) market saw 57 transactions in Q1 2025, an 8% rise compared to the same period last year.
Global IT service provider Sigma Software Group has announced the opening of its first engineering hub in Romania, marking a significant expansion of its European presence.
Green energy producer Hidroelectrica has announced that a consortium comprising Prime Batteries Technology and Enevo Group will implement a Li-ion battery storage facility at its Crucea Nord wind farm.