Construction group Strabag SE has signed an agreement to fully acquire Bawi Construction, headquartered in Bucharest, in a bid to strengthen its position in the European railway infrastructure business.
Speedwell and Strabag have signed a construction contract for the development of Queens District, a mixed-use project in northern Bucharest. Strabag will serve as general contractor for the office and residential buildings and will relocate its Bucharest HQ to the project under a long-term lease agreement.
Residential developer Alesonor has appointed Strabag Romania as general contractor for the construction of Phase II of the Amber Forest suburb in Tunari, Ilfov County.
SAT Reabilitare Reciclare, a subsidiary of construction group Strabag, inaugurated Romania's largest and most technologically advanced bitumen emulsion production facility.
Strabag Romania in collaboration with the Satu Mare Municipality Town Hall announced the official handover of the new cable-stayed Transilvania Bridge.
The Romanian unit of Strabag has been selected as generator contractor for the construction of a new office building for PPF Real Estate in Bucharest.
Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.
FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.
OMV Petrom, an integrated energy producer in Southeast Europe, has made the final investment decision for Gabare, an integrated solar energy and battery storage project in Bulgaria.
Romania has reached 31 da Vinci robotic surgery programs nationwide, of which 8 are in the public healthcare system. The most recent system, installed at Fundeni Clinical Institute, marks the expansion of robotic surgery in Romanian public hospitals and the regional milestone of 100 da Vinci systems across the SOFMEDICA region: Romania, Greece, Bulgaria, Hungary, Cyprus, Croatia and Slovenia.