Romania has elected a new president in a landmark vote, with independent and pro-European candidate Nicușor Dan defeating far-right rival George Simion with 54% of the vote. The result marks a major political shift, as neither of Romania's traditional parties advanced to the final round. In Poland, the second round of the election is to take place amidst the fiscal clarity issues.
Holcim Romania has announced an investment of over €5 million in its Turda factory to launch a new production line.
Elfi, the Romanian producer of tissue and sanitary paper products, has announced a significant €10 million investment aimed at expanding its production capacity.
Metigla, a producer of complete solutions for metal roofing and cladding, is preparing to invest €15 million in its local operations, adding to the €25 million invested over the past 25 years.
Over half of the PE funds in Romania anticipate an increase in M&A activity in 2025 compared to the previous year, according to a Roland Berger study.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
The Romanian commercial real estate market saw a total investment volume of €155.8 million, with UK-based capital accounting for 68% of these deals, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate.
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.
Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Romanian developer Iulius will start this month a remodelling of its mixed-use project Palas Iași, based on a concept by architecture firm Foster + Partners.
THR, the public company controlled by Transilvania Investments Alliance, has sold the Balada Hotel, in Saturn resort, to a Romanian buyer for €6.1 million.
A recent study has revealed that energy efficiency investments remain out of reach for many Romanian households.
KÉSZ România has inaugurated a new production factory near the city of Turda, located just 1.5 km from the A3 Transylvania highway.
The contracts involve Expro's subsea landing string, SeaCure cementing technology, tubular running services and Coretrax Advance drilling tool.
The project involves the phased construction of nine wind farms distributed across northern Botoșani County, with a timeline for completion extending to approximately 2031.
The launch of the flagship EIB Group Investment Report calls for EU market integration, simplification and investments in innovation, echoing the most recent EC initiatives.
EIB extends the scope of its Sustainability Awareness Bond to include two new social objectives: gender equality and women's economic empowerment.
Hagag Development Europe is preparing to reopen the Știrbei Palace on Calea Victoriei, in H2 2025, as a luxury department store.
Tetra Pak and Mega Image, together with partners Maspex, Tomra and Brai Cata, have expanded Europe's first pilot project for collecting carton packaging for beverages and dairy products by installing 12 additional reverse vending machines (RVMs) in Bucharest and surrounding areas.
Romanian restaurant operator City Grill Group has announced a €7 million investment in a new production facility for its ready meals range in Buftea, Ilfov County.
Rețele Electrice Romania, part of the PPC group in Romania, has completed modernisation works for the Obor Station, one of the most complex electricity distribution stations in Bucharest.
AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.
Romania continues to record the highest rate of road traffic fatalities in the European Union, according to the latest figures released by Eurostat.