This year, the company will construct 140 single-family houses and expects to generate revenues exceeding €14 million.
Altex Romania retailer has purchased DIY network Brico Dépôt Romania from Kingfisher in a deal worth €70 million. The closing is expected to take place in H1 2025.
With 14 startups funded, over 100 women engaged, and a commitment to transformative innovation, WIT Angels Club solidifies its role in bridging the gender wealth gap.
On a monthly basis, Sphera restaurants in Romania serve over 4 million consumers.
The distribution network was upgraded by replacing about 8.8 km of cables and more than 1,800 switchboards.
The company continues to heavily invest in research and development, focusing on the Nemesis AI platform.
The total volume of investments from six CEE countries reached €5 billion in the first three quarters of 2024, and next year the regional real estate investment market could exceed €10 billion, according to a Colliers report.
FieldOS was founded in 2021 by Cristian Dragomir and Ion Gavrilescu and serves as a digital one-stop shop for managing field employees and their resources.
Sanprod's client portfolio includes major players in the construction of warehouses, logistics centers, factories, malls, DIY stores, and residential buildings.
Praktiker Real Estate, the property company owned by Turkish investor Omer Susli, has purchased the Muntenia Business Center offices, in central Bucharest, from Longshield Investment Group for €8 million.
The lack of real digitization and transparent communication from state institutions throughout 2024 only demotivated taxpayers to invest their financial resources.
In May, Hesburger entered the Romanian market with its first restaurant in Râmnicu Vâlcea.
The works will consist of the construction of two new medium voltage lines that will have a length of 13.5 km.
Property group NEPI Rockcastle has purchased a photovoltaic project in Arad County, Western Romania and plans to start its construction in early 2025.
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
The company plans to build 4 new renewable energy plants and opens office in Bucharest.
The Group's management updates the Strategic Plan targets for the period 2025-2027.
The company also announces Daniel Vaum's promotion to manager of the purchasing department as part of its strategy to optimize internal processes.
Agrifood company DN Agrar Group has officially signed development and supply contracts with BSOG Energy, owned by Black Sea Oil & Gas.
OMV Petrom recorded a hydrocarbon production of 102,200 barrels of oil equivalent (boe) per day in Q2 2025.
Power company Electrica has successfully priced its inaugural €500 million green bonds, with a five-year maturity, at a competitive 4.566% yield.
The National Bank of Romania (BNR) is maintaining the key interest rate at 6.50% per annum, following a decision of the Board of Directors.
KC Agro is significantly expanding its agricultural capabilities with two strategic new developments in Timiș County, Romania.