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.
Gold continues to be a key safe-haven asset resulting in sustained upward pressure on prices.
The Timișoara City Hall recently approved the Zonal Urban Plan (PUZ) for a new urban regeneration project by Țiriac Imobiliare, owned by Romanian billionaire Ion Țiriac.
In addition to the IFC's contribution, the AIIB (Asian Infrastructure Investment Bank) will invest an equivalent amount, bringing the total value of the bond issue to €200 million.
Chimcomplex is the main manufacturer and supplier of vital chemicals in Eastern Europe, specializing in polyols, chloro alkali, amines and oxo-alcohols.
Western European investors have been the most active buyers of real estate assets in Romania over the past five years, making placements of €1.75 billion, according to data from Cushman & Wakefield Echinox.
Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, opens a new shopping center in the Arad region.
This acquisition marks the third transaction for Morphosis, having committed to deploy over 30% of the Fund's investable capital within the first 7 months of its first closing.
The Series A investment is led by True Ventures, a venture capital fund from Silicon Valley, with the participation of Early Game and Play Ventures.
With the €750 million investment, OMV Petrom integrates the production of sustainable fuels at Petrobrazi together with two green hydrogen units.
The INVL Private Equity Fund II has received strong backing from both existing and new investors, forming an exceptional investor base.
The project aims to reconfigure, modernize and increase the capacity of the Perișoru power line by replacing the line over a length of about 35 km.
AJ Brand, the Romanian developer of renewable energy projects, has completed the acquisition of the Gebeleizis 6.4 MW operational solar photovoltaic project from Eximprod.
Telecom company Digi Communications has converted 16,974 class A shares into class B shares to fulfill obligations under its ongoing stock option plan.
Railway and airline transport suffered major disruptions on Wednesday morning in Bucharest region due to a red code snowstorm.
Vastint Romania has signed a new leasing contract with Scor, one of the world's largest reinsurers, for its first office in Romania.
Symphopay is strengthening its position as a payment orchestration solution for retail in Romania, following implementation across more than 1,750 stores in the Profi network.