Romanian law firm PeliPartners has assisted Immofinanz in the sale of myhive Victoriei to AFI Europe, in a deal worth an estimated €27 million.
Known as the first modern office building in Bucharest, myhive Victoriei was acquired by Immofinanz AG in 2021, with PeliPartners also acting as legal advisor for the buyer.
AFI Europe has purchased the myhive Victoriei building in central Bucharest from Immofinanz for around €27 million. The new owner plans to turn the existing office building into a mixed-use project, with the conversion permit already secured.
Electrica has signed a memorandum of understanding with steel maker Liberty Galați for the joint development of renewable energy production and storage capacities of up to 500MW.
Romania recorded the highest annual inflation rate in the European Union in January 2026, reaching 8.5%, according to data published today by Eurostat.
The Romanian government has approved an emergency ordinance establishing measures for economic revival.
The European Commission will launch the EastInvest Facility, a new financing platform designed to support EU regions bordering Russia, Belarus and Ukraine. The initiative aims to provide easier access to lending for Member States most affected by Russia's war against Ukraine.
In 2024, the value added from the European Union's agricultural industry accounted for 1.2% of GDP, a 0.1 percentage point (pp) increase compared to 2009.