12.13.2022

Green Genius, one of the main European renewable energy developers, part of Lithuania’s Modus Group, has signed the first solar power development contract in Romania, a EUR8 million project in Ulmi, more

11.24.2022

Energy Power Holding, an Austrian-held company operating in Austria, Estonia, Slovenia and Poland, has recently completed the acquisition of six green power projects or a total of 81 MW in Romania at more

11.03.2022

Craiova can attract new investments in the automotive industry beyond the almost EUR500 million euros already announced by Ford Otosan after the takeover of the plant. more

10.25.2022

The Romanian video game development industry closed 2021 with $312 million revenue an increase of 20% on 2020, more than double the 2016 figure, an annual survey by the Romanian Video Game Developers more

09.29.2022

International Finance Corporation (IFC), a member of the World Bank Group, ramped up support for Romanian companies with a record investment of $458 million between July 2021 and June 2022 in order to more

09.27.2022

Andreea Mihai has been appointed Chief Executive Officer of real estate developer HAGAG Development Europe. more

08.23.2022

Poland’s CCC, a major player in Romania’s footwear retail by turnover, is opening an offline store for its purely online brands epantofi.ro and Modivo in Mega Mall shopping center. more

08.03.2022

Real estate developer Hagag Development Europe has received the permit needed to start consolidation and renovation works on the Stirbey Palace, a historical monument in downtown Bucharest, where more

07.21.2022

Verdino, a startup co-founded by entrepreneurs Raul Ciurtin and Eberhart Raducanu, which makes pea protein-based foods, has attracted a new funding round from its already existent shareholders. more

06.22.2022

Par baked bread and pastry company La Lorraine has a EUR70M investment project to develop its activity in several stages. more

06.21.2022

Polish-held retailer of products for children Smyk All for Kids Romania posted RON90.5 million sales in 2021, 70% higher than in 2020 and expects the trend to continue in 2022, says general manager more

06.21.2022

Romanian real estate developer Camicna Development is set to invest EUR25 million in a residential project with 51 apartments near Baneasa forest (in the north of capital Bucharest), which is due to more

06.08.2022

MOL Romania Petroleum Products, the local subsidiary of Hungary’s MOL, for 2021 reported turnover of above RON7.9 billion (EUR1.6 billion), up 42.6% from 2020, in line with ZF calculations based on more

06.07.2022

Romanian real estate developer Eden Capital Development announced that it obtained the building permit for a EUR200 million residential complex in capital Bucharest. more

06.06.2022

Most German-held companies in Romania currently have a good financial situation and continue to rate their business expectations as unchanged, but are pessimistic about the local economic development more

05.12.2022

Real estate developer Hagag Development Europe, part of Hagag Group of Israel, on Thursday announced a new upper-premium residential project in capital city Bucharest - H Primaverii 1, and the more

05.04.2022

SoftServe, a technology company and specializing in consultancy services and software development, has opened a new office in Romania’s capital city of Bucharest, as part of its strategy to expand more

04.21.2022

ICD Real Estate Development, a developer controlled by Nicusor Popescu and Daniel Chitafes, bought 17,000 square meters from IMGB platform to the end of developing a housing project. more

04.15.2022

After years of Mamaia and Navodari resorts being on the investors' list, with more than 50,000 apartments and hotel rooms built in recent years, now the focus of developers tends to shift to the more

04.14.2022

IT company Betfair Romania Development, based in the city of Cluj-Napoca, continues its growth plans on the local market, aiming to expand its team by 50% by the end of 2023 to reach the threshold of more

04.14.2022

InteRo Property Development, a company held by the Topolinski Family of Canadian investors, plans to invest EUR54 million in two residential projects in northern Bucharest. more

04.04.2022

Opus Land Development, the developer of Cosmopolis residential compound, will invest EUR30 million in 2022 in the construction of approximately 500 new homes, the extension of the existing strip mall more

03.29.2022

Prime Kapital, a real estate developer and investor active in Central and Eastern Europe, has finalized a EUR125 million green loan agreement with a group of banks through its joint venture with MAS more

03.16.2022

Over the next three years, Chief Financial Officers (CFOs) in Romania think about becoming more of a business partner to their organization, with 78% believing they will be significantly involved in more

01.25.2022

Shareholders of Romanian state-owned gas natural transmission company Transgaz (TGN.RO) approved on Tuesday (Jan 25) the conclusion of a legal consultancy contract for analyzing and negotiating the more