01.18.2023

The association made up of CCAT Solution Grup and Egis have been awarded a EUR5 million contract to provide supervision of contract for construction and rehabilitation works under the Regional Water more

01.10.2023

Romania’s finance ministry has signed three financing contracts worth over EUR260 million with the European Investment Bank (EIB) for the modernization of roads and the rehabilitation and expansion more

12.30.2022

In 2022, Romania’s finance ministry has approved financial state aid worth RON2.8 billion for 65 investment projects that will generate more than 9,500 new jobs, the ministry announced on Friday more

12.23.2022

Prima Development Group, a real estate developer of Oradea, has started works for a real estate project in northern Bucharest, set to be developed in two stages. more

12.16.2022

The state-owned National Investment Company has this year finalized more than 70 sports infrastructure projects. The investments, worth RON800 million, were in fact projects envisaging the more

12.13.2022

Beyond the increasing of uncertainty, the conflict in Ukraine did not have visible effects on the local office market, but its aftermath – particularly the higher inflation and the rising cost of more

10.10.2022

Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of EUR424 million, and the funds will go to Transelectrica (TEL.RO), more

10.05.2022

Liberty Galati is to accelerate its programs aimed at improving energy efficiency and driving its increased use of renewable energy as part of its GREENSTEEL transformation plans and CN30 vision. more

09.20.2022

EY Romania’s Strategy and Transactions team assisted Austria’s investment company Enery in acquiring the portfolio of renewable energy projects owned by Canada’s Jade Power Trust in Romania. more

07.14.2022

Paval Holding, the investment vehicle of brothers Adrian and Dragos Paval who own do-it-yourself (DIY) retailer Dedeman, has recently established the company Grunman Energy which will generate more

07.04.2022

The International Finance Corporation (IFC), the investment arm of the World Bank Group, has granted a loan of EUR85 million to Globalworth Holdings Cyprus Limited, fully owned by Globalworth Real more

06.30.2022

OMV Petrom, the largest integrated energy company in South-Eastern Europe, on Thursday (June 30) published the Sustainability Report for 2021. more

06.28.2022

The increase in construction costs will influence the delivery rate of new office space projects, with many real estate developers preferring to delay construction works to see to what extent the more

06.10.2022

The European Investment Bank (EIB) transferred almost EUR1.4 billion to Romania under the Modernization Fund scheme to finance strategic projects in the country’s energy sector, according to more

05.27.2022

Romanian home deco chain Delta Studio is readying to develop its second housing project and targets the luxury segment with 30 houses in Corbeanca, Ilfov county, in an investment put at over EUR5.6 more

05.17.2022

Only 5% of digitization projects completed, with application in the Romanian public sector, are actually used and continue to be developed and to benefit from maintenance services – as per an more

05.04.2022

Romanian businessmen Manole Gheorghe and Vasile Domente are virtually turning Moldavia into Romania’s new wind power pole. more

04.28.2022

Poland’s Scallier, one of the most dynamic investors in small and middle-sized retail parks, contracted EUR8 million funding from OTP Bank Romania for the construction of Turda-based retail project 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

04.13.2022

OX2 AB, a Swedish renewable energy company that develops, finance, and manages large-scale solar and wind projects, established an office in Romania in 2021 and is now developing a portfolio of wind more

04.08.2022

Romania’s energy ministry said the Investment Committee approved on Thursday (April 7) an amount of approximately EUR1.4 billion aimed at funding, from the Modernization Fund, significant projects more

04.01.2022

WeMat, a leading company in the commercial floors segment on the real estate market, is implementing projects covering over 200,000 square meters of flooring and 8,300 sqm of ventilated façade more

04.01.2022

Over EUR18 billion will be available for projects in Romania’s energy sector through calls for the National Recovery and Resilience Plan (PNRR) and the Modernization Fund, in line with an analysis more

03.30.2022

Tehnomir Energy, a provider of complete turnkey photovoltaic systems solutions, based in Oradea, changes its name to ENSYS, and announces plans to reach projects worth over EUR20 million and to become more

03.17.2022

Entrepreneur Omer Susli, who owns furniture and home décor retail chain Homelux, beside many other businesses in various fields, is seeking land plots on which to build own logistic spaces. more