10.30.2023

German-held retailer Kaufland plans to reach the 200-hypermarket mark in Romania by 2025, from the current 171 it has at the moment, developing at a steady pace of at least 10 new stores every year, more

10.12.2023

Real estate consulting firm CBRE has appointed Marius Scuta as Head of Business Development, starting with November 1, 2023, as part of the company’s strategy to strengthen its position in the more

09.26.2023

Local startup Zitamine Nutrition, which developed an algorithm to personalize food supplements for each individual separately, has raised EUR350,000 from three investment funds in Romania – V7 more

08.10.2023

Amazon Development Center, the development center US giant Amazon in Romania, which started its activity on the local market 18 years ago, ended 2022 with a turnover worth over EUR124.6 million more

08.09.2023

Real estate development company Rock Development Holding will invest EUR70 million in the development of the first five-star hotel project in Poiana Brasov. The new luxury project will consist of a more

08.04.2023

OMV Petrom (SNP.RO), Romania’s sole oil and gas producer and the operator of the Neptun Deep project, announced in a stock market report Thursday evening the signing of a EUR1.6 billion contract more

07.31.2023

InterRo Property Development, a company owned by the Topolinski family of Canadian investors, is developing the Pajurei 3 Resident project, a 163-apartment compound set to be finalized in 2025 at the more

06.21.2023

OMV Petrom, the largest integrated energy company in South-Eastern Europe, along with its partner Romgaz, has made the Final Investment Decision for the development of the Neptun Deep project in the more

05.29.2023

Akcent Development, part of Romanian entrepreneurial group Alfa Group set up by Alin Niculae, over the last months has concluded a series of lease contracts for the office building Eminescu Offices, more

04.27.2023

Cluj-Napoca is the city where real estate developer Iulius is focusing on right now, while Constanta is considered for a future project and Bucharest, too, is on the list of development plan, but for more

04.05.2023

Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted Holcim Romania, the leading construction materials producer in Romania by turnover, with the expansion of its aggregates more

04.03.2023

Holcim Romania, Romania’s largest building materials manufacturer by turnover, is expanding its aggregates arm by acquiring Stones Business Development, a major aggregates provider in the more

04.03.2023

Amazon Development Center, the development center of US giant Amazon in Romania, with offices in Bucharest, Iasi and Timisoara, for 2022 reported net turnover worth above RON610 million (around more

03.22.2023

Footprints AI, a company established in 2017, which developed a media retail platform enabling offline retailers to find potential new customers and anticipate their spending patterns through a more

03.22.2023

The Electrica Group, through its subsidiary Distributie Energie Electrica Romania SA (DEER), has concluded a loan agreement with the European Bank for Reconstruction and Development (EBRD). more

03.14.2023

OTP Bank Romania and OTP Bank Plc have sealed a EUR57.8 million loan agreement with Exigent Property Investment for the construction of phase 5 of housing compound Exigent Plaza Residence located in more

02.21.2023

Libra Internet Bank and Oradea-based real estate developer Prima Development Group have concluded a financing agreement worth EUR16.8 million for the construction of Phase 1 of the PRIMA Vista project more

02.17.2023

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, has acquired a 44,863-sqm land plot located at more

02.17.2023

Burger King will resume expansion in Romania via a new franchisee, Rex Concepts CEE, which hired Cristian Turculet as head of operations for Romania, to do that. 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

12.13.2022

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