OMV Petrom acquires 50% stake in 400 MW solar project in Bulgaria
OMV Petrom has completed the acquisition of a 50% stake in the Gabare photovoltaic project in Bulgaria, which has an estimated capacity of 400 MW. Announced in June 2025, the transaction marks a strategic step in the company’s regional expansion and reinforces its renewable energy portfolio. Located in the Byala Slatina region, Gabare is expected […]
CEC Bank reports net assets of RON 99.4 billion and net profit of RON 304 million in H1 2025
CEC Bank ended the first half of 2025 with net assets of RON 99.42 billion, a 7% increase compared to the same period last year. The bank’s net profit reached RON 304.1 million, up 12.8% year-on-year, while group-level profit stood at RON 306.2 million, marking a 9.4% increase. In the first six months, the bank […]
Resource Partners acquires 82.5% of iaBilet and takes a stake in BestMusic
Investment fund Resource Partners has acquired 82.5% of ticketing platform iaBilet and 55% of BestMusic Concerts, a promoter with over 3,000 events, marking a strategic entry into Romania’s growing digital entertainment sector. The transaction highlights the fund’s interest in live events and ticketing services. The investment supports the next phase of development for iaBilet, which […]
MedLife invests EUR 3.1 million in new multidisciplinary clinic in Pitești
MedLife has opened the largest multidisciplinary clinic in Argeș County, following an investment of EUR 3.1 million. The new hyperclinic covers 1,500 square metres and offers integrated services including consultations, diagnostics, imaging, and day hospitalization. The facility includes 21 consultation rooms, 13 day-hospital beds, and an in-house medical analysis laboratory. Imaging services include MRI, CT, […]
E.ON delivers 400 photovoltaic power plants to Romanian companies, exceeding EUR 75 million in project value
E.ON Energie România has reached the milestone of 400 photovoltaic power plants delivered to business clients across the country, with a total investment exceeding EUR 75 million. The turnkey systems were installed on a total surface of over 374,000 square metres. The 187,000 solar modules installed generate approximately 105 GWh of electricity annually, equivalent to […]
Global Transport Industry: Between Geopolitical Pressure and the Sustainability Race
Transport – essential for international trade, everyday mobility, and the functioning of modern economies – is undergoing a period of profound transformation. Under the impact of geopolitical tensions, increasingly strict environmental regulations, and technological disruption, the sector is being forced to reinvent itself. The latest Allianz Trade analysis classifies the global transport industry as having […]
Romanian game development industry exceeds EUR 343 million in 2024
In 2024, Romania’s video game development industry recorded a turnover of EUR 343.16 million, marking an 8% increase compared to 2023, according to a report by RGDA and Banca Transilvania. This growth reflects the sector’s stability and resilience in a complex global environment. Romania is home to 206 active studios, with most based in Bucharest […]
HORNBACH invests over EUR 44 million in second store in Timișoara
German DIY retailer HORNBACH will open its second store in Timișoara on October 1, 2025, following a total investment of over EUR 44 million. Located at 152 Calea Buziașului, the new location is part of the company’s expansion strategy in Romania. The store covers over 19,000 square meters, split into three key areas: 8,200 m² […]
BuildGreen secures Moldova’s first LEED Platinum certification for Zity Office project
Zity Office has become the first business center in the Republic of Moldova to obtain the LEED v4.1 Existing Buildings – Platinum level certification, marking a major milestone for the local office market. The certification was achieved with the support of sustainability consultancy BuildGreen, while the project was developed by Zorile S.A. With a total […]
E.ON Romania invested RON 257 million in digitalisation and grid modernisation in 2024
E.ON Group has recently published its 2024 Sustainability Report, highlighting total investments of RON 257 million in the digitalisation and modernisation of Romania’s energy infrastructure. The company accelerated the automation of distribution networks and expanded digital platforms for customers, resulting in a significant increase in online interactions and operational safety. In 2024, E.ON Romania allocated […]