Category: News

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 […]

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 […]

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 […]

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 […]

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 […]

One United Properties (BVB: ONE) has acquired a 14,295 square meter land plot near Lake Tei in Bucharest for a future mixed-use project, One Academy Club. The transaction is valued at €11.4 million and was settled through compensation with future residential and commercial units to be developed on the site. The new development will comprise […]

ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank, and Raiffeisen Bank International (RBI) have formed a consortium to launch a regulated euro stablecoin by the second half of 2026. The digital payment instrument will be based on blockchain technology and aims to become a trusted European standard in the digital economy. The stablecoin […]

The Swiss–Romanian Chamber of Commerce (CCE-R) held a conference in Bucharest focused on the future of Romanian tourism, bringing together hospitality industry leaders and members of the Swiss–Romanian business community. The event stressed the need for a coherent national brand identity for Romania as a tourist destination, inspired by the Swiss success model. H.E. Massimo […]

IULIUS has initiated the most extensive private bioremediation process in Europe, investing over €29 million to rehabilitate a 38-hectare contaminated industrial site in central Constanța. This initiative marks a significant step in the company’s broader €800 million urban regeneration project, which aims to transform the former Oil Terminal platform into a modern mixed-use urban district. […]

Kaufland România has announced a new procurement strategy aimed at simplifying the listing process for local and regional producers, providing them with more direct access to store shelves and reducing bureaucratic hurdles. The retailer is introducing a dedicated team of buyers responsible exclusively for local and regional assortments. These buyers will work closely with producers […]