Category: News

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 […]

Cloud9, part of Alfa Group’s real estate division, is allocating €3 million to build a modern school inside the Cloud9 Evolution residential complex in northern Bucharest. The new educational facility is scheduled to open in the 2026–2027 school year and will serve both residents of Cloud9’s projects and the wider community. The school will include […]

Starting in January 2025, Cluj International Airport has begun fueling aircraft with sustainable aviation fuel (SAF) supplied by OMV Petrom, marking a significant step toward reducing carbon emissions in air transport. With 3.3 million passengers in 2024, Cluj International is Romania’s largest regional airport and the country’s second busiest after Otopeni. The introduction of SAF […]