Category: News

Wolt, the Finnish-origin local commerce platform, has signed an agreement to acquire Tazz, one of Romania’s leading delivery platforms and part of the eMAG group. The transaction is expected to close within the next few months, subject to regulatory approvals and other closing conditions. This acquisition marks a strategic move for Wolt, enhancing its position […]

Intesa Sanpaolo Bank România, a subsidiary of the prominent European financial group Intesa Sanpaolo, has appointed Alessio Cioni as its new Chief Executive Officer and General Director. With the official approval of the National Bank of Romania, Cioni’s mandate began on October 8, 2024, marking a significant leadership transition for the bank. He succeeds Paolo […]

Restart Energy has successfully completed a photovoltaic power plant for Fileca Industry, valued at over €300,000. The new facility, located in Beclean, Bistrița-Năsăud County, is designed to generate significant energy savings while contributing to environmental sustainability. The project includes 852 photovoltaic panels installed across 3,500 square meters on the roof of Fileca Industry’s building. With […]

NEPI Rockcastle, a leading real estate developer and investment group in Central and Eastern Europe, has successfully issued EUR 500 million in green bonds, with legal counsel provided by Clifford Chance Badea. The issuance, which was oversubscribed by more than six times, marks NEPI Rockcastle’s return to the Eurobond market after more than two years. […]

Alfa Group has completed the acquisition of the IRIDE Business Park from CPI Group, marking a significant expansion in its real estate portfolio. The deal includes not only office spaces but also logistics facilities, essential for enhancing Alfa Group’s future operations. This acquisition strengthens the company’s presence in Bucharest’s real estate market, particularly in office […]

BASF has outlined an ambitious corporate strategy aimed at reinforcing its financial performance and commitment to sustainability. During Capital Markets Day in Ludwigshafen, Dr. Markus Kamieth, Chairman of BASF’s Board of Executive Directors, emphasized the company’s goal to become the preferred chemical partner facilitating green transformations for its customers. Dr. Dirk Elvermann, BASF’s CFO, highlighted […]

Rezolv Energy, a renewable energy developer backed by Actis, has signed a 7-year Virtual Power Purchase Agreement (VPPA) with A2A, a leading Italian group in energy, water, and environmental sectors. The deal covers the acquisition of 150 GWh per year of wind energy generated by Rezolv’s VIFOR wind farm in Buzău County, Romania. This renewable […]

Ascendis Group, one of Romania’s leading professional development training and consultancy firms, has acquired the renowned magazines Cariere and HR Manager in a transaction worth €300,000. This acquisition strengthens Ascendis’ commitment to expanding communication platforms for the HR community in Romania, Moldova, and the Romanian diaspora. Andrei Goșu, Managing Partner at Ascendis, emphasized the significance […]

OMV Petrom, one of Southeast Europe’s largest integrated energy producers, has finalized the acquisition of several photovoltaic park projects from the Danish company Jantzen Renewables. These projects, located in Teleorman County, Romania, have a planned installed capacity of approximately 710 MW. Once operational, the parks will be among the largest solar projects in Southeast Europe. […]

Restart Energy has successfully finalized a €900,000 photovoltaic power plant project for Tehno Proenergy, a company based in Alba County. The plant, featuring 1,818 solar panels spread across 10,000 square meters, has a total capacity of 999.9 kWp and will produce 1,287 MWh of electricity annually, fully covering the energy consumption of the company. This […]