Category: News

Saint-Gobain Romania has taken a significant step in its sustainability strategy by completing the installation of a photovoltaic power plant at its Saint-Gobain Rigips factory in Turda. This solar project, funded through the National Recovery and Resilience Plan (PNRR) and Saint-Gobain’s internal Carbon Fund, is designed to power the factory’s production line with clean energy, […]

E.ON Romania has significantly expanded its community support efforts, investing €18 million in 2023 in key projects focused on safety, education, and environmental protection, according to its latest sustainability report. This brings the total investment in community initiatives to almost €20 million over the past years. These projects have had a direct impact on over […]

CBRE Romania is expanding its influence in the commercial real estate sector by intensifying its commitment to ESG and sustainability. Through a new strategic partnership with Access4you, CBRE Romania will enhance its efforts to create more inclusive and accessible spaces for people with disabilities. Access4you is a Hungarian company known for its expertise in building […]

Nala Renewables has secured a €214 million financing package from Banca Comercială Română (BCR) and Erste Group for the acquisition and development of a 99.2 MW onshore wind project. This financing underscores the growing focus on renewable energy investments and the strategic role these projects play in the region’s energy landscape. The wind farm, set […]

AFI Europe, a prominent real estate developer in Central and Eastern Europe, has purchased the myhive Victoriei office building from the Austrian group IMMOFINANZ. The transaction, valued at approximately €27 million, was facilitated by Colliers and Cushman & Wakefield Echinox. This acquisition aligns with AFI Europe’s strategic expansion in Romania, where it plans to transform […]

NN has announced strong financial results for the first half of 2024, achieving a gross profit of nearly 61 million lei and making substantial payouts exceeding 575 million lei to its clients. This represents a significant increase of almost 30% compared to the same period last year, underscoring the company’s robust financial performance and its […]

Flanco, one of Romania’s leading electronics and home appliances retailers, achieved sales of 650 million lei in the first seven months of 2024, marking a 14% increase compared to the same period last year. This growth significantly outpaces the overall market for electro-IT products in Romania, which grew by approximately 9% during the same period. […]

PPC Group has finalized an agreement with Macquarie Asset Management’s Evryo Group to acquire a substantial renewable energy portfolio in Romania. The portfolio includes 629 MW of operational renewable energy assets and an additional 145 MW in pipeline projects, marking one of the largest transactions in Romania’s green energy sector. The total enterprise value of […]

The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group have announced a substantial investment of €244 million to fund the construction of a new solar power plant in Romania. The financing will be provided equally by both entities, with each contributing €122 million to INVL Renewable Energy Fund I, a fund managed […]

AVBS Broker de Credite, one of Romania’s leading credit brokerage firms, has announced a significant growth in its mortgage loan portfolio, with a total of €32 million granted in the first six months of 2024. This marks a 60% increase compared to the same period in 2023, when the company facilitated €20 million in mortgage […]