Category: News

Beko has appointed Marius Mihăilescu as the new CEO for Romania, Moldova, Greece, Malta, and Cyprus, effective January 1, 2025. Beko Romania announced the leadership transition following the departure of Murat Büyükerk, who concludes his seven-year tenure to pursue new professional opportunities. During his time at Beko, Murat Büyükerk played a key role in transforming […]

Holcim România has announced the appointment of Adina Pădurariu as the new director of its Autoclaved Aerated Concrete (AAC) plant in Adjud, Vrancea County. Pădurariu, who has been with the company for ten years, takes over from Carmen Bîrlă, who is retiring after 22 years with Holcim. With a 30-year career in the petrochemical and […]

IULIUS, one of Romania’s leading real estate developers, has partnered with Foster + Partners, a globally renowned architecture firm, to implement two transformative urban regeneration projects in Iași and Constanța. These groundbreaking initiatives represent investments exceeding €800 million, aimed at redefining urban landscapes with sustainability and innovation at their core. In Constanța, a 38-hectare industrial […]

UE Furniture, a global leader in the production of chairs, armchairs, and sofas, has completed the acquisition of Rus Savitar, one of Romania’s largest furniture and chipboard manufacturers. The deal, facilitated by CBRE Romania, encompasses 120,000 sqm of land and 60,000 sqm of buildings located in Dudeștii Noi, Timiș County. The acquisition marks a significant […]

REI Grup, one of Romania’s top consultancy firms specializing in non-reimbursable funding, has revealed that more than €2 billion will be allocated in the first quarter of 2025. These funds aim to support projects in key areas like start-ups, technology, artificial intelligence, renewable energy, agriculture, and tourism. With over 15 financing programs available, funding ranges […]

Delgaz Grid has completed the construction and commissioning of the Onești Centru substation, a significant infrastructure project designed to improve energy supply reliability and expand capacity in Onești and its surroundings. The investment, exceeding 22.7 million RON (approximately €4.6 million), directly benefits over 31,000 residents in the municipality and 39 neighboring localities. Modernized Energy Infrastructure […]

This year, the CITIES OF TOMORROW 2024 event marked a significant milestone by taking place outside Bucharest for the first time, choosing Oradea as its dynamic and welcoming host. With over 140 participants, the event featured nine online roundtables, a dedicated conference day, and project and company site visits. These key components contributed to the […]

Saint-Gobain has undertaken three major strategic transactions across Europe, further solidifying its competitive position in the region. These moves, in line with the Group’s “Grow & Impact” strategy, aim to optimize and diversify its portfolio while fostering sustainable growth in the construction industry. Acquisition of Kilwaughter in the UK and Ireland The Group has acquired […]

Global defense manufacturer Otokar has secured a €857 million (4.26 billion RON) contract to deliver 1,059 COBRA II 4×4 armored tactical vehicles to Romania’s Ministry of Defense. Signed in partnership with ROMTEHNICA, acting on behalf of the ministry, the agreement marks a significant step in enhancing Romania’s defense capabilities. Under the multiannual contract, the first […]

The 14th edition of eMAG’s Black Friday event saw unprecedented demand, with customers placing orders totaling 220 million lei within the first 30 minutes—a 22% increase over last year. Beginning at 7:15 am, the shopping frenzy led to the sale of 573,000 items at a rate of over 19,000 products per minute. Of these, 34% […]