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The retail team of Cushman & Wakefield Echinox provided strategic consultancy for Prime Kapital, the developer of the Mall Moldova Iasi super-regional shopping center, being involved in securing renowned brands such as Inditex, Peek & Cloppenburg, IKEA or Leroy Merlin among others.
Cement manufacturer Romcim, owned by Irelands’ CRH, has completed the acquisition of two concrete stations from BCC Agregate Betoane SRL, located in Miroslava and Iasi, after the deal was okayed by the competition watchdog.
Romania car production in the first three months of 2025 declined by 11.2% from the year-earlier period, to a total of 135,723 units, of which Automobile Dacia manufactured 75,812 cars and Ford Otosan 59,911 units, in line with data provided by the country’s carmakers association ACAROM.
Romania in 2024 had the highest weight of emigrants among EU states, with 24% of the country’s population (4.6 million people) living abroad, but also one of the highest remittance-to GDP ratios, namely 2.8% in 2023, reveals an Alpha Bank analysis.
The number of companies that are struggling and generating problems along economic chains continues to rise, and after the first quarter of 2025 one in four companies entered the “zombie” area, reveals a Sierra Quadrant analysis.
Entrepreneurial company Tudor. Personal Tailor, specializing in the production of men’s made to measure suits, plans to get funding on the Bucharest Stock Exchange to develop the business abroad, says Marius Dan, co-founder of the company.
Foraj Sonde Videle (FOJE.RO), one of the main drilling companies in Romania, has announced the start of its operations in France, as a result of winning a significant three-year contract for a big customer with Europe-wide operations.
The European Commission has approved a EUR16 million increase in state aid for the project targeting the “Rehabilitation of Bucharest’s District Heating System”—an investment of strategic importance for improving the capital city’s heating network efficiency.
Romania's energy output fell by an annual 7.7% in January-February 2025, down to 2.743 million tons of oil equivalent (TOE) due to a decline in hydro and wind power generation, the country's statistical office INS has announced on Tuesday (April 15), citing provisional data.
Alesonor has started the construction of the Verita International School & Kindergarten campus within Amber Forest complete suburb, the company has announced in a press statement on April 15, 2025.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) assisted MedLife, the largest private healthcare network in Romania, in increasing its syndicated loan by up to EUR50 million, thus reaching a total of EUR330 million.
Delgaz Grid, the distribution company of the E.ON Romania group, completed 15 investment projects in Cluj County in 2024, with their total value nearing RON64 million (EUR13 million).
Tiriac Group has resumed procedures for the authorization of an ample real estate project, an investment worth over EUR100 million, which targets the urban reconversion of a surface area of almost 40,000 square meters, located in the center of the city of Brasov, on the site of the former industrial platform IUS S.A.
Romania's industrial production decreased by 5.2% in February 2025, in unadjusted data, compared to February 2024, and by 3.2% when adjusted for the number of working days and seasonality, data from the country's statistical office INS showed on Tuesday (April 15).
Real estate consultancy Colliers has been designated to manage Victoria Center office building of downtown Bucharest, a project that was in early March acquired by Solida Capital, a company founded in Dubai by Wissam Nesr, executive president of Webcor.
Investment fund 7X Partners, controlled by Leonard Leca as main stakeholder, has taken over a 40% stake in dermatology center Leventer Medical Group founded by dr Mihaela Leventer and Claudiu Opran.
Retele Electrice Romania, part of PPC group in Romania, has launched on SEAP platform a public tender with a maximum level of almost RON180 million (VAT not included) for works related to client grid connection.
Dan Boabes, an entrepreneur and investor in the mobility market, has acquired Cristaxi, a major player on the local taxi services market, as part of a market consolidation strategy envisaging further deals.
The quality of engineers and the long tradition in the STEM field represent a “fantastic” potential for Romania, which is likely to become, with “ambition, determination and authorities’ joint efforts”, the EU’s services hub, stated, in an interview with ZF Joakim Reiter, a member of Vodafone’s executive committee.
Wizz Air, the largest local airline, has launched a new route from Cluj-Napoca’s Avram Iancu International Airport to Castellon, Spain, on Mondays and Fridays from April 11, 2025, then on Tuesdays and Saturdays from June 17, the Cluj airport said in a press release.18957 items