The Energy Ministry welcomes the strategic initiative of Romgaz (SNG.RO) to expand its business to supply natural gas to household and non-household consumers, a decision that comes at an essential time for Romania in a difficult regional context, but with opportunities to match.
Romanian authorities issued 2,729 residential building permits in November 2024, 13.8% fewer than in October 2024 and 1.1% more than in November 2023, data from the country’s statistics board INS showed on Thursday (Jan 9, 2025).
Romania's Competition Council fined the companies Holcim Romania S.A., Romcim S.A. and Heidelberg Materials Romania S.A. a total RON217.96 million (approximately EUR43.7 million) for coordinating pricing policies.
Entrepreneurial company Visual Fan, controlled by Lucian Peticila and that owns Allview brand, has completed the implementation of four photovoltaic projects for Autoliv Romania, the local subsidiary of Swedish group Autoliv.
Holde Agri Invest, one of Romania’s largest farmland operators, has announced changes in its shareholding structure, as well as the strategy for its development in coming years.
Credit Europe Bank has completed the merger process with the Dutch parent bank Credit Europe Bank N.V. and starting January 1 operates in Romania as a branch of the Dutch bank, under the name of Credit Europe Bank N.V. Amsterdam Sucursala Bucuresti.
Presented for the first time internationally in October 2024, at Paris Motor Show, the Dacia Bigster model can be ordered in Romania starting today, January 9, 2025.
Romania houses are still among the most affordable in CEE, as average wages have risen in the past five years at a faster clip that housing market prices, reveals the latest analysis quoted by Colliers.
International Workplace Group, the world’s largest hybrid work solution provider, with brands such as Spaces and Regus, is opening a new flexible work space in Bucharest, in Vastint Business Garden building, in a bid to meet the ever rising demand for such spaces on the local market.