The former Solventul industrial platform in Romania's western city of Timisoara will be turned into residential area with integrated retail, office, service, and public amenities, following a partnership concluded between Nhood, an integrated real estate services and solutions company present in 10 European countries, including Romania, and Reuben Brothers, a leading international real estate investor.
A team of Romanian and British lawyers from Tuca Zbarcea & Asociatii and Osborne Clarke assisted Vodafone Romania in the acquisition of Telekom Romania Mobile Communications.
The World Bank has revised downwards its forecast for Romania’s economic growth to just 0.4% for 2025, compared to its 1.3% projection in June 2025, per the Bank's latest report for Europe and Central Asia (ECA) released on Tuesday (October 7).