Amazon Development Center, a company established in 2005 in Romania's city of Iasi by US giant Amazon, will be firing more than 500 people who work at the Retail Business Services Division.
Private equity firm Booster Capital has bought into Artesana, a leading dairy producer, replacing ROCA Investments, another private equity firm that had been an Artesana shareholder since 2020.
Jakub Kotala, previously CFO of the global Construction Chemicals division, has been appointed Chief Executive Officer (CEO) of Saint-Gobain Romania.
Real estate developer Nusco, present in Romania since 1997, is beginning preparations for the construction of the third phase of the Nusco City residential project, on the site of the former Pipera industrial site, with an estimated investment of EUR130 million.
The total volume invested in income-producing real estate assets – office, retail, logistics and industrial spaces and hotels – in Romania reached approximately EUR391 million in the first half of 2025, which is lower by 6.5% than the EUR418 million level reported in the same period of 2024, according to real estate consulting firm Cushman & Wakefield Echinox.
Fitch Ratings has announced in a press statement that the fiscal package unveiled by Romania's Government led by Prime Minister Ilie Bolojan is expected to have a substantial budgetary impact, estimated at 1.1% of GDP in 2025 and at 3.5% in 2026.
Edenred, the digital platform for services and payments, has appointed Matei Ciobanu to the position of Growth & Development Director for Eastern Europe and Japan, starting with July 1, 2025.
A multi-jurisdictional legal team from the Clifford Chance Bucharest and London offices, coordinated by Partners Madalina Rachieru-Postolache and Kate Vyvyan, advised electricity supplier, distributor and producer Electrica Group on its first green bond issue on foreign markets, which was oversubscribed more than 11 times and raised EUR500 million.