Rompetrol Rafinare, a KMG International Group (Rompetrol) member company, has recently finalized modernizing the Delayed Coking Unit (Cx) of the Petromidia refinery, by implementing a new drilling/cutting system of petroleum coke, but also the automation of the production flow. The […]
Health, as the foundation of human capital, is essential for innovation, productivity and, therefore, for Romania’s sustainable economic growth. The sustainability of the health sector is important not only for improving the care of citizens, but also for supporting a […]
In the first half of the year, North Bucharest Investments carried out over 520 real estate transactions, a 30 percent increase compared to the total number of transactions of the previous year. The value of the transactions reached approximately 63 […]
EBRD has made a minority equity investment into a leading Romanian technology company, AROBS Transilvania Software to support it in pursuing its regional growth strategy in central and eastern Europe. The EBRD investment was part of a larger primary and secondary […]
BAT, the largest tobacco company in Romania, is the second contributor to Romania’s state budget, with a total contribution of 10.8 billion RON (2.1 billion euros) in excise and taxes to the state budget in 2023. This amount adds to […]
Real estate developer STC Partners obtains financing from Banca Transilvania for the development of phase 2 of the residential project Quartier Azuga, located near the Tei area in Bucharest, worth 10 million Euros. “Securing the Phase 2 development credit prior […]
TMF Group, a provider of compliance and administrative services, has signed a lease agreement for 1,700 square meters of office space at America House, an office building in Bucharest’s central business district (CBD). TMF Romania, a subsidiary of TMF Group […]
Restart Energy has completed the construction and installation of a photovoltaic project for Dip&Gip, following an investment of 200,000 euros. The rooftop project has a capacity of 299 kWp and was installed on the roof of a production facility belonging […]
Large infrastructure investments, significant salary growth above inflation, a stable external economic context, and central banks’ victory in combating inflation are helping the Romanian real estate market maintain a favorable outlook. However, results are generally mixed, according to Colliers Romania […]
Vectr Holdings, through its subsidiary Vectr Realty, has acquired 100% shares of the company that owns The Landmark office building. This is part of Vectr Holdings’ growth plans in Romania. Vectr Holdings, a privately-owned group of companies, is engaged in […]
