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Banca Transilvania is financing the development of URBANO Shopping & Living, the largest commercial park in the region of Transylvania, with over EUR 16 million. The project, initiated by URBANO Group, aims to transform the town of Florești in Cluj County into a commercial and entertainment hub starting next year. With a total investment exceeding…

The first 7 new railway kilometers of Lot 4 ALEȘD – Hungarian BORDER, as part of the rehabilitation project for the Cluj-Napoca – Oradea – Episcopia Bihor – Border railway line, funded by PNRR funds, were commissioned by CFR Infrastructura on July 31, this year. As an engineer in this project, Egis supervise the progress…

One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, recorded total sales and pre-sales of EUR 95.4 million in H1 2025, corresponding to 28,602 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 301 apartments and commercial units, as well as 332 parking…

A former Royal Navy minehunter has officially joined the Romanian Navy and will contribute to NATO’s efforts to enhance security in the Black Sea. The Sandown-class mine countermeasure vessel HMS Pembroke was commissioned into the Romanian Naval Forces under the name Căpitan Constantin Dumitrescu (M217) during a ceremony held at Rosyth, Scotland. This is the…

Only some of Romania’s airports currently have or have initiated steps to acquire security screening equipment that would allow the lifting of restrictions related to the processing of liquids, aerosols, and gels. At the moment, however, the equipment requires software updates and is not yet in use. The Bucharest Airports National Company, which manages the…

ASSIST Software, a Romanian tech company helps turn artificial intelligence into a critical force for smarter, safer, and more efficient factories around the globe. Today, thanks to companies such as ASSIST Software, AI is a core driver of transformation in the global manufacturing industry, reshaping how factories operate, how supply chains respond, and how people…

Romania’s modern retail market expanded to 4.73 million square metres by mid-2025, but remains unevenly distributed across the country, with more than two-thirds of total space concentrated in a few regions, Cushman & Wakefield Echinox reported. The capital Bucharest and the broader Centre-West region – encompassing Transylvania and Banat – account for over 60% of…

The Embassy of the Russian Federation was the sole foreign mission to send a message of condolences following the death of Romania’s former president Ion Iliescu, notes Iulian Anghel in a column in Ziarul Financiar. The message came 24 hours after the Romanian authorities officially announced Iliescu’s death. No other embassy had publicly commented or…

The Romanian government has initiated the process to appoint new leadership for the Agency for Monitoring and Evaluation of the Performance of Public Enterprises (AMEPIP), Economedia.ro reported. The move follows the creation of selection commissions through an order signed by the General Secretariat of the Government. The procedure is critical to unlocking EUR 330 million…

Romania’s National Agency for Fiscal Administration (ANAF) has issued a warning to companies and individuals after identifying irregularities in value-added tax (VAT) declarations, Economedia.ro reported. The discrepancies were uncovered through recent digitalisation initiatives aimed at improving the agency’s monitoring capabilities. According to ANAF, a significant number of taxpayers have been recording purchases made for personal…