Category: Uncategorized

Aukera Energy, a pan-European renewable energy and battery storage platform backed by AtlasInvest, Reggeborgh, and Belgium’s sovereign wealth fund SFPIM, has commissioned the first phase of its Gura Ialomiței battery energy storage system BESS project in Romania, with an installed power capacity of 150 MW and storage capacity of 300 MWh. The facility is designed…

Romanian-American University announces the launch of its School of Architecture, a new academic initiative that brings to Romania an international educational model built around a six-year integrated Bachelor’s and Master’s degree program, taught in English and developed in partnership with NewSchool of Architecture & Design in San Diego, California, USA. The new School of Architecture…

Bucharest City Hall plans to contract a loan of up to EUR 350 million from the European Bank for Reconstruction and Development (EBRD) to finance public transport investments, including tram infrastructure upgrades and the purchase of new articulated trolleybuses. The borrowing proposal is scheduled to be put to a vote by the General Council on…

Tour operator Christian Tour  (BVB: TRIP) will be listed on the Bucharest Stock Exchange (BVB) on Monday, June 22, after an Initial Public Offering (IPO) of shares that raised RON 149 million (EUR 30 million), Profit.ro reported. It will thus become the first and only tour operator in Romania whose shares are traded on the…

Foreign direct investment (FDI) continued to weaken across most of Central, Eastern, and Southeast Europe in 2025, but Romania stood out with one of the strongest performances in the region, according to a report published by the Vienna Institute for International Economic Studies (wiiw). Although total FDI inflows into the region rose to more than…

Romania’s prime minister-designate Adrian Vestea (PNL, yet not backed by his party) in the evening of June 17 announced that he would come up with a cabinet formed by representatives of the Social Democratic (PSD) and Liberal (PNL) parties as well as technocrats, will follow the ruling strategy of his predecessor Ilie Bolojan “down to the smallest…

RELOC Craiova, part of the GRAMPET Group, has completed the modernisation of 19 ELASMO electric locomotives under a project financed through Romania’s National Recovery and Resilience Plan (PNRR), with a total value of EUR 91.1 million. The completion of the programme was marked by the performance test of the ELASMO 019 locomotive, the last unit…

Romanian proptech startup VAUNT has signed its first client in the United States, marking a major step in its international expansion strategy. The company announced a partnership with New York-based real estate brokerage and relocation firm Pinpointe Group, which will use VAUNT’s integrated sales and marketing platform. The partnership brings VAUNT’s technology to the US…

Romania’s Lorena Ostase has been nominated for the EHF Excellence Awards 2026, the annual distinctions recognizing the best performers in European handball. The nomination was announced by the Romanian Handball Federation (FRH), which hailed the recognition as a significant achievement for Romanian handball. Ostase, who plays as a pivot for Romania’s national team and for…

Leroy Merlin, a retailer specializing in construction, home improvement, decoration and gardening products, closed 2025 with a turnover of approximately RON 3.7 billion, marking an increase of around 9% compared to the previous year. This growth was driven by the expansion of the store network, continued investments in digitalization and logistics, as well as by…