Romania’s state-owned electricity producer Hidroelectrica has launched a RON 158 million contract for the construction of the Tudor Vladimirescu photovoltaic park in Brăila County, Energy Tehnologies & System documents show, as reported by Profit.ro. The 45 MW project has been...
Olvia Investments, a Cyprus-registered real estate investment company within the Island Oil Holdings group, is seeking to acquire Green Port Operator, a port logistics firm in Constanța, with plans to build a liquid products terminal in the Black Sea port,
Romania’s Q2 GDP is expected to show a mild contraction of -0.1% q/q and -1.8% y/y in Q2, due to weak confidence and base effects, Erste Group says in a research note. Romania’s statistics office will announce flash Q2 GDP data on Thursday, August 14. The 1.8% y/y decline expected by Erste for the country’s economy […]
Romania's trade deficit has contracted by 15% y/y to under EUR 2.4 billion in June after the 8% y/y decline in May, driven by a moderate (+0.6% y/y) rise of imports and a reasonable (+6.3% y/y) rise of exports. The cautious private and public consumption has visibly impacted imports. But the lower crude oil prices […]
Artist Amalia Verzea will hold her first solo stained glass exhibition in Romania at ARCUB – Hanul Gabroveni in Bucharest. Titled "Arta vitraliului la 360°", the show runs from August 21 to September 21 and will present more than three decades of the artist’s work, created in studios in both Italy and Romania. The exhibition […]
When office tenants talk about Bucharest’s Central Business District (CBD), they still instinctively point to the glass canyons around Piaţa Victoriei and Aviatorilor. But a new, future-proof CBD has been emerging in the last 10 years just 2.5 kilometers west of Victoriei, in the area around the Basarab overpass and Bucharest’s biggest technical university. October […]
