Copper Beech Urban Development said it plans to invest RON 745 million in the development of a next-generation photovoltaic (PV) park in Giurgiu county, southeastern Romania. With a capacity of more than 130 MWe, the project marks the entry into the renewable energy sector in Romania of British businessman Dinesh Dhamija, founder and chairman of Cooper Beech Group.
The total investment is partly financed (RON 74 million) through the National Recovery and Resilience Plan (PNRR).
The...
The new factory that the local subsidiary of German group Knauf, Knauf Insulation, built central Romania at Târnăveni, began producing glass mineral wool in January 2025, the company announced on January 22. The factory will ensure an annual production of approximately 75,000 tonnes of mineral wool that will serve both domestic needs and other Knauf […]
The mergers and acquisitions (M&A) market in Romania amounted to EUR 6.3 billion (USD 6.6 billion) in 2024, down 6% compared to the estimated value for 2023 (USD 7.1 billion), with the number of transactions being 10% higher (241), according to an E&Y analysis. Mega-deals excluded (there were two in 2023 and none in 2024), […]
Camelia Ene, the former CEO of MOL Romania, has been appointed CEO of ROCA Industry, the Romanian holding company of construction materials manufacturers. Ionuț Bindea, who has been the CEO for almost three years, will serve as chairman of the board of directors of ROCA Industry. Furthermore, as Senior Investment Manager of ROCA Investments, he […]
The going-out options include a variety of exhibitions and a selection of David Lynch films. In Bucharest: Four masterpieces of David Lynch January 23 – January 26 Cinemateca Eforie runs a program that pays homage to American filmmaker David Lynch, who passed away last week. The films that will be screened are The Elephant Man, […]
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
