EBRD lends €90 million to support bakery producer Lantmännen Unibake Romania Loan to finance construction of new state of the art bakery production facility in Bucharest Bakery will be one of Lantmännen’s largest facilities, built in line with leading sustainability standards. The European Bank for Reconstruction and Development (EBRD) is lending €90 million to support Swedish Lantmännen Group’s expansion plans in Romania. Lantmännen Group is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. It is owned by 18,000 Swedish farmers, employs around 10,000 people and has operations in over 20 countries. The group owns Lantmännen Unibake, a bakery company that operates more than 30 bakeries globally. Its Romanian subsidiary, Lantmännen Unibake Romania, is an established producer of frozen bakery products in the country. The EBRD’s investment will be used to finance the construction of Lantmännen Unibake Romania’s new state of the art bakery facility in Bucharest, which will serve as a central production hub supplying countries in Central and Southeast Europe. The new facility will be constructed in line with the EBRD’s Green Economy Transition building requirements, supporting Lantmännen’s wider sustainability agenda including Lantmännen Unibake’s decarbonisation commitments validated by the Science Based Target initiative (SBTi). Once completed, the facility will be one of the largest bakery operations within Lantmännen Unibake. It will unlock the export potential of bakery products in Romania, one of Europe’s largest wheat exporters, and support the modernisation of the bakery sector in the country. To support improved skills and training as well as access to employment opportunities, Lantmännen will also implement a vocational training programme for young men and women, enabling work-based learning in food production. The EBRD is a leading institutional investor in Romania. To date, the EBRD has invested €10.5 billion through 515 projects in the country, focussing on financing infrastructure, boosting private sector productivity and further developing the financial sector and capital markets. In 2022, more than 61 per cent of the EBRD’s investments in Romania were in the green economy.
The Romanian Wind Energy Association (RWEA), the Romanian Photovoltaic Industry Association (RPIA) and the Renewable Energy Producers Organization in Romania (PATRES), representing members with a total installed capacity of over 6.5 GW, warn of the risk of a major bottleneck in the energy sector caused by the introduction, without a transition period and with an […]
Romania is emerging as one of the most dynamic markets for Turkish renewable energy investments, attracting growing interest from industrial and financial groups with regional exposure. Real grid connection opportunities for viable projects, infrastructure modernization potential, and investment framework stability make Romania a strategic destination for Turkish capital, at a time when Europe is accelerating […]
CATANE, the feature debut of director Ioana Mischie, has received an international nomination at the prestigious Hollywood Music in Media Awards for its original score composed by Emiliano Mazzenga. The film’s music has been selected among the top five film scores worldwide in the International Independent Film category. The film is the first Romanian production ever […]
Moldovan prime minister Alexandru Munteanu arrived in Bucharest on Thursday, November 13, for his first official foreign visit since taking office. He met with president Nicușor Dan and Romanian counterpart Ilie Bolojan before visiting the Parliament, where he met with the president of the Senate, Mihai Abrudean. After the first meeting, president Nicușor Dan stated […]
Bucharest maintains a steady flow of new office developments, with nearly 170,000 square meters of projects scheduled for delivery between 2026 and 2027, according to the latest Bucharest Office Marketbeat Q3 2025 report from Cushman & Wakefield Echinox. Despite a 25% drop in total leasing activity compared to last year, demand remained solid, with companies […]
The number of Romanians seeking work abroad has fallen to its lowest level in five years, according to new data from leading online recruitment platform eJobs. So far in 2025, only 106,000 applications were submitted for jobs outside Romania out of a total of 9.8 million, representing just 1.1% of all job applications. Employers abroad […]
