Four significant shareholders of One United Properties (BVB: ONE), including the co-founders Andrei Diaconescu (via OA Liviu Holding Invest), Victor Capitanu (via Vinci VER Holding), Chairman of the Board, Claudio Cisullo (via CC Trust Group AG) and Board Member Marius Diaconu (via Altius S.A.), successfully sold 234,205,285 shares in the Company to local...
West Group announced that it finalized the full acquisition of the iResidence residential project in northern Bucharest, ensuring that development continues without disruption and with strengthened financial backing. The project comprises 520 apartments with underground parking and storage facilities. Following the takeover, construction remains on schedule, with the first phase of 260 apartments already structurally […]
Bucharest's interim mayor, Stelian Bujduveanu, announced on Tuesday, August 19, the launch of a large-scale urban regeneration project around Gara de Nord, the capital's busiest railway station. The plan, developed in partnership with the Ministry of Transport and the District 1 City Hall, aims to transform the degraded transport hub into a modern intermodal node,
Save Romania Union (USR) has discussed with prime minister Ilie Bolojan (Liberal Party, PNL) about the organization of local elections in Bucharest in November, given his position as head of government and also as PNL president, sources told
The Israeli company Econergy, one of the most important investors in renewables in Romania, announced that it has officially connected a new 87 MW photovoltaic park located in Oradea to the Romanian electricity grid and announced plans for a 68 MW storage facility at the project site, according to
Romania’s courier industry recorded revenues of RON8.1bn ($1.78bn) in 2024, up 17% year on year, according to data from the SMARTreports platform powered by Bridge-to-Information, Ziarul Financiar reported. The sector added RON 1.1 billion (EUR 220 million) in revenues compared to 2023, marking one of its...
Consultations were held between the government, trade unions, financial markets regulator ASF, and the financial institutions involved, about the draft project for the disbursement of pensions under the pillars II and III. The consultations followed public protests to the draft law inked by ASF and promoted by the government, particularly regarding the ban on complete […]
