Deloitte Romania advised the Czech energy group CEZ in the sale of seven of its Romanian subsidiaries, active in electricity distribution, supply and renewables, to the infrastructure investor Macquarie Infrastructure and Real Assets (MIRA), one of the world’s leading alternative asset managers, owned by the Australian group Macquarie. The assets included in the transaction are CEZ Romania’s electricity distribution network, the electricity and gas supply business, with 1.4 million clients, and the largest onshore wind park in Europe, located in Fantanele–Cogealac. This is considered a landmark deal in the Romanian mergers and acquisitions market and the largest transaction in the energy sector in the last years. The agreement was signed at the end of October 2020 for an undisclosed amount and is subject to approval from the European Antitrust Authority and the Romanian Supreme Council of Defence.
The 2025-2026 symphonic season of the George Enescu Philharmonic (FGE) in Bucharest will open with two concerts led by American conductor Kent Nagano and featuring German violinist Frank Peter Zimmermann as soloist. The program includes works by Enescu, Beethoven, and Stravinsky. The concerts are scheduled for Thursday, October 2, and Friday, October 3. FGE’s chamber […]
Romania recorded the second-lowest life expectancy in the European Union in 2024, at 76.6 years, trailing only Bulgaria at 75.9 years, according to preliminary figures released Thursday, September 11, by Eurostat, and quoted by Agerpres....
Far-right, opposition party AUR (the Alliance for the Union of Romanians) continues to dominate voter preferences for the parliamentary elections in Romania, securing 40.8% support in the latest INSCOP Research – Informat.ro Barometer conducted between September 1 and 9. The party’s strong showing underscores the deepening polarization of Romanian politics, with nearly half of voters […]
Vastint Romania has introduced Ready Flex Space, a new concept offering fully furnished, independent office modules on short-term leases, as demand for flexibility in the workplace continues to grow. The solution, already implemented at Business Garden Bucharest, spans 2,321 sqm divided into nine separate units ranging from 124 to 416 sqm. Eight of the units […]
Romania’s hotel sector outperformed forecasts in the first half of 2025, posting solid gains in occupancy and revenues that boosted its appeal for investors across Central and Eastern Europe (CEE), Cushman & Wakefield Echinox said in a report. Hotel occupancy in Romania rose by 4% in January–June compared with the same period last year, while […]
Romanian developer IULIUS has begun the most extensive transformation yet of its flagship Palas Iași mixed-use complex, announcing an estimated EUR 80 million investment that will expand retail areas, increase green spaces, and introduce new leisure facilities. The company said the redevelopment will raise its total investment in downtown Iași to more than EUR 520 […]
