Romania: Constructii Erbasu To Complete Construction Of Two New Hotels In (…)

February 24, 2026

Constructii Erbasu To Complete Construction Of Two New Hotels In 2027 In EUR24M Investment
Feb 24, 2026

Constructii Erbasu To Complete Construction Of Two New Hotels In 2027 In EUR24M Investment.

Constructii Erbasu, a company owned by the Erbasu family and one of the largest local construction companies in Romania, will complete the construction of two new hotels in 2027, Novotel Baneasa and Ibis Styles Oradea, with investments of EUR24 million.

[Read the article in Ziarul Financiar]

SEE ALSO IN ROMANIAN NEWSPAPERS

Digi Considers Potential IPO For Its Spanish Business Digi Communications NV, the European telecommunications operator with a presence in Romania, Spain, Portugal, Italy, and Belgium, confirmed during the presentation of its preliminary results for 2025 that an initial public offering (IPO) of its Spanish subsidiary remained "a possibility," (…)

Ascendia Posts Seven-Fold Rise In Net Profit To RON22.7M In 2025 Ascendia (ASC.RO), a Romanian e-learning software and digital content company listed on the AeRO market of the Bucharest Stock Exchange, posted RON46.2 million total revenue and RON22.7 million net profit in 2025, up more than 700% on 2024, according to preliminary results the issuer published (…)

Nuclearelectrica Calls Shareholders To Vote On Up To RON6.8M For Legal Services Nuclear power producer Nuclearelectrica’s Board of Directors has called an Extraordinary General Meeting of Shareholders for April 2-3, 2026, and the agenda includes approving several spending caps for legal services related to the major investment projects and day-to-day operations of the company.

Romania's Antitrust Body Gives Conditional Nod To Acquisition Of La Cocos Store Chain By Schwarz Group Romania's Competition Council has conditionally approved the transaction through which the Schwarz group, the owner of Lidl and Kaufland retail chains in Romania, takes over Romania's La Cocos store chain, through the company Project Brazil Beta GmbH.

Opus Land Development Sold EUR50M Worth Of Apartments In Its Cosmopolis Residential Project In 2025 Opus Land Development, which developed the Cosmopolis residential project, sold EUR50 million worth of apartments within the project in 2025, as per a press statement.

Simona Halep's former coach Darren Cahill to be special guest at her retirement event in Romania The former coach of Romanian tennis star Simona Halep, Darren Cahill, will return in 2026 to the Sports Festival as a special guest at her official retirement event. The gala match will take place on June 13, 2026, at BT Arena in Cluj-Napoca, and will represent the culmination of the seventh (…)

Index provider FTSE Russell removes Romania's OMV Petrom from Global All Cap indices over liquidity criterion The global leading index provider FTSE Russell published the results of the semi-annual review, bringing several changes to its indices. As such, the shares of Simtel Team (BVB: SMTL) will be included in the FTSE Global Micro Cap indices, while the shares of OMV Petrom (BVB: SNP) will no longer (…)