Romania: Speedwell Invests EUR135M in 200 Villa-Residential Project Near (…)

April 21, 2026

Speedwell Invests EUR135M in 200 Villa-Residential Project Near Bucharest
Apr 21, 2026

Speedwell Invests EUR135M in 200 Villa-Residential Project Near Bucharest.

Real estate developer Speedwell is launching a residential project in Corbeanca, on the banks of Ostratu river, an over EUR135 million investment (…)

[Read the article in Ziarul Financiar]

SEE ALSO IN ROMANIAN NEWSPAPERS

Bucharest to receive EUR 266 mln EIB loan tranche to modernize tram network Bucharest is set to receive a EUR 266 million loan tranche from the European Investment Bank (EIB) to modernize its tram network, as part of a broader effort to improve urban mobility and reduce emissions. The financing will allow the city to renovate around 50 km of tracks, introduce new (…)

Staer 2025 Turnover Down 5% YOY Staer International, the company that owns furniture stores under Staer brand, reported RON83 million turnover in 2025, down 5.6% from 2024.

Legendary Romanian gymnast Nadia Com?neci receives Laureus Lifetime Achievement Award Romania’s Nadia Com?neci, celebrated as one of the most iconic figures in gymnastics history, has been awarded the Laureus Lifetime Achievement Award, one of the highest honors in global sport, during a ceremony held in Madrid. The recognition comes nearly 50 years after her historic performance (…)

Homeplex Targets RON70M Turnover in 2026 Romanian thermostat and gas detector producer Homplex, founded in 2013 by entrepreneurs Bogdan and Tudor Panainte, has for 2026 budgeted turnover worth RON70 million (around EUR14 million), up around 23% from 2025, in line with ZF calculations based on company data.

Electrica Budgets 280M Net Profit for 2026, Down from RON1B in 2025 Electrica group, with a RON10.5 billion capitalization, is on April 29 submitting to shareholders’ vote a 2026 budget that includes a RON281 million consolidated net profit, compared with the RON1.045 billion profit generated in 2025, meaning a 73% decline.

UniCredit enters Romania's top three banks by assets after Alpha Bank takeover UniCredit has moved into the top three largest banks in Romania by assets in 2025 following its takeover of Alpha Bank’s local operations, according to calculations by Economica.net based on data published by credit institutions. Banca Transilvania and Banca Comercial? Român? (BCR) retained (…)

Romanian company comes up with second magnesium mine project in the country Romanian company with local owners, Mineral Proiect Invest, has started legal procedures to open a mining operation in Sibiu County, where a magnesium deposit will be exploited, according to Libertatea.ro. The investment is valued at an initial value of almost EUR 100 million. The investment (…)