Econergy buys out partner’s 50% stake in Romania’s largest PV project to date

Israeli-based Econergy Renewable Energy announced that it agreed to buy out the 50% stake held by its partner, TVSE-listed Nofar Energy, in the 155 MWp Rătești photovoltaic plant, the largest in Romania. The company announced plans to add a 120 MW...

Private equity specialist makes successful exit from clinical trials business

HGL Private Capital has sold its stake in FutureMeds, a leading European independent clinical trials business, to Phoenix Equity Partners, making a successful exit from the business. The West Midlands-headquartered private equity specialist has...

OTE Sells Telekom Romania Mobile to Vodafone, Transfers Assets to Digi

Hellenic Telecommunications Organization (OTE) has finalized the sale of its entire 100% stake in Telekom Romania Mobile Communications (TKRM) to Vodafone Romania. The transaction also included the transfer of TKRM’s prepaid business, certain...

Banned UK doctor still practicing in Romania amid regulatory loopholes

Romania’s top medical body has come under fire after confirming that it allows a doctor banned in the United Kingdom for sexual abuse to continue practicing medicine within its borders. The case has ignited a broader debate about the glaring...

Birth rates are falling — and the experts still don't get it

When considering the issues of low birth rates and population decline, it's essential to differentiate between those who are pro-life and those who are pro-natalist. While both have concluded that people around the world should have more children,...

Analysis: Business Executives' Personal Safety Under Spotlight

At a time of heightened concerns about physical threats to executives and those in leadership roles, a survey reveals what is top of mind for business heads. It also is a reminder that physical security is an important issue for those in the...

Econergy Renewable Energy announces full ownership of the Ratesti solar project in Romania

Following completion of the transaction, Econergy will hold 100 percent ownership of the project company and assume control of the shareholder loan previously provided by Nofar in the amount of 14.85 million euros. The total consideration for the...

Electrical equipment manufacturer Electroalfa reportedly ready for IPO on Bucharest Stock Exchange

Electroalfa, an important player in the Romanian electrical equipment and metal fabrication industry and a contractor in the energy sector, is preparing to list its shares on the Bucharest Stock Exchange, or BVB, in November, according to...

WDP to build 32,000 sqm distribution center near Bucharest for FAN Courier

Belgian logistics developer WDP announced plans to build a 32,000 sqm distribution center in its WDP Park Bucharest – Ștefănești, near the Romanian capital, for FAN Courier Group, one of Romania’s leading courier and logistics operators....

ETF tracking main Romanian equities reaches record asset value, investors

The BET Patria - Tradeville ETF, the largest one investing in Romanian equities, reached RON 600 million in total assets last month, less than three months after reaching RON 500 million in July 2025. It also reached 30,000 investors, up from...

Serbia exporting more despite global turbulence – Stellantis and Chinese companies pillars of growth

While the exports of some of the leading European economies are dropping, caught between the hammer and the anvil of America and China, those of Serbia grew in the first eight months of this year. The exports of Serbia in the first eight months of...

Hornbach capitalizes on growth in renovation market

Hornbach Holding's recent updates underscore substantial progress, including strong H1 26 earnings driven by increased customer traffic and demand, strategic store expansions, and modernization efforts. The company is capitalizing on the...

Rewilding Romania secures EUR 106,000 grant to advance river restoration in Southern Carpathians

Rewilding Romania has received new funding of EUR 106,473 from the European Open Rivers Programme to begin the second phase of its river restoration initiative in the Southern Carpathians. The project aims to restore the natural flow and...

Schengen showdown: Romania, Bulgaria & the Netherlands

Romania and Bulgaria remain outside the Schengen Area. That’s in large part due to widespread opposition to them joining. For instance, the Dutch Parliament adopted a resolution urging the government to oppose Romania and Bulgaria’s accession to...

Econergy to assume 100% ownership of Romania’s biggest solar park, add batteries

Econergy Renewable Energy said its subsidiary Econergy International, in which it holds 75.2%, has signed an agreement with Nofar Energy to acquire the partner company’s entire 50% stake in the Rătești solar power plant. The facility northwest of...

Retail Trade Volume in EU Remains Flat in August, Slight Increase in Eurozone; Bulgaria Posts Fifth Highest Annual Growth

Retail trade volume in the European Union remained unchanged in August 2025 compared to July, while the Eurozone registered a slight increase of 0.1 per cent, according to the latest seasonally adjusted preliminary data released by Eurostat on...

Digitain Joins European Lotteries, Pens Deal with 888 Romania

A few days ago, Digitain, a leading B2B provider of casino and sports betting platform solutions, penned a deal with 888 Romania, evoke’s Romania-facing arm. Now, the platform supplier announced that its European Lotteries (EL) membership has been...

Europe Must Become a Strategic Actor in Its Own Right

In recent weeks, unidentified drones violated European Union airspace, prompting an emergency meeting of European leaders, hosted by Denmark. In fact, such incursions have proliferated over the last three months, with at least ten countries, from...

Malta retail trade surges, second only to Cyprus in EU growth

Malta’s retail sector was one of the best performers throughout the European Union in August, second only to Cyprus when compared to the same month last year, outpacing the EU average. Eurostat data on Monday showed that Malta recorded a 9.2 per...

Morning Coffee: Boutique bank asked to prove long hours are really necessary. Goldman Sachs CEO wishes he could spend a lot more money on coders

Why do junior bankers work such long hours? Is it an essential part of learning to be a banker, a pointless hazing ritual, or is it a regrettable but inevitable consequence of the way that investment banks and their clients do business? This is,...