Thursday, 16 July 2026
Real estate developer Hagag Europe estimates that the energy sector will become one of its main business lines in Romania, complementing real estate development operations.
“We see energy becoming a strategic pillar for the group in Romania. While it will develop in parallel with our real estate operations, it will not compete with them. The objective is to build complementary business lines that share the same investment philosophy: long-term relevance, disciplined execution and assets that create value beyond the immediate market cycle,” said Yitzhak Hagag, co-founder and chairman of the board of directors.
The group entered the energy sector last year, through the acquisition of Romanian natural gas distributor and supplier BTD Distribuţie și Furnizare and the launch of its local division, Hagag Energy. The company plans to invest over EUR 400 million in the coming years to expand in this sector.
Source: economica.net
