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Pledge, supported by InvestEU programme, marks first EIF-backed fund focused solely on social infrastructure in Central-Eastern Europe.

Phase IV, the final phase of the residential project, has obtained the urban planning certificate and is in the documentation preparation stage for obtaining the building permit.

In 2023, Romanian e-commerce of goods and services reached €10.6 billion, representing 3.32% of GDP.

AGISTA's investment in Dendrio Solutions generated an IRR of 22% and a return of 60% in two and a half years.

At the Extraordinary General Meeting, shareholders approved the consolidation of shares at a ratio of 50:1, meaning that for every 50 shares, shareholders will receive 1 share.

Join Property Forum's exclusive investment survey to voice your thoughts on the most pressing issues concerning the Romanian market. From inflation concerns to market expectations, your input will contribute to identifying trends, guiding decisions and shaping the course of Romania's investment journey. By sharing your perspectives, you not only contribute to shaping the future of the industry but also stand a chance to secure a free ticket to the highly anticipated SEE Property Forum & Awards Gala 2024 event.

Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.

Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.

Romania has a considerably higher rate of young people who make plans for their future (96%), among which 54% have well defined plans, compared to 40%, the European average.

InvestALIM results: out of a total of 37 companies - eight are projects successfully managed by the REI team.

foreign direct investments in construction and real estate transactions have more than tripled in absolute value, increasing by €14.4 billion euros during the 2013 - 2023 period.

Huge potential to shape Financial Controller role: 39% expect focus to shift to “value creation” but many not getting support needed to make this change.

At the global level, the survey shows that the possibility of a recession for the global economy is the top concern for retail investors (23%) closely followed by inflation (22%).

Under the partnership, the founders of Marty Restaurants will continue managing operations in their Cluj Napoca locations.

The offering will include up to 150,000 nominative, dematerialized, unsecured, and non-convertible bonds, with a nominal value of RON 100 per bond.

The new sales strategy is introduced alongside the launch of the Origin platform, a global solution that allows for complete digitalization of customer interactions.

The 2023-2024 agricultural season has been marked by extreme weather events, severely affecting farmers nationwide.

The partnership aims to bring new generative AI (gen AI) powered devices through Google's Gemini models to millions of Vodafone's customers across Europe and Africa.

The new apartments are ready to welcome their owners, who can already move in, the process of signing the sale-purchase contracts starting with October 1st.

43% of all impact companies are restructurable or in imminent insolvency, and they generate 33% of the total turnover of impact companies.

The hub's HQ is in Istanbul, while most innovations come from its Research and Development (R&D) office at Zafer Technopark in Usak.

Romania's residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data. 

RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026. 

Thanks to several top TV shows, chefs have begun to be viewed differently, and their professional challenges and work were understood and respected.

Relative to incomes, buyers are experiencing one of the most favorable periods in history to buy a home in Romania.

25 billion working hours lost annually due to inefficient collaboration at Fortune 500 companies.

Plans discussed with European Finance ministers in Luxembourg will broaden financing options and tools available to scale up European innovative companies and unicorns.

Selion Global Romania distinguishes itself by offering a range of leadership solutions that go beyond traditional executive search.

The first phase of First Estates Pipera, comprising 232 apartments, has already been sold in a proportion of over 95%. The delivery of the units to the buyers is in progress.

IRIDE is the first and one of the largest business parks in Bucharest, located in the Pipera area.

Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025. 

The 1,000-hotel milestone was achieved in 2024 with a spate of standout openings that included Mercure London Earls Court and Mercure Chandigarh Tribune Chowk.

The paint and varnish manufacturer EVOLOR, inaugurates a new high-performance production facility, on Oltchim industrial platform, following an investment of €3 million.

The company plans to invest €2.8 million in a new office building that can accommodate up to 100 people.

The platform, designed to enhance sustainability, operational efficiency, and responsible governance, was officially announced at a major business event in New York.

Targets are considered "science-based" if they align with the latest climate science findings, particularly in relation to the Paris Agreement's goals.

This evolution aligns with both regional and global trends, as European M&A deal values rose by around 30% during the same period, while global deal values increased by 16%.

Bogdan Papandopol, Partner and Head of Dentons' Global Real Estate Group in Bucharest, talked to Property Forum about the growing investments in green property projects and the reduction of lease terms in the commercial sector. 

Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub. 

Earlier this year, in May, Hesburger announced its entry on the Romanian market with the opening of its first restaurant in Râmnicu Vâlcea.