River Development moves all projects under Sema umbrella

Business Forum
Romanian investor and developer River Development has announced its rebranding as Sema Real Estate, with all current and new projects to be reunited under this umbrella. 

At the same time, the developer has announced plans for its first residential project that will include mixed functions. The residential complex will be in the southern part of Bucharest-based Sema Parc and its construction is expected to start in Q1 2024. 

”The keyword SEMA is already recognized for our flagship project, Sema Parc, one of the most significant mixed-use developments in Bucharest, that includes office buildings, commercial spaces, and a residential area. The rebranding emphasizes the legacy and importance of this project to the company's identity and its role in shaping its future developments with professionalism and enthusiasm,” says Oana Rădulea, Managing Partner of Sema Real Estate. 

Sema's portfolio comprises two major reconversion projects in the central-western part of Bucharest. 

RECOMMENDED
Market beat: How large office tenants gain leverage in Bucharest
Real estate

Market beat: How large office tenants gain leverage in Bucharest

Lavinia Ioniță Rasmussen, Real Estate Partner at Nestor Nestor Diculescu Kingston Petersen (NNDKP), talked to Property Forum about the firm's growing portfolio in industrial and renewable energy, but also about the new EU rules that will boost investments in green buildings.

Office leasing in Bucharest falls during H1 2024
Real estate

Office leasing in Bucharest falls during H1 2024

The volume of office leasing in Bucharest amounted to 168,000 sqm during H1 2024, down 11% compared to the same period of last year, with the average new lease deal at more than 1,100 sqm, according to Cushman & Wakefield Echinox. 

RECOMMENDED FROM THE HOME PAGE
E.ON Romania plans €120 million investment in energy solutions
Energy

E.ON Romania plans €120 million investment in energy solutions

E.ON Energie Romania plans to invest approximately €120 million over the next five years, primarily in developing its portfolio of energy solutions including photovoltaic systems, heat pumps, energy efficiency measures and electric mobility infrastructure.

Industry

MSD names new Managing Director in Romania and Moldova

MSD has appointed Conor Dempsey as Managing Director for Romania and Moldova operations. He succeeds Marcelo Pascual Morales, who was appointed Associate Vice President & Executive Officer of MSD Japan.

Industry

Electric cars registrations in Romania up to 26% during April 2026

New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).

READ MORE
Business Forum  |  12 May, 2026 at 1:30 PM