Genesis Property names new CEO

Business Forum
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group. 

Purice has 15 years' worth of experience in the construction sector. He has managed Genesis Property's construction projects and led the transformation of the YUNITY Park business campus over the past five years. 

The executive will work closely with Liviu Tudor, President and Founder of Genesis Property, on executing the company's development objectives. 

Genesis Property's main long-term goal is the completion of the final phase of YUNITY Park, based in northern Bucharest. 

The campus features a 1,500-seat open-air amphitheatre, two kilometres of pedestrian walkways, cascading water mirrors, an urban forest, and creative meeting spaces.  

The first and second phases of the project, completed in 2023, received an investment of over €30 million. The third phase, the Innovation Center, is set to be completed this year with an additional €20 million investment.  

RECOMMENDED
AI simplifies work but fuels employee anxiety, survey finds
Industry

AI simplifies work but fuels employee anxiety, survey finds

AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.

Simtel Team appoints new CEO
Energy

Simtel Team appoints new CEO

Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.

Meta Estate Trust names new CEO
Real estate

Meta Estate Trust names new CEO

Romanian property holding Meta Estate Trust has appointed Dan Petrișor as its new CEO, effective January 2026, following a Board of Directors decision from October 31st.

Employers want support for personal and professional growth
Real estate

Employers want support for personal and professional growth

Nearly 60% of Romanian employees believe their employers should do more to support both professional and personal development, according to a survey conducted by Genesis Property in the first half of 2025 on a nationally representative sample of 1,012 respondents.

RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.