Xella Romania names new CEO

Business Forum

10 March, 2025 at 10:30 AM

Building materials maker Xella Romania has named Petrișor Grindeanu as its new CEO, replacing Marius Dragne, who held the helm at the company for 16 years.

The new CEO brings over 25 years of experience in the building materials industry.

Grindeanu joined Xella late last year after five years as CEO of Lasselsberger Ceramics Romania, the sole domestic producer of ceramic tiles. Prior to that, he held various leadership roles at the Swiss group Sika, including GM for the company's operations in Ethiopia and Djibouti.

“I strongly believe that through technology, sustainability, and a strong team spirit, we can redefine market standards and create solutions that truly meet current needs,” says the new CEO.

Xella's portfolio includes brands such as Ytong, Macon, Multipor, and Silka.

Bog'Art Building Management names new CEO

Bog'Art Building Management, the facility management company part of Bog'Art Group, has appointed Tudor Marchiș as CEO. 

Real estate

Square 7 Properties and Mitiska REIM complete €19 million retail park in Pitești

Square 7 Properties and Mitiska REIM have inaugurated Pitești Shopping Park, a new shopping center located in the northern area of Pitești, following an investment of €19 million.

Real estate

Infrastructure investments drive Romania's construction market

Romania's construction market has reached historic highs over the past two years over increased public investment, financed by both national and European funds. At the same time, demand from the residential market has remained limited due to the slow permitting process for new developments in Bucharest. 

ESG

Bog'Art announces first Sustainability Report

Bog'Art's Sustainability Report addresses the ESG (Environmental, Social, Governance) pillars, offering a transparent view of the company's achievements.

Real estate

Bog'Art publishes its first sustainability report

Romanian construction group Bog'Art has published its first sustainability report that outlines the company's results and objectives under the ESG development framework. 

Economy

Real estate and construction sector became second largest recipient of foreign capital in Romania

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.