Terra Romania invests nearly €3 million in new HQ

Business Forum
Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of  €2.7 million.

The project marks a significant strategic move for the company in the Romanian market, focusing on both regional expansion and sustainability.

The HQ has a 4,710 sqm service workshop with a 10-metre height, a warehouse exceeding 3,600 sqm, as well as facilities. 

The building incorporates green technologies, enabling it to operate on a net-zero energy principle. This is achieved through the use of photovoltaic panels, heat pumps, and high-performance insulation systems, ensuring the building produces as much energy as it consumes. 

This investment in Brașov is part of the company's ongoing expansion, with plans to develop two new branches in Timișoara and Turda already underway.

RECOMMENDED
Globalworth starts new office development in Bucharest
Real estate

Globalworth starts new office development in Bucharest

Globalworth Romania has begun construction of Green Court D, the fourth building in the Green Court complex in Bucharest's Aurel Vlaicu area. The project is scheduled for completion in 2027 and is currently in the preliminary construction stage involving enclosure and basement excavations.

FDI in Romanian real estate triples in past decade
Real estate

FDI in Romanian real estate triples in past decade

Foreign direct investments (FDI) in Romania's real estate and construction sector more than tripled between 2014 and 2024, increasing by €15.1 billion to reach €21.6 billion by the end of last year. The sector's share of total FDI stock rose from 10.6% to 17.3%, according to National Bank of Romania (BNR) data analyzed by Cushman & Wakefield Echinox.

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
BT enters the ETF market
Finance

BT enters the ETF market

Banca Transilvania Group has entered the exchange-traded fund market by launching the BT Index Romania ETF BET-TR, managed by BT Asset Management.

Real estate

Millennials dominate Romania's mortgage market

Millennials aged between 30 and 45 contracted almost two-thirds of mortgage loans processed by Ipotecare.ro in 2025, according to an analysis based on over 1,000 intermediated financings and over 27,000 simulations.

Energy

Rețele Electrice Romania launches €12 million grid tender

Rețele Electrice Romania, part of the PPC group, has launched a tender worth up to RON 59 million (€12 million) for secondary stations in precast concrete enclosures. The equipment will be used in investment projects between 2026 and 2030.

READ MORE
Business Forum  |  24 April, 2026 at 2:00 PM
Business Forum  |  24 April, 2026 at 12:00 PM