ELI Parks expands industrial project in Iași

Business Forum

17 December, 2025 at 7:05 AM

Local developer ELI Parks has announced the launch of the second phase of the ELI Park Iași project, adding another 20,000 sqm of industrial and logistics spaces to the existing 20,000 sqm.

Construction works for the second phase will be carried out by Sagex Construct, with completion set for Q3 2026.

"The expansion of ELI Park Iași represents a response to the growing demand for logistics and production spaces in the region," stated representatives of ELI Parks.

The new phase will adhere to the same standards established by ELI Parks, including technical specifications and energy efficiency, in line with the BREEAM certification held by ELI Park Iași, as well as flexible configuration options tailored to the needs of tenants across various industries.

Romania's green building certifications top 4.6 million sqm in 2025

Romania's green certification market remained active in 2025, with over 4.6 million sqm of real estate space receiving sustainability credentials despite European changes to reporting obligations.

Real estate

Penny opens €35 million logistics centre near Bucharest

Penny Romania retail chain has inaugurated its new logistics depot in Mihăilești, Giurgiu County, near Bucharest, marking a €35 million investment in sustainable infrastructure. The facility is the first in the company's network to operate entirely without gas heating, using waste heat recovery systems and heat pumps instead.

Real estate

CTP achieves Breeam certification for CTPark Ploiești

CTP, Europe's largest listed developer and operator of industrial and logistics parks by gross leasable area, has obtained Breeam New Construction Outstanding certification for an 85,000 sqm logistics warehouse at CTPark Ploiești, fully leased to international fashion retailer H&M. This is the first industrial building in CTP Romania's portfolio to achieve the highest level of the Breeam standard.

Real estate

Romania's industrial stock nears 8 million sqm milestone

Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.

Real estate

Romania's industrial sector up nearly fivefold in past decade

Romania recorded the fastest growth in road freight transport in the European Union, with companies reporting almost 29 billion tonne-kilometres carried by road in 2023, representing a 69% increase over ten years. This growth rate was three times faster than the EU average, according to Eurostat data cited by Colliers.

Real estate

Oresa Industra to expand industrial project in Iași

Oresa Industra, the property division of Oresa investment group, has obtained the building permit for the extension of its industrial project in Iași.

Real estate

WDP to develop 54,000 sqm distribution centre for Action in Bucharest

The industrial developer WDP has signed an agreement with Action, the international non-food discount chain, for the development of a new distribution centre.

LATEST NEWS

19 Mar

Alive Capital partners with Sieyuan for 2.5 GWh storage

19 Mar

Foundever opens new Bucharest office, plans 140 hires

19 Mar

Romania's eCommerce market could hit €8.5 billion in 2026

18 Mar

Romania secures major agri-food export deal with China

18 Mar

Purcari Wineries acquires Serve Ceptura winery in Romania

RECOMMENDED FROM THE HOME PAGE

Finance

Romania's eCommerce market could hit €8.5 billion in 2026

Romania's eCommerce market reached approximately €8.1 billion in 2025 and could exceed €8.5 billion in 2026. However, growth is entering a more competitive phase than in previous years, according to a report by MerchantPro.

Industry

Foundever opens new Bucharest office, plans 140 hires

Foundever, a customer experience service provider, has opened a new office in Bucharest, marking expansion in Romania and CEE. The company plans to grow its local team to over 140 employees throughout 2026, with current capacity for 180 workstations and room for further expansion.

Industry

CNIR launches €80 million tender for express road to Otopeni Airport

The National Road Investment Company (CNIR) has submitted documentation to the National Public Procurement Agency for the tender of an Express Road connecting the A0 Bucharest North Motorway to the future Terminal 2 of Henri Coandă-Otopeni International Airport. The estimated investment value exceeds RON 400 million (€80 million).

Energy

Alive Capital partners with Sieyuan for 2.5 GWh storage

Alive Capital, a green energy supplier and integrated services platform for renewable energy producers, has signed a collaboration agreement with Sieyuan Electric.

Industry