Real estate

Business Forum   |   31 March, 2025 at 2:39 PM

Meta Estate Trust reports 15% profit gain in 2024

Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).

Business Forum   |   27 March, 2025 at 1:00 PM

Romania's luxury retail niche ripe for growth

The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.

Business Forum   |   26 March, 2025 at 1:35 PM

Dedeman buys land on the border with Bulgaria

Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria. 

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Real estate

Holcim completes purchase of Xella walling business

Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.