Real estate

Business Forum   |   13 May, 2025 at 12:36 PM

EBRD downgrades 2025 growth forecast for most CEE countries

The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.

Business Forum   |   9 May, 2025 at 3:02 PM

One United raises funding for Bucharest office project

Romanian developer One United Properties has raised around €6.5 million in fresh capital from a group of ten investors to support the construction of the new office building for Infineon in northern Bucharest.

Business Forum   |   8 May, 2025 at 9:44 AM

Industrial leasing in Romania up 31% in Q1 2025

The Romanian industrial and logistics market  has recorded a 31% year-over-year increase in leased space, totaling nearly 260,000 sqm during Q1 2025, according to a new report by Cushman & Wakefield Echinox. 

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Electrica secures grid permits for 700 MWh of storage
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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.