Real estate

Business Forum   |   19 September, 2024 at 10:06 AM

NewCold enters Romania with land purchase

NewCold, specialized in automated and cold chain international logistics, has entered the Romanian market through a 9-hectare land plot acquisition from WDP in northern Bucharest, for an undisclosed sum. The land is located close to the new A0 ring road of Bucharest.

Business Forum   |   17 September, 2024 at 11:28 AM

Garbe explores entry into Romania

Germany's Garbe group, specialised in industrial investment, is looking to start operations in Romania and develop its first local projects. 

Business Forum   |   17 September, 2024 at 10:48 AM

Renewals drive office leasing in Bucharest during H1 2024

Contract renewals accounted for approximately 50% of office transactions in Bucharest during H1 2024, while the total demand fell to around 160,000 sqm, according to a Colliers report. 

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Energy

OMV Petrom locks in €800 million biofuels supply deal

OMV Petrom concluded a sales contract with OMV Downstream GmbH, a fully owned subsidiary of OMV AG, for part of the Sustainable Aviation Fuel (SAF) and Hydrotreated Vegetable Oil (HVO) to be produced at the Petrobrazi refinery.