Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.
In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.
Property Forum's annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 22 October 2024. The list of award categories is already available and the nomination period has just been extended by four days until September 20th. In this article, we answer all potential questions related to the nomination process and explain how the winners will be selected.
Romanian investor and developer River Development has announced its rebranding as Sema Real Estate, with all current and new projects to be reunited under this umbrella.
The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars.
Eleven programmes financed through the second Swiss Contribution, with a total value of around CHF 221.5 million (€240 million), are now in implementation in Romania.
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.
Raiffeisen Asset Management (RAM) manages around 15% of the financial assets of Raiffeisen Group's individual clients in Romania, almost double the market average.
Romania registered the highest annual inflation rate in the bloc for May 2026, reaching 9.7%, according to Eurostat.
PPC Blue Romania, part of the PPC group in Romania, has signed a partnership with Dedeman, a Romanian-owned DIY retailer, for the installation and operation of electric vehicle charging stations across Dedeman's national store network, both existing and future locations.