Real estate

Business Forum   |   31 March, 2026 at 7:35 PM

Bucharest leads resi sales in early 2026

Bucharest recorded the highest number of residential transactions in Romania during the first two months of 2026, while Brașov emerged as the top regional market, according to analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance, based on ANCPI data.

Business Forum   |   31 March, 2026 at 6:45 PM

Luxury brands hit €150 million sales record in Bucharest

Bucharest is emerging as a key luxury retail destination in CEE, supported by rising purchasing power, growing tourism (over one million foreign tourists spent at least one night in the capital in 2025), and consolidation of prime high street locations, according to Cushman & Wakefield Echinox.

Business Forum   |   31 March, 2026 at 5:45 PM

BT finances Hampton by Hilton Venice hotel with €50 million

Banca Transilvania, Romania's banking leader, has completed its largest cross-border financing to date with a €50 million loan for Hampton by Hilton Venice Isola Nuova. The loan, provided through BT Italia branch, refinances the hotel's development costs.

Business Forum   |   30 March, 2026 at 8:19 AM

Influential urbanist Charles Montgomery to keynote Iași summit

Charles Montgomery, author of Happy City and ranked among the world's 100 most influential urbanists, will be the international keynote speaker at Tilia – Romanian Cities Summit on April 23-24 in Iași. This marks Montgomery's first visit to Romania.

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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.