Real estate

Business Forum   |   3 September, 2025 at 2:26 PM

Agora Mall Arad reopens following major refurbishment

Agora Mall Arad reopened its doors following an extensive renovation and repositioning process, with strategic consultancy provided by the retail team at Cushman & Wakefield Echinox.

Business Forum   |   2 September, 2025 at 12:05 PM

Hornbach to open fourth store in Bucharest

DIY retailer Hornbach will inaugurate its tenth local store on September 3. The new location, the fourth in Bucharest, represents an investment of more than €48 million.

Business Forum   |   2 September, 2025 at 9:16 AM

Romanian construction sector hits new headcount record

The Romanian construction market has reached a new historic milestone with 460,000 employees as of the end of May 2025, also marking a 7% increase in the volume of works during the first five months of the year compared to the same period in 2024. 

Business Forum   |   1 September, 2025 at 5:31 PM

Homing Properties starts €60 million villa project near Bucharest

Property developer Homing Properties, specialising in the mid-to-high residential segment, has contracted Mantor General Contractor to begin construction on the first phase of the luxury residential project, Homing Village, located in Pipera, near Bucharest.

Business Forum   |   1 September, 2025 at 9:36 AM

CTP names new Managing Director for Romanian operations

Industrial developer CTP has appointed Ronald Binkofski as the new Managing Director for Romania, as part of the company's plan to achieve an annualised rental income of €1 billion across its European portfolio by 2027.

Attila Bacsa   |   28 August, 2025 at 6:41 PM

Prague ranks as third least accessible housing market in Europe

The European property market has begun to adapt to new conditions. The latest data, based on a survey in 28 countries across Europe, has clearly confirmed this, according to the 14th edition of the Deloitte Property Index.

Business Forum   |   28 August, 2025 at 9:13 AM

Resi institutional investments expected to grow in Romania

Investment in Europe's residential sector has grown by 15% year-on-year to €13.3 billion in H1 2025, according to Savills. However, Romania remains at the bottom of the list for institutional residential investments. 

Business Forum   |   27 August, 2025 at 11:25 AM

Romanian mortgage market posts best first half in five years

More than 50,000 new mortgage loans were granted in H1 2025, marking the best first semester in the last five years, according to an analysis by Ipotecare.ro and SVN Romania | Credit & Financial Solutions. 

Business Forum   |   22 August, 2025 at 11:59 AM

Bucur buys office building in Bucharest

Romanian real estate company Bucur, controlled by Longshield Investment Group, has purchased the CSDA Siriului office project in northern Bucharest for an undisclosed sum.

Business Forum   |   20 August, 2025 at 4:30 PM

Romania's hotel market enters new growth cycle with rising investor interest

CBRE has reported almost €1 billion in hotel transactions across Central and South-Eastern Europe over the past year, alongside around 20 operator search and selection processes, according to its Hotels CEE team. Notable transactions included the sale of Hilton Prague, one of the largest single-asset hotel deals recorded in the region.

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Finance

BT launches EUDIW pilot in Romania

BTa and BPC have completed Romania's first pilot of the EU Digital Identity Wallet (EUDIW) for payments, allowing cardholders to authenticate online purchases with their European Digital ID. The project is part of the EU Digital Wallet Consortium's large-scale pilot funded by the European Commission (EC) to advance the eIDAS 2 regulation, which requires all EU banks to accept EUDIW for KYC and strong customer authentication by 2027.

Industry

Aquila posts 17% revenue growth on nine months

Romanian FMCG distributor Aquila reported a 17% increase in revenues to approximately RON 2.5 billion (€500 million) in the first nine months of 2025, driven by strong performance in its distribution and logistics segments.