Real estate

Business Forum   |   5 November, 2025 at 6:16 AM

Meta Estate Trust names new CEO

Romanian property holding Meta Estate Trust has appointed Dan Petrișor as its new CEO, effective January 2026, following a Board of Directors decision from October 31st.

Business Forum   |   4 November, 2025 at 3:57 PM

Penny opens €35 million logistics centre near Bucharest

Penny Romania retail chain has inaugurated its new logistics depot in Mihăilești, Giurgiu County, near Bucharest, marking a €35 million investment in sustainable infrastructure. The facility is the first in the company's network to operate entirely without gas heating, using waste heat recovery systems and heat pumps instead.

Business Forum   |   4 November, 2025 at 3:46 PM

Globalworth renews Access4you certification for entire Romanian portfolio

Globalworth has renewed its Access4you certification for all 16 office buildings in its Romanian portfolio, totaling almost 500,000 sqm. The recertification, conducted with consultancy services from Colliers, marks the second three-year certification cycle for the leading office investor in CEE.

RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

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.