Real estate

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.

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Electrica secures grid permits for 700 MWh of storage

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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.