Real estate

Business Forum   |   18 July, 2025 at 8:03 AM

How is Goldbach Group banking on retail growth in smaller cities

Elena Oancea, Co-CEO of Goldbach Group, talked to Property Forum about the group's ongoing developments in the retail parks niche, the focus on sustainability in its construction and interior design divisions and its pipeline of photovoltaic projects in Romania.

Business Forum   |   17 July, 2025 at 1:58 PM

EnVogue Residence to add Hilton hotel in Bucharest project

Local developer EnVogue Residence will include a Hilton Garden Inn hotel in the final construction phase of the EnVogue Residence – Iuliu Maniu project. The hotel will be part of a new, two-section building whose structure has already been finalised.

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Real estate

Concelex eyes 70% revenue growth in 2026

Romanian construction company Concelex recorded revenues of RON 1.48 billion (€296 million) in 2025, representing a 17 per cent increase compared to the previous year.

Energy

Polytrade Global triples revenue in 2025, eyes European push

Polytrade Global, a Romanian group specialising in energy infrastructure, the supply of electrical equipment, and renewable energy projects, closed 2025 with a turnover of around €21.5 million, a 173% increase on the previous year, and a net profit of €579,000.

Energy

Electrica advances €27.9 million Satu Mare solar project

Electrica announces the completion of the competitive procedure for the selection of an EPC Contractor and the signing, by its wholly owned subsidiary New Trend Energy, of the contract for the Satu Mare 3 photovoltaic project.

Finance

Christian Tour shares start trading on BVB

Christian Tour debuted on the BVB on 22 June, trading under the ticker symbol TRIP. The listing follows an IPO valued at RON 149 million (€28.4 million), with a 121% subscription rate. It is the first company from the organised tourism sector to debut on the local capital market.