Real estate

Business Forum   |   14 July, 2025 at 8:49 AM

Ansi buys land in northern Bucharest

Local developer Ansi has purchased a land plot in northern Bucharest from GTC, where it plans to kick off the construction of a new premium residential project.

Business Forum   |   11 July, 2025 at 2:53 PM

Hillwood enters Romania with two industrial projects

Industrial developer Hillwood has announced its strategic expansion into the Romanian market, marking a significant development of its European footprint that includes Poland, Germany and the UK.

Business Forum   |   11 July, 2025 at 8:25 AM

Beyond Bucharest: Hagag co-founder reveals where he is investing next

Yitzhak Hagag, Co-Founder and Chairman of Hagag Development Europe, talked to Property Forum about the company's investment pipeline north of €360 million and its ongoing developments in luxury retail, offices, residential and mixed-use projects.

RECOMMENDED FROM THE HOME PAGE
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.

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.

Energy

OMV Petrom completes €140 million investment at Petrobrazi refinery

OMV Petrom, an integrated energy producer in South-Eastern Europe, commissioned a new aromatics unit at Petrobrazi, following an investment of around €140 million. The unit has a capacity of 150,000 tons per year of toluene and benzene, improving the refinery's production mix and energy efficiency while reducing environmental impact.