Alesonor and Strabag begin second phase of resi project near Bucharest
Alesonor and Strabag Romania have started construction work for the second phase of the Amber Forest suburb in Tunari, near Bucharest.
Alesonor and Strabag Romania have started construction work for the second phase of the Amber Forest suburb in Tunari, near Bucharest.
Residential developer Alesonor has appointed Strabag Romania as general contractor for the construction of Phase II of the Amber Forest suburb in Tunari, Ilfov County.
Alesonor has partnered with Pescariu Sports&Spa to create a 12,000 sqm sports and leisure complex within the Amber Forest suburb, with a planned investment of €8 million. The project will feature outdoor tennis and padel courts, two leisure pools, and a 2,200 sqm central building including a semi-Olympic swimming pool, spa, and fitness club.
Alesonor has started the construction of the Verita International School & Kindergarten campus within the Amber Forest complete suburb.

The European Commission (EC) has finalised the signing of the SAFE loan agreement with Romania.
Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.
Hidroelectrica signed a €188.5 million contract for the refurbishment of Râul Mare Retezat Hydropower Plant. The project aims to modernize and improve the efficiency of the company's generation capacities.
E.ON has successfully issued two tranches of green bonds worth €1.3 billion, bringing its total funding since the beginning of the year to €4.3 billion.
Foreign direct investment (FDI) in Europe declined in 2025, marking a period of slowdown and structural transformation of the investment landscape.