Iulius and Atterbury Europe have begun construction on Rivus Cluj-Napoca, Romania's largest urban reconversion real estate development.
Iulius and Atterbury Europe have completed a €40 million investment in the expansion of Iulius Mall Suceava.
Romanian developer Iulius has obtained the urban zoning plan (PUZ) from the local council for a new urban regeneration project in Cluj-Napoca that will have a planned investment of more than €500 million.
Romania's Q1 of 2026 marks a shift in economic pressure from small businesses to larger companies with significant economic impact. According to analysis by CITR, the country's leading insolvency and restructuring firm, 19 companies with assets exceeding €4 million each entered insolvency in Q1 2026, compared to just two in the same period last year.
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.
The European Commission (EC) has finalised the signing of the SAFE loan agreement with Romania.
Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.
Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.