Real estate | 29 January, 2025 at 3:33 PM
Leroy Merlin leases 11,000 sqm in Mall Moldova
DIY retailer Leroy Merlin has leased around 11,000 sqm for a new store that will open in Iași-based Mall Moldova during H1 2025.
DIY retailer Leroy Merlin has leased around 11,000 sqm for a new store that will open in Iași-based Mall Moldova during H1 2025.
Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.
BT and BT Investments have received approval from the Financial Supervisory Authority to acquire BRD Pensii and the BRD mandatory private pension fund (pillar 2).
Romanian inflation eased slightly to 9.8% in October from 9.9% in September, with declining food prices providing some relief while services inflation remained elevated. The National Bank of Romania is expected to maintain current rates until mid-2026.
Vastint Romania has signed a new lease agreement with Expur for 940 sqm in Building A of Business Garden Bucharest. The oil processing company is relocating its headquarters to the modern office complex.
BT and BPC have completed Romania's first pilot of the EU Digital Identity Wallet (EUDIW) for payments, allowing cardholders to authenticate online purchases with their European Digital ID.