Endava to facilitate app migration to Romania's Government Cloud
Endava, the technology-driven business transformation group, has signed a Framework Agreement with the Authority for Digitalisation of Romania (ADR).
Endava, the technology-driven business transformation group, has signed a Framework Agreement with the Authority for Digitalisation of Romania (ADR).
The Metaminds-Trencadis Corp Association has secured a framework agreement to provide internal cloud TIC solutions and products for Romania's Governmental Cloud project.
Over 119,500 residential units were sold in Romania in the first nine months of 2025, a similar level with that recorded in the same period of 2024 (down only 0.3%), according to a market analysis by SVN Romania and based on official statistics of the National Agency for Cadastre and Land Registration.
Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.
Romania is ranked fourth among European countries with the most affordable housing, according to the Deloitte Property Index 2025.
Romanians spent over €3 billion on international travel in the first four months of 2025, a 15% increase compared to the same period in 2024.
Romanian property holding Meta Estate Trust has purchased four villas within the Radisson Blu Grand Mountain Resort Brașov, currently under development, in a deal worth €1.52 million.
Beer producer Ursus Breweries, part of Asahi Europe & International, has named Dan Timotin as its new Managing Director for Romania.
During Q1 2025, the Brașov-Ghimbav International Airport saw a total of 56,897 passengers, more than double the figure for the same period in 2024.
Courier company Sameday has announced the operational launch of its new logistics centre in Ghimbav, Brașov county.
Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.
This transformation aligns the Brașov store with the first stores worldwide, such as those in Paris, London, and Brussels, which have already implemented the new identity.
Bucharest's short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
Industrial developer VGP is expanding a building in VGP Park Brașov by 13,813 sqm, with 20% of the new space already leased.
The project is already under construction in a 2.6 hectares mountain meadow near Brasov, in the immediate vicinity of a secular forest in the Carpathian Mountains.

State-owned gas producer Romgaz concluded the subscription process for its second issue of bonds under the Euro Medium Term Notes Program (EMTN Programme) on October 28.
State-owned hydroelectricity producer Hidroelectrica reported a significant 23% drop in net electricity production for the nine months of 2025, compared to the same period in 2024.
OMV Petrom recorded a 13% decrease in its net profit over the first nine months of the year. Net profit fell to RON 3.4 billion (€668.4 million), while organic investments saw a 28% increase,
Courier firm Sameday has announced a significant investment of over €80 million in 2025, dedicated to technology, regional expansion.
Nusco Imobiliara has listed its first corporate bond issue on the Multilateral Trading System (SMT) of the BVB.