Tag: Bucharest (381 articles)

Real estate   |   22 June, 2026 at 9:03 AM

Talent is reshaping the office

The workplace is being redefined by far more than hybrid working. As businesses adapt to AI, changing employee expectations and growing ESG ambitions, the office is evolving into a strategic tool for attracting talent, strengthening culture and improving performance. These themes were at the centre of the workplace panel at Bucharest Business Forum 2026, where experts agreed that successful workplaces are no longer measured by efficiency alone, but by the experience they create for employees.

Real estate   |   18 June, 2026 at 2:45 PM

Autonet renews 26,000 sqm lease at CTPark Bucharest South

Industrial developer CTP has agreed a seven-year extension of its partnership with Autonet, a Romanian importer and distributor of automotive parts and accessories. The company has renewed the lease for the entire 26,000 sqm facility it occupies at CTPark Bucharest South, continuing a collaboration that began in 2021.

Industry   |   11 June, 2026 at 12:09 PM

Iulian Stanciu sells eMAG stake to Prosus

Romanian entrepreneur Iulian Stanciu has announced the sale of his stake in eMAG Group to Prosus, 17 years after taking over the company and 14 years after signing the partnership with Naspers (Prosus).

Real estate   |   10 June, 2026 at 2:30 PM

Romanian cinema revenues hit record in 2025 as ticket prices rise

Romanians spent €63 million in cinemas in 2025, a record level for the local market, reflecting a 7% increase compared with 2024, while the number of admissions remained stable at 11.2 million, according to data from the Romanian Film Center analysed by Cushman & Wakefield Echinox.

Real estate   |   5 June, 2026 at 10:01 AM

New guide helps companies choose coworking spaces beyond price

Companies and entrepreneurs looking to lease coworking spaces in Romania can now evaluate the best market options using multiple criteria including economic efficiency, workplace quality and technical specifications, according to a new guide developed by Beyond Space in partnership with Cushman & Wakefield Echinox.

Real estate   |   4 June, 2026 at 12:01 PM

Cordia breaks ground on Bucharest project with 12% pre-sales

Cordia Romania has marked a milestone with the cornerstone ceremony of Centropolitan, its residential project in central Bucharest near Bucharest Mall and Alba Iulia Square. The event, attended by Tibor Földi, Chairman of Cordia Group, and Mauricio Mesa Gomez, Chairman of Cordia Romania and Spain, signals the official launch of construction for the 274-apartment development.

Real estate   |   25 May, 2026 at 8:53 AM

Long-term thinking is becoming real estate's biggest advantage

At Bucharest Business Forum 2026, the closing panel brought together senior executives from residential, logistics, and asset management to explore how Romania can unlock its next phase of growth. Moderated by Ana Dumitrache, CEO, Olympian Parks, the discussion ranged from unlearning old market reflexes and rethinking “location,” to the disruptive impact of AI and the structural gaps still holding Romania back versus peers like Poland. Despite working in different segments, the speakers converged on a few core themes: long‑term value over short‑term volume, community and quality over simple density, and disciplined governance as the missing ingredient for Romania's full potential.

Real estate   |   21 May, 2026 at 4:30 PM

Pre-lease deals drive Bucharest office market recovery

The Bucharest office market is showing early signs of recovery, driven by a visible increase in pre-lease transactions, highlighting renewed occupier appetite for future office spaces. As tenants secure their leases well in advance, the current development pipeline exceeding 215,600 sqm, the highest level in recent years, is expected to be gradually absorbed, according to data from Cushman & Wakefield Echinox.

Real estate   |   18 May, 2026 at 11:44 AM

Romania's hotels see higher earnings, fewer tourists in 2025

Romania's hotel industry recorded a 16% increase in turnover in 2025, reaching €2.2 billion, according to a Crosspoint Real Estate report, but the drivers behind this growth signal a structural shift. The advance is driven primarily by rate increases and the upscale segment, while overall demand has shown the first signs of softening.

RECOMMENDED FROM THE HOME PAGE
OMV Petrom completes €140 million investment at Petrobrazi refinery
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.

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

NextPower rolls out solar tech for European sites

NextPower, a provider of solar and power technology solutions for utility-scale power plants, has launched new solar tracker and foundation technologies designed to simplify installation, increase site flexibility and support the performance of solar projects.