Olympian Parks, owned by Helios Phoenix, has appointed Ana Dumitrache as CEO starting 1st November. The light industrial and logistics platform aims to strengthen its market position and grow towards 500,000 sqm in the medium term by leveraging its existing portfolio and land bank.
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.
BraveX Aero, a Cluj-based startup specialising in industrial drones, has secured €315,000 in funding from investors in the Transylvania Angels Network.
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
According to the data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 3,376 real estate units were sold in May 2024.
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.
Outside Bucharest, companies leased less than a fifth of the total traded area in Bucharest.
Romanian e-commerce giant eMAG is gearing up for its 15th annual Black Friday event on November 7, which the company expects to set new records for the online commerce industry.
BT and the Investment and Development Bank (BID) have concluded an agreement to support the development of investment projects intended for infrastructure and local communities.
SMEs enjoy the highest level of confidence among Romanian consumers, according to a new study commissioned by Visa, a global leader in digital payments.
In October, there was a significant rise in insolvency filings, signalling mounting pressure on the business environment.
CruiseHub, part of the Aerotravel group, has become the first travel agency in Romania to organise an expedition-type group cruise to Antarctica.