Tag: Cluj-Napoca (38 articles)

Real estate   |   25 September, 2025 at 9:25 AM

Former industrial sites drive Romania's urban regeneration boom

Bucharest continues to lead Romania's transformation of former industrial platforms due to its market scale and high number of available sites. The capital generates the largest volume of land transactions within urban areas, primarily through industrial space conversion, according to Cushman & Wakefield Echinox. Investors increasingly target mixed-use developments integrating retail, office, and residential components.

Real estate   |   9 July, 2025 at 9:28 AM

Romanian resi sales fall in H1 2025

The Romanian residential market experienced a notable downturn in H1 2025, with national home sales decreasing by 3.4% compared to the same period last year. Approximately 74,500 residential units were sold across the country. The Bucharest and Ilfov region, a key market, saw an even steeper decline of 7.9%, with around 25,700 units sold.

Real estate   |   27 June, 2025 at 4:23 PM

CEE emerges in race for AI talent

Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.

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Industry

Bozankaya to supply 10 more trams in Timișoara

Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.

Energy

MOL Group reports 11% drop in pre-tax profit during 2025

MOL Group disclosed its financial results for 2025, showing profit before tax of $1.3 billion, representing an 11% decrease compared to 2024. The Hungarian energy company faced a challenging macroeconomic environment, but strong downstream and consumer services results supported overall profitability.