Tag: Cluj-Napoca (45 articles)

Real estate   |   20 April, 2026 at 12:00 PM

Offices dominate property deals in Romania during Q1 2026

Romania's real estate investment market recorded a total volume of approximately €152 million in Q1 2026, in a context marked by investor caution and selective activity, according to a report prepared by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

Real estate   |   3 March, 2026 at 12:30 PM

Romanian housing supply hits eight-year low in 2025

New housing deliveries and transaction numbers fell by approximately 5% in 2025 compared to the previous year, according to Colliers' annual report. While deliveries dropped to their lowest level since 2017, sales volumes remained around 20% above the pre-pandemic average.

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.

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Finance

CEC Bank gets rating upgrade from Fitch

Fitch Ratings has upgraded CEC Bank's Long-Term Issuer Default Rating from BB to BB+ with a Stable Outlook, following the publication of Fitch's updated Bank Rating Criteria on 8 May 2026.

Industry

EIB to advise Antibiotice on governance upgrade

The European Investment Bank (EIB) will advise Antibiotice, Romania's largest pharmaceutical company with majority Romanian capital, on strengthening its corporate governance to support future growth. Under a new advisory services agreement, the EIB will work with Antibiotice to align its risk-management framework and business operations with international best practice in the pharmaceutical sector.