Tag: Constanta (19 articles)

Real estate   |   26 January, 2026 at 8:42 AM

Romanian mortgage market grows 6.4% with regional shifts

Over 92,100 mortgages were tabulated in Romania in 2025, up 6.4% compared to the previous year, with Bucharest, Ilfov, Timiș and Cluj being the areas where the largest numbers of mortgage loans were granted, according to a market analysis by online broker Ipotecare.ro.

Real estate   |   3 November, 2025 at 11:11 AM

Olympian Parks appoints Ana Dumitrache as new CEO

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.

Real estate   |   9 October, 2025 at 11:14 AM

Romanian home sales stagnate as Bucharest market declines

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.

Real estate   |   23 September, 2025 at 1:44 PM

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

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.

Energy   |   13 March, 2025 at 3:00 PM

EIB backs 400MW wind farm in Romania

The European Investment Bank (EIB) is committing up to €30 million to co-finance a major onshore wind farm project in the eastern part of the country, near the Black Sea coast.

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Energy

Simtel Team appoints new CEO

Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.

Industry

Romania's public administration seeks shared service centres

The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.