Local developer Global Vision is taking its first step into the Romanian retail market with the development of Oradea Retail Plaza, a commercial project valued at €10 million.
Diehl Aviation, a leading aviation industry supplier, has begun construction on a new production facility in Craiova, in response to increasing demand in the aviation sector.
Industrial developer Global Vision has announced the appointment of Antoanela Comșa as Deputy CEO.
Commercial real estate investments in Romania reached €750 million in 2024, marking a 58% increase compared to the previous year, though slightly below the €800 million annual average recorded over the past decade, according to a Colliers report.
The platform, designed to enhance sustainability, operational efficiency, and responsible governance, was officially announced at a major business event in New York.
Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects.
The Technology and Innovation Division will focus on deploying advanced AI-based systems for ESG management, streamlined operations, and data-driven decision-making.
The three acquired entities own a portfolio of assets comprising three warehouse projects of 136,374 sqm and a large plot of land in Constanta.
Global Vision's joint venture with Globalworth completed the divestment of 136,374 sqm of leasable area and a plot of land in Constanta.
Linia Projects space is dedicated to furniture production and interior design, covering 6,000 square meters of production area.
Carmistin The Food Company has secured financing of approximately €500 million to continue investments in agriculture and the food industry through a partnership with a bank syndicate.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its ESG performance.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.
Griffes has leased 6,000 sqm of office space in Unirii View, one of Bucharest's Class A office buildings. Of the total space leased, 2,000 sqm represents new tenants, while three existing tenants expanded their operations.