Horațiu Papakonstantinou-Florescu, Chairman & CEO Romania, Hungary, Greece, Bulgaria, Serbia at Knight Frank, talked to Property Forum about the dominance of lease renewals, the anticipated 2026 delivery wave, and how Bucharest's high yields and infrastructure projects continue to attract multinational tenants.
Companies have contracted office spaces for over 7,000 new employees in the first half of 2025, with new demand totaling 64,300 sqm on the Bucharest market, according to a report by Cushman & Wakefield Echinox.
The Romanian Ministry of Energy has initiated a draft government decision to place all local entities owned by the Russian group Lukoil under extended supervision.
State-owned hydroelectricity producer Hidroelectrica has published its preliminary operational results for 2025.
Arobs Transilvania Software has obtained the ISO/IEC 42001 AI Management System certification, becoming the first company in Romania to complete this certification process.
Hanwha Aerospace Romania has begun construction of a factory in Petrești, Dâmbovița county, to produce K9 self-propelled howitzers and K10 ammunition resupply vehicles.
Romanian FMCG distributor Aquila has completed a 24-month digitalisation project to standardise human resources processes across its group operations.