Koramic Real Estate Romania, the local division of the Belgian family office Koramic Investments, has announced a total investment of €30 million for two new residential projects in Romania.
Local developer City Garden Residence has announced the completion of the second phase of its Bonton Luxury Villas residential complex in Pipera.
Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities.
Romanian developer Ima Residence, controlled by local entrepreneur Claudiu Diaconu, is launching a new boutique project in Pipera, northern Bucharest, backed by a €15 million euro investment.
Romanian developer Bellemonde is set to expand its residential project in Pipera, near Bucharest, will take the total investment to around €70 million.
Residential developer Homing Properties will invest €35 million in a new complex comprising 140 luxury villas, in Pipera, near Bucharest.
Romanian football player Florin Tănase and FIFA agent Florin Vulturar have jointly started the development of a new residential project in Pipera, located in the northern region of Bucharest.
The Bellemonde residential complex in Pipera, near Bucharest, is recording growth in sales for its villas and apartments.
The groundwork and all foundation excavation have already been completed for the Bellemonde project, which will benefit from a total investment exceeding €40 million.
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
The project will be developed on a total land area of 65,000 sqm and will comprise 140 villas with a total built-up area of 32,000 sqm.
Nobis Gardens is a luxury residential project, comprising only villas, where the first phase will be delivered by the end of 2024, and the second phase in mid-2025.
Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries.
Romania's Ministry of Finance has signed financing agreements for two major investment projects in the automotive sector.
Infinity Capital Investments has reached an agreement to sell all its shares in sunflower oils producer Argus Constanţa to the Bulgarian agri trader Buildcom.
BT reported a net profit of RON 1.78 billion (€359.1 million) for H1 2025, a slight decrease of 1.9% compared to the RON 1.81 billion (€365.1 million) recorded in the same period of 2024.
PPC Renewables Romania has installed the first turbines at what will be the largest wind farm in the Moldova region, marking a new phase in the project's construction.
The Board of Directors of Transport Trade Services (TTS) has announced a significant leadership change, appointing Ana Bobircă as the new Chairwoman.