Hagag Development Europe has resumed construction works for Phase I of its H East Residence project and plans to deliver the first homes in Q4 2026, following an investment of €43 million.
Electrica Group recorded a net profit of 53.2% during Q1 2025 to RON 195.7 million (€39.3 million), while the operational revenues grew by 23.6% to RON 3.2 billion (€638.2 million).
The Romanian new mortgage market is projected to exceed €5 billion in 2025, with over 76,000 loans granted, excluding refinances and restructurings, according to a report by Ipotecare.ro and SVN Credit Romania.
Location, intelligent layouts, and a robust array of amenities are the paramount criteria for buyers seeking premium homes in northern Bucharest, shows a recent qualitative study commissioned by Cloud9, part of Romanian developer Alfa Group, and conducted by Unlock.
STC Partners has secured €20 million in funding from BT for the development of the Bucharest-based Quartier Ferdinand residential complex.
Terra Romania Utilaje de Construcții, part of Austrian construction equipment distributor Terra Holding, has opened its new HQ in Brașov, following an investment of €2.7 million.
Vastint Romania has officially launched the second phase of Timpuri Noi Square, its flagship urban regeneration project in Bucharest.
Bucharest's industrial and logistics market has experienced significant growth, with its modern leasable space nearly quadrupling over the past decade to exceed 3.6 million sqm, according to a Colliers analysis.
The Romanian retail market experienced a substantial surge in April and May 2025, with approximately 150,000 sqm of new retail schemes delivered, including the super-regional Mall Moldova in Iași.
Radisson Hotel Group has announced a raft of new developments in Romania, as it sees the country as a pivotal market for growth.
Property Forum is proud to present the fifth edition of its annual listing of the 50 most influential people in the Romanian real estate market. The publication, along with all previous editions, is now available on the Property Forum website.
Romania's Ministry of Energy is aiming to commission a study on the potential of offshore wind projects in the Black Sea and is looking to receive feedback from the industry.
Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD.
Romania has elected a new president in a landmark vote, with independent and pro-European candidate Nicușor Dan defeating far-right rival George Simion with 54% of the vote. The result marks a major political shift, as neither of Romania's traditional parties advanced to the final round. In Poland, the second round of the election is to take place amidst the fiscal clarity issues.
The Romanian construction sector recorded a 3.1% growth in the volume of works in March 2025 compared to March 2024, adjusted for the number of working days and seasonality, according to the National Institute of Statistics (INS).
Romanian entrepreneur Daniel Ștefănescu, owner of mobile phone distributor Gersim, has purchased the IPA office building in northern Bucharest from a group of investors.
In a significant political shift for CEE, Romania elected Nicușor Dan as president on May 18, 2025, while Poland's pro-European candidate Rafał Trzaskowski narrowly led the first round of its presidential election. These outcomes suggest a regional move toward centrist, pro-EU leadership.
Iulius and Atterbury Europe have completed a €40 million investment in the expansion of Iulius Mall Suceava.
The office space market across CEE experienced a slowdown in demand during Q1 2025, with less than 30,000 sqm of office space delivered across the region, according to Cushman & Wakefield Echinox.
Prima Development Group has announced the completion of a residential complex in northern Bucharest totaling 482 units.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.