Romanian developer Iulius says its entire portfolio holds green certifications or is pending certification, with more than 500,000 sqm being included in the LEED standard for green buildings.
Bog'Art Building Management, the facility management company part of Bog'Art Group, has appointed Tudor Marchiș as CEO.
Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.
According to the study, the Responsible Behavior and Insurance Benchmark of Romania—55% of Romanians describe themselves as optimistic, while 15% adopt a pragmatic approach.
A development strategy focused on advanced services, automation, and niche analysis, such as ESG, will allow Romania to harness the enormous potential of this industry.
Evo Properties, the owner of London & Oslo office buildings in Western Bucharest, has reached a 50% lease rate this year and aims to reach an occupancy rate of 85% by the end of 2025. At the same time, it continues to transform the project into a mixed-use hub that will include a premium hotel.
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
Martin Polák, Managing Director of GARBE Industrial Real Estate Central Eastern Europe CEE leading GARBE expansion to Romania.
German developer Garbe Industrial Real Estate has set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments.
In a significant step towards global tax fairness, both Romania and Türkiye have adopted these rules to create a level playing field for businesses in the market.
The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade.
Only half of the CEE countries saw an increase in turnover among the top 500 companies, revealing disparities in economic performance.
Customers who make a Genius annual subscription of RON 69 receive 6 eMag vouchers x RON 25 and a surprise voucher in Fashion Days.
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
Square 7 Properties and Mitiska REIM have inaugurated Pitești Shopping Park, a new shopping center located in the northern area of Pitești, following an investment of €19 million.
The Bellemonde residential complex in Pipera, near Bucharest, is recording growth in sales for its villas and apartments.
The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.
Mortgage loans worth €5.5 billion were granted in total at a national level in the first eight months of 2024, up 49% compared with the same period of last year, according to data from the National Bank of Romania (NBR).
Investors are still on hold today. As Property Forum's recent survey showed, two-thirds of investors are expected to continue to take a ‘wait and see' stance and look for a better vision of the future in the coming period. But, as the speakers of the investor expectations panel of SEE Property Forum 2024 showed, there are opportunities available all over CEE, including Romania.
The Federation of Construction Companies' Employers (FPSC) has voiced concerns regarding the Government's recent fiscal and budgetary measures.
Delivery platform Bolt Food and financial infrastructure supplier finmid have launched a new financing program for thousands of small and medium-sized businesses (SMBs).
While businesses are increasing their investment in Environmental, Health and Safety (EHS) initiatives, many are failing to integrate them into their long-term strategies.
Croissant manufacturer Derpan, part of the Golden Foods Snacks group, has successfully completed a private placement of corporate bonds.
The wholesale trade sector experienced an overall decline in H1 2025 compared to the same period in 2024.