Tag: Romania (1077 articles)

Real estate   |   3 February, 2025 at 8:42 AM

M Core fully purchases MAS strip malls in Romania

M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.

Real estate   |   30 January, 2025 at 10:03 AM

Genesis Property names new CEO

Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group. 

Real estate   |   30 January, 2025 at 9:33 AM

Retail deliveries in Romania fall 15% in 2024

New retail projects with a combined leasable area of around 180,000 sqm were completed in Romania during 2024, down by around 15% versus 2023, with retail parks accounting for the biggest share of deliveries, according to Cushman & Wakefield Echinox. 

Real estate   |   23 January, 2025 at 6:19 PM

Roca Industry names new CEO

Camelia Ene has been appointed CEO of Roca Industry, the first Romanian holding company of construction materials manufacturers. She is replacing Ionuț Bindea, who hold the roles of Chairman of the Board and Senior Investment Manager of Roca Investments.

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Economy

ING: Middle East conflict delays CEE rate cuts as energy prices surge

The Middle East conflict is driving up energy prices and pushing inflation higher across CEE. Oil and gas shocks hit import-dependent economies hardest, forcing central banks to postpone planned rate cuts as markets turn risk-off, according to an analysis by ING Bank.

Industry

Romanian car sales drop 24% in February

New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).