Havelsan and Karel Europe look to expand in Romanian defense sector
Turkish defense tech supplier Havelsan and Karel Europe, the Romanian subsidiary of Karel, have signed a strategic Memorandum of Understanding (MoU).
Turkish defense tech supplier Havelsan and Karel Europe, the Romanian subsidiary of Karel, have signed a strategic Memorandum of Understanding (MoU).
Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025.
NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.
The Government has announced the death of former Romanian President Ion Iliescu. The former Head of State passed away on August 5 at the "Prof. Dr. Agrippa Ionescu" Clinical Emergency Hospital.
CarmOlimp Group has acquired the Victory Hotel in Vama Veche resort, a year after opening a brewery on the hotel's ground floor.
Nicolae Ciobanu, Managing Partner – Head of Advisory at Fortim Trusted Advisors, talked to Property Forum about the firm's growth in office leasing and land transactions, as well as the outlook on rents and the role of the defense sector in boosting industrial demand going forward.
Romanian public investment fund Lion Capital is the main buyer of a new bond issuance of PK Development Holding, a company controlled by Prime Kapital, which is guaranteed by a mortgage in the recently opened Mall Moldova.
M Core is expanding its Romanian portfolio with a new retail development located in Bucharest.
Local developer One United Properties has signed a preliminary agreement to acquire a plot of land located on the former FLARO industrial platform in Sibiu.
Liberty Galați's restructuring plan was officially approved by creditors and the Galați Tribunal at the start of August.
Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.
Star Residence Invest has signed a letter of intent to acquire an office building in central Bucharest for €19 million.
More than 417,000 sqm of industrial space were leased in H1 2025, marking an over 20% increase compared to the same period in 2024, according to Colliers data.
Ádám Ambrus, Manager of Amera Grup, talked to Property Forum about the company's ongoing investment of €7 million in the first Accor-branded hotel in Cluj-Napoca and the trends shaping new investments in the city.
PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million.
The Romanian residential market is experiencing a significant evolution, with notable shifts in buyer and renter priorities over the past two years, find a recent survey conducted by iO Partners in collaboration with Storia.
Mozaik Investments has announced the acquisition of a majority stake in Genesis College, one of Romania's largest private educational institutions.
Companies in Romania leased over 500,000 sqm of industrial and logistics spaces in H1 2025, marking a significant 25% year-on-year increase compared to the same period last year, according to a report by Cushman & Wakefield Echinox.
Romanian developer Hils Development has obtained a loan of RON 99 million (close to €20 million) from Libra Internet Bank for the construction of Hils Sunrise complex in Bucharest.
Romanian investors have significantly increased their presence in the commercial real estate market, allocating nearly €1.8 billion to local acquisitions between 2015 and 2025.
The Romanian Ministry of Finance successfully raised €4 billion on October 2 in its final and most successful Eurobond issuance of the year.
Investors in Central Europe are optimistic about the upcoming months, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey.
Romania's private companies are forecasting a slowdown in salary growth for 2026, with an average projected increase of 6%.
Bogdan Putinică has announced his resignation from his position as Microsoft Area General Manager for Central Europe, which includes operations...
Romania's annual inflation rate climbed to 9.88% in September, a marginal increase from the 9.85% recorded in August, according to the latest data from the INS.