CPI Property Group (CPIPG) announced that its subsidiary, CPI Europe, has secured €100 million financing for the Sun Plaza shopping mall based in Bucharest.
Sun Plaza has completed a major modernisation phase with the reopening of Zara according to the latest global flagship store concept designed by Zara's Architecture Office. The new space features expanded area, integrates new digital solutions and offers a fluid layout with interconnected spaces and separate entrances for intuitive navigation.
The flower shop in Sun Plaza is strategically located in one of the most frequented shopping centers in the capital and covers an area of 22 sqm.
The European Commission (EC) has finalised the signing of the SAFE loan agreement with Romania.
Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.
Hidroelectrica signed a €188.5 million contract for the refurbishment of Râul Mare Retezat Hydropower Plant. The project aims to modernize and improve the efficiency of the company's generation capacities.
Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.
Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.