Mulberry Development, the real estate company founded by entrepreneur Ovidiu Șandor, has announced the start of a new building within the ISHO complex in Timișoara. Construction is scheduled to begin immediately, with delivery targeted for the end of 2027 or early 2028, while over 30% of apartments in ISHO C have already been reserved.
Companies leased approximately 750,000 sqm of logistics and industrial space in the first nine months of 2025, representing a 30% increase compared to the same period last year, according to a report published by Cushman & Wakefield Echinox. If the current pace continues, the annual transacted area could reach one million sqm again, matching the five-year average.
The European Bank for Reconstruction and Development (EBRD) is lending €30 million to Timişoara to co-finance priority investments in its district heating network.
Nhood Romania has announced a partnership with Reuben Brothers to transform the former Solventul industrial platform in Timisoara. The 45-hectare site, with a history dating back to 1869, will be converted into a primarily residential area with integrated retail, office, service, and public amenities.
The artificial intelligence sector is rapidly reshaping the labour market in Romania, creating both opportunities and challenges for businesses and professionals.
Romania's industrial and logistics stock is approaching 8 million sqm, with over 60% located within one hour's drive of Bucharest. Moldova and Oltenia remain the least developed regions but show potential for growth once infrastructure improves, according to a Cushman & Wakefield Echinox report.
Bucharest continues to lead Romania's transformation of former industrial platforms due to its market scale and high number of available sites. The capital generates the largest volume of land transactions within urban areas, primarily through industrial space conversion, according to Cushman & Wakefield Echinox. Investors increasingly target mixed-use developments integrating retail, office, and residential components.
Romanian private healthcare operator MedLife has launched the new Institute of Orthopaedics, located within the MedLife Medici's Hospital in Timișoara.
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.
Timișoara emerged as the sole Romanian city to experience growth in the office leasing market during H1 2025, defying a national downturn, according to a report by Fortim Trusted Advisors.
Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.
Timișoara has emerged as the leading regional office market in Romania in Q1 2025, with companies leasing 63% of all office spaces transacted outside Bucharest, according to a report by Fortim Trusted Advisors.
Beer producer Ursus Breweries, part of Asahi Europe & International, has named Dan Timotin as its new Managing Director for Romania.
Uber has expanded its services in Romania by launching Uber Black in Timișoara. This new service brings a premium and luxurious travel option to the city.
Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.
The Timișoara City Hall recently approved the Zonal Urban Plan (PUZ) for a new urban regeneration project by Țiriac Imobiliare, owned by Romanian billionaire Ion Țiriac.
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%.
Tresor Le Palais in Timișoara has joined the Curio Collection by Hilton brand, marking the first transformation of this kind on the local market.
Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
Almost 60% of companies in Romania plan to expand their use of flexible spaces over the next two years to support hybrid working strategies.
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
Endava, the technology-driven business transformation group, and Paysafe, a payments platform, announced a multi-year strategic partnership to bring payments and community engagement solutions to market faster.