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.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
Lefties inaugurated its third store in Romania, on a generous 5,000 square meters area located on the Iulius Mall's upper floor.
According to the schedule agreed upon in the contract, the first trolleybus will be delivered in April 2025.
Primark Iulius Mall, part of the mixed-use Iulius Town, becomes the retailer's first location in the western part of the country and has created over 150 new jobs locally.
The building has been designed sustainably and aims for the BREEAM Excellent certification.
In the first 12 months, the store has sold over 4 million products and welcomed more than one million visitors.
According to the data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 3,376 real estate units were sold in May 2024.
Located in Timisoara, the new center combines cloud and cybersecurity capabilities, offering customers a unique portfolio of cloud services.
Outside Bucharest, companies leased less than a fifth of the total traded area in Bucharest.
Hexing invests heavily in 8,000 sqm facility generating over 100 high value jobs in Timisoara, at Globalworth Timisoara Industrial Park I, assisted by CBRE.
Speedwell announces the start of construction works for the second residential building of the mixed-use urban regeneration project, PALTIM.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Socar Petroleum has opened its first petrol station in Baia Mare, bringing its total network to 88 stations across 30 counties in Romania.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has started operations at its second automated manure composting facility at the Lacto Agrar farm.