Square 7 Properties and Mitiska REIM have inaugurated Pitești Shopping Park, a new shopping center located in the northern area of Pitești, following an investment of €19 million.
Romania's construction market has reached historic highs over the past two years over increased public investment, financed by both national and European funds. At the same time, demand from the residential market has remained limited due to the slow permitting process for new developments in Bucharest.
Bog'Art's Sustainability Report addresses the ESG (Environmental, Social, Governance) pillars, offering a transparent view of the company's achievements.
Romanian construction group Bog'Art has published its first sustainability report that outlines the company's results and objectives under the ESG development framework.
foreign direct investments in construction and real estate transactions have more than tripled in absolute value, increasing by €14.4 billion euros during the 2013 - 2023 period.
The project will be developed on a total land area of 65,000 sqm and will comprise 140 villas with a total built-up area of 32,000 sqm.
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.
Romanian construction group IBB Holding will issue euro-denominated bonds and list them on the Bucharest Stock Exchange, following a decision of its shareholders.
With the establishment of Redport Contractor, the group has completed the process of internalizing the critical aspects necessary for the success of the projects it develops.
The Romanian unit of Strabag has been selected as generator contractor for the construction of a new office building for PPF Real Estate in Bucharest.
Private equity (PE) fund investments in Central and Eastern Europe (CEE) reached a total volume of €1.71 billion in 2023, while Romania ranked 4th at the CEE level.
The construction sector has reached historic highs, driven by massive EU fund investments and a quite active private sector.
The construction of the Bellemonde project is scheduled to begin in June and will benefit from a total investment of over €40 million.
The construction materials whose prices are increasing, however, are Oriented Strand Boards (OSB), with an advance of 6%, and sandwich panels, whose price is rising by 4%.
Alina Vladulescu and Catalina Toma are partnering and launching WIN Advisors, a regional hub for hotel consulting and management.
New Electric Arc Furnace will deliver huge environmental and competitive advantages.
Building A covers an area of 25,950 sqm and has already two significant tenants, who have signed lease contracts for a total of 8,158 sqm.
Speedwell announces the start of construction works for the second residential building of the mixed-use urban regeneration project, PALTIM.
For Terra Romania Utilaje de Construcții, part of the Austrian group Terra Holding, 2023 was the best year in its history on the local market.
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices and the interest rate, they are currently under strain.
Energy group PPC has launched a fast-charging solution that operates on 100% renewable energy.
DIY retailer Hornbach will inaugurate its tenth local store on September 3. The new location, the fourth in Bucharest, represents an investment of more than €48 million.
Renault Group has announced the appointment of Katrin Adt as the new CEO of the Dacia brand, succeeding Denis Le Vot, who is departing the company.
Industrial production prices (covering both domestic and external markets) increased by 2.7% in July 2025 compared to the same month in 2024.
EGV and Inspire Capital have led a new funding round of €1.6 million for the local AI startup Meetgeek.