UMB Steel acquires ArcelorMittal Hunedoara assets for €12.5 million
ArcelorMittal has officially approved the sale of its extensive industrial assets and real estate holdings to UMB Steel for €12.5 million plus VAT.
ArcelorMittal has officially approved the sale of its extensive industrial assets and real estate holdings to UMB Steel for €12.5 million plus VAT.
Romania's land market closed 2025 with transaction volumes similar to 2024 levels, totaling nearly €450 million. Political uncertainty and fiscal adjustments affected the first half of the year, but market sentiment improved after elections, with the final months delivering some of the strongest results in recent years, according to Colliers.
Cushman & Wakefield Echinox has been appointed as the exclusive advisor for the sale of a 37-hectare land plot from the former Electroputere industrial platform in central-eastern Craiova. The property presents development potential for residential, retail, logistics, or light industrial projects.
Romanian developer Intero Property Development has signed a sale contract with a retailer for 10,418 sqm of land at Bucharest-based SkyLight Residence. The new supermarket will be the retailer's largest store in Romania, spanning over 3,265 sqm. Construction is scheduled to start in approximately three months, with opening targeted for Q4 2026.
iO Partners has launched iO4Land, a digital solution that transforms how land is sourced, analysed, and validated across CEE.
Romania's land market experienced a surge in activity during H1 2025 as investor interest returned and new buyers entered the market, according to a Colliers Romania analysis.
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.
Local developer Ansi has purchased a land plot in northern Bucharest from GTC, where it plans to kick off the construction of a new premium residential project.
One United Properties has finalised the acquisition of a 21-hectare plot of land in Bucharest's District 5 from CPI Romania for €21 million.
Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria.
Romania's land market demonstrated robustness in 2024, registering a transaction volume similar to 2023, of around €450 million, despite economic and political uncertainties, according to a Colliers report.
The land market in Bucharest and other regional cities is seeing increasing demand from developers of data centers that want to accommodate growing investments in the country's IT&C industry, according to a report by iO Partners.
Real estate developer Park Properties has purchased a 15,000 sqm land plot on the shores of Lake Snagov, near Bucharest, for a luxury villa residential development.
In addition to SunLake Snagov, the developer is also working on SunLake Residence, SunLake Homes and SunLake Pipera projects.
Logicor also owns an 8.2-hectare plot next to the Arabesque materials warehouse in eastern Bucharest.
The retail and residential players have been the most active buyers of land during H1 2024, while speculative transactions are also gaining ground, according to Colliers Romania research.
The transaction allows WDP's Romanian footprint to grow to around 2 million sqm in gross leasable area.

Norofert, the Romanian producer of organic agricultural inputs and biotechnology provider, has started a share capital increase to raise up to RON 9 million (€1.8 million) following approval from the Financial Supervisory Authority.
Romania recorded the lowest rate of generative artificial intelligence (AI) adoption among young people in the European Union in 2025, according to data released by Eurostat.
Romania's trade deficit decreased by €673 million to €32.7 billion in 2025, representing a 2% improvement compared to 2024, according to data published by the National Institute of Statistics (INS).
Romania's Ministry of Finance has announced the adoption of a Formal Opinion by the Organisation for Economic Co-operation and Development (OECD) Committee on Fiscal Affairs, following the country's evaluation as part of its accession process to the OECD.
Banca de Investiții și Dezvoltare (BID) has signed 18 guarantee agreements with financial intermediaries in Romania.