Corinthia has announced the appointment of Todd Cilano as General Manager of Corinthia Grand Hotel du Boulevard Bucharest during the property's official inauguration party.
Bellemonde has announced the launch of Bellemonde Privée, a new residential project in Pipera adding 52 villas to the growing community. The total investment amounts to €25 million, with approximately 65% secured through a financing partnership with Vista Bank.
The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.
In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.
Romania's hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report.
Power group Electrica has initiated the permitting process for 15 battery energy storage parks (BESS) with a combined capacity of approximately 1 GWh.
RoPower Nuclear, the project company responsible for the construction and commissioning of the Small Modular Reactor (SMR) project, has signed a contract with Studsvik Scandpower.
Romgaz, Romania's largest gas producer, has filed a direct action with the Court of Justice of the European Union against the European Commission, challenging what it views...
Romania recorded the EU's highest annual inflation rate in September 2025, reaching 8.6%, according to figures published by Eurostat.
Cushman & Wakefield Echinox has announced the appointment of Gabriel Vințe as Business Development Manager within its Project & Development Services (PDS) department.