Iulius begins €80 million renovation project of mixed-use complex in Iași
Romanian developer Iulius has begun the first phase of a major modernisation project for the Palas mixed-use complex in Iași.
Romanian developer Iulius has begun the first phase of a major modernisation project for the Palas mixed-use complex in Iași.
Property developer Prime Kapital has secured an €85.5 million refinancing facility from Erste Group for Argeș Mall, which opened in April 2024.
Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.
In 2025, deliveries of over 200,000 sqm of new retail space are expected in Romania, of which almost half will be shopping malls, according to a report by Colliers Romania.
Lefties inaugurated its third store in Romania, on a generous 5,000 square meters area located on the Iulius Mall's upper floor.
62% of the consumers have purchased products after seeing advertisements in shopping malls.
As cities expand, the distances between residential neighborhoods and commercial centers grow, yet the number of visits to shopping malls continues to rise.
The announcement marks the completion of a €16 million investment by Indotek that created a premier mass-market destination for international retail brands.

Romanian mobility solutions provider Autonom Services has signed a €300 million credit facilities agreement with an option to increase to €350 million, including a sustainability component.
IBC Focus, a company specialising in construction sector data, has begun its internationalisation strategy by expanding into Moldova through the development of the Victa Moldova platform.
Franklin Templeton (FP), as manager of Fondul Proprietatea, has reaffirmed its support for listing Bucharest Airports National Company (CNAB) on the Bucharest Stock Exchange.
The Macroeconomic Confidence Indicator compiled by CFA Romania Association fell by 7.3 points in October 2025, reflecting continued economic uncertainty in the country.
Romanian companies Finqware, Questo are among the fastest growing technology start-ups in the region, being included in the 2025 Deloitte Technology Fast 50 Central Europe ranking.