Romanian developer Prima Development Group has started construction on phase two of the Prima Astera residential complex, the first high-end project in western Bucharest built to nZeb standards. The new phase includes a building with 197 apartments, 234 parking spaces and a kindergarten with over 600 sqm of usable space for future residents' children and neighbourhood families. The gross development value for phase two amounts to €30 million, with delivery estimated for November 2027.
Local property developer Sema Real Estate has launched pre-sales for the first phase of its Sema Home residential project in central-western Bucharest.
Prima Development Group has acquired a two-hectare plot adjacent to its new residential project Prima Solis, launched this summer. The transaction worth nearly €4 million will allow the expansion of the complex with approximately 700 apartments.
NEPI Rockcastle has fully sold all 254 apartments at Vulcan Residence, its first residential project in Bucharest, which was developed with a total investment of approximately €25 million.
Romanian developer Scala Development, part of Ax Perpetuum group, has secured RON 119 million (€24 million) from Libra Internet Bank for the development of the Scala Sopor residential complex in Cluj-Napoca.
Hagag Development Europe has started the construction for the second and third phases of H Pipera Lake residential complex in Pipera, near Bucharest, after securing the permits from local authorities.
Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
PPC Blue, the electric mobility division of the PPC Group in Romania, has acquired the Hermes Flow network with 116 charging points to expand its national infrastructure.
Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.
The European Bank for Reconstruction and Development (EBRD) is participating in a €43 million loan by Raiffeisen Bank Romania to Altex Romania, the country's leading electro-IT retailer.
Romanian entrepreneurial group Agroland, active in retail, agribusiness, food production and animal nutrition, continues its expansion strategy by opening two new stores in Mega format in Odorheiu Secuiesc and Orăștie. With these openings, the Mega network reaches 36 units nationwide.
Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.
