Industry | 16 April, 2025 at 4:30 PM
Contakt plans CEE expansion
Romanian mobile accessories retailer Contakt has announced plans to expand its national network and venture into CEE markets in a bid to grow the business.
Romanian mobile accessories retailer Contakt has announced plans to expand its national network and venture into CEE markets in a bid to grow the business.
Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.
Shopping centres in Romania are ahead of many European markets in providing entertainment options, establishing themselves as key leisure destinations, according to a recent analysis by Nhood Romania.
Cross-border ecommerce transactions in CEE have seen a significant surge, climbing by 15% to reach €24 billion in 2024 compared to 2023.
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.
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.
Romanian developer Iulius will start this month a remodelling of its mixed-use project Palas Iași, based on a concept by architecture firm Foster + Partners.
Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
The average shopping cart value for fast-moving consumer goods (FMCG) in Romania increased by approximately 9% in 2023 compared to 2022
Hagag Development Europe is preparing to reopen the Știrbei Palace on Calea Victoriei, in H2 2025, as a luxury department store.
Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.
Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.
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.
Imersia Multichannel Agency offers integrated distribution and trade marketing services to fast-moving consumer goods (FMCG) companies.
Romanian developer One United Properties, specialized in office and premium residential projects, is looking to build a portfolio in the retail segment.
Commercial real estate investments in Romania reached €750 million in 2024, marking a 58% increase compared to the previous year, though slightly below the €800 million annual average recorded over the past decade, according to a Colliers report.
M Core Group has purchased seven strip malls in Romania from property investor MAS for an undisclosed sum. The projects with a combined leasable area of around 32,000 sqm have a full occupancy rate. The strip malls are based in Slobozia, Focșani, Râmnicu Sărat, Târgu Secuiesc, Sebeș, Făgăraș and Gheorgheni.
Bucharest is consolidating its position within the Central and Eastern European (CEE) real estate market, combining rental growth across major asset classes with investment yields that remain well above Western European levels, according to the DNA of Real Estate Europe Q2 2026 report published by Cushman & Wakefield. Across Europe in Q2 2026, prime office rents rose 4.5% year-on-year, retail rents increased 3.0%, and logistics rents grew 2.4%, while investors remained selective as yield movements pointed to a more balanced market following the repricing cycle of recent years.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.