3 feb 2023

PEDRO Construct, the company controlled by businessman Petre Niculae, has invested EUR18 million in the Politehnica Business Tower office building. more

3 feb 2023

“Electrified” cars will come to hold a 28.9% market share in 2023, in line with estimates by the Automotive Manufacturers and Importers Association (APIA). more

2 feb 2023

Bucharest is becoming appealing for Ukrainian companies wanting either to move or expand in Romania amid the war. more

30 ian 2023

Adrian Urda, CEO of Cometex, a retail park developer part of Altex group, says the company plans to carry out retail investments of above EUR200 million by 2025. more

26 ian 2023

Fashion retailer LPP, owner of five well-known brands such as Reserved, House, Mohito, Cropp and Sinsay, has leased 65,000 square meters of warehouse space in CTPark Bucharest West, the largest more

20 ian 2023

Romanian automotive brand Dacia is readying at least four new models after 2024 and the first one of the new series will be Duster III. more

18 ian 2023

Companies leased a total of 332,922 square meters of office space last year, which includes new office space leases and contract renegotiations. Demand for new office space is up 13% in 2022 compared more

18 ian 2023

Almost 240,000 square meters of new malls, shopping centers or expansions overall are likely to be delivered this year, triple from 2022, when 82,800 square meters of retail spaces were delivered, in more

13 ian 2023

Of the over 4.3 million square meters of offices in Romania, almost 730,000 are in the hands of four Romanian companies. more

12 ian 2023

Five office buildings with a total area of 94,000 square meters will be delivered in 2023 based on authorizations obtained until 2020. The market will near 3.5 million square meters in Bucharest in more

11 ian 2023

Romanian-held real estate developer Alsin Management will invest over EUR40 million in developing First Estates Pipera, the first housing project in Romania set to offer free heating to all its more

28 dec 2022

CTP, the largest developer and manager of logistic and industrial space in Romania, is expanding its partnership with Profi. The current expansion delivered by CTP for Profi increases the area leased more

20 dec 2022

Automobile Dacia delivered 10,000 Spring electric cars in Romania between October 13, 2021 and December 20, 2022. more

14 dec 2022

Star Assembly and Star Transmission, the local units of Mercedes-Benz AG, will manufacture electric motors for the new EV range EQ. more

7 dec 2022

Automobile Dacia board of directors has convened the general extraordinary meeting of the company’s shareholders for January 5, 2023, with a view to approving in principle a partial break-up of the more

7 dec 2022

Bucharest continued to see rising housing demand in November as well with 6,435 units being traded in the capital city and Ilfov, up 30% from the 4,946 of November 2021, in line with data from the more

5 dec 2022

The prices of the old three-room apartments in Bucharest stagnated for the first time in November, after having dropped by EUR500 or 0.5% to EUR107,850 in October, the real estate index compiled by more

24 nov 2022

Craiova can attract new investments in the automotive industry beyond the almost EUR500 million already announced by Ford Otosan after the takeover of the plant from the Americans. more

22 nov 2022

Paval Holding (owner of DIY retailer Dedeman) has signed the agreement to buy CA Immo’s office space portfolio in Romania, marking a record for a Romanian investor. more

16 nov 2022

Flip Technologies, the local startup founded in 2019 that developed a marketplace for purchase and sale of refurbished phones, is counting on the corporate segment and on countries such as Bulgaria or more

10 nov 2022

The asking rental prices for new apartments in Bucharest continued their upward trend in the third quarter of this year, compared with the same period last year, a survey by Premier Estate Management more

9 nov 2022

Luca de Meo, Renault Group CEO, stated during the Capital Market Day conference he banks on boosting the profitability of Dacia brand, which, beside Bigster will launch another two new compact models more

3 nov 2022

Craiova can attract new investments in the automotive industry beyond the almost EUR500 million euros already announced by Ford Otosan after the takeover of the plant. more

2 nov 2022

Paval Holding (Dedeman) is about to close a EUR350-390 million deal to acquire CA Immo office space portfolio. more

31 oct 2022

Nusco Imobiliara, a real estate developer controlled by Nusco family, in 2020 launched a new real estate project in Bucharest’s Pipera area that started with two housing phases. It is now embarking more