09.15.2021

Shareholders of biodegradable packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast, have approved the company split-up and the transfer of a part of the patrimony to the newly more

08.09.2021

Angst group, one the largest meat processors in Romania, has three small specialist stores under its own brand operational at the moment and plans to continue development. more

07.23.2021

The residential development of Romania’s top cities is uneven, as the latest publicly available information from the National Statistics Institute show. more

07.20.2021

Builder Bog’Art via its development company Art Property and furniture maker Mobexpert bought two plots next to OMV Petrom’s Petrom City site in northern Bucharest in a EUR20 million deal, real more

07.08.2021

Biodegradable packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast and held by businessman Florin Pogonaru, has started the transfer of assets unrelated to its core activity, more

06.28.2021

There is a lot of room for growth on Romania’s computer and electronics market because some brands are not sold in this country even though they are internationally famous, says Alexandru Stoinea, more

06.28.2021

CTP, the largest developer and long-term manager of industrial and logistics parks in Romania and Central and Eastern Europe, has decided to speed up construction plans started this year. more

06.02.2021

Core Timpuri Noi residential compound, developed by real estate developer Prima Development Group, will also include a network of up to 25 electric vehicle charging stations for the owners of its more

05.13.2021

Holde Agri Invest (HAI.RO), a Romanian company operating farmland, listed on the AeRO market of the Bucharest Stock Exchange since October 2020, announces total investments of RON62 million in more

05.06.2021

The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. more

05.05.2021

Prima Development Group, a real estate developer based in Oradea, is investing EUR20 million in a 240-unit residential project in Bucharest for which it offers a five-year guarantee. more

04.23.2021

River Development has sold The Light One office building in western Bucharest to UNIQA Real Estate, the real estate arm of Austria's UNIQA Insurance Group. more

04.21.2021

The logistics and industrial space market has a potential for another 2.5 million to 3 million square meters over the next economic cycle, says Andrei Jerca, managing director of developer Element more

04.19.2021

Logistics developer Element Group, founded by Ionut Dumitrescu, announced Monday it has acquired a 2.7-hectare land near Pitesti, in close proximity to the A1 highway. more

04.15.2021

Amazon Development Center, part of US-held Amazon, the largest online retailer in the world, with offices in Bucharest, Iasi and Timisoara, ended 2020 with more than RON443 million (some EUR90 more

04.12.2021

Insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO) said in a stock market announcement on Monday that Valtecia Development, a company based in Targu-Mures and engrossed in buying and more

04.05.2021

Online retailer evoMAG, one of the main computer and electronics retailers in Romania, plans to raise EUR2 million to EUR5 million in capital this year to be able to fuel a faster paced growth than more

04.02.2021

Retail developers have set out to conquer the last “strongholds”, counties that lacked modern retail project, and last year delivered the first modern retail projects in four new counties – more

03.22.2021

Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park portfolio in the country and the first 131 MW project in Arges has more

03.10.2021

Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, said Wednesday it has started modernization works on an office building located in downtown Bucharest, an investment of more

03.04.2021

Prima Development Group, a real estate developer based in Oradea, announced Thursday it has completed Boemia Apartments in Bucharest, a boutique-style residential project, following an investment of more

02.25.2021

Developers on the local property market have over one million square meters of modern industrial, office and retail stock in the pipeline for 2021, real estate consulting company JLL said in a market more

02.17.2021

Prima Development Group, a real estate developer based in Oradea, plans to finish the construction of 640 apartments in Bucharest and Oradea and expand its presence in Bucharest with three new more

02.16.2021

One United Properties, a real estate developer held by Victor Capitanu and Andrei Diaconescu, has obtained financing of EUR50 million from the Black Sea Trade and Development Bank (BSTDB), which will more

02.04.2021

Real estate developer Impact (IMP.RO), owned by businessman Gheorghe Iaciu, said Thursday it has appointed Constantin (Tinu) Sebesanu to the position of development director. more