6 aug 2024

The ever-rising demand for housing and the falling deliveries of new housing projects are pressuring the housing market, a reason why prices have also accelerated in mid-summer, SVN consultants more

5 aug 2024

STC Partners, the developer run by Adi Steiner, former project manager at Strabag Romania, has signed with Olaru family for the acquisition of a 4,400-sqm land plot on Ferdinand boulevard 72-78. more

2 aug 2024

Michael Schmidt, who controls MHS Holding, which owns Automobile Bavaria and MHS Truck & Bus in Romania, has started a EUR1 million investment in the first official Rolls Royce official showroom in more

24 iul 2024

Imo Invest Total is inaugurating Sinaia Plaza on Thursday, the first retail center built from scratch on Valea Prahovei, which comes with a supermarket – Mega Image, and three restaurants, plus more

22 iul 2024

Sile Fulga will become the executive director of the Dacia Vehicle Plant and supervisor of the Mioveni industrial site. more

12 iul 2024

The retail sector continues to be appealing both to major investors, with investment funds willing to develop projects of hundreds of million euros, and for Romanian ones, who increasingly choose to more

10 iul 2024

Dacia has already started deliveries of the new Duster III and the Mioveni plant is readying to start manufacturing Bigster, the first compact SUV in the carmaker’s range. more

1 iul 2024

High demand for Tesla cars in Romania has pushed the US carmaker to step up investments locally and expand its network. more

3 iun 2024

Average price of old three-room apartments in Bucharest reached EUR107,300 in May 2024, up from the EUR106,400 in April 2024, the real estate index compiled by ZF and real estate consultancy SVN more

3 iun 2024

LOT Polish Airlines has officially inaugurated the direct flights between Oradea and Warsaw on Monday, June 3, 2024, thus increasing the number of international destinations Oradea can access to and more

28 mai 2024

CTP, the largest owner and developer of logistic and industrial spaces by gross leasable area (GLA) in Europe, has acquired from Globalworth, the main office investor in CEE, an industrial portfolio more

27 mai 2024

Fırat Elhüseyni will be appointed President and CEO of Ford Otosan Craiova, effective June 1, replacing Müjdat Tiryaki, who will take on new responsibilities at the company's headquarters in more

24 mai 2024

One United Properties (ONE.RO), one of the largest real estate local investors and developers, has signed a ten-year lease with DP World Romania, a provider of logistics and supply chain solutions, more

24 mai 2024

Redport Capital, one of the most dynamic local housing developers, has started works for phase three of The Level Apartments project as it got the building permit. more

24 mai 2024

The turnover of carmaker Automobile Dacia climbed by 1% in 2023, to EUR5.259 billion. The company’s net profit was unchanged at EUR107 million, while the number of employees went down from an more

20 mai 2024

Porsche Inter Auto has started work on the project of a new center for the Porsche brand in Cluj, which will be located near the airport. It will have both a showroom and a service center and is more

8 mai 2024

Türkiye’s Beyçelik Gestamp Group completed a EUR45 million investment in Dirmanesti, near Pitesti in April, to expand production capacity and to be able to deliver more components to both Dacia more

2 mai 2024

Leoni Group, which produces wiring harnesses for the automotive industry and employs 12,000 people in several factories in Romania, has announced that it will close its factory in Ludus, Mures County. more

30 apr 2024

Supply on the real estate market in Romania continued to shrink in the first quarter of 2024, increasing only in Brasov of all regional centers, imobiliare.ro data show. more

25 apr 2024

Paval brothers, owners of Dedeman, the biggest Romanian entrepreneurial business, took over, via Paval Holding, Asset Proiect Craiova SRL company, becoming it sole shareholder. more

9 apr 2024

New car registrations fell 26% to 9,156 units in March 2024 compared with March 2023, police data show and the decline also affected electrified cars. The latter saw a decline of 9% and their market more

8 apr 2024

Real estate developer One United Properties during this year’s Capital Markets Day event announced its plan for 2030 envisages its expansion in three key fields: housing, office and retail and more

3 apr 2024

The first quarter of 2024 ended with a more than 4% increase in old three-room apartment prices in Bucharest in March compared with the year-ago month, because of three areas with a double-digit rise more

2 apr 2024

Andreas STIHL Power Tools SRL, a subsidiary of Germany’s STIHL AG&Co, has started building a new EUR165 million production unit on an area of around 147,000 square meters in Eurobusiness I more

28 mar 2024

Eldrive Romania and MOON Power, part of Porsche Romania, the general importer of Volkswagen, Audi, Seat, Cupra, Skoda, Das WeltAuto brands, have signed a contract worth over EUR5 million, for charging more