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

01.26.2021

Spanish real estate developer Gran Via wants to also continue in 2021 the extension of the Aviatiei Apartments project in capital Bucharest and the Gran Via Marina project in the city of Constanta, more

01.22.2021

Fast moving consumer goods giant Unilever is developing its operations in Romania despite the COVID-19 pandemic, announcing Romania is a very important market for the group. more

12.29.2020

Office space remains the main attraction in real estate in Romania. The modern office space stock in the country has doubled from 1.5 million to almost 3 million square meters in the past decade, more

12.16.2020

German discount grocery retailer Lidl has opened 33 stores, either built from scratch or relocated this year, nearing 300 stores in Romania. It will continue expansion in 2021, as well. more

12.14.2020

Impact Developer & Contractor (IMP.RO), a real estate developer held by businessman Gheorghe Iaciu, is delivering the second development phase of the Luxuria Residence complex in Bucharest’s more

12.10.2020

Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, on Thursday said it started construction works on its H Eliade 9 Residence luxury residential project located in the more

12.03.2020

Real estate developer Hagag Development Europe has selected Global Vision to provide property management services for its H Pipera Lake residential project. more

12.03.2020

Unicarm, the largest entrepreneurial company in Satu Mare and one of the largest actors on the meat market in Romania, has invested EUR12 milion to EUR13 million in development this year, despite the more

10.27.2020

McDonald’s restaurant chain will continue development in Romania in 2021, but the figures depend on the pandemic, says Paul Dragan, who took over as CEO from Daniel Boaje this summer. more

10.16.2020

French-held Carrefour group, whose online operations include the Bringo delivery service and an online store, has hired Ioana Ilie-Dobre, the former country manager of Uber Eats. Uber Eats decided to more

10.15.2020

The software development center of Dutch ING Group in capital Bucharest has reached 1,000 employees after hiring 200 IT experts in 2020, and plans to continue hiring in the coming months. more

09.03.2020

South-African investment fund NEPI, the biggest shopping mall owner in Romania, said it was willing to buy the 46-hectare land at Romexpo in Bucharest, which the parliament assigned for free to the more

09.03.2020

Life is Hard (LIH.RO), a software solutions provider listed on the Bucharest Stock Exchange, has contracted a loan of RON1 million from Banca Comerciala Romana (BCR), with a view to developing new more