HORIZON CITY, the residential project developed by British investor Ghai Sant Ram in northern Bucharest, has secured €36.5 million in financing from Libra Internet Bank. The funds will be used to continue and accelerate construction works, with full project completion targeted for the first half of 2027, six months earlier than initially announced. The new […]
GEN-I is strengthening its position as a leading provider of battery storage asset management and market optimisation services in Central and Southeastern Europe. By taking over two large-scale battery storage projects in Bulgaria and signing an agreement for nine additional projects, the company will double its managed battery storage capacity in Bulgaria within the next […]
Winners Holding Investments and Finas Group have commissioned a 100 MWh battery energy storage system in Glodeni, Mureș County, following an investment of more than EUR 25 million. The project is the second developed within the two companies’ joint portfolio, in partnership with Chinese manufacturer Sieyuan Electric. The new installation comes a few months […]
In the construction and heavy lifting industries, operational safety and equipment availability are paramount. Any technical failure or unplanned downtime on a job site can result in severe delays and substantial financial losses. Consequently, selecting a trusted partner for crane and mobile crane service is crucial to guaranteeing both project efficiency and workplace safety. With […]
BuildGreen, a leading sustainability consultancy and building certification company, and VGP, a pan-European owner, manager, and developer of high-quality logistics and light industrial real estate have obtained the BREEAM v6 Outstanding rating, the highest level of BREEAM certification, for VGP Park Split - Building A (31,984 sqm), part of the logistics park developed by VGP […]
Diehl Aviation, a leading global partner for the aviation industry, celebrated today the opening of its new production facility in Craiova, Romania, following an investment and construction process executed by Global Vision, the Romanian real estate investment and development platform. Global Vision took the project from concept to a fully operational site and secured the […]
Grand Arena continues to strengthen its position as the leading retail destination in southern Bucharest by expanding its tenant mix with IKEA, one of the world's most recognized and appreciated home furnishing brands. The Swedish retailer will open two complementary concepts within the shopping center, a Plan & Order Point and a Pick & Point, […]
Greenvolt Next Romania, part of Greenvolt Group, is developing 11 photovoltaic projects for self-consumption in the Dobrogea region, with a total installed capacity of approximately 2.5 MW. The projects are being developed for companies across eight sectors of activity — from food production and hospitality to construction and recycling — representing a total investment of […]
Romania continues to gain visibility on the European industrial and logistics investment map, at a time when companies are looking for competitive markets for manufacturing, warehousing and distribution. Two thirds of the European regions with the strongest profile for manufacturing activities are located in just four countries – Poland, Spain, Romania and France – according […]
One United Properties (BVB: ONE), Romania’s leading investor and developer of sustainable residential, office, and mixed-use real estate projects, marks five years since its listing on the Main Market of the Bucharest Stock Exchange. Since its IPO in July 2021, the company has raised a total of RON 853.8 million through three equity transactions, distributed […]
Isopan Est, the leader of Romania’s sandwich panel market, announces a production volume of over 4.2 million square meters of insulated panels in 2025, the highest level recorded in recent years, according to an analysis conducted by Neomar Consulting. In an economic environment marked by uncertainty and external pressures, the company maintains its operational performance […]
Ananda Group, known for its residential developments in the southern area of the Capital, announces the obtaining of the building permit and the official start of construction of the Biruinței 75 project. Located in Popești-Leordeni, a 10-minute walk from the Berceni metro, this modern complex addresses efficiency in urban comfort by integrating differentiating facilities for […]
Ananda Group, one of the most active residential developers in the south of the Bucharest-Ilfov Region, announces its consolidated results for 2025, a year that confirms the maturity of the business model, the operational efficiency and the strategic positioning of the company in the middle-market segment. Consolidating the Ananda brand in the south of the […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
TeraPlast Group’s performance in the first nine months of 2025 reflects the strength of its development strategy and operational efficiency in a complex market environment. Growth was driven by sustained demand in the Installations division, by expansion into Western markets through the Wolfgang Freiler Group, which contributed throughout the entire reporting period, and by Optiplast […]
In the urban effervescence of the south of the Capital, where the border between Sector 4 and Ilfov blurs, the developer Ananda Group accelerates the works on phase II of the Ananda Residence complex. Located on Biruinței, the most sought-after street in Popești-Leordeni - the western area, the project approaches a residential concept designed to […]
REDPORT, one of the most dynamic local real estate developers, announces the official inauguration of the VITALITY EST showroom. The event also marks the start of construction work on the residential project located near Pantelimon Park and Lake. “I believe in investments that leave lasting value behind, and VITALITY EST is a project driven by […]
REHAU Window Solutions officially announces the expansion on the market of aluminium window and facade systems and launches on the Romanian market the Iconic W77 system, developed in partnership with Elvial. The new aluminium solutions come as a complement to the portfolio consisting of the classic PVC systems that have won awards over the years […]
TeraPlast Group recorded a 34% increase in revenue in 2024, reaching RON 897.9 million, compared to RON 672.3 million in 2023. This growth is generated by an increase in sold volumes, the launch of operations at the Opal stretch film factory, and the consolidation of results from companies acquired in 2024. EBITDA remained at a […]
Bozankaya, the rolling stock manufacturer, delivered 18th May, the first tram in yellow colour to the municipality of Timisoara from the batch of 17 signed at the beginning of the year. The value of the project amounts to approximately 33 million euros, around 1.9 million euros per tram. All trams will be delivered to Timisoara […]
The latest review of the Energy Performance of Buildings Directive (EPBD) sets ambitious objectives to reduce global consumption of energy of the European Union buildings and establishes the common framework for the Member States to rely on for the reduction of carbon emissions and energy efficiency, according to the national particularities. Th experts attending the […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
The transition to circular economy slowed globally last year, as the vast majority of raw materials entering economies are still coming from virgin sources, while the share of secondary, reused materials has steadily decreased over the past five years, from 9.1% in 2018 to 7.2% in 2023, indicates the “Circularity Gap 2024” study, carried out […]
Symmetrica, the leader of the local market of vibro-pressed products and the largest domestic producer, announces a new investment in the largest factory of concrete pavements in South-Eastern Europe, worth 48 million euros. "Located in Bolintin Vale - Ilfov, our new prefabricated factory will be a symbol of excellence and technological progress. With an impressive surface and extensive production capabilities, this unit represents an essential pillar in supporting regional growth and development and incorporates new technologies for the Romanian […]
The new facility of Hexing Technologies Europe SRL, a subsidiary of the Hexing Group and a leading green energy solution provider, set within the thriving Timisoara Airport Park, will serve as a hub of innovation, extending Hexing's digital energy service footprint across Europe. As part of Hexing's long-term vision to build a greener world, the […]
Teiuș.Solar, part of the Eurowind Energy group, a Danish developer and operator of wind, solar and hybrid projects, announces the launch of the Teiuș Photovoltaic Park project – with a maximum installed capacity of 60.2 MW, implemented in the city of Teiuș, Alba County. The total value of the project is 47,155,440 euros (54,987,957 euros including […]
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices in commodities and, first and foremost, the interest rate environment and accessibility of credit, they are currently under strain. And things are unlikely to get any better in 2024. Homebuilders are seeing some fractures […]
The modern stock of industrial and logistics spaces exceeded 7 million sq. m across the country at the end of 2023, almost 80% of the total stock being concentrated in 3 development regions – Bucharest – Ilfov, West and South-Muntenia. Projects with a total area of around 452,000 sq. m were delivered in Romania in 2023, […]
Transilvania Construcții recently completed the construction of its new logistics park in its portfolio - TRC Park Bacău - a project in which the company invested over 15 million Euros. TRC Park Bacău has an area of almost 25,000 square meters and hosts significant companies from various industries that are constantly expanding. Among the prominent […]
At least eight funding programmes are already open or in the process of being launched by the authorities this year, with a total allocation of around €5 billion according to a REI analysis, one of the largest consultancy firms specialising in attracting grant funding for both private companies and public authorities. The grant support, available […]
CTP, Europe's largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has delivered the first foreign distribution center of LPP Logistics in Romania, less than one year after the start of construction. Located in CTPark Bucharest West, the largest industrial park in Central and Eastern Europe (CEE), the […]
The Bozankaya company continues collaborating with the municipality of Timișoara by signing a contract to purchase 17 trams. The 17 trams will have a length of approximately 30 meters, a total transport capacity of 251 seats, and a 100% lowered floor and air conditioning. The total purchase value is approximately 33 million Euros, especially 1,9 […]
Schoenherr advised Kommunalkredit Austria AG ("Kommunalkredit") on granting a EUR 25m loan to INVL Renewable Energy Fund I ("INVL") to finance the construction of solar power plants with a total capacity of 51 MW in Romania. This is the first Romanian project in INVL's pipeline to reach the ready-to-build phase. Schoenherr acted as lead counsel to the […]
Bozankaya, a rolling stock manufacturer already present in the Romanian market, has delivered Turkey’s first driverless metro in Kocaeli. The project represents a revolutionary step in the evolution and modernization of railway infrastructure, opening new horizons in European mobility. The inauguration ceremony took place at the Bozankaya factory in Ankara, attended by the Minister […]
The INVL Renewable Energy Fund I, which is managed by INVL Asset Management and invests in renewable energy projects, signed an agreement with Kommunalkredit Austria AG (Kommunalkredit) on a loan of EUR 25 million. The proceeds of the loan will be used to finance the construction of solar power plants with 51 megawatts (MW) capacity in […]
Industrial and logistics projects accounting for more than half a million sq. m are currently under construction and due to be delivered by the end of 2024, 60% of which being already pre-leased. The limited pipeline of speculative projects could put pressure on rental levels in the coming period due to the fact that, even […]
