Real estate

Business Forum   |   13 May, 2026 at 9:00 AM

Strabag becomes general contractor for Speedwell's mixed-use scheme in Bucharest

Speedwell and Strabag have signed a construction contract for the development of Queens District, a mixed-use project in northern Bucharest. Strabag will serve as general contractor for the office and residential buildings and will relocate its Bucharest HQ to the project under a long-term lease agreement.

Business Forum   |   12 May, 2026 at 2:00 PM

Administrative costs for Romanian offices to grow by 10% this year, says Colliers

Administrative costs for modern office buildings in Romania are set to rise by approximately 10% in 2026 compared to last year, according to Colliers. The increases stem from higher property taxes, inflation and rising wages, with utility costs excluded as these are typically billed separately.

Business Forum   |   12 May, 2026 at 8:15 AM

Find out who's shaping Romanian real estate in 2026

Business leaders from finance, energy, technology, real estate and professional services will gather in Bucharest next week to discuss how companies can navigate economic uncertainty, technological disruption and shifting market dynamics. Bucharest Business Forum 2026 brings together senior executives, investors and decision-makers for an afternoon focused on leadership, transformation and long-term growth opportunities.

Business Forum   |   11 May, 2026 at 4:25 PM

Sphera Franchise Group acquires wagamama franchise for Romania

Sphera Franchise Group has acquired the franchise rights for wagamama, the pan-Asian restaurant brand, to develop the concept in Romania. The franchise will be implemented through a newly established company wholly owned by Sphera Franchise Group.

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Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

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Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.