The largest urban regeneration project in the North of the Capital - Nusco City has signed a partnership with the renowned Fuksas Architecture Studio.
13% of Romanians aged between 18 and 55 in urban areas are renters and around 18% share a home they do not own with parents
Accor group expands its portfolio in Romania with the signing of a new franchise agreement with Paradis Hotels & Resorts for the conversion of the Dana Holiday Club.
The global professional services company has fortified its presence in Romania through an office lease meant to easily accommodate its expansion perspectives
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
Repaco Capital has started the construction of Crevedia Retail Park that will be completed in H2 2024 near Bucharest following an investment of €15 million.
The Romanian investment market recorded transactions of around €476 million last year, down by more than half over 2022's cycle high of €1.25 billion.
For Terra Romania Utilaje de Construcții, part of the Austrian group Terra Holding, 2023 was the best year in its history on the local market.
Construction and real estate sectors are among the most cyclical sectors. Sensitive to changes in the labour market, prices and the interest rate, they are currently under strain.
Impact Developer & Contractor (symbol IMP) raised over one million euro in the first 72 hours of issuing the bond offer. The public offer is ongoing until February 23, 2024.
Private healthcare chain Medicover has announced the acquisition of Synlab Group's local businesses in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia for €71.3 million.
The European Investment Bank (EIB) has allocated €50 million for the upgrading of key rail border crossing points in Ukraine.
Hils Development, the real estate company led by entrepreneur Ionuț Negoiță, is set to deliver the first phase of its mixed-use scheme Hils Republica in June.
Vastint Romania is set to host the fourth edition of its blood donation campaign on April 16, at the Business Garden Bucharest.
The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.