Romanian property holding Meta Estate Trust has purchased four villas within the Radisson Blu Grand Mountain Resort Brașov, currently under development, in a deal worth €1.52 million.
Romanian property holding Meta Estate Trust is investing around €2 million in the Cioplani retail park located near Bucharest.
Public real estate fund Meta Estate Trust has announced new investments of approximately €4 million in Bucharest's residential sector. The investments, made within the company's trading business line, encompass four residential projects in two key areas of the city.
Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).
Meta Estate Trust has exited its investment in The Lake Home residential project developed by Novarion, in a deal valued at €2.65 million.
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
Romanian consumers are becoming increasingly pessimistic about the country's economic and political outlook while continuing to prioritise spending and aggressively seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG).
Visual Fan has completed the energisation phase of its Full EPC BESS project in Teiuș, featuring a storage capacity of 120 MWh.
The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.
Romanian entrepreneur Iulian Stanciu has announced the sale of his stake in eMAG Group to Prosus, 17 years after taking over the company and 14 years after signing the partnership with Naspers (Prosus).
Romania's National Commission for Strategy and Prognosis (CNSP) has cut its 2026 economic growth forecast by 0.9 percentage points to just 0.1%, down from the previous 1% projection, citing current macroeconomic conditions.