Cloud9, part of Alfa Group's real estate division, has begun construction on the second phase of its Cloud9 Evolution residential project in northern Bucharest. The company is investing €80 million in this phase, part of a total €170 million budget for the entire development.
Libra Internet Bank has announced a €35.5 million financing package to support the sixth phase of the Exigent Plaza Residence development in western Bucharest.
Răzvan Brasla, CEO of Cloud9 Residence, talked to Property Forum about the company's €90 million investment in a new residential complex in northern Bucharest and the trend of homebuyers who want to be close to the main business hub of the city that comprises a wide range of facilities.
Alfa Group has acquired the majority of the Iride Park project from CPI Romania, for an undisclosed sum.
Alfa Group is investing €90 million in the first phase of a new residential project in northern Bucharest.
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
The European Bank for Reconstruction and Development (EBRD) projects that Romania's economic growth will accelerate to 1.2% in 2026.
Romanian engineering group Simtel Team has reported a 68% year-on-year surge in preliminary consolidated operating revenue for 2025, reaching RON 605.7 million (€121.7 million).
Romania recorded the highest annual inflation rate in the European Union in January 2026, reaching 8.5%, according to data published today by Eurostat.
BCR Group reported a net profit of RON 3.32 billion (€658 million) in 2025, up by 20% year-on-year.
The European Commission will launch the EastInvest Facility, a new financing platform designed to support EU regions bordering Russia, Belarus and Ukraine. The initiative aims to provide easier access to lending for Member States most affected by Russia's war against Ukraine.