Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.
The first edition of Tilia – Today's Ideas and Leadership in Action (Romanian Cities Summit), organised on 23-24 April at the Palace of Culture in Iaşi by the Iulius Foundation in partnership with the European Bank for Reconstruction and Development (EBRD), brought together 600 in-person participants and more than 300 virtual participants.
Romanian developer One United Properties has signed a memorandum of understanding with Evergent Investments to develop a mixed-use complex in Iași. This marks the company's third regional expansion after Sibiu and Constanța.
Zinan company has launched the Vlaicu 87 residential project in Iași, part of regenerating the former Phoenix platform across approximately 56,000 sqm, requiring an investment of over €30 million in the first phase.
The Iulius Foundation has inaugurated Future Proof, the first exhibition in Romania showcasing the work of Foster + Partners, the architecture studio founded by Norman Foster.
Charles Montgomery, author of Happy City and ranked among the world's 100 most influential urbanists, will be the international keynote speaker at Tilia – Romanian Cities Summit on April 23-24 in Iași. This marks Montgomery's first visit to Romania.
The modern office stock in Romania's main regional cities totals approximately 1.08 million sqm, with developers delivering no new projects in these markets over the past two years, according to a new report by Cushman & Wakefield Echinox.
Royal Town, the residential project in Iași, has announced a new development phase, with construction of the 12th building set to begin in April 2026.
The number of unoccupied homes in Bucharest has grown 2.4 times over 10 years to over 218,000 units, according to a Storia analysis of Romania's 2011 and 2021 census data. Nationwide, over 2.5 million homes remain unoccupied, representing a quarter of Romania's total housing stock.
Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.
Romania's modern retail market exceeded 5 million sqm in 2025, following deliveries of approximately 190,000 sqm of new retail space, around 20% above the five-year average, according to Colliers' annual report.
Prime Kapital has obtained the construction permit for the first phase of its new residential project in Silk District: Loom. This represents the fourth stage of the urban regeneration project in Iași, developed on the site of a former silk factory.
Family Market Tomești, developed by Iulius, has obtained the building permit, marking a step in the development of the convenience retail concept for the local community.
Office leasing activity in Cluj-Napoca exceeded 18,000 sqm in 2025, following a strong 2024 that recorded 50,000 sqm of office space leased.
Primark continues its expansion in Romania and confirms the opening of four new stores in 2026. The international fashion retailer announced new stores in Sibiu and Bacău, joining previously announced openings in Iași and Craiova.
Metinvest has completed the acquisition of ArcelorMittal Tubular Products Iași, located in eastern Romania.
Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.
Local developer ELI Parks has announced the launch of the second phase of the ELI Park Iași project, adding another 20,000 sqm of industrial and logistics spaces to the existing 20,000 sqm.
Romania's largest office tenants pay more than €260 million annually for modern office spaces, representing less than 1% of their combined 2024 turnover, according to analysis by Cushman & Wakefield Echinox.
Romania's modern retail market continues expanding, surpassing 5 million sqm of leasable retail space in 2025, according to Colliers data. The approximately 190,000 sqm delivered this year consolidated a stock heavily concentrated in Bucharest and five other counties, which together account for almost half of the total. However, Romania remains below regional peers in retail space per capita, indicating potential for further development.
The Romanian Parliament voted to dismiss the government led by Prime Minister Ilie Bolojan on Tuesday.
The Romanian leu depreciated on Tuesday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.2180 lei, up 0.35%, recording a new historic high.
IT Hit, a Romanian IT services company specialising in ERP, CRM, and business management systems, has announced a reseller partnership with Druid AI, a provider of AI agents for higher education, healthcare, retail, banking, and insurance sectors.
Raiffeisen Bank Romania concluded Q1 2026 with a net profit of RON 367 million (€73.4 million), a decrease of 12.2% versus Q1 2025.
The Romanian leu depreciated on Monday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1998 lei, up 1.1% from the previous rate, recording a new historic high.