Romanian developer Bellemonde is set to expand its residential project in Pipera, near Bucharest, will take the total investment to around €70 million.
Residential developer Homing Properties will invest €35 million in a new complex comprising 140 luxury villas, in Pipera, near Bucharest.
Romanian football player Florin Tănase and FIFA agent Florin Vulturar have jointly started the development of a new residential project in Pipera, located in the northern region of Bucharest.
The Bellemonde residential complex in Pipera, near Bucharest, is recording growth in sales for its villas and apartments.
The groundwork and all foundation excavation have already been completed for the Bellemonde project, which will benefit from a total investment exceeding €40 million.
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
The project will be developed on a total land area of 65,000 sqm and will comprise 140 villas with a total built-up area of 32,000 sqm.
Nobis Gardens is a luxury residential project, comprising only villas, where the first phase will be delivered by the end of 2024, and the second phase in mid-2025.
Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries.
Public telecom company Digi Communications has secured substantial financing facilities to bolster its operations.
Carrefour Romania has announced the appointment of Anne-Sophie Bauwens as its new CFO and Member of the Executive Committee.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.
Vista Bank Romania has agreed to take over the loan portfolio of Eurobank's former subsidiary in Romania Bancpost.