Corinthia has announced the appointment of Todd Cilano as General Manager of Corinthia Grand Hotel du Boulevard Bucharest during the property's official inauguration party.
Bellemonde has announced the launch of Bellemonde Privée, a new residential project in Pipera adding 52 villas to the growing community. The total investment amounts to €25 million, with approximately 65% secured through a financing partnership with Vista Bank.
The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.
In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.
Romania's hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report.
State-owned gas producer Romgaz concluded the subscription process for its second issue of bonds under the Euro Medium Term Notes Program (EMTN Programme) on October 28.
State-owned hydroelectricity producer Hidroelectrica reported a significant 23% drop in net electricity production for the nine months of 2025, compared to the same period in 2024.
OMV Petrom recorded a 13% decrease in its net profit over the first nine months of the year. Net profit fell to RON 3.4 billion (€668.4 million), while organic investments saw a 28% increase,
Courier firm Sameday has announced a significant investment of over €80 million in 2025, dedicated to technology, regional expansion.
Nusco Imobiliara has listed its first corporate bond issue on the Multilateral Trading System (SMT) of the BVB.