Tag: urban development (2 articles)

Real estate   |   29 April, 2026 at 5:34 PM

Cross-sector collaboration drives urban planning at Tilia Summit in Iași

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.

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Industry

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

Finance

BT posts 30% profit jump in Q1 2026

Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.

Real estate

Arcadis signs major lease at Business Garden Bucharest

Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.