BASF has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s most powerful industrial heat pump. In the coming months, the company will be able to start the preparatory […]
According to data provided by the National Agency for Cadastre and Land Registration (ANCPI), in October 2024, there was a 19.5 percent increase in home sales in the Capital compared to the previous month, with 4,970 properties sold compared to […]
MEDCITY, developer working exclusively in the healthcare sector, announces the beginning of construction for the first medical hub in Timisoara. The company aims to transform a commercial property into a flagship healthcare ecosystem that will facilitate access to high quality […]
GARBE Industrial Real Estate, one of the leading providers and managers of logistics, light industrial and technology real estate in Germany and Europe, just set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák […]
One United Properties recorded turnover of 208.5 million euros in the first nine months of 2024, an 11 percent year-on-year decrease. Gross profit for the period was 70.8 million euros, while net profit reached 60 million euros. “This has been […]
OMV Petrom signed an EPCC (Engineering & Design, Procurement, Execution & Commissioning) contract for the Ișalnița solar project. The contract includes the construction of the photovoltaic park, the 110 kV power station for connection to the grid, as well as […]
TeraPlast Group inaugurated its new Opal stretch film factory located in the Sărățel Industrial Park. This production facility represents a total investment of EUR 18.5 million, of which EUR 5.3 million was provided as state aid. The Opal factory addresses […]
IMPACT Developer & Contractor started the last quarter of the year with record sales. In October, the company traded 73 units in the Greenfield Baneasa compound, with a value of over 8 million euro. This represents a monthly maximum in […]
Restart Energy finalized the implementation of a photovoltaic project worth 300,000 euros for Teleferic Cindrel Company, administrator of the ski area Păltiniș Arena. The project consists of 800 panels located on the ground in Păltiniș Arena, Sibiu County. The panels […]
The new supply of retail projects could exceed the threshold of 200,000 sqm in 2024, when considering that 140,000 sqm of shopping centers and retail parks were delivered nationwide in Q1 – Q3, according to the Cushman & Wakefield Echinox […]
