Category: Uncategorized
-
CTP extends partnership with LEROY MERLIN Romania to 48,500 sqm at Europe’s largest industrial park
CTP, Europe’s largest listed developer, owner and operator of logistics and industrial real estate by gross leasable area, has signed an agreement with LEROY MERLIN Romania, retailer specializing in construction, home improvement, decoration, and gardening, to expand its regional distribution centre at CTPark Bucharest West to 48,500 sqm. The announcement was made during the groundbreaking…
-
Fondul Proprietatea contributes EUR 11 mln to prevent dilution of stake in Constanta Port
Fondul Proprietatea (BVB: FP) on May 15 exercised its preemptive right and subscribed 5,632,510 new shares in the National Company Administration of Maritime Ports (CNAPM), with a nominal value of RON 10 per share and a total value of RON 56.3 million (EUR 11 million), according to a report published on the Bucharest Stock Exchange…
-
Court greenlights sale procedure for Romanian steel mill Liberty Galati
The Galati Court approved the amended plan to sell the assets of Romanian steel group Liberty Galati (under pre-insolvency procedures), thus paving the way for the resumption of the auction for one of the most important industrial assets in Romania, the consortium of practitioners Euro Insol – CITR announced on Monday, May 18. The auction…
-
Bucharest City Hall plans nine new parking facilities under public-private partnerships
Bucharest City Hall announced on Monday, May 18, plans to build eight underground parking facilities and one above-ground parking structure through public-private partnerships. The project is part of the city’s broader effort to reduce the number of cars parked on sidewalks and streets. According to the city administration, the locations were selected by Bucharest mayor…
-
PM consultations to continue in Romania until “solid pro-Western majority” emerges, president says
Romanian president Nicușor Dan said on Monday, May 18, that consultations with parliamentary parties on appointing a new prime minister will continue until a “solid pro-Western majority” capable of supporting a government is formed. The statement came after a full day of talks at the Cotroceni Palace, where Romania’s main political parties outlined conflicting positions…
-
Habitat for Humanity’s CEO Build event gathers 100 company leaders to construct homes for those in need
More than 100 CEOs and executives from some of Romania’s leading companies in retail, energy, banking, technology, transport, and numerous other sectors gathered in Berceni, Prahova County, on Friday, May 15, as part of Habitat for Humanity’s CEO Build 2026 event to construct homes for vulnerable families. Following the CEO Build rules, top executives of…
-
Housing in Bucharest increasingly unaffordable as prices for new apartments jump 25% in a year
Apartments and houses in Bucharest are unaffordable for more and more people, as housing prices have continued to rise over the past year despite a lower number of transactions, according to the Imobiliare.ro Index, which has monitored the evolution of the residential market in the main urban centers for over 15 years. Residents of Bucharest…
-
Survey: Voting intentions for Romanian Social Democrats fall following no-confidence motion
The Romanian Social Democratic Party, or PSD, was surpassed in terms of voting intentions by the National Liberal Party, or PNL, for the first time in six years, after it voted for the dismissal of the Ilie Bolojan government together with the far-right Alliance for the Union of Romanians (AUR) party, according to a recent…
-
Romania’s electric vehicle registrations more than double in April 2026, market analysis shows
Romania’s electric vehicle market more than doubled in April 2026, with 1,308 EVs registered during the month, according to an analysis published by LEKTRI.CO. The figure marks a 113% increase compared to April 2025, signaling a renewed acceleration in the country’s transition toward electric mobility. According to the report, electric vehicles accounted for 3.08% of…
-
Romanian tech group IT Genetics to start trading on Bucharest Stock Exchange’s AeRO Market
The shares of IT Genetics, a Romanian technology company specialized in digital automation and operational efficiency solutions for businesses, will start trading on the AeRO market of the Bucharest Stock Exchange on May 20 under the ticker symbol ITG. The listing marks a new stage in the group’s development and follows the private placement carried…