Category: News

HORNBACH has launched a virtual assistant based on artificial intelligence on the local market, integrated into its online store, marking an expansion of digital tools used in DIY retail. The company states that this solution is the first implementation of its kind in the DIY segment in Romania. The new tool is designed to support […]

Lidl has announced a budget of more than €285 million for the 2026 financial year, allocated exclusively to expanding its network in Romania, representing a 56% increase compared to the previous year. The company aims to open more than 40 new stores, amid intensified investments in modern food retail. The budget increase signals an acceleration […]

The German group IREKS has acquired a plot of approximately 13,000 square meters in Chitila, near Bucharest, where it plans to develop an administrative headquarters with a client center and a logistics warehouse. The transaction was brokered by the real estate consultancy Cushman & Wakefield Echinox. The project represents a new step in strengthening the […]

The construction materials and gardening retailer HORNBACH has completed an investment of approximately €4 million in its store in Sibiu. The project focused on expanding the garden department and improving the building’s energy efficiency. The move reflects growing consumer interest in landscaping and green space design, within a specialized retail segment that has gained visibility […]

Genesis Property, a Romanian office building owner, has appointed Cătălin Niculiță as Leasing Manager at a time when the local office market is undergoing an adjustment phase following the changes generated by new working models. Niculiță has nearly two decades of experience in real estate and has worked across several segments of the property market, […]

The Belgian developer Atenor has completed the sale of the @Expo office campus in northern Bucharest to an international investor newly entering the local market. The transaction, coordinated by consulting firms CBRE and Colliers, highlights ongoing interest in modern buildings certified for energy performance and sustainability. The @Expo campus, located on Bulevardul Expoziției, comprises three […]

Salt Bank has announced a planned leadership transition: Robert Anghel takes over as Chief Executive Officer, while Gabriela Nistor, who led the launch of the digital bank in 2024, will remain involved in the institution’s strategy as a member of the Board of Directors. The Romanian digital bank Salt Bank is undergoing a leadership transition […]

The hospitality group Accor has signed a franchise agreement with Romanian investor MKS PROD for the opening of a Mercure hotel in Craiova. The greenfield project will feature 78 rooms and marks the continued expansion of Accor’s network on the Romanian market. Accor is strengthening its presence in Romania through a new hotel project in […]

The challenger bank tbi bank, the fastest-growing bank in Southeast Europe, has officially been acquired by Advent International, a global private equity investor managing over €85 billion, opening the way for expanding digital services and developing innovative financial products for consumers. The completion of tbi bank’s acquisition by Advent International marks a strategic milestone for […]

European home appliance manufacturer Gorenje has announced a partnership with Luka Modrić, Ballon d’Or winner, who becomes brand ambassador in a European campaign highlighting the connection between home life and professional performance. Gorenje strengthens its brand positioning by associating with one of the most respected figures in European football. The partnership with Modrić will be […]