Pre-Leases Accelerate Bucharest Office Market: A Sign of Recovery but Also of Demand Repositioning
The office market in Bucharest is entering a visible adjustment phase, marked by an increase in pre-lease transactions, which signals a shift in tenant behavior. According to Cushman & Wakefield Echinox, companies are increasingly securing space in developments still under construction at an earlier stage, in a context where the development pipeline exceeds 215,000 sqm. […]
Construction Remains the Main Growth Engine of the Economy, but Dependence on Public Investment Increases Risks
The volume of construction works in Romania increased by more than 6% during the first two months of 2026, following a record-breaking year for the sector in 2025. According to a Colliers analysis based on Eurostat data, construction remained the only major economic sector still expanding in April, while confidence indicators in consumer markets, retail, […]
tbi bank Increases Deposit Interest Rates up to 7% and Introduces More Flexible Early Withdrawal Conditions
tbi bank has launched a new savings offer for individual customers, providing interest rates of up to 7% per year on deposits in Romanian lei and introducing a mechanism that allows customers to retain part of the accrued interest if they withdraw funds before maturity. The offer positions the bank among the leading players in […]
PENNY Donated More Than 5,400 Tonnes of Food in 2025 and Strengthens Its Role in Combating Food Waste
PENNY became the largest contributor to Romania’s Food Banks network in 2025, donating 5,401 tonnes of food products to vulnerable communities through the Federation of Food Banks in Romania (FBAR). The estimated value of the redistributed food exceeds €11 million. The result highlights the scale that food recovery programs have begun to achieve within the […]
Leroy Merlin Expands Its Logistics Center to 48,500 sqm in CTPark Bucharest West
Leroy Merlin Romania is strengthening its logistics infrastructure by expanding its regional distribution center in CTPark Bucharest West to 48,500 sqm, following an agreement signed with industrial developer CTP. The new built-to-suit facility is already under development and is scheduled for delivery in February 2027. The investment reflects retailers’ growing need to adapt supply chains […]
PENNY surpasses €2 billion in revenue and announces €3 billion investment plan to expand its network by 2035
PENNY Romania closed 2025 with a turnover of RON 10.6 billion, equivalent to more than €2 billion, representing a 12% increase compared to the previous year. The result confirms the retailer’s sustained growth trajectory in a context where the food retail market remains one of the most competitive sectors of the Romanian economy. The company […]
Bucharest office market slowly recovers: demand increases but remains below pre-pandemic levels
The modern office space market in Bucharest started 2026 with a moderate increase in leasing activity, although the pace remains below pre-pandemic levels. According to data published by Colliers, new demand increased by 24% in the first quarter, reaching approximately 24,000 sqm, while the total volume of leasing transactions rose by 14% to around 51,000 […]
Schneider Electric sets new sustainability targets and reports an 82.5% reduction in operational emissions
Schneider Electric has published the first results of its Impact 2030 sustainability program, the new strategic framework through which the French group measures progress in areas such as emissions reduction, energy efficiency, and technical skills development. For the first quarter of 2026, the company reported an internal Impact score of 3.40 out of 10, compared […]
Kaufland opens its first store in Chitila and continues expansion in the Bucharest metropolitan area
Kaufland Romania has inaugurated its first store in Chitila, Ilfov County, continuing its expansion strategy in the Bucharest metropolitan area, where competition among major food retail chains remains intense. The new unit, located on Șoseaua Banatului, will create approximately 70 jobs and strengthens the company’s presence in towns surrounding the capital. The store has a […]
Schneider Electric bets on building automation to reduce energy consumption
Rising energy costs are accelerating investments in building automation, while technology providers are seeking to capitalize on this trend through integrated energy management platforms. In this context, Schneider Electric is promoting in Romania its SpaceLogic KNX solution, designed to control and optimize consumption in residential and commercial buildings. The system is built on the international […]