Category: News

SPEEDWELL, one of the most active real estate developers in Romania, announces the completion of construction works for the first 123 apartments in the mixed-use urban regeneration project, PALTIM. The delivery is scheduled for the first quarter of 2024. The first phase of the project, close to be finalised, will deliver a total of 123 […]

Cătălin Rotaru, CEO of THETA Furniture & More Theta Furniture & More, one of Romania’s leading integrators of interior design and fit-out solutions, announces that the company’s revenues have increased by 35% in 2023, in line with the business targets set at the beginning of the year. “We are pleased with this result, especially as […]

CTP has leased 13,000 sqm of production space at CTPark Deva II in western Romania to leading Chinese automotive component company KSHG Auto Harness. The company is significantly expanding its presence at the park, having already taken 8,000 sqm of production space there in 2022. KSHG Auto Harness now leases a total of 21,000 sqm […]

Radu Berevoescu, General Manager & Senior Commercial Director East Balkans, PepsiCo PepsiCo, one of the leaders in the food and beverage industry, announced a $13 million investment in installing a modern fully automated production line at its soft drink factory in Dragomirești. The production line is considered the most automated in PepsiCo’s portfolio in Europe […]

Lior Bebera, General Manager of Radisson Blu Hotel, Bucharest & Park Inn by Radisson Bucharest Hotel & Residence Lior Bebera, a leader with 25 years of international experience in the hospitality sector, has taken over the management of Radisson Blu Hotel, Bucharest, and Park Inn by Radisson Bucharest Hotel & Residence in the role of […]

The installation of solar panels is expected to speed up in the coming period, with Romania potentially exceeding 4,000 MW of installed power in photovoltaic parks next year, according to an analysis by ECITIM, a Romanian start-up in the energy sector and the first company in Romania that has enabled ordinary Romanians, through the EnergiePentruToti.ro […]

Dani Shawu, CEO of Regency Front Regency Front, one of the largest manufacturers of MDF fronts, has invested 6 million euros in a new line dedicated to painted doors, with last generation technology and equipment. Production capacity reaches 700 sqm/exchange and also integrates, at the same time, the largest lacquer line in Romania and fully […]

On the 9th of December 2023, HUGO BOSS, one of the world leaders in the premium and luxury fashion segment, opened its first location outside the Capital in the Palas Iași mixed-use complex and its fourth store in Romania. The German fashion group is present in the Palas Iași complex with BOSS, one of the […]

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased over 1,800 sqm of warehouse and offices in CTPark Bucharest North for HELL ENERGY Romania, a fast-developing FMCG brand’s Romanian company, which quickly became a prominent player on the international energy drink market, being the […]

Carmen Peli (Partner) and Delia Dumitrescu (Associate) PeliPartners assisted Societatea de Producere a Energiei Electrice în Hidrocentrale Hidroelectrica, in the acquisition process of the business lines related to the ABC platform and Câlnicel platform owned by UCM Reșița, the oldest industrial unit in Romania. The transaction is structured as a business transfer, consisting in the […]