Giuseppe Carella takes leadership of Nestlé Romania and the SEE region
Nestlé emphasizes Romania’s strategic importance by appointing Giuseppe Carella to key positions, strengthening regional development and consumer focus. Giuseppe Carella has been appointed Country Manager of Nestlé Romania and CEO for the South-East Europe (SEE) region, overseeing operations in Romania, Bulgaria, Ukraine, Moldova, and the Adriatic countries, with headquarters in Bucharest. This dual responsibility reflects […]
Petr Baron appointed Chairman of tbi bank following Advent International acquisition
The leadership changes at tbi bank highlight the bank’s commitment to developing a digital-focused challenger bank with enhanced customer experience. Petr Baron has been appointed Chairman of the Board of Directors at tbi bank, shortly after the appointment of new members to the Supervisory Board, as part of the post-acquisition reorganization by Advent International, one […]
One United Properties proposes two new Board members with international profiles and capital markets expertise
The company is adjusting its governance structure ahead of a new stage of development, proposing two directors with experience in global investments and financial transactions. One United Properties proposes to shareholders the appointment of two new members to the Board of Directors — Uwe Krueger and Doru Lionăchescu — at the General Meeting scheduled for […]
Bucharest enters the luxury retail map: sales exceed €150 million while Europe slows down
Romania’s capital is emerging as a growing market for luxury brands, in a European context marked by moderate growth and strategic repositioning. The luxury retail market in Bucharest has surpassed €150 million in annual sales, double compared to 2019, according to Cushman & Wakefield Echinox analysis. This evolution contrasts with the European trend, where the […]
Apartment transactions in Bucharest drop nearly 19% in the first two months of the year amid permit shortages and high construction costs
The local residential market is undergoing a period of structural adjustment, with significant transaction declines, price pressures, and a limited pipeline for the next two years. The first two months of 2026 saw an 18.6% decrease in apartment transactions in Bucharest compared with the same period last year, according to Crosspoint Real Estate analyses. In […]
Hranipex leases 3,000 sqm in CTPark Bucharest South to expand operations
The Czech supplier of edgebanding, adhesives, and furniture industry products is relocating and expanding its activities in Romania, choosing a modern and flexible space in a strategic industrial park. CTP, the largest industrial and logistics property developer and operator in Europe by leasable area, announces the lease of nearly 3,000 sqm to Hranipex in CTPark […]
AI is transforming Romania’s real estate market: buildings and cities become smarter and more flexible
Artificial intelligence is redefining how buildings are designed, operated, and evaluated, influencing demand and investment in Romania’s office, retail, and logistics markets. According to the report “The Impact of AI on the Real Estate Market” by Cushman & Wakefield Echinox, the adoption of AI technologies is beginning to fundamentally change tenant and investor requirements. In […]
PENNY opens its first store in Brânceni, expanding the network to 463 units
The retailer continues its national expansion by entering Teleorman, strengthening its presence in growth-potential areas and adapting its offering to local needs. PENNY inaugurated its first store in Brânceni, located at Strada Principală no. 2, bringing the national network to 463 units. The new location covers 857.2 sqm of sales space and offers 75 parking […]
One United Properties expands the Floreasca series with One Floreasca Sunset, a residential complex with panoramic views
The new project strengthens the company’s presence in northern Bucharest and stands out through its location, unit mix, and integration of green spaces, targeting the premium segment. One United Properties acquired a 9,045 sqm plot on Strada Barbu Văcărescu, between Floreasca and Tei Lakes, for the development of One Floreasca Sunset, a premium residential complex […]
Colliers brings the Piața 9 concept to Bucharest: betting on artisanal food retail in office buildings
Integrating a local food concept into an office building in the CBD reflects a shift in owner strategy: activating ground-floor spaces to increase asset attractiveness. The entry of the Romanian brand Piața 9 into Bucharest marks more than geographic expansion: it is a test for integrating artisanal food concepts into office building ecosystems. The transaction, […]