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Category: News

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 […]

CEC Bank strengthens its position on the external remittances market through the expansion of its international transfer services

CEC Bank is expanding its money transfer services by introducing the possibility to send funds from Romania to other countries directly through its branch network, in partnership with the Transfer Rapid platform. The initiative marks an expansion of the bank’s presence in the international remittances segment, a market driven both by labor mobility and the […]

CTP expands iwis factory in Oradea by 4,000 sqm, strengthening the industrial platform at the western border

CTP has completed the expansion of the 4,000 sqm production facility operated by iwis within CTPark Oradea City, increasing the German automotive manufacturer’s total occupied area to 11,000 sqm. The project comes four years after iwis entered the industrial platform in northwestern Romania and reflects a gradual growth of local operations. The expansion is intended […]

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