CTP Targets 4 Million sqm Portfolio in Romania Within Four Years

CTP Romania plans to expand its local portfolio beyond 4 million sqm of gross leasable area within the next three to four years, reinforcing its position as the country’s largest industrial and logistics developer.

The company’s flagship project, CTPark Bucharest West, is set to become Europe’s largest industrial park, with a planned leasable area of 1.5 million sqm. According to CTP Romania Managing Director Ronald Binkofski, Romania remains one of the group’s most attractive growth markets despite ongoing economic uncertainty.

Alongside its expansion in Romania, CTP is also evaluating opportunities in neighboring Moldova, citing the country’s strategic location and growing logistics potential. The developer continues to see strong demand from international and local occupiers, supported by Romania’s improving infrastructure and its role as a regional distribution hub.

CTP currently owns a Romanian portfolio of approximately 3.3 million sqm under management and expects sustained growth driven by both new developments and increasing tenant demand.

CPI Romania Joins Bucharest Design Festival as Main Partner of BDF GO!

CPI Romania has become the Main Partner of BDF GO!, one of the largest initiatives within Bucharest Design Festival, connecting more than 120 creative spaces, galleries, studios, cultural organizations, and local businesses across the city.

The partnership underlines CPI Romania’s commitment to supporting projects that strengthen urban communities and promote cultural engagement. As part of the collaboration, the company is also backing the publication Wandering Through Bucharest. A Dictionary of Bucharest Streets by Sorin Bordușanu, an editorial project that invites residents and visitors to explore the stories behind the capital’s streets and neighborhoods.

“Cities are defined by the communities that bring them to life and by the stories that shape their identity,” said Fulga Dinu, Country Manager of CPI Romania. “Through this partnership, we aim to encourage a deeper connection with Bucharest’s history, culture, and urban identity.”

The collaboration further expands CPI Romania’s involvement in initiatives that generate social value and contribute to the development of vibrant, sustainable urban destinations.

Malvensky Opens Store in Cluj-Napoca Following Strong Online Growth in Transylvania

Romanian jewelry brand Malvensky has opened a new store in Cluj-Napoca, building on the strong customer base it has developed in Transylvania through online sales.

The new location brings the brand’s physical retail experience closer to customers in western and central Romania and marks the next step in Malvensky’s regional expansion strategy.

The opening follows several years of growing online demand from Transylvania and reflects the brand’s long-standing connection with the region through the Transylvania Open tennis tournament, for which Malvensky has created the event’s trophy-jewelry pieces for more than six years.

Malvensky estimates that the Cluj-Napoca store will contribute to a roughly 20% increase in sales volume while supporting further brand development in Transylvania. Cluj-Napoca is viewed as a strategic market, offering an opportunity to attract new customers and strengthen the brand’s presence across the region.

Equans chooses One Cotroceni Park for Romanian IT hub

French energy and technical services group Equans, part of Bouygues Group, has leased 1,600 sqm of office space in One Cotroceni Park, where it has established its Romanian headquarters and a new IT hub.

Operational since March 2026, Equans IT Hub Romania will provide cybersecurity, identity and access management, ERP, data analytics and artificial intelligence services to the group’s operations across multiple countries.

The company plans to build a team of more than 150 IT specialists in Bucharest and is currently recruiting for a range of technology and cybersecurity positions.

The lease transaction was advised by Cushman & Wakefield Echinox.

Located near Academia Militara metro station, One Cotroceni Park is a mixed-use development by One United Properties comprising Class A offices, residential units and retail amenities. The office component is certified LEED Platinum and WELL Health & Safety.

Equans operates in 20 countries, employs approximately 83,000 people and reported revenues of EUR 18.7 billion in 2025.

Eurowind Receives Permit for 50 MW Hybrid Wind-Solar Project in Romania

Eurowind Energy Romania has obtained the construction permit for the Siminoc project, its first hybrid wind-solar park in Romania. Located in Constanța County, the development represents an investment of approximately €65 million.

The project will have a total installed capacity of 49.6 MW, split equally between wind and solar generation, and is expected to produce around 120 GWh of electricity annually—enough to power more than 50,000 households.

Backed by Romania’s Contracts for Difference (CfD) scheme, construction is scheduled to begin in 2027, with commissioning planned for 2028.

“This project reflects our vision of combining renewable generation with energy storage to deliver greater flexibility and support the integration of clean energy into the grid,” said Adrian Dobre, Country Manager of Eurowind Energy Romania.

The company aims to reach 1 GW of installed capacity in Romania by 2030 through investments of approximately €1 billion.

EBRD Grants €175 Million Loan to PPC for Renewable Energy Projects in Romania, Greece and Bulgaria

The European Bank for Reconstruction and Development (EBRD) has approved a €175 million loan to Public Power Corporation (PPC) to support renewable energy investments across Romania, Greece and Bulgaria.

The financing will enable the development, construction and operation of approximately 400 MW of new wind and solar capacity, expected to generate around 760 GWh of clean electricity annually and reduce CO₂ emissions by about 300,000 tonnes per year.

The loan is backed by the InvestEU programme, which provides a first-loss guarantee from the European Union, helping mobilize long-term financing for large-scale renewable energy projects.

In addition to supporting the energy transition, the initiative includes a skills-development component focused on battery energy storage systems, aimed at increasing workforce participation in the clean energy sector.

PPC is one of Southeast Europe’s largest integrated energy groups, while PPC Renewables Romania is currently the country’s largest private renewable energy producer, with an installed capacity of approximately 1.6 GW.

Romania: PM-Designate Tomac Faces Resistance as Coalition Talks Begin

Prime Minister-designate Eugen Tomac has launched consultations with Romania’s parliamentary parties, but the first round of talks highlighted significant obstacles to securing support for a new government.

Both the National Liberal Party (PNL) and the Save Romania Union (USR) expressed reservations about backing a technocratic cabinet, arguing that such a government would lack the political strength needed to implement key reforms. The Social Democratic Party (PSD), meanwhile, indicated that any support would depend on abandoning the austerity measures associated with former Prime Minister Ilie Bolojan’s administration.

Despite the cautious responses, Tomac said he remains confident that he can secure the 233 votes required for parliamentary approval. He has intensified discussions with the Democratic Alliance of Hungarians in Romania (UDMR), representatives of national minorities, and independent lawmakers in an effort to build a governing majority.

The consultations come amid growing pressure to restore political stability and advance Romania’s reform agenda. Party leaders are expected to clarify their positions later this week after internal consultations.

Tomac is also scheduled to hold talks with opposition parties AUR and SOS Romania as efforts to form a new government continue.

The outcome of the negotiations will determine whether Romania can quickly establish a stable government capable of advancing fiscal, economic and reform commitments, or whether prolonged political uncertainty will continue to weigh on policymaking and investor confidence.

The Concept Begins Regional Expansion and Enters the Polish market

The Concept, a consulting company specializing in residential sales and strategy for real estate developers, announces the expansion of operations in Poland, marking the company’s first major step outside the Romanian market.

The company has 15 years of activity on the local market and over 130 coordinated residential projects.

“We enter Poland with the same philosophy that underpinned The Concept’s development in Romania: clear processes, solid partnerships and a focus on measurable results. We see Central and Eastern Europe as a connected ecosystem, in which capital, expertise and opportunities flow more and more naturally between markets. Our role is to facilitate these connections and offer developers and investors a predictable growth and commercialization model”, said Daniel Tudor, Founding Partner – CEO THE CONCEPT GROUP.

Operations in Poland will be coordinated by Monika Woźniak-Zawioła, a professional with over 25 years of experience in real estate, involved in projects and transactions worth over EUR 1 billion.

Wallberg Launches The Idol, the Second Phase of the XCity Towers Project

The developer Wallberg Properties, controlled by businessman Valentin Morar, launches The Idol, the second phase of the XCity Towers project in Timisoara.

With a value that will approach Eur 100 million, the second phase will bring to the market 4 buildings with 500 housing units, 600 parking spaces and green areas on an area of approximately 2 hectares. The first building in this phase for which pre-sale reservations have begun will include 142 apartments.

Wallberg operates in Arad, Cluj, Brașov and Timișoara. In recent years, the developer has been involved in the premium Arad Plaza project, located in the center of Arad and completed in 2018, and in the Sunnyville complex in Brașov and XCity Towers in Timișoara.

Source: Profit.ro

Sika Acquires new Factory

The transaction by which the Swiss construction materials manufacturer Sika takes over the companies Akkim Yapı Kimyasalları Sanayi ve Ticaret Anonim Şirketi, Turkey, Akfix Kimya Ticaret Limited Şirketi, Turkey, Akde Kimya Sanayi ve Ticaret Anonim Şirketi, Turkey, as well as Akkim Europe SRL, Romania, was approved by the Competition Council. Akkim operates two units, in Turkey and Romania in the city of Ploiești.

In 2019, Sika bought Arcon Membrane and AdePlast. The Sika Group has subsidiaries in 102 countries and owns over 400 production units.

Sika Romania currently has a team of over 600 employees and owns 5 industrial platforms strategically located throughout the country.