Erbaşu Constructions Invests RON 86 million in Construction Waste and Glass Recycling Plant

Erbaşu Constructions, a company owned by the Erbaşu family, is investing approximately RON 86 million in a construction waste and glass recycling plant, which will be completed this summer.

“As a large construction group, we inevitably generate significant volumes of waste, and the recycling plant allows us to make the transition from being a waste generator to a recycler and valorizer,” said Cristian Erbaşu, CEO of the company.

The recycled materials will mainly come from the group’s current activity, but the plant will also serve other contracts and partnerships concluded with construction companies in the Bucharest-Ilfov region. The completion of the recycling plant is scheduled for June 30, 2026. This is one of the largest investments made in the recycling area in Romania.

Source: zf.ro

One United Properties Recorded Residential Sales and Pre-sales of EUR 174 mln in 2025

Real estate developer One United Properties recorded residential sales and pre-sales of EUR 174 million in 2025, compared to EUR 227 million in 2024, with a total area of 57,018 square meters of residential and commercial space transacted.

The results reflect the sale and pre-sale of 577 apartments and commercial units, as well as 768 parking spaces.

“In 2025, the residential market continued its transformation, shifting its focus from volume to quality, location and community. Transactional activity slowed down nationwide, with a sharper correction in the Bucharest metropolitan area, while VAT changes introduced mid-year amplified volatility, accelerating decisions before August and tempering demand thereafter. In this context, we focused on selling available units in developments close to completion, where visibility of execution supports both price levels and revenues,” said Victor Căpitanu, co-CEO of One United Properties.

Nusco has sold 30% of Phase III of Nusco City

Nusco has sold more than 30% of the total units planned for Phase III of the Nusco City project in just two months after obtaining the construction permit.

In November 2025, Nusco announced the issuance of the construction permit for Phase III of the Nusco City project, a phase that continues the development of the project’s entire 23-hectare mixed-use area.

Phase III of Nusco City includes 836 apartments, 1,063 underground parking spaces, 1,600 sqm of retail space, and a generous inner courtyard with extensive green areas. This stage continues the development of the “tiny forest” (mini-forest) concept introduced in Phase II. As a result, Phase III of Nusco City – together with Phases I and II – brings the total green area within Nusco City to over 36,000 sqm, featuring more than 1,553 trees, 24,309 shrubs, over 3,700 perennial plants and ornamental grasses, and specially designed green areas developed with the expertise of the University of Agronomic Sciences and the Faculty of Horticulture, Department of Landscape Architecture, Biodiversity, and Ornamental Horticulture. The tiny forest concept is integrated into the entire Nusco City master plan and will be developed across all phases of the project.

“The third phase of our Nusco City development – already a landmark for Bucharest’s urban growth – highlights the scale of the project and marks an important milestone. This phase also includes the development of the Hyatt Hotel, the Medicana Hospital, and a private school, all planned with separate and specific documentation aligned with their operational profiles. Meanwhile, the 836 new homes are already finding the families who will complete the beautiful Nusco City community,” stated Michele Nusco, CEO of Nusco.

Safeway Invests EUR 5.2 million in New Logistics Center

The Safeway Group announced that it is investing EUR 5.2 million in a new logistics center and accelerating the development of infrastructure in Cluj and nationwide.

With this investment, Safeway doubles its storage capacity in 2026. The new logistics center represents an important step for the entire Safeway Group, being developed on a total area of approximately 5,500 square meters, with a compartmentalization oriented towards operational efficiency: 4,920 square meters dedicated to the storage area; 580 square meters allocated to administrative and office spaces.

“This investment is part of a long-term strategy of consolidation and development. We are focusing on high-performance logistics and digitalization to support the growth of our brands and to develop product distribution for our partners,” said Ghassan Shakhshir, CEO of Safeway Group. Founded in 1992, Safeway Group has constantly evolved from a local distributor to an integrated structure that includes distribution, packaging and retail.

Source: economica.net

Holcim Romania Acquires Uranus Pluton

Swiss cement producer Holcim acquires Uranus Pluton SRL, a granite quarry operator active since 2004 in Cerna, Tulcea County.

The transaction strengthens the company’s position in the infrastructure materials and railway construction market. With this acquisition, Holcim Romania enters the market of quarry stone products used in asphalt production, railway applications and large-scale projects.

“We are pleased to welcome Uranus Pluton to the Holcim family. This acquisition expands our capabilities in the infrastructure value chain and reinforces our commitment to providing safe, reliable and high-quality solutions for Romania’s growing construction and mobility needs,” said Bogdan Dobre, CEO Holcim Romania & Market Head Moldova.

Holcim also recently bought Xella Romania, one of the leaders of the local construction materials market, the largest acquisition of the Swiss group in the last almost 5 years.

Source: Profit.ro

American Chain Chili’s Enters Romania

tudor@cijeurope.com
5 February 2026
Retail

The American casual dining restaurant chain Chili’s has opened its first unit on the local market, located in the Mall Băneasa shopping center in Bucharest, following an investment of more than EUR 1 million. The project is developed by a group of local investors who have set an accelerated expansion, aiming to reach a minimum of 10 restaurants nationwide by 2030.

The shareholder structure of the company that owns the local franchise consists of four partners: Mohamed Kotop, who is also the administrator, Honorius Prigoană, Horea Dinea and Ioan Anton Măzărianu.

The expansion strategy is not limited to shopping centers, although statistics show that 90% of Chili’s restaurants outside the US operate in malls. Investors are also considering locating future units in military bases, with talks in the works for a possible opening in the Mihail Kogălniceanu Military Base.

THR Marea Neagră Sells Hotel Siret for EUR 3.5 Million

Turism, Hotels, Restaurants Black Sea SA has approved the sale of several strategic assets from its portfolio on the coast. The decisions concern both the awarding of the tender for the Siret hotel complex and the approval of direct negotiations for other accommodation and catering establishments located in the Saturn and Venus resorts, the buyers being companies controlled by investors Mariana and Nicolae Movileanu.

The company announced the award of the public tender for the Siret hotel complex in the Saturn resort at a price of EUR 3.5 million plus VAT.

This sale is part of a broader plan to restructure the portfolio and mobilize capital, initiated by the management of THR Marea Neagră Sea against the backdrop of financial constraints, a strategy that in 2025 also included the auctioning of the Bran-Brad-Bega complex in Eforie Nord and the Magura complex in Eforie Sud.

City Grill Acquires Historic Gambrinus and Monte Carlo Buildings

Dragoș Petrescu, owner of the City Grill group, has completed the acquisition of the historic buildings in the center of the capital where the Gambrinus Brewery and the Monte Carlo restaurant used to operate.

The acquisition of the former Gambrinus Brewery aims to launch a new concept, which will keep the historical imprint but not the original name. Petrescu emphasized that the goal is to create a “cool” and attractive space for young people. A similar strategy has been applied to the former Monte Carlo restaurant in Cișmigiu Park, which will be acquired and temporarily operated in 2025 under the pop-up brand “N/A – Not Available”, and will be inaugurated in 2026 under a permanent concept.

For the year 2026, City Grill has allocated an investment budget of EUR 7 million, which also includes the completion of the renovation of the Cerbul Carpatin restaurant in Brasov.

The City Grill Group ended 2025 with revenues of around €90m, showing a nominal increase of 6.5-7% on the previous year.

TEDi Aims to Reach 100 Stores in Romania by 2026

tudor@cijeurope.com
3 February 2026
Retail

Retailer TEDi opened its 73rd store in Romania earlier this year. The company is aiming for accelerated expansion, aiming to reach 100 stores by the end of the year.

The company has a network of 3,700 stores in 15 European countries and was founded in Dortmund in 2004.

TEDi consists of household products, home and decoration items, stationery and DIY items, gift and party accessories, drugstore and cosmetics. Almost a quarter of the products sold in TEDi stores are manufactured in Germany or other EU countries.

Romania: Residential Building Permits Rise by 4.4%

The number of building permits for residential buildings registered last year was 4.4% higher than in 2024, standing at 37,252, according to data from the National Institute of Statistics.

Increases were recorded in all development regions: North-West (+309 permits), Center (+279), West (+213), Bucharest-Ilfov (+180), North-East (+166), South-East (+164), South-West Oltenia (+145) and South-Muntenia (+129).

In December 2025, the number of building permits issued for residential buildings decreased by 9.4% compared to the previous month and increased by 5.5% compared to December 2024. INS data show that in December 2025, 2,650 building permits were issued for residential buildings with a total useful area of 894,770 square meters. Of the total building permits for residential buildings, 72.3% are for rural areas.

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