BIPA Inaugurated the First Store in Romania

BIPA, the drugstore brand of the German group REWE, officially entered the Romanian market by opening its first store, located in Mega Mall Bucharest.

The first BIPA store in Romania of the Austrian brand has an area of ​​approximately 370 square meters and is served by a team of 14 employees.

 

After the opening of the store in Mega Mall Bucharest, BIPA aims to continue expanding on the local market. Starting with 2026, the company plans to open between 20 and 25 stores per year, Romania becoming the third country in the brand’s international expansion strategy, after Austria and Croatia.

 

With 45 years of experience in drugstore retail, BIPA is today the drugstore market leader in Austria and a leading player in Croatia.

 

M Core Opens new Retail Park in Bucharest

Square 7, part of M Core, is opening a new retail park in Bucharest. The works are in full swing, and some stores are already stocked. The retail park was built on a 3.2-hectare plot of land, acquired in April 2025, and is the group’s first project build from scratch in the capital.

 

M Park Titan  has approximately 8,500 sqm of built space, and confirmed tenants include: Animax, BeFit Gym, Deichmann, dm drogerie markt, Dr. Max, Esenţa Plant, Flanco, JYSK, KFC, Las Vegas Games, Mesopotamia, Pepco, Sinsay, Tedi and Worldbox.

 

Initially, the opening was scheduled for December 2025. M Core is a group of real estate investment and management companies, which includes LCP, Sheet Anchor, Proudreed and Sheet Anchor Evolve.

 

Source: economica.net

 

Terranova Logistic Park in Northern Bucharest Has Been Sold

Terranova Logistic Park, located on the Bucharest-Târgovişte Road, in the northern area of ​​the Capital, has been sold to a group of investors active in the local real estate market, in a transaction brokered by the real estate consultancy Cushman & Wakefield Echinox.

 

The logistics park was previously owned by a private group of investors, including the owners of Agora Plast, a plastics producer.

“The main advantage of the area where this project is located is its strategic positioning, with easy access to the Bucharest Ring Road. This location benefits from very good connections to both the main road transport arteries around the Capital, as well as to the motorways, which is essential for logistics and distribution activities,” says Ştefan Oprea, Consultant Land & Industrial Agency Cushman & Wakefield Echinox.

 

Terranova Logistic Park has two office buildings with areas of 2,000 and 1,000 square meters, and two storage halls of 7,000 and 5,000 square meters, located on a plot of 25,000 square meters. Several companies operate within the project, with an occupancy rate of over 95%.

Hesburger Invests EUR 1 mln in New Restaurant in Cosmopolis Plaza

The Finnish fast-food restaurant chain Hesburger has opened a new unit within Cosmopolis Plaza, following an investment of EUR 1 million. The new restaurant occupies 223 square meters and has a total seating capacity of 62 seats, of which 30 are indoors and 32 on the terrace.

 

The unit joins the tenant mix at Cosmopolis Plaza, a retail park opened in 2023 by developer Opus Land Development. Covering 20,000 square meters, the shopping center brings together more than 70 retailers, including major retailers such as Carrefour, Lidl, C&A, Pepco, Sinsay, Jysk, Noriel, CCC, Spartan, Domino’s Pizza and 5 to Go. World Class also operates the largest fitness club in the north of Bucharest.

 

The residential development has so far attracted investments in excess of EUR 455 million and is home to a community of more than 17,000 residents. The developer estimates that by 2035, the project will integrate more than 12,000 homes and a community of about 35,000 people.

 

Romania’s Storage Gap Draws MetaWealth into EUR 110m grid-scale Battery Investment

MetaWealth, a European Real Assets Investment Platform, is entering the battery energy storage system (BESS) market with multiple grid-scale storage projects in Romania, as growing renewable power generation increases demand for flexible power infrastructure.

 

BESS has expanded rapidly across Europe, with installed capacity growing at an average annual compound growth rate of nearly 50% over the last decade and reaching more than 61 GWh by the end of 2024 and is expected to grow ten-fold by 2030.

Romania generates close to half of its electricity from renewable sources, yet it has limited operational battery storage capacity. That imbalance has increased the need for grid-scale flexibility, drawing institutional attention to energy storage as essential infrastructure rather than an emerging technology.

 

MetaWealth’s initial BESS EUR 22 million investment will total 130 megawatt-hours (MWh) across standalone and co-located assets. The first anchor project is a 100 MWh standalone battery system in Dumbrava, Neamț (Romania), located close to existing grid infrastructure and renewable generation capacity. In parallel, the company is developing 30 MWh of co-located storage across multiple sites connected to existing grid connections.

 

The first 30 MWh is targeted to become operational in Q3 2026, with the full 130 MWh commissioned by Q4 2026. MetaWealth said the projects form the foundation of a longer-term Romanian storage platform, with a further 650 MWh under development across multiple sites totalling EUR 110 million.

 

“Battery storage has moved from being a supporting technology to becoming essential grid infrastructure,” said Richard McLaughlin-Duane, who leads Origination and Structuring at MetaWealth. “In markets like Romania, renewable generation has scaled faster than system flexibility. That creates volatility, but also a clear investment case for storage when projects are built to institutional standards with the right locations, grid access, and execution discipline from day one.”

The First Phase of the Cloud9 Evolution Project will be Delivered in 2026

Cloud9, part of the real estate division of Alfa Group, announces the completion of the structural works for the three buildings included in the first phase of the Cloud9 Evolution project, which is already over 50% sold. Construction activities are currently focused on the installation of ventilated façades, electrical and mechanical systems, as well as on interior finishing works.

 

Last year, the developer completed more than 88,000 square meters in the first phase of Cloud9 Evolution and commenced works on the second phase, maintaining an execution pace aligned with the initial planning and the assumed delivery timelines.

 

The two phases of the project total approximately EUR 170 million in investment and will deliver over 1,140 apartments, more than 1,200 parking spaces, one hectare of green areas, and a complete range of amenities dedicated to modern urban living.

 

A strategic component of the project is the EUR 3 million investment in a private educational unit, scheduled to open this year. Its integration reinforces the project’s alignment with the “15-minute city” model, a concept gaining relevance in Bucharest amid growing pressure on urban mobility.

 

Radu Grigorescu, CCO of Cloud9, adds: “2025 was the year when the premium residential market recalibrated around new criteria: energy efficiency, proximity, community, and predictability. The Unlock study confirms what we also observe in sales dynamics: buyers are no longer looking just for an apartment, but for a place to live well, in a coherent and sustainable environment. In this context, the financial model implemented across Cloud9 projects continued to generate trust during a period marked by economic uncertainty. The low minimum down payment, the financing structure based on a balanced mix of equity and bank financing, and the use of escrow accounts for buyers’ payments have allowed project development to proceed independently of the pre-sales pace, offering a high level of investment protection for clients.”

 

“2026 is the moment when we consolidate everything we have built over the past few years. The market is changing, and buyers are far more attentive to quality, execution pace, and long-term value. Cloud9 Evolution is a solid project, responsibly financed and focused on amenities that truly make a difference in everyday life. The completion of the first phase and the opening of the school in 2026 will confirm the direction we have committed to: developing complete urban communities, where living is not just a product, but a predictable and sustainable life experience,” adds Răzvan Brasla, CEO of Cloud9.

 

IULIUS strats work at Family Market Tomești

Family Market Tomești, a project developed by IULIUS Company, has obtained the building permit, marking an essential step in the development of the new convenience retail concept dedicated to the local community. The EUR 28 million investment will include a leasable area upwards of 13,000 sqm, featuring a customized mix of facilities, services and diverse brands, more than 10,000 sqm of green spaces, leisure facilities and outdoor activities, approximately 450 parking spaces, as well as new pedestrian connections and access points following investments geared towards remodeling the infrastructure in the area. The estimated completion term for this project is the last quarter of 2026.

 

The project will be anchored by Kaufland hypermarket, the sports area will feature a Stay Fit Gym location, and the tenant mix will be complemented by a Pepco store. Furthermore, Dr. Max will open a drugstore, Agroland will offer a diverse range of gardening and pet shop products, and Mado will open a restaurant here. The project will also integrate local entrepreneurs: Happy & Hop will launch a concept location for children, Kosarom will open a Fine Store type location, and Teo’s Café, Flower Boutique and the Atipic salon will also open locations here, alongside a Praxis medical testing laboratory and an Xpress convenience store. The list will also be complemented by other retailers and various facilities.

 

“Obtaining the building permit marks an important step for Family Market Tomești, which sets out to become a landmark for the eastern area of Iași City. The project will address a trade area comprising approximately 55,000 people, as estimated within a 10 minutes driving radius and including nearby towns, and it will support local economic development and create new jobs. We also believe that Family Market Tomești will become an attraction for residents from the Republic of Moldova, who frequently transit through this area when traveling to Iași. The construction works are already underway and the project is estimated to be completed in the last quarter of this year,” said Radu Pârlea, Family Market Shopping Center Manager.

 

Bellemonde Starts Construction Works for Bellemonde Privée

Bellemonde announces the official start of construction works for Bellemonde Privée, a new premium residential project located in the Pipera, Vasile Alecsandri area. The project represents a total investment of EUR 25 million and will add 52 villas to an already developing residential community.

 

Bellemonde Privée is developed on a 25,000 sqm plot and features a balanced mix of 16 detached houses, 24 duplex units, and 12 townhouses. The architectural and design concept is signed by Răzvan Bârsan + Partners. The lifestyle component is complemented by shared amenities dedicated to residents, including a multifunctional sports court, generous green areas, and an outdoor swimming pool.

 

The investment benefits from the support of Vista Bank, which covers approximately 65% of the total construction value through a financing partnership that provides stability and predictability throughout the implementation process.

 

„The development of this project is supported by Vista Bank as a financing partner, providing a strong financial foundation for its implementation. This partnership confirms our disciplined and responsible approach to investment. This support allows us to move forward with construction in a stable and predictable way, while staying true to the quality standards we have set. Bellemonde Privée builds on our long-term vision of premium living, and the launch of sales has already shown the market’s interest from the very early stages of development „ stated Victor Terheș, Chief Commercial Officer Bellemonde.

 

Structural works will be carried out by Confrasilvas. The execution contract has already been signed and according to the established schedule, the estimated completion timeframe for the project is 18 months from the start of construction works.

Jack &Jones Opens First Store in Romania, in Promenada Mall in Sibiu

Clothing retailer Jack &Jones will soon open its first store in Romania, in Promenada Mall in Sibiu. Currently, the company is hiring sales representatives for this location.

 

The Jack &Jones network has over 600 stores in Europe, as follows: 292 stores in Germany, 112 stores in Spain, 88 stores in France, 50 units in the Netherlands, 39 stores in Belgium, 37 stores in Denmark.

 

The Jack & Jones brand is operated by the Bestseller company, founded by the Povlsen family in Denmark in 1975. Bestseller also owns the brands Only, Only & Sons, Vero Moda, Selected, Vila, Noisy May, the children’s clothing brand Lil’Atelier and Mamalicios.

 

Source: economica.net

Global Vision to Complete Diehl Aviation’s Factory This Year

Recently, Global Vision attracted EUR 12.7 million in a development loan for the factory for German company Diehl Aviation, part of the Diehl group. Completion of construction works is planned for the middle of this year, and production is scheduled to begin shortly thereafter.

 

At launch, the new factory will have about 75 employees, and in the medium term, plans are to reach about 500 employees in Romania.

 

The Craiova factory will collaborate closely and efficiently with Diehl Aviation’s existing locations in Hungary and Germany. The production in Romania will increase operational flexibility and strengthen supply chain security in the company’s global network. The German group also has a subsidiary in Romania, Diehl Controls.

 

Source: economica.net

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