All posts by tudor@cijeurope.com.

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.

 

Source: Profit.ro

Impact Begins Construction of the Aria Verdi Residential Complex

Developer Impact begins construction of the Aria Verdi residential complex in the Barbu Văcărescu area of ​​the capital, a project whose development value is EUR 501 million. The project has generated sales of EUR 13 million since its launch in February.

 

The first phase of the complex includes four buildings with 401 apartments, a commercial gallery on the ground floor, as well as green terraces and exclusively underground parking, on three levels.

 

“The start of work on ARIA Verdi, one of IMPACT’s major projects, marks the start of a new development cycle for the company, as well as the evolution towards a new type of product, with very high-rise buildings, luxury facilities and finishes. This new stage is supported by solid demand for our new project in Barbu Văcărescu,” says Dan-Sebastian Câmpeanu, CEO of IMPACT Developer & Contractor.

 

In total, the project will have 865 apartments upon completion.

 

Source: economica.net

Cordia Romania Breaks Ground on Centropolitan with over 12% pre-sales and EUR 8M+ in Transactions

Cordia Romania, a member of the Futureal Group, today marks a significant milestone with the cornerstone ceremony of Centropolitan, its premium residential project located in Bucharest, in the immediate vicinity of Bucharest Mall and Alba Iulia Square.

 

The event is attended by Tibor Földi, Chairman of the Board of Cordia Group, and Mauricio Mesa Gomez, Chairman of the Board of Cordia Romania and Spain, and signals the official launch of construction works for the 274-apartment development.

 

“The groundbreaking of Centropolitan is a defining moment for Cordia Group’s presence in Romania and reflects our long-term conviction in Bucharest as one of Central and Eastern Europe’s most dynamic residential markets. We are building here a new standard for urban living in a city that continues to grow in economic weight and in the aspirations of its residents”, stated Mauricio Mesa Gomez, Chairman of the Board, Cordia Romania and Spain.

 

The cornerstone ceremony comes in the context of a highly successful pre-sales phase, during which Centropolitan achieved a pre-sales rate of over 12% of the total project, representing transactions more than EUR 8 million (excl. VAT).

 

”Romania is entering a new phase of residential market maturity and Cordia is repositioning accordingly. Centropolitan is the first expression of a new development philosophy for our Romanian portfolio, a strategy that places long-term urban relevance, curated amenity and excellent location at the centre of every decision we make”, said Mauricio Mesa Gomez, Chairman of the Board, Cordia Romania and Spain. ”We are building a platform. The principles embedded in this project will define how we approach every future development in Bucharest.”

 

Demand was overwhelmingly driven by end-users, who accounted for approximately 80% of buyers, with the remaining 20% comprising investment-oriented purchasers.

 

During the pre-sales period, buyers were able to reserve apartments with starting prices from approximately EUR 170,000 plus VAT for one-room apartments and reaching approximately EUR 337,000 plus VAT for four-room apartments.

Global Technical Systems Relocates to Hermes Business Campus

Global Technical Systems (GTS), has relocated to an office space of approximately 800 square meters within Hermes Business Campus, in a transaction brokered by Colliers.

 

The transaction was preceded by an extensive “stay versus go” analysis, during which Global Technical Systems evaluated several options for the company’s future headquarters. Following this process, the northern area of Bucharest emerged as the natural choice due to its developed infrastructure, easy accessibility, and proximity to clients and corporate partners.

 

” Companies increasingly view office space as a strategic tool that influences operational efficiency, employee experience, and long-term business development. In the case of Global Technical Systems, the relocation process was built around a clear analysis of the company’s needs and how the organization aims to optimize and streamline its operations in the coming years. The choice of Hermes Business Campus reflects the growing interest in modern, well-connected buildings located in areas with easy access to clients and business partners”, explains Daniela Popescu, Director | Tenant Services & Workplace Advisory at Colliers.

Apartment Prices Rise in all Major Cities in Romania

Apartment prices have increased in all major cities in Romania, while rents have stagnated and even decreased. The exception is Timișoara, where rents have increased by almost 17%.

 

In March 2026 versus March 2025, apartment prices have increased in all major cities, from +3.6% in Galați to +12.5% ​​in Bucharest (2,009 EUR/sqm). Cluj-Napoca remains the most expensive city in the country (3,104 EUR/sqm), and Brașov has also passed the threshold of 2,100 EUR/sqm (2,171 EUR/sqm).

 

At the same time, the rental market is sending a completely different signal. In many cities, rents have stagnated or decreased, including in major centers such as Iași (-12.5%), Constanța (-11.1%), Oradea and Ploiești (-14.3%). The only notable exception is Timișoara, where rents increased by +16.7%.

 

Source: Profit.ro

The Magnum Ice Cream Company Leases about 2,000 sqm in the Globalworth Square Building

The international ice cream manufacturer The Magnum Ice Cream Company, which owns the Betty Ice factory in Suceava, is to open a service center for 200 employees in the Globalworth Square office building in northern Bucharest, owned by Globalworth.

 

Magnum’s new service center will occupy one floor of the building and will have approximately 200 workstations. The ice cream manufacturer is to take over the space in the coming days.

 

The Magnum Ice Cream, part of the Anglo-Dutch Group Unilever, is the largest company in the ice cream industry, with a share of about 21% on the global market. Unilever’s headquarters in Romania is in the AFI Lakeview building, located across the street from Magnum’s new service center.

 

Source: Profit.ro

Dan Şucu Receives Building Permit for Residential Project on Şoseaua Ştefan cel Mare in Bucharest

Dan Şucu, owner of Mobexpert and owner of the Rapid football team, together with his business partners, has the building permit for a residential project on Şoseaua Ştefan cel Mare in Bucharest. The land on which the apartments are to be built is located near the Dinamo stadium and the Circului park. The land has almost 15,000 square meters and is authorized for the construction of 11-story high-rise apartment buildings.

 

Previously, the land also had a PUZ (Urbanistic Zonal Plan) that provided for the construction of four blocks.

 

The company is owned by Dan Şucu (40%), Diana Şucu (10%) and ROCON A.C.M.I owned by Nicolae Rebedeu. Rebedeu is a shareholder with smaller stakes in several Conarg companies.

 

Source: economica.net

Dedeman Exceeds RON 13 billion in Sales in 2025, but Profit Stagnates

Dedeman ended 2025 with a turnover of RON 13.16 billion  (approx. EUR 2.61 billion), up 7% compared to the previous year, but with a net profit almost identical to that of 2024 — RON 1.63 billion (EUR 324 million). The results come in the context in which Pavăl Holding, the investment vehicle of brothers Adrian and Dragoş Pavăl, is negotiating the takeover of Carrefour Romania in a transaction valued at EUR 823 million.

 

Dedeman SRL’s turnover rose from RON 12.29 billion in 2024 to RON 13.16 billion in 2025, an advance of 7%. Thus, sales amount to EUR 2.61 billion, placing Dedeman among the largest private companies in Romania by turnover.

 

Net profit, however, stagnated: RON 1.635 billion compared to RON 1.636 billion in 2024, a symbolic decrease of 0.1%. The company hired 389 more people compared to 2024, reaching 12,702 employees, and increased its debts by 7.7%, from RON 1.87 billion to 2.01 billion. Thus, Dedeman’s three-year profit can cover the acquisition of Carrefour.

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