All posts by tudor@cijeurope.com.

PENNY Inaugurates New Store in Nehoiu

PENNY continues to expand its network nationwide and inaugurates a new store in Nehoiu, Buzău County, located on Str. 1 Decembrie 1918, no. 3-5. This opening marks the achievement of the threshold of 425 stores in Romania.

The new store has a sales area of 859 sqm and offers customers 81 parking spaces, of which 3 are reserved for people with disabilities.

PENNY is the successful concept of the German group REWE and one of the most active retailers in Romania, with the first store opened on the local market in 2005. The entire network is served by four logistics centers located in the towns of Ștefăneștii de Jos, Turda, Bacău and Filiași. Currently, the PENNY network in Romania consists of 425 stores nationwide.

Pepco Opens 500th Store in Romania

Retailer Pepco, one of the largest clothing retailers in Romania, is marking ten years of local presence and opening its 500th store. Pepco opened the new store in the Greenfield residential complex in northern Bucharest.

The retailer entered the Romanian market in March 2015, when it opened its first stores in Bucharest, Ploiești and Câmpina. From 44 stores and 450 employees in 2015, the company currently operates 500 stores in over 100 cities, supported by nearly 4,000 employees.

“Romania has established itself as one of the most dynamic and strategically important markets for Pepco Group. The size of the network, the customer base and the consistent performance here are essential for our success in Central and Eastern Europe. Reaching the 500 store threshold, after 10 years of presence in Romania, is proof of both customer loyalty and the involvement of our teams on the ground”, says Anca Radu, Operations Improvement Director, Pepco.

Craiova Will Have a Hotel Affiliated to the International Accor network

The company MKS Prod from Dolj is preparing to build a 4-star hotel on Calea Severinului, Craiova, which will be affiliated to the international group Accor.

The building will have 78 rooms, a height of S+D+F+G+7+8 set back and 44 parking spaces. According to the documentation, the circulation terrace and technical spaces will integrate energy efficiency equipment, including photovoltaic panels, solar panels, heat pumps and air conditioning systems to meet NZEB standards.

The investment is estimated at RON 54.4 million, of which RON 34.49 million (excluding VAT) is the value of the tender financed entirely from European funds. The project is scheduled for completion in December 2026.

La Cocoș Expands with New Hypermarket

La Cocoș officially opens, on September 24, its fifth Hypermarket, in Pitești, within the Supernova Shopping Center, in place of the former Carrefour store.
Founded in 2014 in Ploiești by entrepreneur Iulian Nica, La Cocoș is known for its low price policy and for being the first hypermarket in Romania to introduce the concept of three price levels, depending on the quantity purchased.

Until December 2024, the network operated as a family business. Since December 2024, the company has attracted a consortium of shareholders consisting of the European Bank for Reconstruction and Development (EBRD) and the investment funds Morphosis Capital and CEECAT Capital, which took over a 56% stake.

The new openings in Pitești, Craiova and Arad will bring the network to seven units by the end of 2025 and to estimated sales of approximately EUR 300 million.

German Family Heubach Starts its Largest Project on the Romanian Market

The German family Heubach, heir to the paint manufacturer Heubach, has been authorized to start construction of a new project under the Urban Spaces umbrella on Pipera Street, no. 55 in Sector 2. This is the largest real estate project in which the Heubach family has been involved so far in Romania.

The project, which includes two buildings, one with 4 staircases and a common basement, and the other with a single staircase, has 461 apartments and commercial spaces on the ground floor. The blocks will each have two basements and reach 11 floors, the top floor being dedicated to duplex apartments. The residential complex will benefit from 700 parking spaces, of which 609 are underground.

The new project will be built on a plot of land, purchased in 2018, with an area of 1.4 hectares, located near the Pipera passage and the Sky Tower, Globalworth Tower and Nusco Tower office towers.

Source: Profit.ro

REDPORT Appoints Adrian Arendt as Chief Design Officer

REDPORT announces the strengthening of its management team through the appointment of Adrian Arendt as Chief Design Officer (CDO). In his new role, Adrian Arendt will play a central part in defining the company’s design vision, coordinating teams of architects and engineers, and integrating principles of innovation and sustainability into all REDPORT projects.

“I am deeply honored to join the REDPORT team as Chief Design Officer. I wish to bring my experience and passion alongside a dedicated team, to create projects that harmoniously combine innovation, sustainability, and architectural refinement.

REDPORT is going through a dynamic growth period, evolving from just a few projects to an extensive portfolio, and this momentum offers an extraordinary opportunity to contribute to strengthening the company’s identity and reputation. My vision is to transform each project into a landmark that inspires the communities where it develops, generates lasting value, and reinforces REDPORT’s position as a symbol of excellence in the Romanian real estate landscape,” said Adrian Arendt, Chief Design Officer of REDPORT.

Between 2020–2024, Adrian Arendt served as Owner Design Representative for One United Properties. Previously, for over 15 years, he was Design Director at the architectural firm DSBA.

“By appointing Adrian Arendt as Chief Design Officer, we are taking an important step in strengthening our team and shaping a strong architectural identity. His experience with large-scale projects and his ability to combine strategic vision with attention to detail give us confidence that REDPORT will deliver developments that will remain milestones in the history of Romanian real estate. Together with Adrian, we aim to create projects that have a real impact on the community and on Romania,” emphasized Cosmin Savu Cristescu, Founder and CEO of REDPORT.

Spanish group Ecoener Announces its First Wind Farm in Romania

Spanish group Ecoener, specializing in renewable energy projects, is building its first wind farm in Romania in Iași County, an investment of EUR 85 million, for which it obtained a subsidy from the state.

The wind farm will be located in the town of Miroslovești and will have an installed capacity of 54.4 MW and a total annual production estimated at 166 GWh. It is Ecoener’s first project in the European Union, outside of Spain.

According to the company, construction will start soon, with the farm expected to enter into operation in 2027. The total investment is estimated at approximately EUR 85 million.
The Spanish company entered the Romanian renewable energy market at the beginning of the year, with the photovoltaic park in Lucieni, Dâmbovița County.

Source: Profit.ro

Spanish group Ecoener Announces its First Wind Farm in Romania

Spanish group Ecoener, specializing in renewable energy projects, is building its first wind farm in Romania in Iași County, an investment of EUR 85 million, for which it obtained a subsidy from the state.

The wind farm will be located in the town of Miroslovești and will have an installed capacity of 54.4 MW and a total annual production estimated at 166 GWh. It is Ecoener’s first project in the European Union, outside of Spain.

According to the company, construction will start soon, with the farm expected to enter into operation in 2027. The total investment is estimated at approximately EUR 85 million.
The Spanish company entered the Romanian renewable energy market at the beginning of the year, with the photovoltaic park in Lucieni, Dâmbovița County.

Source: Profit.ro

Real Estate Developer Andrei Nedelcu Enters the Hotel Market

Businessman Andrei Nedelcu, who has developed about 400 apartments in Bucharest, plans to enter the hospitality market with a 5-star hotel in Brașov and another in Predeal, both under authorization, and is working on EUR 25 million residential projects in the capital.

The entrepreneur is now planning his entry into the hospitality market with a 5-star hotel located in Poiana Brașov. The project, under authorization, provides for the construction of a hotel with 30 rooms and a useful area of about 2,500 square meters, with a SPA, swimming pool, gym, restaurant and a conference room. The investment is estimated at approximately EUR 6 million.

In Predeal, Nedelcu took over a company that had authorization to build a hotel, but which only built the structure of the building. His plan is to complete the accommodation unit in Predeal, which has 50 rooms, a SPA center, a basement pool, a restaurant and a conference room.

Source: Profit.ro

Real Estate Developer Andrei Nedelcu Enters the Hotel Market

Businessman Andrei Nedelcu, who has developed about 400 apartments in Bucharest, plans to enter the hospitality market with a 5-star hotel in Brașov and another in Predeal, both under authorization, and is working on EUR 25 million residential projects in the capital.

The entrepreneur is now planning his entry into the hospitality market with a 5-star hotel located in Poiana Brașov. The project, under authorization, provides for the construction of a hotel with 30 rooms and a useful area of about 2,500 square meters, with a SPA, swimming pool, gym, restaurant and a conference room. The investment is estimated at approximately EUR 6 million.

In Predeal, Nedelcu took over a company that had authorization to build a hotel, but which only built the structure of the building. His plan is to complete the accommodation unit in Predeal, which has 50 rooms, a SPA center, a basement pool, a restaurant and a conference room.

Source: Profit.ro

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