NEPI Rockastle gets final permit for western Romania photovoltaic park

NEPI Rockastle is set to receive the establishment permit from ANRE for a 50 MW photovoltaic park in Arad County, which it bought from Monsson last year.
Solpower Energy is controlled by New Energy Management, which is in turn owned by NEPI Rockastle Green Energy.

The project has been part of Monsson’s portfolio since 2022, and in 2024 it obtained the construction permit and signed the grid connection contract. Thus, all conditions have been ensured for construction to begin in 2025, it was said at the time.

NEPI is in talks to acquire the second photovoltaic project, which will not be in the West of the country.

“It is good to have as much national dispersion as possible due to the climatic conditions in our country, where we can have areas where we can produce more. We are looking at making a mix of projects located in different areas of the country. We are mainly looking at the connection conditions, at projects that are developed correctly at a fair price and that benefit from a quick connection, that do not require reinforcement works, that have an optimal connection from a financial point of view,” says Andrei Horhoianu, Group Head of Energy at NEPI Rockcastle.

Source: economica.net

Sun 3R Green Recycling opens first photovoltaic panel recycling plant in Romania

The company Sun 3R Green Recycling has opened a photovoltaic panel and electronic board recycling plant in Lunca Câlnicului (Brașov County). It is presented as the only total photovoltaic panel recycling unit in Romania, but also in Eastern Europe, and required an investment of EUR 1.5 million.

Official statistics indicate that the number of green energy producers in Romania is growing rapidly, so that at the end of November 2024, there were 195,000 users.

Estimates for the coming years are that this figure will double, perhaps even triple, in proportion to the financial support given to those who want to become green energy producers.

Global air conditioning technology leader, AUX, enters Romanian market

AUX, a top-three air conditioning brand in China and a global leader in energy-efficient indoor climate solutions, has officially launched its operations in Romania. The official market entry was highlighted in the event organized by One Concept, AUX’s exclusive distributor in the country.

Founded in 1986 in Ningbo, China, AUX Group operates across five major industries—from home appliances and healthcare services to real estate development and financial investments.

AUX enters the Romanian market with a long-term vision anchored in innovation, digitalization, and energy efficiency. The local portfolio includes AI-powered smart-home solutions, mobile controlled systems, and HVAC technologies designed for high-performance buildings. AUX is also committed to raising industry standards by promoting adoption of EU-aligned regulations such as the F-Gas directive. This includes advocating for eco-conscious refrigerants like R290—ideal for sustainable construction and nearly zero-energy buildings (nZEB).

“We’re excited to bring AUX’s advanced technologies to Romania, offering efficient, sustainable, and digitally connected solutions to the local market. Our partnership with AUX allows us to expand One Concept’s premium portfolio and play an active role in transforming the HVAC landscape in Romania. This is perfectly aligned with our philosophy of leadership in portfolio excellence, digital innovation, and shared growth with our regional partners,” said Eng. Alexandru Chirilă, General Manager and founder of One Concept Distribution.

Adrian Stoichina, Co-CEO and Partner, Prima Development Group, speaker at CEDER 2025

Adrian Stoichina will be part of the speakers formula this year at CEDER Real Estate Conference & Exhibition, to take part on 13th of May, at Radisson Blu Hotel, in Bucharest.

Adrian Stoichina is Co-CEO and Partner at Prima Development Group, a company with over 20 years of experience and 4,500+ apartments delivered across Romania. With an engineering background and a strategic mindset, Adrian has led Prima’s expansion to Bucharest and is now spearheading its evolution toward more structured, high-performance operations.

He combines sharp financial discipline with a deep commitment to client experience, quality, and architectural integrity. Under his leadership, Prima launched Prima Astera, West Bucharest’s first high-end residential development, setting a new benchmark for comfort and design in the area.

Adrian brings to CEDER a perspective shaped by executional excellence, process innovation, and long-term vision in residential development.

CEDER Conference & Exhibition will take place on 13th of May, at Radisson Blu Hotel, in Bucharest. With key property professionals gathered in a single venue, CEDER is a very powerful networking and marketing opportunity. For tickets reservations, please check our website: https://lnkd.in/dTRWhMB7

This year Romania will be honorary country to host the 10th edition of the prestigious Best of the Best Hall of Fame Awards (HOF Awards) which is the climax of the CIJ Awards series, putting the winning projects and companies from around Central & Eastern Europe against each other to determine who the Best of the Best really are. The HOF Awards will take place in the afternoon during CEDER Conference and Exhibition.

CEDER 2025 confirmed partners are: WDP, CPI Property Group, AFI Europe, Revetas, Speedwell, Hagag Development Europe, Paval Holding, NEPI Rockcastle, IULIUS Group, Filip & Company, WIREN, EVO Properties, NHOOD, Anchor Grup, NNDKP, VASTINT, RRG Real Estate Group, Popovici, Nitu, Stoica & Asociatii, Crosspoint Real Estate, Stratulat Albulescu Attorney at Law, KUZIINI, Lion’s Head, Alesonor, Coral Construct, COS, Carbon Tool, Theta Furniture & More, The Concept Group, RENOMIA Gallagher, Optim Project Management, WEMAT, Tiriac Imobiliare, Cushman & Wakefield Echinox, Brisk Group, Safety Approach, Prima Development Group, ALUKÖNIGSTAHL, Imobiliare.ro, DRS Architects, Notarial Office EQUITY, Miss Green.

Bailiff puts N. Macedonia’s Soravia up for sale

Bailiff is auctioning shopping and office mall operator Soravia Invest in North Macedonia’s Skopje, with a starting price at EUR 22.4 million euro, according to North Macedonia’s Chamber of Bailiffs.

The public auction will take place on April 24, according to a notice published on the website of the chamber.

The sale was made at the request of Bulgaria’s First Investment Bank over an outstanding debt of EUR 930,425.

Layher develops its own warehouse and offices in Romania

The scaffolding manufacturer Layher, one of the largest family businesses in Germany, is preparing to develop its own warehouse and offices in Romania, where it will move its current activities in rented spaces in Bucharest and Cluj.

Layher also entered Romania last year with the group’s real estate division, through which it purchased a plot of land with an area of 10,000 square meters in Otopeni. On the purchased land, Layher wants to build a warehouse and offices with an area of about 2,000 square meters and a concrete platform with an area of about 4,800 square meters for storing metal scaffolding.

In the warehouse, on an area of about 350 square meters, a showroom will be set up, where the different types of scaffolding produced in Germany will be exhibited.
“The total investment value is estimated at EUR 3.5 million, including the value of the land acquisition for construction. Once the project is completed, Layher Schele, currently located at 459 Şoseaua Odăii, Sector 1, will move to this location,” said Veronica Țăranu, general manager of Layher Schele.

Source: Profit.ro

AFI Europe contracts EUR 120 million loan from EBRD

Israeli real estate developer AFI Europe has contracted a loan of up to EUR 120 million from the European Bank for Reconstruction and Development to expand its portfolio of residential and commercial properties in Romania, Serbia, Poland, and the Czech Republic.

All buildings financed by the loan will achieve high-level sustainability certifications, contributing to the EBRD’s Green Economy Transition approach. AFI has also committed, with EBRD support, to implement a Corporate Climate Governance Action Plan, ensuring alignment with the upcoming EU Directive on Corporate Sustainability Reporting and strengthening its long-term environmental, social and governance strategy.

“This financing underlines our commitment to promoting sustainable development, preparing companies for evolving regulatory frameworks and upholding high environmental standards in the real estate sector. By integrating strong climate governance and high-level green certifications, we are strengthening the resilience of the market and accelerating the transition to a low-carbon economy,” says Vlaho Kojakovic, Head of Real Estate at the EBRD.

REDPORT and Dan Sucu launch VITALITY EST

REDPORT, together with businessman Dan Sucu, founder and shareholder of Mobexpert Group, announce the launch of VITALITY EST. The new residential project will be developed in the Pantelimon area of the Capital, on a plot of approximately 27,000 square meters.

Located next to Pantelimon Park and Lake, VITALITY EST represents an investment of EUR 50 million. On the 46,400 square meters of total buildable area there will be more than 500 modern apartments, along with approximately 400 square meters of commercial space, designed to provide residents with access to all the amenities necessary for a balanced lifestyle.

“I strongly believe in the power of example and the responsibility we have to raise the standards in real estate and deliver high quality that future generations will appreciate. The Pantelimon area deserves a strong and well-integrated project that emphasizes increasing the quality of life for our future residents, and VITALITY EST is a strategic step in the urban reconstruction that we are undertaking with all our projects”, says Dan Sucu, founder and shareholder of Mobexpert.

“We chose to develop VITALITY EAST in an area with huge potential precisely because we know how important it is to build not only for today’s needs, but also for future generations. VITALITY EST is an investment based on a clear vision, we want to deliver more than just buildings, we want to create a community where people feel at home. When you bring spaces for people to the market, you have to think beyond concrete and square meters, you have to have a well-done plan and build with meaning and responsibility”, emphasized Cosmin Savu-Cristescu, CEO and founder of REDPORT.

VITALITY EAST will be realized in three phases, and the first phase is scheduled to start in the coming weeks, with a completion date of 2026. The next two phases are scheduled for delivery in 2027 and 2028, respectively.

NBI launches the rental division – NBI Rentals

North Bucharest Investments has launched its rental division – NBI Rentals, which has a portfolio of over 400 apartments and houses.

NBI Rentals has a team of over 20 consultants, experienced in property management and in creating effective relationships between owners and tenants, a team that is constantly expanding. The division’s portfolio comprises a diverse range of properties, tailored to the varying needs and budgets of clients, including one-, two-, and three-bedroom apartments, houses, villas, and premium properties suitable for both couples and extended families. Additionally, NBI Rentals offers a range of commercial properties, including retail spaces, offices, and warehouses. The company is expanding its portfolio with more than 100 new units, with a particular focus on the northern area of the Capital and continuing its process of diversifying its offerings.

“Founded at the end of 2024, NBI Rentals plays a key role in connecting property owners with the right tenants, contributing to the development of the local real estate market. Despite general economic challenges, the demand for rentals remains steady, which is why we established the rental division, leveraging the experience gained over more than two years of activity in the Romanian market. We are confident that the rental market will continue to be a dynamic sector, and our adaptability and attention to detail will ensure long-term success,” states Vlad Musteață – CEO – NBI & NBI Rentals.

The revenue generated from the rental division reaches almost 3% of the North Bucharest Investments group, as a result of the accelerated growth of the local rental market. In fact, properties managed by NBI Rentals have an average occupancy rate of over 60%, and trends indicate that 70% of the clients the company interacts with prefer long-term rentals (for periods exceeding one year). This trend underscores the stability and sustainable demand for traditional rentals, as well as the enduring interest and attractiveness of the northern area, which continues to evolve.

Erbașu to build future Regional Oncology Institute in Timișoara

A consortium formed by Erbașu Construction (leader), Terra Gaz Construct, Concelex, Hellimed and Concelex Engineering has won a tender for the design and execution of works for the future Regional Oncology Institute in Timișoara, the contract value being RON 841.6 million, excluding VAT, from an estimated RON 903.1 million, excluding VAT. The future institute will be located on Calea Torontalului in Timișoara.

The unit will have 250 beds and a transplant center, an imaging laboratory, a radiotherapy center and a nuclear medicine laboratory will operate within the institute. At the same time, a research sector will also be developed within the future institute.

Synergy Construct (leader), YDA Synergy and YDA Inșaat Sanayi, respectively BOG’ART (leader), Omega Medical, Igna Instal, Conrad Consinstal, Drumuri Bihor and Supermedical also signed up to the procedure. The duration of the contract was set at 102 months.