Bog’Art Steel Appoints Alin Creanga as CEO

Bog’Art Steel, part of the Bog’Art Group, announces the appointment of Alin Creanga as General Manager. In his new role, Alin aims to accelerate the digitalization of processes, optimize operational chains and support the expansion of the project portfolio. His expertise will play a key role in strengthening Bog’Art Steel’s position as a strategic supplier for major infrastructure and civil construction projects.

“I take on this position with enthusiasm and responsibility, in a reputable company with a solid production base, expansion potential and a clear vision for the future. As immediate priorities, I aim to develop Bog’Art Steel by optimizing processes and introducing intelligent inventory systems to achieve sustainable performance.” – Alin Creangă, CEO Bog’Art Steel.

“Bog’Art Steel is a strategic business line of the Bog’Art group and has proven in over 15 years of activity that it is a serious supplier of precast concrete steel for all builders in the country. Under the leadership of Alin Creangă, the company assumes a future-oriented vision, based on extensive experience in the industry and a common strategy aimed at boosting the company’s development. We intend to invest in the production plant by extending the hall as well as additional equipment with high-performance equipment to respond to the positive evolution of the civil construction market, especially the infrastructure market.” declares Bogdan Doicescu, CEO of the Bog’Art Group.

 

NEPI Rockcastle Begins Construction of the Second Residential Complex in Bucharest

NEPI Rockcastle has begun land development works for the construction of its second residential project. This summer, the company obtained the authorization to expand the Mega Mall shopping center, as well as the construction of the residential component.

On the land that NEPI Rockcastle owns near the mall, 180 apartments can be built, in two blocks, one with 11 floors and the other with 23 floors.

This is NEPI Rockcastle’s second residential project in Romania, following the completion and full sale of Vulcan Residence, built next to Vulcan Value Centre, also in Bucharest.

Source: economica.net

Ana Dumitrache Joins Olympian Parks / Helios Phoenix

Ana Dumitrache, former Country Head of logistics and industrial space developer CTP Romania, has joined Olympian Parks / Helios Phoenix, one of the oldest and most active players in the local real estate market.

Market sources claim that she will coordinate the company’s portfolio growth strategy, as well as the process of attracting financing from various sources – from commercial banks to private equity funds. Currently, Olympian Parks owns four operational parks in Bucharest (Otopeni Nord), Cluj, Constanţa and Oradea, and is preparing a new development in Iaşi, along with expansions in Bucharest, Constanţa and Cluj.

During Ana Dumitrache’s first term at CTP, in 2017, the company’s national logistics portfolio grew by 73%, and the vacancy rate of spaces ready for lease remained below 3%, one of the lowest levels in the industry.

iO Partners Launches iO4Land

iO Partners introduces iO4Land, a next-generation digital solution that transforms how land is sourced, analyzed, and validated across Central and Eastern Europe.

iO4Land brings together up-to-date public data on cadaster, zoning, grid infrastructure, master plans, and permitting, and continuously updates it to ensure full accuracy. The system runs multi-layered geospatial analyses powered by proprietary AI models that identify feasible plots based on project-specific parameters, from land size and ownership to access, utility connections, and regulatory constraints.

Each shortlisted site is then validated through a structured due diligence process completed within 72 hours, resulting in a clear, actionable report ready for decision-making.

Nhood Has Become the Sole Shareholder of Tomorrow Food

Nhood  has become the sole shareholder of Tomorrow Food, a French consulting agency specializing in Food & Beverage (F&B) for Real Estate and HoReCa (Hotel, Restaurant, and Café).

Through this strategic move, Nhood expands its competencies across Europe, offering clients comprehensive expertise—from concept development to space operation – with a sustainable and experience-centric approach.

“The partnership with Tomorrow Food aligns perfectly with our strategy of developing an ecosystem of complementary expertise. Their knowledge in the Food & Beverage and Leisure sectors enhances Nhood’s capability to design, implement, and manage attractive and sustainable spaces for communities and their evolving needs. Together, we reinforce our mission: shifting from real estate as a physical space to real estate as a space for content and services, also integrating the new LIVE business line dedicated to events, culture, and programming, to create vibrant and useful destinations rooted in their local communities,” stated Marco Balducci, CEO of Nhood.

Studium Green Sold 157,000 sqm of Land to Altex and mömax

Studium Green, a Cluj-Napoca-based company specializing in real estate developments, owned by entrepreneur Dorin Bob, has completed the sale of some land in the Jilava locality to the Altex group and the furniture and decoration retailer mömax. The land will be integrated into a larger lot owned by the Altex group, which will form the basis for the development of the largest retail park in southern Bucharest. The total value of the transactions carried out by Studium Green with the Altex and mömax groups is over EUR 17 million.

Studium Green remains part of the project for the development of the future commercial park, where it will develop HoReCa facilities. Also, across the road from the future park, Dorin Bob owns a 23,000 sq m plot of land, for which possible complementary facilities are currently being analyzed.

Studium Green was assisted in the transaction with the Altex group by the Reff & Asociații | Deloitte Legal.

Colliers Appointed Exclusive Consultant for the Sale of Haier’s Factory

Colliers has been appointed exclusive consultant for the sale of Haier Tech Europe’s factory on the outskirts of Ploiești, Prahova County. Colliers’ mandate covers representing Haier’s interests in identifying potential buyers or end-users from the manufacturing sector.

The Haier Romania plant sits on a 130,000 sqm site, with a built area of 58,000 sqm and is located in the Ariceștii Rahtivani industrial area, less than one hour from Bucharest’s northern ring road, with fast access to the main road infrastructure and to the Port of Constanța.

“The Haier factory offers high standards of quality, efficiency, sustainability and modularity, making it attractive both to strategic investors and to companies seeking a fully operational production facility with modern infrastructure and room to expand. To date, the Romanian market has not seen a production unit that combines this impressive scale with such a high standard of quality and immediate availability. We are honoured by this mandate and enthusiastic about the opportunity to unlock the project’s potential, contributing to the development of the Ploiești, Prahova and Aricești communities. We intend to approach this assignment with flexibility and professionalism, aiming to structure a balanced transaction that benefits all parties involved – the seller, future occupiers and local residents”, says Lucian Opris, Head of Special Projects | Office, Industrial & Logistics at Colliers.

CGA Home Consulting takes over the exclusive sales mandate for HORIZON CITY

CGA Home Consulting announces the acquisition of exclusive sales rights for the HORIZON CITY residential project. This decision marks a consolidation of the partnership between the team led by Cătălin Apetri and British investor Ghai Sant Ram. The project is located in the northern area of Bucharest and has already reached a sales level of over 90 percent.

“We are honored to once again take on the exclusive responsibility for sales of a major project in the North of Bucharest. HORIZON CITY is a development with a long-term vision and our role is to bring it closer to clients who want greater comfort and superior home quality. The experience gained in selling Ivory Residence allows us to provide relevant consultancy and deliver fast results for this new ambitious project. Continuing the partnership with British investor Ghai Sant Ram is proof that performance and reliability are recognized,” says Cătălin Apetri, CEO and Founder of CGA Home Consulting.

The HORIZON CITY is being built on a land plot of nearly 23,000 square meters and represents a EUR 130-million  investment.

Continental Hotels Resumes EUR 22 Million Project in Iasi

The Continental Hotels Group is moving ahead with a project to build a 4-star hotel in the Păcurari area of Iasi, a project approved by local authorities five years ago. The investment, estimated four years ago to cost at least EUR 22 million, is entering the final authorization phase and is currently being analyzed by the Zonal Commission of Historical Monuments. Obtaining this opinion will allow the building permit to be issued.

The project, called Continental Forum, aims to build a 153-room hotel on more than 6,500 square meters of company-owned land. The building will have a footprint of nearly 1,700 square meters and a total developed area of about 16,000 square meters. Construction work is expected to start in 2026, a delay from the original estimate for completion in that year, driven by the prioritization of other group investments, particularly in Sibiu.

The hotel will have extensive facilities for the business and tourist segment, including an 86-seat restaurant, a self-service area for 52 people and a cafeteria. The conference component is provided by several small rooms of 72 square meters each and one large room of 230 square meters, with a total capacity of over 290 people. The hotel will also include a fitness area of 132 square meters, technical spaces, a civil protection shelter and a parking lot with 126 parking spaces, of which 59 underground and 67 above ground.

 

REDPORT Exceeded the Threshold of EUR 50 mln in Pre-Sales in 2025

REDPORT  announces record financial results for the first ten months of 2025. The company reported housing pre-sales and pre-leases totaling EUR 50 million, a level 25% higher compared to the same period of the previous year.

This year’s significant advance is driven by the launch of the VITALITY EST project, one of the largest urban regeneration initiatives in the eastern part of Bucharest.

“The results achieved in the first 10 months of 2025 confirm that REDPORT is on the right track. We have strengthened our market position through a 25 percent increase this year compared to 2024 and through the trust of our clients and partners. A sales growth of one quarter compared to last year, in a complex economic environment, proves that the real estate market in the capital city has very high potential when quality, an advantageous location with multiple benefits, and a coherent, long-term development vision come together” says Cosmin Savu-Cristescu, CEO and Founder of REDPORT.

REDPORT currently operates a complete portfolio covering all residential market segments: mid-range (represented by the VITALITY EST project), upper-high (through THE LEVEL APARTMENTS) and premium (through INFINITY NORD, one of the largest urban regeneration projects in the city).

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