All posts by tudor@cijeurope.com.

Nhood acquires a French Property Management Leader

Nhood, an integrated real estate services and solutions company present in 10 European countries, including Romania, is reinforcing its global position in the real estate market through the acquisition of SCC France, a top property management player also present in Italy and Spain.

“Through this acquisition, Nhood is consolidating its presence at the group level and adding an important pillar to our integrated business model. Together with SCC France’s expertise, we can create new synergies and address market needs directly. We believe in strong partnerships and we know that progress comes from collaborating with the best – for the benefit of our clients, teams, and communities, and ultimately to contribute to the advancement of the entire sector,” stated Marco Balducci, CEO of Nhood.

This transaction is not a merger or a traditional takeover, but rather the acquisition of 100% of SCC France’s share capital. The company will continue to operate under the leadership of its current President, Maurin Nadal, maintaining autonomy and ensuring the protection of clients’ interests and confidentiality.

America House Receives Access4You Gold Certification

America House has officially received Access 4 You Gold certification for its accessibility facilities, reaffirming its commitment to inclusive design and barrier-free access.

The certification confirms the superior standards to accommodate individuals with locomotor disabilities, including those who use wheelchairs, elderly individuals, people with reduced mobility, and visitors with strollers, as well as access for blind and hearing-impaired ones.

The Access 4 You Gold certification was awarded following a detailed assessment of America House’s physical infrastructure and design, including entrances, elevators, restrooms, and interior pathways.

This certification ensures that the space is navigable and functional for individuals with the diverse physical needs mentioned herein above. The importance of accessibility extends beyond those with permanent disabilities, it also addresses anyone who may experience temporary mobility limitations due to injury or illness.

Timisoara Attracts Real Estate Investments of Over EUR 100 Million

Timisoara confirms its growth potential through two major real estate projects and a large public investment program.

Two of the most powerful Romanian entrepreneurial groups have announced major real estate projects. The Ţiriac Group and Pavăl Holding are preparing investments that together exceed EUR 100 million, on a cumulative area of over 40 hectares.

The Ţiriac Group has already obtained authorizations for a mixed development in the Abator area, which will include housing, offices, commercial spaces, hotels and services. In parallel, Pavăl Holding received the PUZ for a 36-hectare industrial and logistics park in the northern part of the city.

These private investments come to complement an ambitious public investment program: Timisoara City Hall has allocated EUR 270 million for development in 2025, and the County Council is contributing another EUR 100 million. In addition, the A9 motorway, worth EUR 3 billion, which will connect Timisoara with the Serbian border, is in the tender process.

Source: zf.ro

NEPI Rockcastle Launches its First Photovoltaic Park

NEPI Rockcastle is preparing to inaugurate its first photovoltaic park in the Chișineu-Criș locality, in Arad, part of a EUR 110 million plan.

The project is being developed by Solpower Energy (part of the NEPI group), in partnership with LONGi Solar and designed by EPC Enevo Group. Next month, the park will be connected to the grid and will become the largest solar project in Romania dedicated to commercial infrastructure.

The investment is part of NEPI Rockcastle’s green energy program, launched in 2022, which includes a EUR 110 million plan for photovoltaic projects in the region, both on existing commercial properties and through greenfield developments in Romania. The company’s plan is to reach photovoltaic parks with a capacity large enough to cover the energy consumption of the 27 shopping malls it has in Romania by 2026.

Source: Profit.ro

Auto Giant Huf Relocated its Activities to Bega Business Center

Huf Romania, an automotive company specialized in secure access and authorization systems, relocated its Technical Center to a new space of 7,300 square meters, located in Bega Business Center.

The company’s first step in Bega Business Center was made last year when it opened an Engineering Center in Timisoara on an area of 1,700 square meters. Also last year, Huf relocated its Prototyping Department here, which occupied 1,500 square meters.

As the development team expanded and reached its limits in the office space that the company had rented in ISHO, last month this department was also relocated to Bega Business Center, and all of them now occupy a space of 7,300 square meters.

Source: economica.net

Auto Giant Huf Relocated its Activities to Bega Business Center

Huf Romania, an automotive company specialized in secure access and authorization systems, relocated its Technical Center to a new space of 7,300 square meters, located in Bega Business Center.

The company’s first step in Bega Business Center was made last year when it opened an Engineering Center in Timisoara on an area of 1,700 square meters. Also last year, Huf relocated its Prototyping Department here, which occupied 1,500 square meters.

As the development team expanded and reached its limits in the office space that the company had rented in ISHO, last month this department was also relocated to Bega Business Center, and all of them now occupy a space of 7,300 square meters.

Source: economica.net

ARO Palace Transforms Capitol Hotel into Mercure Brașov Center

ARO Palace announced the signing of contracts to start renovation works at the Capitol hotel in Brașov, affiliated with the international Mercure chain. The investment in the project amounts to almost EUR 17 million.

The value of the signed contracts is almost EUR million. The hotel will have 181 rooms, a restaurant, a commercial area, as well as conference facilities on the ground floor.

The company also plans to renovate the Aro Palace hotel and affiliate it with the international Hyatt Regency brand. In total, the expected investments for the two hotels amount to almost EUR 50 million.

Source: economica.net

ROCKWOOL has Started Work to Double Production at its Prahova Factory

Rockwool insulation solutions manufacturer ROCKWOOL has started a EUR 150 million investment to double production at its factory in Ariceştii Rahtivani, Prahova County.

The new unit will use state-of-the-art technology, based on melting volcanic rock using an electric furnace. This production line will significantly reduce emissions and accelerate the company’s transition to decarbonization.

“The EUR 150 million investment reflects our confidence in the potential of the local and regional market and allows us to consolidate our leading position in the insulation sector. Our decision has proven even more necessary in the context of major legislative changes,” said Florin Popescu, Regional Director ROCKWOOL Balkans.

HORNBACH Invests over EUR 44 Million in the Second Store in Timisoara

HORNBACH, one of the main local retailers of construction and gardening materials, announces the inauguration of its second store in Timisoara, located on Calea Buziașului 152, on October 1, 2025.

The total value of the project exceeds 44 million euros and includes the acquisition of the land, the construction of the store, the equipment, as well as the initial stock of merchandise.

“Beyond the investment in the new store in Timisoara, we have also allocated a budget of over EUR 2 million for the development of public infrastructure. Over 500 meters of streets with all the necessary utilities and a modern intersection were built from scratch, intended to support the urban development of the area”, emphasized Dan Bădescu, Expansion Director of HORNBACH Romania.

The store is located on a 55,000 sqm plot and has 570 parking spaces and a total area of over 19,000 sqm.

Source: economica.net

Hercesa Builds the First Project with a Swimming Pool in Pantelimon District

Hercesa Romania is investing over 20 million euros in a new building with 105 apartments. It is the first in the Pantelimon district to have a swimming pool, and 20% of the apartments have already been contracted since the launch of sales in July.

The project will only include three- and four-room apartments, and prices start from 182,700 euros plus VAT. The building is being built on a plot of land next to the Vivenda Residencias project on Baia de Aramă Street in Sector 2 of the Capital.

In addition, the project will benefit from a commercial space open to the public and a multifunctional area. This area will be accessible only to residents and can be used for joint activities such as meetings, events or parties.

Source: economica.net

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