Sabac city, IFC and EU plan to build eco-industrial park

Serbia’s western city of Sabac, the European Union, and the International Finance Corporation have signed an agreement for the construction of an eco-industrial park in the city, the first of its kind in the Western Balkans.

Eco-industrial parks gather different companies that aim to use energy, water and other resources more efficiently, and reduce their environmental impact, the Sabac city administration said in a press release.

Under the Eco-Industrial Parks Initiative, which the IFC is implementing in partnership with the EU, four more parks will be developed in the region.

“By launching the initiative, we are fostering innovation, strengthening our capacity to respond to environmental challenges, and advancing the circular economy, which are essential steps towards achieving net-zero emissions by 2050,” said Plamena Halacheva, deputy head of the EU delegation in Serbia.
The estimated total budget for the implementation of the Eco-Industrial Park Concept in the Western Balkans amounts to EUR 3.8 million. The project is expected to be completed in 2028, according to IFC.

Lefties and Stradivarius to open in Iulius Mall Suceava as part of major expansion

Fashion retailer Inditex is set to bring the Lefties and Stradivarius brands to Iulius Mall Suceava, marking their debut in north-east Romania. The openings are part of a major expansion of the shopping center, which is expected to be completed by mid-2025.

The expansion of Iulius Mall Suceava will introduce a range of new international brands, drive-thru restaurants, coffee shops, a gym, green spaces, and additional parking facilities. Among the highlights, Lefties will unveil its latest Digital Store concept, integrating advanced retail technologies for an enhanced shopping experience. The store will feature smart fitting rooms, easy pay cash registers, in-store return stations, and a customization area for clothing and accessories. The Lefties store will span 3,000 square meters, making it one of the largest in the region.

Stradivarius, one of Inditex’s most popular brands, currently operates 850 stores across 64 countries and will now be available to customers in Suceava for the first time.

The two new Inditex stores will open in the first half of 2025, coinciding with the completion of the Iulius Mall Suceava expansion, which will bring the total leasable area to 60,000 square meters. The redevelopment aims to create a modern retail and leisure destination, featuring department stores, international fashion brands, restaurants, coffee shops, drive-thru venues, ice cream parlors, a gym, and enhanced parking facilities.

As part of the project, new access routes will be developed to improve connectivity between the mall and the expanded parking areas. The redesign will also incorporate landscaped green spaces and ambient features, further enhancing the visitor experience at Iulius Mall Suceava.

Leroy Merlin opens 11,000 sqm store in new Mall Moldova

Leroy Merlin, a retailer specializing in construction, decoration and gardening, will inaugurate its second store in Iași this year, in the new Mall Moldova shopping center, after leasing approximately 11,000 sqm within the project developed by Prime Kapital. The project owner was assisted in completing the rental transaction by real estate consultancy Cushman & Wakefield Echinox.

The new Leroy Merlin retail unit in Iași will be inaugurated in the first half of 2025, once the expansion and redevelopment phase of the former Era Shopping Park shopping center, which will become Mall Moldova, is completed.

In Romania, 22 Leroy Merlin stores operate, with almost 3,500 employees in 16 cities: Bucharest, Cluj-Napoca, Craiova, Ploiești, Pitești, Brașov, Constanța, Sibiu, Suceava, Târgu Mureș, Bacău, Iași, Timișoara, Oradea, Târgoviște and Arad.

Cemacon completes merger with Euro Cărămida SA

Cemacon, the leader of the ceramic block market in Romania, controlled by the Paval brothers, is completing the merger process with Euro Cărămida SA. The acquisition of Euro Cărămida SA by Cemacon in 2023 involved a total investment of over EUR 30 million. This amount included both the transaction value and the financing for the modernization projects planned in the following years.

“In approximately a year and a half, we managed to transfer know-how and invest in re-technologizing, thus capitalizing on the resources of the acquired company. Today, we welcome customers with an extensive and diversified portfolio of construction materials, with prompt and efficient services, as well as better logistics coverage in the western part of the country. In addition, the cost optimization and operational efficiency resulting from this merger will allow us to offer more competitive prices, thus supporting our partners in the growth and development of their businesses,” declares Daniel Șologon, CEO Cemacon.

“With the completion of the merger, we are entering the final stage to initiate the export of key products, made from 100% natural Romanian clay. This strategic step will open up new opportunities and strengthen the presence of the Cemacon group in the region,” adds Daniel Șologon.

Source: Profit.ro

Spectral Mobilă ended 2024 with EUR 7.5 mln turnover and continues expansion

The furniture manufacturer and retailer Spectral Mobilă, which owns a factory in Vaslui County, ended 2024 with a net turnover of EUR 7.5 million, up 13% compared to the previous year.

Dan Dodiţă, executive director and shareholder of Spectral Mobilă, says that 2024 was a record year in terms of the volume of investments made by the company, with a 3,500 square meter logistics center, a total investment of EUR 2 million and the expansion of the Spectral Mobilă store network with six more units, projects that involved a total investment of EUR 1.1 million.

“In 2024, we opened six new Spectral Mobilă stores in Cluj-Napoca, Oradea, Timişoara, Miercurea Ciuc, Bistriţa and Roman, thus becoming present in 29 of the country’s counties. In 2025, we will continue to expand the Spectral Mobilă store network, and compared to recent years when we opened exclusively franchise locations, we want to resume expansion through showrooms owned by us directly, “ says Dan Dodiţă.

The Cumulus architectural office increased its business by 20% in 2024

The Cumulus architectural office closed last year with a turnover of EUR 2.7 million, 20% above the level of 2023. The company, which has over 50 employees, is looking at this year with caution.

“For Cumulus and the group of partner companies, 2024 marked an estimated increase in turnover of approximately 20%. The advance was possible due to the diversification of the work portfolio and investments in the company’s internal management. After the completion of the internal project to clarify and establish the processes assigned to clients in 2023, 2024 and the following two years will be dedicated to operational efficiency and increasing the quality of the services delivered,” says Răzvan Puchici, managing partner of the company.

In 2024, Cumulus managed over 15 hotel projects totaling 95,000 sqm, as well as residential projects totaling 180,000 sqm. Also last year, the company finalized a hospital project handed over to the client and an office complex and related functions for the defense industry.

37% increase in turnover and new business lines for the Fortim group of companies

The Fortim group of companies, part of the BNP Paribas Real Estate alliance, recorded a significant increase in turnover in 2024, reaching RON 11 million, from consulting services, 37% more than in the previous year. This performance is the result of diversifying the service portfolio and expanding the activity into new business lines.

“2024 was a year full of challenges, especially in the office space market, with our consulting team managing to position itself among the companies that rented the most offices in Bucharest and Cluj-Napoca. Investments in our clients’ ESG facilities and the development of new business lines, such as consulting in the industrial, residential and marketing segments, have significantly contributed to organic development. This is the fourth consecutive year of turnover growth, and in 2025 we focus on consolidating our position in the market,” said Costin Nistor, Managing Director of Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

In 2025, the company’s management estimates similar results to 2024, with growth prospects.

“Romania’s full entry into Schengen will transform our country into a regional hub, with significant benefits for the logistics, production and retail space market. We also observe a maturation of domestic capital, which is increasingly directed towards real estate, contributing to improving the quality of commercial buildings and the supply of new housing,” added Nistor.

DACHSER Romania relocates to Schwartz Immobilien Industrial Park

Dunwell Industrial Brokerage announces the successful completion of the leasing process for a modern logistics space, including office components, with a total area of approximately 5,000 sqm, to DACHSER Romania, one of the European leaders in logistics services. The space is located within Schwartz Immobilien Industrial Park, part of Otter Distribution Group, in the western part of Bucharest, on Industriilor Street.

The newly completed Class A warehouse boasts state-of-the-art specifications and high energy efficiency. Its strategic location offers excellent access to the ring road and benefits from public transportation, connecting Bucharest and its surrounding areas.

“We are proud to have been part of this project! We have been collaborating with DACHSER for several years and have closely followed their development, which has led to the need for a larger warehouse. Having a strong collaborative relationship with Schwartz Immobilien, we successfully completed this project. This collaboration once again demonstrates our commitment to bringing together top companies and high-quality logistics spaces. At Dunwell, we focus on offering the best-customized solutions in the industrial and logistics real estate market, ensuring successful partnerships for our clients. Excellence and efficiency at all levels are two key aspects we continually strive for in our work. We are confident that this warehouse will support DACHSER’s operational growth and efficiency, contributing to the development of Romania’s logistics sector, “ said Daniel Cautiș, Managing Partner of Dunwell Industrial Brokerage.

Holcim Romania has appointed a new director to manage the BCA plant in Adjud

Holcim Romania has appointed a new director to manage the BCA plant in Adjud, Vrancea County.
The role of director of the BCA plant in Adjud was taken over by Adina Pădurariu, who for ten years held several roles within Holcim, including that of Laboratory Chief, later moving to lead the BCA production department as Production Manager.

,,Taking on this role is both an honor and a responsibility that I embrace with enthusiasm. I firmly believe that the success of a plant is based on collaboration, innovation and respect for the team. Together we will build a sustainable and high-performance future, with openness and closeness to the community, “ said Adina Pădurariu, Director of the BCA Plant in Adjud.

CEDER Real Estate Conference & Exhibition to take place on 13th of May, at Radisson Blu Hotel

CIJ EUROPE is thrilled to unveil the 18th edition of CEDER Conference & Exhibition, which will take place on 13th of May, at the Radisson Blu Hotel, in Bucharest.

Why CEDER 2025 is Unmissable:

Insightful Panels & Market Trends: This year’s agenda dives deep into Investor Optimism, Market Growth, and Sustainable Trends, featuring top industry voices and groundbreaking discussions.
Immersive Experience: A state-of-the-art 3-screen display will showcase live schedules, sponsor highlights, and exclusive video content, creating an interactive and engaging atmosphere.
Premier Networking & Exhibitions: With an auditorium capacity of 600 attendees and an expansive foyer hosting 16 exhibition stands, CEDER 2025 offers unparalleled opportunities for industry leaders to connect and collaborate.

The Grand Finale – HOF Awards 2025! This year, CEDER is elevating the experience by proudly hosting the prestigious Best of the Best Hall of Fame (HOF) Awards! The region’s top-performing projects and companies from across Central & Eastern Europe will battle for the ultimate title in real estate excellence. This electrifying event will take center stage during the afternoon session, bringing an added layer of excitement and prestige!
The HOF Awards will take center stage during the afternoon session of the CEDER Conference & Exhibition, adding an exciting and competitive edge to an already dynamic event. Don’t miss this celebration of excellence and innovation in the region’s real estate industry!

CEDER 2025 is set to be the ultimate gathering for insight, networking, and innovation. Join us to shape the future of real estate in Romania! For registrations or marketing opportunities, please check our website: https://ceder.live/

CEDER 2025 Confirmed Partners are: CPI Property Group, AFI Europe, Revetas Capital, Speedwell, Paval Holding, Filip & Company, EVO Properties, Anchor Grup, NNDKP, VASTINT, Popovici, Nitu, Stoica & Asociatii, Lion’s Head, Carbon Tool, Theta Furniture & More, RENOMIA Gallagher, Optim Project Management, Safety Approach, ALUKÖNIGSTAHL, Tiriac Imobiliare.

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