Lidl opens new store in Romania

Lidl continues its local investments by opening a new store in the municipality of Constanța. The new Lidl store is located on Aurel Vlaicu Boulevard, No. 158, has a sales area of over 1,400 square meters and has 114 parking spaces. With the inauguration of this store, 27 new jobs were created.

By using advanced construction technologies and in accordance with environmental protection regulations, the new Lidl store in Constanța has modern solutions and technologies, which ensure high standards of energy efficiency. These include the LED lighting system, with presence sensor and heat recovery systems integrated into the air conditioning installations.

Jan Demeyere, Architect and Co-founder of SPEEDWELL, speaker at CEDER 2025

Jan Demeyere 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.

Jan Demeyere, Architect and Co-founder of SPEEDWELL, graduated with honors in 1991 from Sint-Lucas Ghent University in Belgium, specializing in urban planning.

He brings over 20 years of experience in the international construction and real estate market, with more than 15 years spent in Romania.

In 2014, Jan Demeyere partnered with Didier Balcaen to establish SPEEDWELL Real Estate Development, a company dedicated to creating projects that enhance the quality of life in communities.

To achieve this goal, Jan is actively involved in every stage of the process, working closely with the in-house architectural team to ensure each building is unique, aesthetically pleasing, sustainable, and designed with the community’s needs in mind. His approach combines architectural creativity with a developer’s practical mindset, reflected in all his successfully delivered projects.

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 – Warehouses with brains, CPI Property Group | Romania, AFI Europe Romania, IULIUS, Revetas Capital, SPEEDWELL Development, Hagag Development Europe, Alesonor Real Estate Development, Stratulat Albulescu Attorneys At Law, Paval Holding, NEPI Rockcastle, Filip & Company, EVO Properties, Anchor Grup SA, NNDKP, KUZIINI, Nhood Services Romania, Vastint Romania, RRG – Real Estate Group, Popovici Nitu Stoica & Asociatii Crosspoint Real Estate, Lion’s Head, Coral Companies, COS, Carbon Tool, THETA Furniture & More, THE CONCEPT, RENOMIA Romania Gallagher, Optim Project Management, WeMat, Țiriac Imobiliare, Safety Approach, Alukönigstahl Romania, Imobiliare.ro , Cushman & Wakefield Echinox , Brisk Group, PRIMA Development Group, Notarial Office EQUITY, Miss Green.

Albania approves construction of PV plant near Kukes airport

The Albanian government has approved a request by Kukes Airport’s owner Global Technical Mechanics and local construction firm Bami to develop a 12-MW photovoltaic (PV) plant in the airport’s area in the north-eastern village of Shtiqen.

The plant is expected to become operational within three years, according to the government.

The new project builds upon the existing concession contract signed between the government and the Global Technical Mechanics-Bami consortium in 2019, aiming to turn an existing airfield into an alternative airport to Albania’s main airport in Tirana.

Kukes International Airport Zayed, built with investments from United Arab Emirates’ company Emaar Properties, operated its first flight in April 2021. The airport was closed in 2023 following the withdrawal of Hungarian low-cost carrier Wizz Air just a year after starting operations there. This left the facility with only a few flights operated by Turkish-Albanian company Air Albania, which subsequently also suspended operations.

Sameday inaugurates a new logistics hub

SAMEDAY announces that its new logistics center in the city of Ghimbav, Brașov County, has become operational. Specially designed and built to meet the sorting needs of the courier company, the logistics center has a total area of 6,800 sq m and is located on a plot of 10,000 sq m.

In the context where the volume of deliveries made by the courier company in these counties increased by over 28% at the end of last year, compared to the same period in 2023, SAMEDAY invested over RON 21 million in the new operational hub, with the objective of streamlining logistics processes and improving the delivery experience.

“The need for efficient and reliable delivery services is growing in the context where customers are becoming increasingly attentive to the way they plan their budget and manage their businesses and purchases. Whether they operate an e-commerce business or choose person-to-person delivery services, our customers need predictability, control and a worry-free delivery experience. The new logistics center helps us increase productivity and streamline sorting processes to successfully manage the growing volumes of parcels and improve the quality of services,” says Lucian Baltaru, CEO of SAMEDAY Group.

Eden Capital increases the number of apartments planned in Pipera

Real estate investor Eden Capital Development has radically changed the Cortina Forest project planned in the Pipera neighborhood, increasing the number of apartments from 400 to over 900 apartments, which brings the development value of the complex to over EUR 300 million.

Eden Capital Development is developing the project develops the Cortina Forest project. In partnership with the Alpha Residence company, owned by real estate investor Simion Marcel Ștefan.

Initially, the real estate investors started the authorization process for a residential complex consisting of 3 buildings, each with 4 floors, and a total of over 400 apartments. Eden Capital announced that it received the building permit in 2022 and that the estimated investment in the complex will amount to almost EUR 200 million.

Now, after the land was expanded through new acquisitions to the current surface of 3.4 hectares, the investors have returned to the project structure with radical changes that provide for the construction of 6 building blocks, each with 7 floors, plus a secluded 8th floor, and a total of over 900 apartments.
In the new version, the complex has a common basement, on two levels, for parking, and on the ground floor of block 2, a private swimming pool is planned, intended exclusively for the residents of the complex. The development is planned to be carried out in 3 phases of execution.

Source: Profit.ro

The Dimex-2000 Company builder doubled its business in 2024

The Dimex-2000 Company builder, controlled by entrepreneurs Ioan and Neluţa Lucreţia Scurtu from Rebrişoara, Bistriţa-Năsăud County, reported a turnover of RON 615.4 million (EUR 123.7 million) for 2024, 2.2 times higher than the previous year, when the company had business of over RON 273 million (EUR 55.2 million).

The Bistriţa-based builder achieved a net profit of RON 49.1 million (approximately EUR 9.9 million) last year, 3.5 times higher than the previous year, when Dimex-2000 Company obtained a net profit of RON 14 million (EUR 2.8 million), according to public data. The company reached an average number of 245 employees last year, 46 more people than in 2023.

The Mall Moldova shopping center in Iasi to open on April 17

The work to complete the Mall Moldova is at an advanced stage, with the official opening scheduled for April 17, 2025.

“Mall Moldova is the largest shopping destination in Moldova and outside Bucharest, with over 110,000 sq m of retail space at this stage of the project, offering over 250 national and international brands, 50 concepts being a premiere for Iasi,” the company’s press release states.

Mall Moldova is a project developed by Prime Kapital Development in partnership with MAS PLC.

“With the appearance of Mall Moldova in Iaşi, we bring to the residents of the area more shopping options and brands that are a premiere in the Moldova region. Also, an important component of the project is entertainment, which comes with a new cinema and a huge playground. The food & leisure areas will offer a variety of operators, many of them new, and for those who put an active lifestyle first, we are waiting for them with a fitness room that includes, among many other facilities, a semi-Olympic swimming pool,” said Mihaela Adam, Asset Manager of Mall Moldova Iaşi.

IULIUS begins extensive redevelopment of Palas Iași with Foster + Partners

IULIUS Company has announced the launch of a major redevelopment project for the Palas Iași mixed-use complex. The redesign is based on a concept developed by the renowned architectural firm Foster + Partners, marking the firm’s first fully implemented project in Romania.

The project will be carried out in stages and aims to enhance the existing retail, leisure, and public spaces within the complex. The retail component will be expanded, with the total leasable area set to surpass 80,000 square metres. The esplanade in front of the Luceafărul Theater will be reimagined as a green space and a venue for events. New regional and international fashion, sports, and department store brands will be introduced, along with flagship formats for anchor tenants.

The redevelopment will also include new entertainment areas for families and children, more flexible event spaces, and an expanded park that will incorporate interactive and relaxation zones. The current events centre will be relocated and upgraded, offering four halls with a total capacity of 1,000 people. Additional underground parking will be added, and the connection to the nearby Palace of Culture will be enhanced through sustainable and aesthetically integrated landscaping and design.

This phase of development represents an investment of approximately EUR 80 million, bringing IULIUS’s total investment in the city centre of Iași to over EUR 520 million.

The updated vision for Palas Iași seeks to build on the relationship that residents and visitors already have with the space—emphasising green areas, inclusive experiences, architectural continuity with the Palace of Culture, and a diverse retail and dining environment. Foster + Partners, known for designing iconic and sustainable structures worldwide, is leading the design process, handling the project in its entirety, including all technical specifications.

According to Raluca Munteanu, Development Manager at IULIUS, the redevelopment is about ensuring long-term relevance. She stated that while Palas is already a successful project, it must continue to evolve alongside the needs of the community. The transformation is intended to better integrate the complex into the city through added green areas, family-oriented spaces, and a refreshed commercial and leisure offer.

Munteanu highlighted that the involvement of Foster + Partners places Iași on the international map of architecture and urban planning, but the real focus remains on creating meaningful spaces for the people who live in and visit the city.

Symmetrica completes the Bolintin Vale factory

Symmetrica has completed its new factory in Bolintin Vale (Giurgiu County), the largest concrete paving and slab production unit in the company’s network, but also in the South-Eastern Europe area. Developed through an investment of almost EUR 50 million, the factory currently has three of its four production lines functional and will become fully operational in the summer of this year.

After the completion of the works and the installation of the fourth line, the new factory, which covers an area of 18,000 sqm, will reach a daily capacity of 15,000 sqm, resulting in a 30% increase in the company’s total production.

“The Bolintin Vale factory project involved the integration of state-of-the-art, highly performing equipment to support both efficiency and the development of our premium product range. We are now in the final stage of this process, the first three lines have been put into operation, and after the installation of the fourth, scheduled for summer this year, the production unit will become fully functional, contributing to the development and consolidation of Symmetrica’s position on the local and regional market,” said Sebastian Bobu, Executive Director of Symmetrica.

Symmetrica is a 100% Romanian company, producing vibropressed pedestrian and road pavers, curbs and gutters, in a wide range of shapes and colors.

Source: Profit.ro

Sofitel, Accor’s luxury hotel brand, returns to the Romanian market

Bucharest will have a new five-star hotel, right in the city center. The Dayan family, one of the most powerful in Israel, has received authorization to renovate the former BCR Palace in University Square, which will be transformed into one of the most luxurious hotels in the capital.

The logo of the luxury brand, part of the Accor hotel chain, was on the building of the current Pullman hotel in Montreal Square in Bucharest until 2009.
The building has a total area of almost 17,000 square meters. The investment in the transformation of the building is about EUR 20 million.

The hotel will have about 157 rooms, which will be located on the 1st, 2nd, 3rd floors and the attic. On the ground floor there will also be spaces for restaurants, an event hall, and in the basement there are plans to arrange a SPA area, in accordance with the requirements of the hotel classification.

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