Lidl Opens New Store in Agnita

The German retailer Lidl is opening a new store in the city of Agnita, Sibiu County. The store has a sales area of ​​over 1,000 square meters and offers customers 100 parking spaces.

Lidl stores will also be located in certain blocks and buildings, according to Irina Mușan, a member of the Lidl Board of Directors. Lidl, part of the Schwarz group, headquartered in Neckarsulm, is one of the top companies on the food retail market in Germany and Europe.

Lidl currently operates over 12,600 stores and over 230 logistics centers and warehouses in 31 countries. Lidl has approximately 382,400 employees, of which over 13,000 in Romania, where the German retailer has opened over 370 stores and 6 logistics centers.

Rituals Cosmetics Opens New Stores in Iulius Town Timișoara, Palas Iaşi and Iulius Mall Cluj

International brand Rituals is joining IULIUS Company’s retail network and will open stores this autumn in Iulius Mall Cluj and the Iulius Town Timișoara and Palas Iași mixed-use projects. Globally renowned for its care and wellbeing products, Rituals brings its holistic philosophy closer to the public through varied collections inspired by nature and ancient rituals.

“This autumn, international brand Rituals will open stores in Iulius Town Timișoara, Palas Iaşi and Iulius Mall Cluj, which are the best performing shopping developments outside the Capital and regional market leaders. Rituals is widely acknowledged in the beauty industry for its holistic philosophy, seamlessly blending mindfulness with sustainable beauty practices inspired by ancient Asian traditions. We are confident that this partnership will add significantly to the shopping experience, giving our clients the opportunity to discover the sensory universe and unique philosophy of Rituals,” said Oana Diaconescu, Head of Leasing Retail IULIUS.

Intesa Sanpaolo Plans to Recolate its Employees to One Victoriei Plaza

Intesa Sanpaolo Bank Romania is analyzing the option of moving the bank’s headquarters from the America House office building, located in downtown Bucharest, to the neighboring tower, One Victoriei Plaza, where First Bank, a financial institution in the process of merging with Intesa, has its headquarters.

The headquarters of Intesa Sanpaolo Bank Romania occupies approximately 3,300 square meters in the America House building. The bank’s lease agreement with the owners of America House expires in approximately one year.

The One Victoriei Plaza building has 15 floors and a total leasable area of ​​approximately 12,000 square meters used exclusively as the headquarters of First Bank.

Source: Profit.ro

 

Florin Mariş Acquires 32 ha of the Former IMGB of Cluj

Cluj businessman Florin Mariş, founder of the Hexagon group, has made one of the largest land acquisitions in Romania in the last ten years: the purchase of the former CUG industrial platform in Cluj-Napoca. The land has an area of ​​32 hectares, and the value of the transaction exceeds EUR 20 million. In addition, the industrial platform will also have a metro station in proximity when the infrastructure project is completed, with the Muncii station being planned nearby.

Through this acquisition, Hexagon aims to transform the area into a new mixed urban hub, with residential, commercial and office functions, in the proximity of the future mall developed by Prime Kapital and MAS REI.

The transaction was brokered by CBRE Romania, and legal advice was provided by Popovici Niţu Stoica & Asociaţii (PNSA).

 

Agricola Group Leases 5,400 sqm in the ELI Park Bacău Project  

The Agricola Group from Bacău has signed a lease agreement for 5,400 square meters in ELI Park Bacău, a project in the ELI Parks portfolio.

The company will use the space to expand its logistics operations and distribution capacity.

“This step in the development of the logistics activity gives us the ability to operate a significantly larger quantity of goods daily”, says Andrei Munteanu, Director of Logistic Operator Agricola.

ELI Parks will continue the development of the project, by building a new phase of ELI Park Bacău, with an additional area of ​​approximately 20,000 square meters, to be delivered in 2026.

Concelex Modernizes Arad Penitentiary, in a Project Worth Almost RON 50 mln

Romanian builder Concelex has won the contract for the modernization of Arad Penitentiary, a project worth RON 49.3 million (excluding VAT).

The works, which will take place over a period of four years, cover a total area of ​​almost 18,000 square meters and target four detention pavilions and a technical building.

“The modernization of the prison infrastructure is an essential component of a functional and humane detention system,” said Cătălin Vişan, deputy general director of Concelex.

On the installation side, the company will fully replace the water and sewage networks, restore the electrical circuits, install LED lighting fixtures and modernize the thermal systems, including the existing central heating system.

Gabriel Vinţe is the New Business Development Manager of C&W Echinox

Real estate consultancy Cushman & Wakefield Echinox has recruited Gabriel Vinţe as business development manager within the Project & Development Services department.

He will coordinate the activities of expanding the client portfolio and strategic partnerships, as well as the business line dedicated to sustainability services.

“The recruitment of Gabriel Vinţe is a natural step for us, given the evolution of the market and the increasingly high expectations regarding technical consultancy, design and sustainability services.”, says Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox.

 

German Group Knauf to Officially Inaugurate Factory in Romania

The German construction materials producer Knauf Group will officially inaugurate next month, through the company Knauf Insulation, the glass mineral wool factory in Târnăveni, Mureș County, presented as the most modern unit in the field in Central and Eastern Europe.

The new factory involved an investment of EUR 140 million and will ensure an annual production of over 75,000 tons of mineral wool in order to serve both domestic needs and the markets in Central and Eastern Europe.

The German group previously announced that it would invest over EUR 200 million  in the construction of two factories in Romania, in Mureș and Cluj. In February, Knauf Group received, through its subsidiary Knauf Gips, the construction permit for the factory in Huedin, Cluj County, an investment of over EUR 75 million.

Source: Profit.ro

 

Concelex Begins Construction of Two New Student Dormitories

Concelex is starting work on two university dormitories for students of the West University of Timișoara. The projects have a cumulative value of RON 88.6 million and are being carried out by the Romanian Government, through PNRR funding.

“We have over 40 projects in this field underway or recently completed, from schools and kindergartens to university campuses. We are happy to contribute, together with the West University of Timișoara, to the creation of spaces that support learning, collaboration and student life at current standards,” said Cătălin Vișan, Deputy General Director, Concelex.

The execution period for the two dormitories to be built in Ghiroda Commune, Timiș County, is 12 months.

HILS Development Has Sold the Entire HILS Brauner Residential Complex

HILS Development, a company controlled by entrepreneur Ionuţ Negoiţă, has sold the entire HILS Brauner residential complex, with 8 blocks, located in the eastern part of Bucharest, in the Theodor Pallady area.

The complex includes 1,336 apartments and has over 2,500 residents. The complex also includes green spaces of over 8,500 sqm, playgrounds, relaxation areas, a football field, a café and an 8-level multi-storey car park, which offers 1,363 spaces for residents and visitors.

The company currently has three fully sold residential projects: HILS Pallady, HILS Splai and HILS Brauner, with a total of over 3,300 apartments in the eastern part of Bucharest.

 

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