Bucharest | Romania Feed

Swiss-held Bell Food Group is selling the Eisberg salad factory in Bucharest to the Polish Green Factory group, in order to focus on Western markets – Germany, Austria, and its home market, Switzerland. The local factory is part of a regional deal involving production facilities in three countries – Romania, Poland, and Hungary. The buyer is the same for all of them – Green Factory.

Spain’s Olala! Group, which is already present in Romania via Rina Hotels, is investing more than EUR5 million to buy two hotels in downtown Bucharest, Hotel Duke Romana and Hotel Duke Armeneasca.

Biofarm, one of the leading pharmaceutical producers in Romania, which has two plants in Bucharest, plans to invest in retooling its first facility and develop a new research and development center, which will create new products. The investment budget stands at RON47 million in 2025.

The average asking price for an old three-room apartment in Bucharest built between 1978 and 1990 rose to EUR123,077 in May, according to the ZF Real Estate Index compiled with partnership with SVN Romania. The price was 1.5% or nearly EUR2,000 higher than in April and 14.6% or EUR15,769 higher than in May 2024.

Developers plan to bring around 32,000 new apartments on Bucharest housing market by end-2028.

Banca Transilvania has lent EUR20 million to real estate developer STC Partners for the development of Bucharest’s housing compound Quartier Ferdinand, a total investment of above EUR35 million, due to be completed in the fourth quarter of 2026.

IKEA is opening the first Plan and Order Point in Bucharest, in the Orhideea area, a year after launching the format in Constanta.

Global law firm Dentons has announced the promotions of four lawyers in Bucharest to counsel, namely Sandra Constantin, Stefi Ionescu, Luiza Onofrei and Cosmin Roman.

Bucharest hotel market had a solid performance in 2023, further recouping the declines suffered during the pandemic in terms of RevPAR and occupancy rate, while the daily average tariff exceeded the threshold of EUR100/room, according to real estate consultancy Cushman & Wakefield Echinox.

US restaurant chain Popeyes will open a new unit in May in Bucharest, in shopping center Mega Mall, and will reach seven units in the capital city.

Home sales in the first quarter of 2025 dropped by 5.4% in Bucharest, while Ilfov county saw a 2.4% increase against the year-earlier period, reveals an analysis conducted by real estate consultancy SVN.

French-held retailer Auchan opened its first ATAC discount hypermarket in Bucharest on Thursday. This is the eighth discount hypermarket of Auchan, the rest of which operate in other big cities of Romania.

Dutch-Belgian group Ahold-Delhaize, which owns modern grocery retail chains Profi and Mega Image in Romania, has hired 100 people for its technology studio in Bucharest, which it opened last year. The target is to reach 250 employees, which the group last year said could be done by the end of 2025.

Hils Development, the real estate company controlled by entrepreneur Ionut Negoita, has announced that it has fully sold its two residential compounds located in the eastern part of Bucharest, namely, HILS Pallady and HILS Splai, which feature a total of 2,019 apartments.

Comtim Romania, formerly Smithfield Romania, the largest actor on the pork market in the country, has opened a store in Bucharest, its first outside its home of Timisoara, where it has only one store inside its factory.

Private investment firms Cerberus and Revetas are considering the sale of the Radisson Hotel on Calea Victoriei in Bucharest, after having sold the Landmark office space complex in the same city in 2024, market sources say..

Romania housing market started 2025 on a downward trend, with the number of deals falling in January by 17% countrywide and 18% in Bucharest, reveals an analysis by Storia, the real estate platform launched by OLX.

In December 2024, 18.7% more homes were sold in capital city Bucharest than in November 2024, namely, a total 5,136 properties, compared to 4,326 units bought in the penultimate month of 2024, official data from the National Agency For Cadaster and Real Estate Publicity (ANCPI) showed on Tuesday (Jan. 14, 2025).

December 2024 brought a strong price increase on the Bucharest market of old three-room apartments after a year and a half of advances.

International Workplace Group, the world’s largest hybrid work solution provider, with brands such as Spaces and Regus, is opening a new flexible work space in Bucharest, in Vastint Business Garden building, in a bid to meet the ever rising demand for such spaces on the local market.