The Management Board of Practic SA, one of the largest owners of commercial spaces in Bucharest, has proposed to shareholders the distribution of RON39.2 million dividends from the retained earnings of 2024, as well the distribution as interim dividends of the sum of RON16.69 million from the current operating income registered in the first half of 2025.
Romania stands out in the European fiscal landscape with a property taxation level that is significantly lower than the EU average, a feature that has spurred the appeal of the local real estate market and created a favorable fiscal framework both for owners and for investors, according to an analysis carried out by Cushman & Wakefield Echinox on the basis of Eurostat data.
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a Memorandum of Understanding (MOU) with Ennismore, the fastest-growing lifestyle hospitality company, to introduce The Hoxton to Romania.
German company Continental, via ContiTech division, has sold the OESL business, with operations in 15 countries, including Romania, to US private holding company Regent.
Romanian entrepreneurs Daniela and Liviu Apolozan have sold, together with investment fund Morphosis Capital, tech company DocProcess to AGENA3000, a French provider of data management and e-invoicing solutions.
Daniela Schoppmeyer, a majority stakeholder in Faberrom, the company inheriting the former Romania textile mammoth APACA, has acquired half of Scala block of flats, a flagship building of interwar modernism located on Bucharest’s Maghery boulevard.
Specialty coffee shop network Boiler has reached 15 units in Bucharest, Cluj and Brasov, with the last two units being opened in partnership with other brands.