Retele Electrice Romania, part of Greece’s PPC Group, launched an about RON25 million (excluding VAT) tender on the SEAP public procurement system to buy concrete enclosures for transformer substations, which will be used in the investment projects conducted in 2025-2026.
Employees have grown increasingly concerned about work-personal life balance and offices remain a central element in this sense, with more than half of them (55%) saying the ideal office must be zen, while 38% would like to have the “food truck” concept, with work options that are flexible, diverse and easy to personalize depending on needs, reveals a survey conducted among 1,175 respondents by Genesis Property nationwide.
Real estate holding Meta Estate Trust has made an exit from the investment in housing project The Lake Home developed by Novarion, which generated a 20% IRR.
2024 was the best year for the five-star Epoque Hotel Relais & Châteaux, with the hotel registering a 7% revenue increase against 2023 on the hotel activity segment, to RON14.5 million.