Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Businessman Dan Șucu and Redport invest EUR 50...

Businessman Dan Șucu and Redport invest EUR 50 mln in new residential project in eastern Bucharest

April 10, 2025

Developer Redport and businessman Dan Șucu, founder and shareholder of Mobexpert Group, are investing EUR 50 million in a major new residential development in eastern Bucharest. 

The project, named Vitality Est, will be built on a 27,000 square-meter plot adjacent to Pantelimon Park and Lake, offering more than 500 apartments and 400 square meters of commercial space.

The first phase of construction is set to begin in the coming weeks and is expected to be completed in 2026....

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/dan-sucu-redport-residential-project-bucharest-2025
Read in full - click here
Award-winning films to premiere at 24th edition of Transylvania International Film Festival in Romania

Award-winning films or selections from the most important festivals of 2024-2025 will be shown in premiere in Romania at the 24th edition of the Transylvania International Film Festival (TIFF) in Cluj-Napoca between June 13 and 22. Some of the productions were shown at festivals like the ones in Cannes, Karlovy Vary, Venice, San Sebastian, Sundance, […]

Far-right and reformist presidential candidates top voter preferences in Romania - IRSOP poll

George Simion, the leader of far-right party Alliance for the Union of Romanians (AUR) and Bucharest mayor Nicușor Dan, who is running as an independent, are the main favorites to win the upcoming presidential election, according to an IRSOP poll. George Simion would be voted by 31% of Romanians, while Nicușor Dan would receive 28% […]

Roughly 24% of Romanians lived abroad in 2024, according to Alpha Bank analysis

Romania had in 2024 the highest share of emigrants among EU states, with 24% or 4.6 million people living abroad, as well as one of the highest volumes of remittances relative to GDP, namely 2.8% in 2023, according to an analysis by Alpha Bank. Romanians who left the country sent back around RON 13 billion […]

Spectacular nature series 'Europe' opens 2025 LYNX Festival in Brașov

The third edition of the LYNX Festival, Romania’s first event dedicated exclusively to nature documentaries and photography, will open on June 4 in Brașov with the Romanian premiere of Europe – One Continent, Five Worlds, a sweeping nature series filmed over more than 1,000 days across 30 countries. The festival will run from June 4 […]

Chinese car company Chery to enter Romanian market in July

The Chinese car company with the largest international presence, Chery, will officially begin selling cars on the Romanian market this year, Profit.ro reported. Its local catalog is to include the Tiggo 8 SUV, the first model officially approved in the European Union, which will soon...

Romanian presidential candidate Nicușor Dan denounces veiled attack on social media

Independent candidate and Bucharest mayor Nicușor Dan, who is credited with a real chance to reach the run-off round of the presidential elections in Romania, said on Tuesday, April 15, that his official Instagram, Facebook, and TikTok accounts were under attack. According to the mayor, thousands of new followers and positive comments have appeared in […]