PPF Real Estate announces it has chosen the Romanian unit of Strabag as the general contractor for the construction of ARC, a premium office building to offer 30,000 square meters of space in one of Bucharest’s expanding commercial districts near the Basarab metro station. The ARC project is PPF Real Estate’s first development project in Bucharest, adding to the company’s existing office spaces available at Metropolis Center and Crystal Tower office buildings. The construction of the state-of-the-art and environmentally friendly ARC is scheduled for completion in 2026. “We are certain that ARC will be a trailblazer among top-notch office spaces in Bucharest and Romania. We are thrilled to select Strabag due to its excellent long-term track record in delivering building constructions to the highest standards, enabling investors and landlords to satisfy their tenants,” says Juraj Šaštinský, PPF Real Estate’s Investment Director. *** PPF Real Estate develops and manages commercial and residential projects across several markets in Europe and the US, including Florida, Poland, the UK, the Czech Republic and Romania. STRABAG SE is a European technology group for construction services. STRABAG has been active on the Romanian market since 1991, establishing its headquarters in Bucharest in 1994. Today, STRABAG Group has subsidiaries in all major regions of Romania and operates in all construction sectors, especially in the transport infrastructure, building construction and civil engineering segments, as well as in environmental construction projects.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
