Romanian Real Estate News – 02/03/23

Real Estate News Romania


-The Minister of Culture Lucian Romascanu on Wednesday (March 1) wrote on Facebook that the construction works start at the Grivita 53, the first private theatre to be built from scratch in Romania after almost 80 years.


French multinational hospitality company Accor Group has signed a franchise agreement with local company Sab Serv Expres SRL for the opening of a new Mercure hotel in Bucharest in the fall of 2023, Ziarul Financiar reported.


Paval Holding, the special purpose vehicle held by local enterpreneurs Paval brothers who own DIY retailer Dedeman, intends to buy 5% in ceramic block Cemacon, which is its remaining free float, from March 9 to March 22, Bursa reported citing a Bucharest Stock Exchange report