Gradea News Today

Prima Development Group, a real estate developer of Oradea, signed for the acquisition of an over 6-ha land plot in Bucharest’s Soseaua Gheorghe Ionescu Sisesti, part of the portfolio of Austrian real estate developer Immofinanz.

Airline HiSky will operate five flights per week on the Oradea-Bucharest route and back, and three flights per week on the Oradea-London route and back, Bihor County Council said in a press release.

Andreas STIHL Power Tools SRL, a subsidiary of Germany’s STIHL AG&Co, has started building a new EUR165 million production unit on an area of around 147,000 square meters in Eurobusiness I Industrial Park.

Constructii Erbasu, one of Romania’s largest construction firms, controlled by entrepreneur Cristian Erbasu, in association with Terra Gaz Construct, owned by brothers Traian and Alexandru Bunea, and with Concelex, controlled by entrepreneur Daniel Piturlea, have won a contract worth RON363.6 million (around EUR73 million), VAT not included, with Oradea city hall, for the design and execution of the new infectious disease hospital in Vladeasa street.

Unusual sports competitions are on the rise, attracting interest from both athletes and the public.

Accor, a leading global hospitality group, announces the signing of a franchise agreement with local partner Grand Hotel West for the opening of a new Mercure hotel, in Romania's northwestern city of Oradea, in 2026.

Nokian Tyres, a major player on the global tire market, operated a RON82 million capital increase this July, a sum added to the capital of Nokian Tyres Europe Operations SRL, in line with Trade Registry data.

Sibiu-based builder CON-A, owned by entrepreneur Mircea Bulboaca, says the biggest project it is carrying out at this moment is in Oradea. In line with previous ZF data, the biggest investment project now underway in Oradea is the tire plan of Finland’s Nokian Tyres.

Mirae Asset Credit Opportunities Fund has announced its outright acquisition of a pre-leased Grade A industrial asset at Bhiwandi, MMR for INR 130 Crs.

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