News von den Mitgliedern

Our team assisted IDV Defence Vehicles in negotiating and finalising the documents whereby the Ministry of Defence of the Republic of Moldova becomes a partner in the Romania-led SAFE project Multi-purpose Wheeled Transport Platforms.

This is the first time that the Ministries of Defence of Romania and Moldova have partnered on a procurement under the SAFE programme.

Our team was led by Anca Albulescu (Partner, Head of Procurement and Defence practices).

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Global law firm DLA Piper announces the appointment in Romania of Arcadie Parfenie, Director, as Head of Tax, consolidating the firm’s full-service offering in Romania.

Arcadie is a senior tax professional with extensive experience in international taxation, developed through in-house leadership and advisory roles in Romania and Luxembourg. He has coordinated tax matters across multiple European jurisdictions and worked on complex group reorganisations, M&A transactions, financing structures, transfer pricing and tax compliance. His combination of in-house and advisory experience enables him to approach tax matters in the context of clients’ wider commercial and strategic objectives.

Arcadie Parfenie said: "I am thrilled to join the firm as Head of Tax at such exciting time in my career. Over more than 23 years, I have helped clients navigate complex tax challenges by combining practical thinking, commercial insight, and a forward-looking perspective to deliver tax advice that is both effective today and sustainable over the long term. I'm drawn to this firm's collaborative culture and I am looking forward to expand our tax practice and deliver clear, strategic solution for our clients."

Marian Dinu, Country Managing Partner of DLA Piper in Romania, stated: “The appointment of Arcadie at the leadership of our Tax practice is an important milestone for the firm. We are gaining an experienced leader, who intimately understands the client's perspective and has a breadth of expertise that is invaluable in presenting to clients a complete and pragmatic approach to resolving their tax-related issues. His joining is a step forward for our tax practice and good news for the clients of our corporate, finance, real estate and employment practices as well.”

About DLA Piper

DLA Piper is a global law firm helping our clients achieve their goals wherever they do business. Our pursuit of innovation has transformed our delivery of legal and tax services.  With offices in the Americas, Europe, the Middle East, Africa and Asia Pacific, we deliver exceptional outcomes on cross-border projects, critical transactions and high-stakes disputes.

DLA Piper's office in Bucharest supports clients with a team of more than 40 internationally trained lawyers and tax consultants combining industry knowledge built on local projects with international experience gained while advising major global clients.

Our legal and tax services cover Corporate, Employment, Competition, Finance, Intellectual Property and Technology, Real Estate, Tax, Litigation and Regulatory. Every day we help organisations seize business opportunities and successfully manage growth and change at speed. Visit dlapiper.com to discover more.

Contact details

Titus Percea, Senior Marketing and Business Development Manager, DLA Piper,

 +40 372 155 864, titus.percea@dlapiper.com

Cătălina Bolboacă, Marketing and Business Development Advisor, DLA Piper,

+40 372 155 819, catalina.bolboaca@dlapiper.com

Expert: Dragos Boranda, Managing Director Romania, Rohlig SUUS Logistics

Recent drone attacks on merchant vessels near the coasts of Bulgaria and Romania are another example of geopolitical turbulence on key transport routes. So far, we see no restrictions on shipping services to Constanța or Burgas, but the incidents show how quickly conditions on a single route can change. How can companies serving Romania and Bulgaria make their supply chains resilient enough to keep goods flowing if their main port becomes harder to reach?

The safest approach is to prepare alternative routes before they are needed. For us, the first of them is Koper in Slovenia, where SUUS has its own branch. It is an important and fast-growing port on the Adriatic: in 2025, its container terminal handled a record 1.27 million TEU, 12% more than a year earlier. Once fully operational, the second track on the Divača–Koper line, inaugurated in March, will more than double the capacity of the rail link from the Slovenian port. Piraeus in Greece, on the main Asia–Europe shipping lane, is another option.

Ports in the north of the continent receive direct ocean services from Asia and have rail connections to Central and Eastern Europe, so cargo can reach Romania and Bulgaria entirely by land. In Poland, our home market, Gdańsk keeps breaking records, and we see it first-hand: in the first half of 2026, its Baltic Hub container terminal handled almost 1.6 million TEU, 23% more year on year. Hamburg and Bremerhaven in Germany and Rotterdam in the Netherlands are further options. At SUUS, we select services to match each client's needs, so that the route works best for their cargo in terms of cost, transit time and reliability.

Air freight is another alternative, especially for high-value and time-sensitive shipments. The first choice is Bucharest, the local gateway: cargo at Romanian airports grew by more than 13% year on year in the first quarter of 2026. Budapest, the region's largest cargo hub, which handled more than 426,000 tonnes in 2025 and where SUUS also has its own branch, offers additional capacity.

Building resilience also means holding stock closer to the market, and we see clients' interest in this. In Romania, SUUS offers warehouse services, including co-packing and other value-added services, as well as customs clearance, so clients can keep safety stock near their customers in case a sea delivery is delayed.

At SUUS, we specialise in designing logistics to our customers’ individual needs through our Supply Chain Solutions. We can audit, plan, redesign and manage an entire customer’s operations, adapting it as conditions along individual transport corridors evolve. Today, one of the biggest priorities for businesses is ensuring the resilience of their logistics operations. We have a strong presence across the CEECA region and continue to strengthen our position there, operating in Romania, Poland, the Czech Republic, Slovakia, Hungary, Slovenia, Ukraine, Kazakhstan and Uzbekistan. We manage our customers’ supply chains on a global scale, and our extensive network and multimodal capabilities allow us to shift cargo between routes and modes of transport before disruptions along any given corridor affect our customers’ schedules. Companies that have already diversified their transport options will be in a stronger position if conditions in the Black Sea region tighten further.

About Rohlig SUUS Logistics

Rohlig SUUS Logistics is the largest Polish logistics operator and one of the leading operators in Central and Eastern Europe and Central Asia. It specialises in comprehensive logistics management and global supply chains. The company delivers logistics processes using road, sea, air, rail and intermodal transport, and also provides contract logistics, customs services and project cargo. In addition, Rohlig SUUS Logistics designs supply chains tailored to specific client needs as Supply Chain Solutions. In 2025, the company generated revenue of PLN 2.6 billion. It currently employs more than 2,600 people in more than 40 branches in 9 countries and manages more than 385,000 sq m of warehouse space. It is one of the few Polish companies with SBTi-approved decarbonisation targets.

Media contact

Mateusz Poźniak, Spokesperson, Rohlig SUUS Logistics, mateusz.pozniak@suus.com, +48 690 444 486

Jakub Czubaszek, Clue PR, jakub.czubaszek@cluepr.pl, +48 665 633 606

2 November 2026 – Global law firm DLA Piper announces the appointment in Romania of Laura Ambrozie, Counsel, as Head of the Competition practice, consolidating the capabilities for a strategically important area of the firm’s full-service offering. Under her leadership, the Competition practice will continue to provide high standard services, clients' business tailored advice, working closely with the international DLA Piper network to offer support on demanding domestic and cross-border matters.

Laura is a competition lawyer with over 15 years’ experience, helping multinational groups, market leaders and industry associations manage competition, merger control and FDI matters. Her work covers a broad range of sectors, while clients value Laura's clear, actionable guidance and her pragmatic approach to matters involving significant regulatory, financial and reputational considerations.

Laura Ambrozie said: „I am very pleased to join DLA Piper Dinu and take on the role of head of competition in Romania. This is an opportunity to continue building on my experience in competition law, but this time within an international environment. I am also excited to work alongside new colleagues with remarkable experience across a wide range of practice areas.”

Marian Dinu, Country Managing Partner of DLA Piper in Romania, stated: “The appointment of Laura at the leadership of our Competition practice comes as we celebrate 18 years in Romania. We have consistently grown our Romanian practices by attracting, supporting and developing highly skilled people for our clients and our wider cross-practice team. Laura provides a fresh start and a new, more focused approach to our competition practice, which I am confident will lead to very successful outcomes for our clients and to a continued development of the firm's reputation in this area.”

About DLA Piper

DLA Piper is a global law firm helping our clients achieve their goals wherever they do business. Our pursuit of innovation has transformed our delivery of legal and tax services.  With offices in the Americas, Europe, the Middle East, Africa and Asia Pacific, we deliver exceptional outcomes on cross-border projects, critical transactions and high-stakes disputes.

DLA Piper's office in Bucharest supports clients with a team of more than 40 internationally trained lawyers and tax consultants combining industry knowledge built on local projects with international experience gained while advising major global clients.

Our legal and tax services cover Corporate, Employment, Competition, Finance, Intellectual Property and Technology, Real Estate, Tax, Litigation and Regulatory. Every day we help organisations seize business opportunities and successfully manage growth and change at speed. Visit dlapiper.com to discover more.

Global law firm Dentons has strengthened its Competition and Antitrust practice and its Life Sciences and Health Care sector group in Bucharest with the arrival of Partner Alina Lacatus, who joined the office on November 1, 2026 to lead the Life Sciences and Health Care sector group and co-lead the Competition group within Romania. 

A member of the Bucharest Bar since 2005, Alina Lacatus brings more than two decades of experience advising Romanian and multinational companies on a broad range of competition law matters. Recognized by leading international legal directories such as Chambers & Partners, she advises companies and trade associations on competition compliance, investigations and enforcement proceedings.

Alina Lacatus represents clients before the Romanian Competition Council in sector inquiries and investigations into suspected infringements of Romanian and EU competition law, including during dawn raids. Her practice also covers merger control, FDI, compliance programs, mock dawn raids, training, competition audits, risk assessments and the competition law implications of commercial arrangements and day-to-day business operations. She combines in-depth legal expertise with a practical understanding of the regulatory and commercial environments in which clients operate.

Her experience spans a wide range of industries, with a particular focus on life sciences and pharmaceutical regulation. She advises leading pharmaceutical and biotechnology companies on a broad range of complex legal and regulatory matters, including pricing and reimbursement, health technology assessment, market access, and complex business changes. She has also advised clients in the FMCG and retail, energy, recycling and advertising sectors.
Jean-Marc Grosperrin, Global Chair of the Life Sciences and Health Care Group, says: “I am delighted to welcome Alina to our Life Sciences and Health Care team. Her knowledge of the Romanian market and experience advising pharmaceutical and biotechnology companies will be invaluable as we continue to develop our sector offering. I look forward to working with her to support clients in Romania and internationally.”

Agnieszka Stefanowicz-Barańska, Co-Head of Dentons’ Europe Competition and Antitrust practice commented, "Alina’s arrival strengthens our European Competition and Antitrust offering. Working alongside Livia Zamfiropol in Bucharest, she will help us advise clients across Europe on increasingly complex competition and regulatory challenges.”
Perry V. Zizzi, Romania Managing Partner, added: "Alina’s arrival reflects our commitment to continue growing the Bucharest office and expanding our capabilities in the areas that matter most to our clients. Her expertise in both competition law and life sciences strengthens our ability to deliver integrated advice in highly regulated markets.”

Alina Lacatus commented on her appointment, "I look forward to collaborating with my new colleagues in Bucharest, across Europe and globally to deliver strategic, integrated solutions to help clients navigate increasingly complex competition and regulatory matters. Drawing on the Firm’s deep sector expertise and commercially focused, strategic approach, my aim in Dentons is to help clients anticipate risk, manage competition and regulatory complexities, and turn challenging legal issues into clear and actionable business opportunities."

Since summer 2026, Dentons’ Competition practice in Bucharest has also welcomed counsel Alina Antonie and Razvan Pele, senior associate Roxana Sfetcu, associate Roxana Radulescu, junior associate Raluca Ciolan and paralegal Cristina Parinc. Cristina Pentiuc recently joined the Bucharest office as a Life Sciences and Health Care expert, further expanding the team’s sector knowledge.

Angelo Zuccala appointed General Manager of InterContinental Athénée Palace Bucharest, in addition to his role as Area General Manager IHG Hotels & Resorts Southern Europe Luxury & Lifestyle

InterContinental Athénée Palace Bucharest announces the appointment of Angelo Zuccala as General Manager of the hotel. Mr Zuccala will continue to also serve as Area General Manager IHG Hotels & Resorts Southern Europe Luxury & Lifestyle, combining the leadership of the Bucharest landmark with a regional role in IHG’s luxury portfolio.

Mr. Zuccala brings more than 30 years of international hospitality experience, most of it with IHG’s InterContinental brand, which he joined in the early 2000s. His career in luxury hotels has taken him through the UK, France, Egypt, Malta, Germany, Romania, Bulgaria and Montenegro, in roles spanning sales, luxury event management, revenue management, food and beverage, concept development, operational excellence and general management. He previously led the former InterContinental Bucharest hotel, Crowne Plaza Bucharest and, more recently, InterContinental Sofia and Regent brand in Montenegro.

He holds a Master’s degree in Business Studies and Finance from Excelia Group, La Rochelle, France and is a French and Italian national.

“It is a true privilege and a great source of pride to take the helm of InterContinental Athénée Palace Bucharest,” said Angelo Zuccala. “This is a hotel with extraordinary heritage and a rich history, recognised internationally with numerous awards, and one of the most distinguished properties in the IHG luxury portfolio. It is an honor for me to build on this legacy, to acknowledge and further refine the exceptional standards of our teams and to keep writing the next chapter of this iconic hotel together with our guests, partners and the city of Bucharest.”

“I would like to thank ANA Hotels for their vision and the substantial investment made in recent years. It has transformed the hotel into a true jewel of the InterContinental portfolio, and it gives us an exceptional foundation to build on”, added Mr. Zuccala.

“InterContinental Athénée Palace Bucharest is a landmark of luxury hospitality in Romania and a symbol of Bucharest’s hotel heritage. The investments made in modernising the hotel reflect ANA Hotels’ commitment to preserving and enhancing this legacy while delivering experiences that meet the highest international standards. We are delighted to welcome Mr Angelo Zuccala back to Bucharest. His appointment as General Manager marks a new chapter in the hotel’s evolution, offering an opportunity to further strengthen its positioning in the international luxury market and to continue its development alongside our partner, IHG Hotels & Resorts,” said Meda Vasiliu, Chief Operating Officer of ANA Hotels.

InterContinental Athénée Palace Bucharest, a storied landmark of the city’s history and hospitality and a Michelin key holder for the second year in a row, has been awarded, at the recent World Luxury Awards Gala held on October 17^th, three continental and regional-level awards:

Best Luxury Hotel & Conference Centre – Europe

Best Luxury Urban Hotel – Eastern Europe

Best Luxury Cultural Hotel – Eastern Europe

The hotel features: JORJ Restaurant, The English Bar, Café Athénée, Spa InterContinental, along with the historical Le Diplomate Ballroom, part of the national heritage.

 The hotel is owned by ANA Hotels and operated under the InterContinental® Hotels & Resorts brand, part of IHG Hotels & Resorts’ Luxury & Lifestyle portfolio.

About IHG Hotels & Resorts

IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.

IHG Hotels & Resorts [LON:IHG, NYSE:IHG] is a global hospitality company, with a purpose to provide True Hospitality for Good. With a family of 21 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes with over 160 million members, IHG has more than one million rooms across 7,100 hotels in over 100 countries, and a development pipeline of a further 2,400 properties.

Its Luxury & Lifestyle portfolio includes Six Senses, Regent, InterContinental, Vignette Collection, Kimpton and Hotel Indigo.

About InterContinental® Hotels & Resorts

InterContinental Hotels & Resorts has been pioneering luxury travel for more than 80 years, creating meaningful and memorable experiences for guests around the world. The brand combines understated luxury, thoughtful design and personalized service with a deep understanding of each destination. Signature experiences including InterContinental Ambassador and Club InterContinental provide guests with elevated recognition and privileges, while the brand’s local knowledge helps travelers discover the distinctive character of each city and experience it with greater depth. For more information, visit www.intercontinental.com.

About ANA Hotels

InterContinental Athénée Palace Bucharest hotel is part of the largest Romanian private hotel group, ANA Hotels. The company also owns and operates the Crowne Plaza Bucharest hotel, three hotels in Poiana Brașov - Ana Hotels Sport, Bradul and Poiana and one in Eforie Nord - Ana Hotels Europa, as well as the operator of the ski facilities in Poiana Brașov - ANA Teleferic, the latest addition to its portfolio, the Panoramic Restaurant in Brașov.

Media contact
Laura Hamzea, PR & Marketing Manager, Email: laura.hamzea@ihg.com , Phone: 0040731305723

Expert: Roman Ostroverkh, Managing Director, Rohlig SUUS Logistics, Ukraine

Under current circumstances, Ukraine's economy relies to a large extent on imports. Machinery, equipment and vehicles make up the largest share, alongside energy products, building materials, food and consumer goods. Much of this trade is with global markets, which makes seaports and sea freight essential within Ukraine's supply chains. Since traffic at the Greater Odesa ports has been restricted, container calls there remain limited. European ports have taken over a large share of the volume, with Gdańsk as the main gateway. At Rohlig SUUS Logistics we see this first-hand through our own subsidiary in Ukraine: Poland has become the key logistics hub for the Ukrainian market.

Construction drives a large part of the demand. In the first half of 2026 imports covered 43.8% of Ukraine's steel consumption, the highest share in more than three decades, according to GMK Center, as infrastructure, factories, warehouses and terminals are going up, mostly in the west of the country. Consumer demand is recovering as well: retail turnover rose by 9% in real terms in January–July, according to Ukraine's State Statistics Service, supporting imports of food and FMCG, as well as cars, more than 70% of them used. For logistics this means several models running side by side, from project cargo and oversized loads for energy and construction to palletised distribution for consumer goods.

Gdańsk as the sea gate for Ukrainian containers

Ukraine's trade with global markets, including goods from China, its largest supplier, increasingly runs through Polish ports. Baltic Hub in Gdańsk handles around 40% of the Ukrainian container market.

Gdańsk owes the position to its deep-water access. Baltic Hub, the port's container terminal, is the only one in the Baltic Sea that can receive the largest ocean-going container ships on direct services from Asia. Cargo from China can therefore reach Poland without transhipment in Hamburg or Rotterdam, which shortens transit times and removes one of the handling stages along the way. Rail lines run from the port to southern and eastern Poland and on to the border crossings with Ukraine, so containers can move from ship to train within the port area. Since November 2025 a regular intermodal rail service from the Baltic Hub terminal to Ukraine is active: containers are transferred to the LHS broad-gauge line in Zamość, and the whole journey takes about five days.

The land links from port to border

According to the European Commission, around 90% of Ukraine's imports moved via the EU's Solidarity Lanes in July 2026, largely through Polish road and rail crossings. From Gdańsk, combined sea–rail services reach terminals in western and central Ukraine, and rail keeps gaining ground.

The infrastructure behind this route is expanding on both sides of the border. On the Polish side, Sławków is the only terminal in the EU that can directly handle broad-gauge trains from Ukraine and Asia, via the LHS line. Euroterminal Sławków is building a second intermodal terminal that will nearly double its annual capacity, from 285,000 to 530,000 TEU.

In September 2025 Ukraine opened its first line in the European standard gauge, between Uzhhorod and Chop, and similar connections are planned to reach Lviv, Chernivtsi and Kovel in the coming years. Four TEN-T corridors have been extended to Ukraine, linking it to the core European transport network and opening access to EU funding. The 80-km Lviv–Mostyska line near the Polish border, co-financed by the EU and due for completion at the end of 2027, will allow direct rail transport without a change of gauge at the border.

These flows reflect the importance of Poland to Ukraine, as a logistics route and as a trading partner. Poland is Ukraine's second-largest supplier after China, with around 9.5% of its imports in January–July 2026, and Polish exports to Ukraine grew 13.4% year on year in the first half, faster than to any other of Poland's top-10 trading partners.

Constanța and Hamburg widen the choice

Gdańsk is the key sea gate for Ukraine, and other European ports complement it. Constanța is the main southern alternative, with road and Danube links to Ukraine, and as its transport infrastructure develops, Romania is becoming an important partner in Ukraine's trade and recovery. We operate there through our own Romanian subsidiary, so we can route cargo via the Black Sea when a shipment requires it. A surge in container volumes in recent months has congested the port and stretched customs clearance to 5–7 days from the usual 2–3, so some Ukraine-bound cargo is moving north to Poland.

Hamburg is one of Europe's largest container ports, with frequent deep-sea calls and dense rail links inland. It contributes to Ukrainian trade through intermodal rail, including services to the modernised Eurobridge terminal in Batiovo in western Ukraine, which opened in February 2026 at the junction of the European and broad-gauge networks.

At SUUS we choose the route for each shipment according to the type of cargo, the required transit time, cost and its destination in Ukraine, and use both of these ports alongside Gdańsk.

Ukraine's import needs are long-term

SUUS sees Ukraine’s long-term economic potential, which is why we launched our local subsidiary in Ukraine in Kyiv in May 2025, after years of handling cargo to and from Ukraine. Interest is growing among investors from Europe, Asia and the United States. At SUUS we combine sea freight with rail and road transport and customs clearance on both sides of the border, and our team in Ukraine takes routing and delivery decisions locally, close to the cargo and to our clients. For companies entering the market, a local logistics partner with its own operations and specialists who know local conditions lower the barriers to entry.

***

About Rohlig SUUS Logistics

Rohlig SUUS Logistics is the largest Polish logistics operator and one of the leading ones in Central and Eastern Europe and Central Asia. It specializes in the integrated management of logistics and global supply chains. It implements logistics processes based on road, sea, air, rail, and intermodal transport, as well as contract logistics, customs services, and project cargo. It also offers supply chain design tailored to specific customer needs as Supply Chain Solutions. In 2025, the company generated revenues of 600 million EUR. Currently, it employs more than 2,600 people in over 40 branches across 9 countries and manages more than 385,000 sqm of warehouse space. It is one of the few Polish companies with SBTi-approved decarbonization targets.

● PR Team, Rohlig SUUS Logistics, pr@suus.com

● Jakub Czubaszek, Clue PR, jakub.czubaszek@cluepr.pl, +48 665 633 606

SGS Romania is pleased to invite you to visit our stand at INDAGRA 2026.

Meet our experts and discover how our testing, inspection and certification services can support businesses across the agriculture and food value chain, helping manage risks, demonstrate compliance and build trust.

 We look forward to welcoming you at INDAGRA!

Bucharest, October 2026: More than 636,000 homes were completed in Romania between 2016 and 2025, equivalent to almost 33 new homes per 1,000 inhabitants, according to an analysis by Cushman & Wakefield Echinox based on housing completion data compiled for the 2016-2025 period. These figures place Romania broadly in the middle of the 21 European markets included in the analysis, close to Germany, Slovakia and Czechia, while significantly ahead of Hungary, Spain and Portugal in terms of housing deliveries relative to population.

Romania recorded 32.9 completed homes/1,000 inhabitants during the analyzed decade. This compares with 33.6 in Germany, 34.4 in Slovakia and 31.5 in Czechia.

Residential construction intensity was considerably higher in markets such as Poland, with 55.2 homes/1,000 inhabitants, France (52.8), Finland (62.8) and the Netherlands (39).

At the other end of the spectrum, the indicator stood at 26.2 in Bulgaria, 23.9 in the United Kingdom, 18.2 in Hungary, 16.4 in Spain and 15.7 in Portugal.

In absolute terms, 636,310 homes were completed in Romania between 2016 and 2025 according to the National Institute of Statistics. Annual deliveries increased from 52,200 units in 2016 to a peak of 73,300 units in 2022. Subsequently, the market entered a downward phase, with completions falling to 71,000 homes in 2023, 61,000 in 2024 and 59,000 in 2025.

Consequently, the 2025 volume was ~19.5% below the 2022 peak, but still 13% above the 2016 level.

The differences between Romania's main cities (those with a population exceeding 100,000 inhabitants) are even more pronounced. Bucharest was by far the country's largest residential market in absolute terms, with 93,850 homes completed between 2016 and 2025, compared with 25,200 in Cluj-Napoca and 22,300 in Brasov.

However, a different picture emerges when deliveries are connected to the population size. Brasov leads the major cities included in the analysis, with 94 completed homes/1,000 inhabitants during the decade, followed by Cluj-Napoca with 88. Sibiu recorded 61.8 homes/1,000 inhabitants, Oradea 58.1, while Bucharest reached 52.5. Timisoara came close to the capital city, with 50.1 homes/1,000 inhabitants.

Below these levels were Constanta, at 43.2 homes/1,000 inhabitants, Iasi (38.8), Targu Mures (36.1) and Craiova at 32.2. At the lower end of the ranking, Ploiesti recorded just 8.1 completed homes/1,000 inhabitants, Braila 10.2, Baia Mare 11 and Buzau 11.5 during the analyzed period.

The data therefore points to a highly polarized residential development landscape, in which the size of a city does not necessarily translate into a proportionally larger new housing supply.

The recent figures also suggest that Romania has moved beyond the exceptionally strong residential delivery cycle recorded at the beginning of this decade. Following the peak of 73,300 completed homes in 2022, national deliveries decreased by 3.2% in 2023, by a further 14.1% in 2024 and by 3.1% in 2025.

The slowdown is visible in most of the country's major residential markets. Bucharest delivered 9,361 homes in 2025, compared with a decade-high 13,834 units in 2023, representing a decline of ~32% from that peak. Despite the correction, Bucharest's 2025 volume remained approximately 144% above the 3,838 homes completed in 2016.

The adjustment has been considerably sharper in some regional centers. Cluj-Napoca recorded 957 completions in 2025, compared with 4,175 at its 2019 peak, while Brasov delivered 1,283 homes versus a peak of 3,098 in 2020. Timisoara reached 793 completions in 2025, compared with 1,787 in 2021, and Iasi recorded 780, versus 1,908 in 2019.

Vlad Saftoiu, Head of Research Cushman & Wakefield Echinox: “The evolution of the past decade confirms that the country’s major urban centers have become key drivers of residential development, with the capacity to support a consistent pipeline of new projects. Although deliveries have moderated since the peak of 2022, this trend reflects a market adjustment rather than a structural decline, as demand and economic growth continue to provide opportunities across the residential sector. At the same time, the analysis highlights an increasingly polarized landscape, in which the intensity of residential development varies considerably between cities and is not necessarily proportional to their size. The market is thus entering a more selective phase, in which location, accessibility, infrastructure and the adaptation of residential products to buyers’ profiles and purchasing power will become decisive factors for the performance of new projects. In an environment where developers are adopting a more cautious approach, we believe that well-positioned units in markets with solid economic fundamentals, aligned with buyers’ needs and affordability, will continue to have favorable prospects.”

Cushman & Wakefield Echinox is the exclusive affiliate of Cushman & Wakefield in Romania, an independently owned and operated company. With a team of more than 80 professionals, the company provides a full range of real estate consultancy services to investors, developers, owners and occupiers. For more information, please visit www.cwechinox.com. 

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 60 countries and across more than 350 offices. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital Markets, Valuation and others. For additional information, visit www.cushmanwakefield.com. 

Romania ranks fourth in the top European countries with the cheapest housing, after Turkey, Serbia and Albania, with an average price of EUR 1,917/sqm in 2025, up 14.4% from the previous year, the highest increase among the countries analyzed, according to Deloitte Property Index 2026, conducted in the main cities in 25 countries (out of which 20 in the European Union). Luxembourg is the most expensive country, with an average of EUR 9,160/sqm in 2025, up 4.6% from the previous year.

Overall, 19 of the 22 countries for which national-level data is available recorded increases in average housing prices, with the strongest growth observed in Romania (+14.4%), Croatia (+14.3%), Slovakia (+12.5%) and Hungary (+10.9%), while notable decreases were recorded in Turkey (-9%) and Serbia (-2.5%).

Among the EU member countries analyzed in the study, high prices are also recorded in the Czech Republic (EUR 5,412/sqm), Germany (EUR 5,200/sqm), Austria (EUR 5,199/sqm) and the Netherlands (EUR 5,186/sqm), while prices below EUR 2,000/sqm are recorded in Turkey (EUR 864/sqm), Serbia (EUR 1,706/sqm), Albania (EUR 1,720/sqm), Romania (EUR 1,917/sqm) and Greece (EUR 1,931/sqm), noting that no national average data is available for Denmark, Bulgaria and Ireland.

“The results of this year’s study highlight a fragmented European residential market, with differences between national markets reflecting the importance of local factors, including housing policies, demographic trends, supply constraints and broader macroeconomic conditions. In Romania, price growth was driven mainly by housing supply constraints resulting from permitting bottlenecks, regulatory restrictions (including the legislative amendments limiting the destination of advance payments collected from future buyers) and rising development costs,” said Irina Dimitriu, Partner at Reff & Associates | Deloitte Legal and Real Estate Industry Leader at Deloitte Romania.

This year, Munich overtook Luxembourg to rank first among European cities, with an average price of EUR 11,200/sqm, although last year’s leader also remains above EUR 10,000/sqm, at EUR 10,567/sqm. Amsterdam (EUR 8,650/sqm) and Barcelona (EUR 8,037/sqm) follow in the ranking. The strongest increases were recorded in Durres (Albania) and Belgrade (Serbia), where average residential property prices rose by 24% and 20%, respectively, year-on-year, while significant increases were also recorded in Bratislava (+17.2%), Budapest (+11.1%) and Copenhagen (+10.6%).

In Romania, the highest prices are recorded in Cluj-Napoca, at EUR 3,137/sqm (up 13.2% from the previous year), followed by Brasov (EUR 2,156/sqm, +13.6%), while Bucharest ranks third, at EUR 2,026/sqm (+15.3%). This places Romania among the European countries where the most expensive city is not the capital, alongside Germany, where Munich ranks first for the most expensive housing, Italy with Milan and Spain with Barcelona.

In the rental market, Luxembourg City ranks first, with an average monthly rent of EUR 45.4/sqm, up from the previous year. Paris ranks second, with an average rent of EUR 31.2/sqm, followed by Barcelona (EUR 30.9/sqm) and Dublin (EUR 30.8/sqm). Another four cities recorded rents above EUR 25/sqm: Oslo (EUR 28.9/sqm), Amsterdam (EUR 28.7/sqm), Madrid (EUR 28.5/sqm) and Copenhagen (EUR 25.5/sqm). Among the cities in the EU countries analyzed, the cheapest in terms of rent are Plovdiv, Varna and Sofia in Bulgaria, ranging from EUR 6.6/sqm to EUR 8.7/sqm, and Patra and Thessaloniki in Greece, at EUR 7.6/sqm and EUR 9.2/sqm, respectively. In Romania, the highest rents are recorded in Bucharest (EUR 11.2/sqm, up from the previous year), followed by Cluj-Napoca (EUR 10.3/sqm, unchanged) and Brasov, where tenants pay an average of EUR 9.3/sqm per month (slightly above the 2024 level).

“From a transaction perspective, 2025 was an atypical year, with more intense activity in the first part of the year, before the revised VAT rate for new housing came into effect, and a sharp decline in the final three months, when housing sales fell by 10% compared with the same period in 2024. However, despite the decrease in transaction volumes, the average price per square meter continued to rise throughout the period analyzed. This trend could continue, albeit at a more moderate pace, as supply remains limited in large cities,” said Marius Vasilescu, Advisory Partner, Deloitte Romania.

The 15th edition of the Deloitte Property Index study analyzes the evolution of the residential real estate market in 25 countries and 71 cities in 2025. All prices included in the analysis are converted in euro to ensure comparable results.

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. The firm’s professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 180-plus year history, Deloitte spans more than 150 countries and territories. Its objective is to make an impact that matters through its over 470,000 people worldwide.

Deloitte Romania is one of the leading professional services organizations in the country providing, in cooperation with Reff & Associates | Deloitte Legal, services in audit, tax, legal, consulting, financial advisory, risk advisory, business processes as well as technology services and other related services, through 3,300 professionals.

Please see Deloitte.ro to learn more about the global network of member firms.

The AI boom has become a powerful driver of global trade – outweighing tariffs and geopolitical shocks, according to the latest DHL Globalization Tracker  

• The trade outlook has improved, with growth through 2029 now forecast to outpace the previous decade
• East Asia & Pacific led trade growth during the first five months of 2026, followed by Europe and Sub-Saharan Africa  
• U.S.–China ties declined significantly, but U.S. allies are not following the same path
• Globalization has reached a record level of 25.8% 

The global race to build infrastructure for artificial intelligence is giving world trade strong momentum at a time of higher tariffs and geopolitical conflicts.  This is one of the key findings of the latest edition of the DHL Globalization Tracker, released today by DHL and New York University’s Stern School of Business. Based on more than 30 million data points, the report analyzes international flows of trade, capital, information, and people. It offers the most comprehensive view of globalization available. 

This edition marks the report’s first publication under its new name. It was previously known as the “DHL Global Connectedness Tracker”. AI buildout boosts global trade  The report shows that global goods trade grew faster in the first half of 2026 than in any half-year in the past 15 years, apart from the exceptional Covid rebound. A major driver was strong demand for goods used to build AI infrastructure, such as semiconductors and data-transmission equipment. Trade in AI-enabling goods drove 42% of goods trade growth in 2025, and this share rose to 76% during the first quarter of 2026, according to WTO and OECD analysis.  “The biggest story in global trade right now is AI – not tariffs,” said John Pearson, CEO of DHL Express. “Every AI query ultimately depends on logistics. 

Chips, networking equipment and the many other goods behind this technology must be in the right place at the right time. DHL connects the businesses and markets behind these complex supply chains. Whenever innovation creates new trade flows, our global network helps keep them moving.” Page 1 of 7 DHL Group Charles-de-Gaulle-Str. 20 53113 Bonn  Germany Phone +49 228 182-9944 Fax +49 228 182-9880 group.dhl.com Email  pressestelle@dhl.com Press release Global effects of Iran war and tariffs remain limited At the same time, the Iran war and the closure of the Strait of Hormuz disrupted important trade routes. But the effects remained concentrated. Economies dependent on the Strait were hit particularly hard. For example, the value of trade fell 37% in Saudi Arabia and 7% in the United Arab Emirates in the first five months of 2026 compared with the same period in 2025. Trade policy created a separate headwind. U.S. tariffs reached their highest levels in decades, but their global impact was limited. One reason is that the U.S. accounted for only 13% of world imports in recent years, with roughly half of those imports exempt from the tariff increases as of August 2026. 

Another is that most countries refrained from broad retaliation. Many instead increased efforts to secure access to alternative markets through new trade agreements. Trade outlook upgraded despite recent shocks Looking ahead, global goods trade is projected to expand by an average of 3.4% per year through 2029. That would be substantially faster than the 2.7% rate recorded over the previous decade.  “The surprise is not only that global trade kept growing through new tariffs and the Iran war,” said Prof. Steven A. Altman, Director of the DHL Initiative on Globalization at NYU Stern’s Center for the Future of Management. “The outlook is now stronger than it was before either shock. This reminds us to look beyond the most visible disruptions and recognize the deeper reasons why trade remains so resilient. 

The AI trade boom highlights the demand for goods and services that can only be provided efficiently when specialized producers work together across countries. It also shows how companies continually adapt to keep trade moving through disruptions and policy shifts.” East Asia and the Pacific records strongest trade growth Among all regions, East Asia and the Pacific recorded the strongest trade growth. The value of its trade rose 24% in the first five months of 2026 compared with the same period in 2025. Europe followed with 12% and Sub-Saharan Africa with 11%.  East Asia and the Pacific not only recorded the strongest growth, but also saw a larger share of its trade stay within the region. This share increased from 57% in 2025 to 60% in the first five months of 2026. Strong Asian supply chains serving the AI boom contributed to this increase. Page 2 of 7 Press release Sharp U.S.–China decoupling, but no global split One of the most significant changes in international flows is the weakening of U.S.–China ties. Yet the global impact remains surprisingly small. For example, trade between the U.S. and China accounted for 3.5% of world trade at its peak in 2015, before falling to only 1.6% during the first five months of 2026. The U.S.–China share of international business investment is even smaller – less than 1%. Meanwhile, close U.S. allies have largely maintained their relationships with China. 

These findings challenge the idea that U.S.–China decoupling is dividing the world economy into rival blocs. A closer look also shows that direct trade figures understate U.S. reliance on China. Goods imported into the U.S. from other countries contain growing amounts of Chinese materials and components. When these indirect imports are also taken into account, U.S. reliance on China has declined only slightly through 2024, the latest year for which data are available. Globalization reaches a new record Beyond trade and investment patterns, the report tracks the broader development of globalization based on international flows of trade, capital, information and people. It uses a scale from 0% (no crossborder flows) to 100% (borders and distance have no impact). In 2025, globalization reached a record level of 25.8%, supported in part by AI-related trade and investment. 

All four flow categories contributed to the new record, reaching higher levels of internationalization. Information flows remain the most globalized, followed by capital and trade flows. People flows remain the least globalized.  The DHL Globalization Tracker The DHL Globalization Tracker is a concise report and interactive website that provides regular updates on globalization and global trade. It complements the renowned DHL Globalization Report, published regularly since 2011. Drawn from over 25 public, private, and academic sources, the Tracker analyzes more than 30 million data points on international flows of trade, capital, information, and people.  It includes interactive online charts that make it easy for users to explore trends by region, geopolitical alignment, and for individual countries. It also supports easy data and chart downloads for offline use.  Page 3 of 7 Press release The DHL Globalization Tracker is commissioned by DHL and authored by Prof. Steven A. Altman and Caroline R. Bastian of New York University Stern School of Business. 

It is available, together with further resources, at dhl.com/globalization. Note: The DHL Globalization Tracker and DHL Globalization Report were formerly known as the “DHL Global Connectedness Tracker” and “DHL Global Connectedness Report”. Their new names more directly reflect the focus of the research. The scope and underlying approach remain unchanged, ensuring continuity with previous editions.  
 

Deloitte Romania assisted OMV Petrom, the largest integrated energy producer in South-Eastern Europe, in the development and implementation of two strategic projects financed through the National Recovery and Resilience Plan (NRRP), which will contribute to the development of a 55 MW green hydrogen production capacity at the Petrobrazi refinery.

The projects aim to develop one of the most important renewable hydrogen production capacities in Romania, which will be used in the production of sustainable fuels such as aviation fuel (SAF) and hydrotreated vegetable oil (HVO). By integrating these technologies, the investments will contribute to the production of alternative fuels with lower emissions compared to conventional fuels and to the strengthening of the "green" economy value chain in order to accelerate the energy transition.

Throughout the entire process, the Deloitte Romania team provided integrated assistance on non-reimbursable funding, covering the preparation and submission of applications, integrated support during the evaluation and contracting process, as well as multidisciplinary advisory services in the implementation phase and the management of awarding procedures and contracts, in order to address the complex requirements of these landmark investments. The Deloitte Romania team involved in the projects consisted of Alexandru Reff and Ovidiu Popescu, as Partners, Livia Kicsi and Adrian Coman, Senior Managers, Adriana Holdon, Manager, and Liliana Stan, Consultant.

"The completion of the green hydrogen projects at Petrobrazi demonstrates that European financing can generate value-added investments in this sector and in the economy, if the investment vision is complemented by the co-financing and implementation capacity. I congratulate OMV Petrom on this landmark success in the national and regional energy landscape, which I expect will inspire other players to contribute to achieving the transition objectives and transforming the energy system through clean and economically viable technologies," said Ovidiu Popescu, Partner, Deloitte Romania, and Energy and Sustainability Practices Leader, Deloitte SEE.

The two green hydrogen projects, with an estimated annual output of around 8,000 tonnes, will support the production of sustainable SAF and HVO fuels, made from vegetable oils and waste oils. These fuels can reduce CO₂ emissions by at least 65% over their entire life cycle and are compatible with the existing infrastructure.

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. The firm’s professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 180-plus year history, Deloitte spans more than 150 countries and territories. Its objective is to make an impact that matters through its over 470,000 people worldwide.

Deloitte Romania is one of the leading professional services organizations in the country providing, in cooperation with Reff & Associates | Deloitte Legal, services in audit, tax, legal, consulting, financial advisory, risk advisory, business processes as well as technology services and other related services, through 3,300 professionals.

Please see Deloitte.ro to learn more about the global network of member firms.

Bucharest, October 5, 2026 – Private equity investors in Central Europe maintain their confidence in the region's outlook, despite the difficult context, and the confidence index remains stable, pointing to continued optimism in the coming months, according to the latest edition of the Deloitte Central Europe Private Equity Confidence Survey. More than a third of respondents (36%) expect an increase in transactional activity, while 56% expect it to remain at the current level and only 8% anticipate a reduction.

The economic backdrop is perceived as stable by the majority of the participants in the study, with 74% not expecting changes, 18% expecting conditions to improve, and 8% predicting a deterioration. The results indicate the resilience of the regional market, especially as they were recorded amid geopolitical tensions in the Middle East and the disruptions generated in the Strait of Hormuz, which continue to influence the global economy and the degree of investor optimism.

Expectations around financing also points to stability, with more than two-thirds of respondents (70%) expecting the current level of liquidity to be maintained, while a fifth expect access to finance to improve in the rest of the year and only a tenth anticipate a contraction.

"The private equity industry in Central Europe has repeatedly demonstrated its ability to adapt, and the experience gained over more than three decades of developing companies in different economic contexts has contributed to creating an increasingly resilient and internationally connected market. Romania follows this regional trend and is becoming an increasingly relevant destination for long-term invested capital. In 2025, the value of private equity and venture capital investments made in the local market increased more than fourfold compared to the previous year, to 433.6 million euros, and the value of exits reached a record level of 662.4 million euros. These developments confirm both investors' interest in Romanian companies with growth potential, as well as the role of private capital in their development and internationalization," said Radu Dumitrescu, Advisory Partner-in-Charge, Deloitte Romania.

The study also analyses how artificial intelligence is used in the investment process. Although AI adoption is advancing in Central Europe, the technology remains insufficiently leveraged to identify future investment targets. Only 18% of respondents consider AI to be very useful in this process, 54% attribute moderate utility to it, and 28% consider it to provide limited support.

As AI adoption expands, investors who have passed the experimentation stage will begin to measure more rigorously the impact of the technology and the return on investments made in this area, the study shows.

The Deloitte Central Europe Private Equity Confidence Survey has mirrored the private equity market evolution since 2003, twice per year.

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. The firm’s professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 180-plus year history, Deloitte spans more than 150 countries and territories. Its objective is to make an impact that matters through its over 470,000 people worldwide.

Deloitte Romania is one of the leading professional services organizations in the country providing, in cooperation with Reff & Associates | Deloitte Legal, services in audit, tax, legal, consulting, financial advisory, risk advisory, business processes as well as technology services and other related services, through 3,300 professionals.

Please see Deloitte.ro to learn more about the global network of member firms.

Bucharest, 5 October 2026 – Wolf Theiss advised Nordic Tyre Group, a leading independent tyre distributor across the Nordic and Baltic markets, on its acquisition of 100% of the shares in Dinamic92 Distribution S.R.L., a Romanian wholesaler and distributor headquartered in Piatra Neamț. The transaction, which closed on 30 September 2026, marks the group's entry into the Romanian market and represents its first acquisition since becoming part of Axcel’s portfolio in 2025.

Wolf Theiss advised Nordic Tyre Group on the Romanian law aspects of the transaction, including assistance with due diligence, transaction structuring and the transfer of the entire share capital of Dinamic92 Distribution S.R.L. as well as coordination with the client and other advisors involved in the transaction.

The Wolf Theiss team was led by Partner Ileana Glodeanu, supported by Senior Associate Delia Dumitrescu and Associates Vlad Catană and Laurenţiu Bolborici (all Corporate/M&A). The team further included Counsel Flavius Florea (Data Protection, IP & TMT), Partner Anca Jurcovan, Senior Associate Maria Popescu (both Competition & FDI), Partner Adelina Iftime-Blăgean, Counsel Andreea Stan (both Employment), Senior Associate Smaranda Văcaru (Banking & Finance), Counsel Dana Toma, Senior Associate Antonia Nica and Associate Sorana Grosu (all Real Estate & Construction) and Senior Associate Bogdan Lamatic (Litigation).

“Nordic Tyre Group’s entry into Romania with Dinamic92 represents a strategic expansion into Eastern Europe and marks the next growth chapter for the group. We appreciate the support of the Wolf Theiss throughout the signing and closing of our acquisition in Romania. Ileana and the entire team understood our objectives and helped bring the transaction to a successful close." – Patrick Bergander, CEO, Nordic Tyre Group

“It was a pleasure to support Nordic Tyre on this transaction and its entry into the Romanian market. We would like to thank all parties involved for their collaboration throughout the process, we are very happy to have contributed to the successful completion of this acquisition.” – Ileana Glodeanu, M&A Partner, Wolf Theiss

Nordic Tyre Group is one of the leading independent tyre wholesale and distribution platforms in Europe, operating across the Nordics and Baltics, with annual revenue of approximately EUR 400 million. The group is backed by Nordic private equity firm Axcel and combines a strong supplier network, extensive logistics setup, and a unique, proprietary software platform to provide the broadest and most reliable tyre offering to its customers.

Dinamic92 Distribution is the leading independent tyre wholesaler in Romania. Founded in 1992 by the Tofan family in Piatra Neamt, the company has grown over more than three decades into a trusted partner for tyre retailers and workshops across the country. Dinamic92 serves a wide range of customers, from independent workshops to national tyre retailers, through locations in Piatra Neamţ, Cluj-Napoca, Constanţa, Timişoara and Bucharest, with an annual distribution volume of approximately 700,000 tyres.

About Wolf Theiss

Founded in 1957, Wolf Theiss is one of the leading law firms in Central, Eastern and South-Eastern Europe (CEE/SEE). We have built our reputation on unrivalled local knowledge which is supported by strong international capabilities. With 400+ lawyers in 13 countries and a central European hub in Brussels, over 80% of the firm's work involves cross-border representation of international clients.

Austria, Albania, Bosnia and Herzegovina, Brussels, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

Rohlig SUUS Logistics is strengthening its position in the Warmian-Masurian region. Poland’s largest logistics operator has increased its warehouse space in Olsztyn by more than 30%. The company has also launched an approved place for customs clearance and plans to open a customs warehouse. The expansion of the branch will improve the efficiency of handling and distribution operations in the region while further strengthening support for international supply chains.

SUUS’s Olsztyn branch, located at 17M Towarowa Street, is a logistics hub combining cross-dock terminal and warehousing functions. The operator provides comprehensive logistics services, including cargo handling, local distribution and value-added last-mile services such as in-home delivery and installation. It handles full-truckload, partial-load and less-than-truckload shipments (FTL, PTL and LTL) both domestically and internationally. The branch also offers warehousing and additional services, including co-packing. Following the acquisition of additional space in an adjacent section of the building, the branch’s total area has increased to approximately 2,300 sqm.

More opportunities for companies operating internationally

SUUS is also expanding its customs services in Olsztyn. An approved place for customs clearance has been established within the warehouse, and the branch also operates its own customs agency.

"Companies operating in the Warmian-Masurian region are increasingly expanding into international markets – importing components for production or selling finished products abroad. This is driving growing demand for customs services, which is why we are expanding our offering in Olsztyn in this area. We have launched an approved place for customs clearance, allowing customs procedures to be carried out directly at the warehouse, without the need to transport goods to a customs office. The next step will be to open a customs warehouse, which will allow customs duties and taxes to be deferred until the goods are released from the warehouse. Working with a single partner that manages the entire supply chain – from transportation and warehousing to customs clearance – means more efficient operations and lower costs,” explains Mirosław Kłósek, Customs Product Director at Rohlig SUUS Logistics.

"The development of our Olsztyn branch responds to the growing needs of our customers and enables us to further strengthen SUUS’s position in the Warmian-Masurian region. The approved place for customs clearance is an important step towards more efficient handling of international supply chains. At the same time, the increased warehouse space and larger number of loading docks allow us to handle warehousing, cross-docking and distribution operations more efficiently. This is particularly important as we are seeing strong demand for last-mile delivery of furniture and home appliances, including in-home delivery and installation, to holiday homes, which are numerous in our region,” says Adrian Wieliczko, Branch Manager at Rohlig SUUS Logistics in Olsztyn. “Another important advantage of the region is its proximity to the rapidly developing ports in Pomerania. This means that it can serve as a logistics hinterland for handling sea containers and storing goods prior to their further distribution,” he adds.

The branch’s development has also resulted in a 50% increase in office space. The modern offices have been designed in line with the Office of the Future standard, providing employees with a comfortable working environment. As the business continues to grow, the company plans to further expand its workforce. The facility also features a dedicated rest area for drivers waiting for loading or unloading.

Bucharest, October 2026: Cushman & Wakefield Echinox announces the promotion of Claudia Scarlat to Deputy Head of Valuation and the expansion of Bogdan Sergentu’s responsibilities, as he takes on the role of Head of Valuation, Data & AI Strategy. The two appointments strengthen the management structure of the Valuation department while also supporting the development of a strategic direction focused on the use of data and artificial intelligence across the company.

The Valuation practice is one of Cushman & Wakefield Echinox’s established professional services lines, providing valuation and advisory services across the main real estate asset classes.

In 2025, the team valued properties with a total leasable area of approximately 7.8 million sq. m and a cumulative value exceeding €7.7 billion. By number of assignments, 50% of valuations were carried out for bank financing purposes, followed by financial reporting (25%) and taxation (15%).

Claudia Scarlat takes on her new role after nearly 20 years with the company, during which she has gained extensive experience in valuation and made a significant contribution to the development of the department. Over the years, she has been involved in numerous projects and has built strong relationships with both clients and colleagues.

As Deputy Head of Valuation, Claudia Scarlat will gradually take on some of the department’s management responsibilities and will continue to work closely with Bogdan Sergentu and the entire team.

Claudia Scarlat, Deputy Head of Valuation, Cushman & Wakefield Echinox: “This new responsibility represents a natural continuation of the professional journey I have built alongside the Valuation team. We have grown together, navigated different market cycles and built strong relationships with our clients. In my new role, I aim to contribute further to the coordination and development of the team while maintaining the same rigour and close relationships with our clients that have guided us so far.”

At the same time, Bogdan Sergentu, one of Cushman & Wakefield Echinox’s longest-standing partners, is expanding his responsibilities as Head of Valuation, Data & AI Strategy, taking the lead on an area considered strategic to the company’s development in the coming years.

In his new role, Bogdan Sergentu will oversee the company’s strategy regarding data and the integration of artificial intelligence, with a focus on both leveraging the information available across the organization and incorporating these technologies into day-to-day operations. At the same time, he will remain actively involved in the Valuation practice, particularly in complex projects and relationships with strategic clients.

Claudia Scarlat’s gradual assumption of some of the department’s management responsibilities will enable Bogdan Sergentu to dedicate more time to developing this new strategic direction, while continuing to contribute his experience and expertise to the Valuation practice.

Bogdan Sergentu, Head of Valuation, Data & AI Strategy, Cushman & Wakefield Echinox:
“I have had the opportunity to see both the company and the market evolve significantly over the years, and technology is now opening a new chapter in the way we work and advise our clients. Data & AI is a strategic priority for us, not merely a technological one. Our objective is to use data and new tools more intelligently to support our teams and generate more relevant insights for our clients, while keeping professional expertise at the core of the decision-making process.”

Through these two appointments, Cushman & Wakefield Echinox aims to ensure continuity and support the further development of its Valuation practice, building on the experience accumulated within the team, while also creating the framework for broader integration of data and artificial intelligence across the company.

Cushman & Wakefield Echinox is the exclusive affiliate of Cushman & Wakefield in Romania, an independently owned and operated company. With a team of more than 80 professionals, the company provides a full range of real estate consultancy services to investors, developers, owners and occupiers. For more information, please visit www.cwechinox.com. 

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 60 countries and across more than 350 offices. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital Markets, Valuation and others. For additional information, visit www.cushmanwakefield.com. 

Bucharest, October 1, 2026  The expansion of the role of Chief Financial Officers (CFOs) has accelerated in recent years, and now the CFOs are also involved in decisions regarding technology investments, artificial intelligence (AI) governance and long-term value creation, according to the Deloitte Finance Trends 2027: Shaping the Next Era of Enterprise Value study. More than half of the survey participants (54%) are involved in decisions on how to allocate AI and technology investments across the organization, while 48% coordinate initiatives on the trust, accuracy and transparency of AI systems, and another 48% are responsible for overseeing technology investments and controlling the associated costs. More than two-thirds of those who have taken on new responsibilities say that this expansion has taken place in the last three years, the study shows.

The top priority identified by study participants for fiscal year 2027 is integrating artificial intelligence and advanced technologies for operations automation (43%), followed by increasing cost efficiency across the organization (34%), optimizing capital allocation and investment decisions (33%), and strengthening the strategic influence of the finance function across the organization (32%). As a result, amid accelerating digital transformation and an increasingly complex economic and geopolitical context, finance leaders have become a bridge between strategy, investments, risk, and organizational performance, the study shows.

"The results of the study confirm a trend that we have also observed in Romania in recent years: finance leaders have taken on responsibilities that go beyond the traditional sphere of the finance function in a short period of time, from prioritizing investments and supporting organizational transformation to the adoption and governance of emerging technologies. As artificial intelligence becomes an essential component of business strategy, the finance function is becoming an essential partner for evaluating investments, managing risks and measuring the value generated for the organization. Consequently, the role of the CFO continues to broaden, and his success will depend on the ability to combine financial expertise with a solid understanding and use of technology, data and organizational transformation," said Zeno Caprariu, Audit Partner, Deloitte Romania, and Leader of the CFO Program in Romania.

As organizations operate in an environment marked by rapid market changes, accelerated technology evolution, and the need for real-time decisions, finance leaders believe the finance function needs to significantly improve its responsiveness, the study shows. Nearly half of respondents (48%) say finance departments need to deliver relevant data and insights to the business faster, 36% indicate the need to adapt more quickly to external market changes, and 34% emphasize the importance of quickly reallocating capital and resources to new strategic priorities.

To meet these requirements, organizations are investing in strengthening their data and technology infrastructure, with almost half of respondents (46%) planning to modernize core enterprise resource planning (ERP) platforms and integrate financial, operational and tax data. At the same time, 43% intend to transform the way the finance function works by reorganizing activities or collaborating with external partners, while almost a third (33%) aim to make more intensive use of dynamic forecasting, scenario planning and AI-generated information to inform decisions. Also, 29% of respondents intend to develop data analysis and AI skills within finance teams, to better leverage available information and transform automation into faster and more efficient business decisions.

The Deloitte Finance Trends 2027: Shaping the Next Era of Enterprise Value study was conducted globally among more than 1,400 finance leaders (CFOs or their deputies) in 26 countries, from companies with annual revenues of more than 1 billion dollars, from industries such as technology, financial services, energy, industrial products, consumer goods and healthcare.

Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. The firm’s professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 180-plus year history, Deloitte spans more than 150 countries and territories. Its objective is to make an impact that matters through its over 470,000 people worldwide.

Deloitte Romania is one of the leading professional services organizations in the country providing, in cooperation with Reff & Associates | Deloitte Legal, services in audit, tax, legal, consulting, financial advisory, risk advisory, business processes as well as technology services and other related services, through 3,300 professionals.

Please see Deloitte.ro to learn more about the global network of member firms.