Nhood Romania records 10% turnover growth in 2024

Green Forum
Nhood Romania has recorded a turnover of more than €10 million in 2024, representing a 10% increase compared to the previous year.

The company also reported a 63% year-over-year growth in net profit, driven by a diversified portfolio and operational efficiency gains. During 2024, Nhood Romania expanded its services to include ESG consulting, entertainment and F&B advisory, franchising, and capital market services.

This year, the company aims for a 22% revenue growth, driven by new client acquisitions and the expansion of its service portfolio, with a heightened focus on ESG initiatives.

Nhood Romania manages a diverse range of projects, including the urban regeneration development Coresi in Brașov. 

“In 2024, Nhood Romania continued to expand its portfolio by diversifying the projects managed and increasing the number of clients outside the group's portfolio,” said Elena Bocan, Head of Market & Resources & Fund Investment at Nhood. 

The company has secured new mandates with clients such as Urbano Cluj, Lagardère, MADEX, and Spartan.

In Romania, Nhood manages 25 mandates for retail and office spaces (including leasing), a business park – Coresi Business Campus, a residential project – Coresi AvantGarden, and 23 retail locations nationwide, all Auchan shopping centers, including Coresi Shopping Resort.

RECOMMENDED
ING Bank Romania aims for net-zero in its own operations
Finance

ING Bank Romania aims for net-zero in its own operations

ING Bank Romania has invested €11 million in the past 11 years in environmental actions in Romania and €1.2 million were donated in 2022 alone for vulnerable groups' support, says Alexandra Maier, Sustainability Manager at ING Bank Romania.

RECOMMENDED FROM THE HOME PAGE
Cost remains main driver and biggest barrier in sustainability
Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.

Environment

Nearly 772 million liters of water are lost annually due to leakages

The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

READ MORE
Green Forum  |  20 October, 2025 at 6:38 PM
Green Forum  |  10 October, 2025 at 9:55 AM