Latest news with #SDCImobiliare


Bloomberg
a day ago
- Business
- Bloomberg
Trump Organization Expands Balkan Connection With Romania Deal
The Trump Organization plans to expand to Romania, as President Donald Trump's family deepens its ties in the Balkans and pursues a lineup of new foreign deals. The company will partner with local real estate developer SDC Imobiliare on Trump Tower Bucharest, according to a statement dated Friday. Terms of the deal were not disclosed. The Romanian project would follow a plan by President Trump's son-in-law Jared Kushner to set up Trump Tower Belgrade in neighboring Serbia.


News18
a day ago
- Business
- News18
Trump Brand Enters Romania, Family's Firm To Develop Luxury Tower In Bucharest
Last Updated: The Trump Organization and Romania's SDC Imobiliare will develop Trump Tower Bucharest, a luxury apartment block. US President Donald Trump's family business, The Trump Organization, is in talks with Romanian real estate firm to construct a tower block with luxury apartments in Romania's capital city of Bucharest, the company said. According to The Trump Organization, the firm will team up with Romania's SDC Imobiliare to develop premium residences. 'Trump Tower Bucharest will be developed in the heart of Romania's capital, one of Europe's most vibrant and dynamic emerging markets, bringing premium residences under the Trump brand to the region," the companies said in a statement as reported by Reuters. However, the companies haven't spilled the beans about the he location or start date for work on the tower block, which is being branded as luxury residential apartments in Romania. Romania, a European Union and NATO member state, has found itself at the centre of a dispute between Europe and the Trump administration over democratic principles after the constitutional court in December cancelled an ongoing presidential vote due to suspicions of Russian meddling, denied by Moscow. The country re-ran its presidential ballot in May and centrist President Nicusor Dan won, with Trump later congratulating him on his victory. view comments First Published: July 12, 2025, 21:34 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


Hindustan Times
a day ago
- Business
- Hindustan Times
Trump organisation plans to build tower block in Romanian capital
The Trump Organization - U.S. President Donald Trump's family business - will team up with Romanian real estate developer SDC Imobiliare to build a tower block with luxury apartments in the capital Bucharest, the companies said. Trump Tower Bucharest will be developed in the heart of Romania's capital(Bloomberg) "Trump Tower Bucharest will be developed in the heart of Romania's capital, one of Europe's most vibrant and dynamic emerging markets, bringing premium residences under the Trump brand to the region," the companies said in a statement. They did not specify the location or start date for work on the tower block, which is being branded as luxury residential apartments in Romania, the region's second-biggest economy. Romania's economy stalled in the first quarter amid a drawn-out political crisis and worries about a potential downturn, underperforming most of its peers in central and eastern Europe. Romania, a European Union and NATO member state, has found itself at the centre of a dispute between Europe and the Trump administration over democratic principles after the constitutional court in December cancelled an ongoing presidential vote due to suspicions of Russian meddling, denied by Moscow. U.S. Vice President JD Vance has said Romania's decision to cancel the election in which a far-right, pro-Russian candidate was the frontrunner based on what he called "flimsy evidence" meant Bucharest did not share American values. The country re-ran its presidential ballot in May and centrist President Nicusor Dan won, with Trump later congratulating him on his victory.


The Advertiser
a day ago
- Business
- The Advertiser
Trump's family business to build tower block in Romania
The Trump Organization - US President Donald Trump's family business - will team up with Romanian real estate developer SDC Imobiliare to build a tower block with luxury apartments in the capital, Bucharest. "Trump Tower Bucharest will be developed in the heart of Romania's capital, one of Europe's most vibrant and dynamic emerging markets, bringing premium residences under the Trump brand to the region," the companies said in a statement on Saturday. They did not specify the location or start date for work on the tower block, which is being branded as luxury residential apartments in Romania, the region's second-biggest economy. Romania's economy stalled in the first quarter amid a drawn-out political crisis and worries about a potential downturn, underperforming most of its peers in central and eastern Europe. Romania, a European Union and NATO member state, has found itself at the centre of a dispute between Europe and the Trump administration over democratic principles after the constitutional court in December cancelled an ongoing presidential vote due to suspicions of Russian meddling, denied by Moscow. US Vice President JD Vance has said Romania's decision to cancel the election - in which a far-right, pro-Russian candidate was the frontrunner - based on what he called "flimsy evidence" meant Bucharest did not share American values. The country re-ran its presidential ballot in May and centrist President Nicusor Dan won, with Trump later congratulating him on his victory. The Trump Organization - US President Donald Trump's family business - will team up with Romanian real estate developer SDC Imobiliare to build a tower block with luxury apartments in the capital, Bucharest. "Trump Tower Bucharest will be developed in the heart of Romania's capital, one of Europe's most vibrant and dynamic emerging markets, bringing premium residences under the Trump brand to the region," the companies said in a statement on Saturday. They did not specify the location or start date for work on the tower block, which is being branded as luxury residential apartments in Romania, the region's second-biggest economy. Romania's economy stalled in the first quarter amid a drawn-out political crisis and worries about a potential downturn, underperforming most of its peers in central and eastern Europe. Romania, a European Union and NATO member state, has found itself at the centre of a dispute between Europe and the Trump administration over democratic principles after the constitutional court in December cancelled an ongoing presidential vote due to suspicions of Russian meddling, denied by Moscow. US Vice President JD Vance has said Romania's decision to cancel the election - in which a far-right, pro-Russian candidate was the frontrunner - based on what he called "flimsy evidence" meant Bucharest did not share American values. The country re-ran its presidential ballot in May and centrist President Nicusor Dan won, with Trump later congratulating him on his victory. The Trump Organization - US President Donald Trump's family business - will team up with Romanian real estate developer SDC Imobiliare to build a tower block with luxury apartments in the capital, Bucharest. "Trump Tower Bucharest will be developed in the heart of Romania's capital, one of Europe's most vibrant and dynamic emerging markets, bringing premium residences under the Trump brand to the region," the companies said in a statement on Saturday. They did not specify the location or start date for work on the tower block, which is being branded as luxury residential apartments in Romania, the region's second-biggest economy. Romania's economy stalled in the first quarter amid a drawn-out political crisis and worries about a potential downturn, underperforming most of its peers in central and eastern Europe. Romania, a European Union and NATO member state, has found itself at the centre of a dispute between Europe and the Trump administration over democratic principles after the constitutional court in December cancelled an ongoing presidential vote due to suspicions of Russian meddling, denied by Moscow. US Vice President JD Vance has said Romania's decision to cancel the election - in which a far-right, pro-Russian candidate was the frontrunner - based on what he called "flimsy evidence" meant Bucharest did not share American values. The country re-ran its presidential ballot in May and centrist President Nicusor Dan won, with Trump later congratulating him on his victory. The Trump Organization - US President Donald Trump's family business - will team up with Romanian real estate developer SDC Imobiliare to build a tower block with luxury apartments in the capital, Bucharest. "Trump Tower Bucharest will be developed in the heart of Romania's capital, one of Europe's most vibrant and dynamic emerging markets, bringing premium residences under the Trump brand to the region," the companies said in a statement on Saturday. They did not specify the location or start date for work on the tower block, which is being branded as luxury residential apartments in Romania, the region's second-biggest economy. Romania's economy stalled in the first quarter amid a drawn-out political crisis and worries about a potential downturn, underperforming most of its peers in central and eastern Europe. Romania, a European Union and NATO member state, has found itself at the centre of a dispute between Europe and the Trump administration over democratic principles after the constitutional court in December cancelled an ongoing presidential vote due to suspicions of Russian meddling, denied by Moscow. US Vice President JD Vance has said Romania's decision to cancel the election - in which a far-right, pro-Russian candidate was the frontrunner - based on what he called "flimsy evidence" meant Bucharest did not share American values. The country re-ran its presidential ballot in May and centrist President Nicusor Dan won, with Trump later congratulating him on his victory.


Indian Express
a day ago
- Business
- Indian Express
Trump Organisation plans to build tower block in Romanian capital
The Trump Organisation – US President Donald Trump's family business – will team up with Romanian real estate developer SDC Imobiliare to build a tower block with luxury apartments in the capital Bucharest, the companies said. 'Trump Tower Bucharest will be developed in the heart of Romania's capital, one of Europe's most vibrant and dynamic emerging markets, bringing premium residences under the Trump brand to the region,' the companies said in a statement. They did not specify the location or start date for work on the tower block, which is being branded as luxury residential apartments in Romania, the region's second-biggest economy. Romania's economy stalled in the first quarter amid a drawn-out political crisis and worries about a potential downturn, underperforming most of its peers in central and eastern Europe. Romania, a European Union and NATO member state, has found itself at the centre of a dispute between Europe and the Trump administration over democratic principles after the constitutional court in December cancelled an ongoing presidential vote due to suspicions of Russian meddling, denied by Moscow. US Vice President JD Vance has said Romania's decision to cancel the election in which a far-right, pro-Russian candidate was the frontrunner based on what he called 'flimsy evidence' meant Bucharest did not share American values. The country re-ran its presidential ballot in May and centrist President Nicusor Dan won, with Trump later congratulating him on his victory.