East/North-East

Romania's East/North-East region (Suceava, Botoșani, Iași, Neamț, Bacău, Vaslui, Vrancea and Galați) is an emerging industrial and logistics market, catching up fast with the west and centre of the country. On the road side, the A7 motorway is the main economic catalyst, connecting the region quickly with Bucharest and, onwards on the A2, with the port of Constanța. In the medium term, the A8 motorway project will raise the area's connectivity significantly, linking the east of the country to Transylvania and the European network.

The Iași and Pașcani rail hubs carry freight along Pan-European Corridor IX. Galați adds a further advantage: its river-maritime port on the Danube.

Iași International Airport, recently modernised, together with the Bacău and Suceava airports, offers light air-cargo and express-courier options.

Pharma, textiles & apparel, and the wood processing industry drive occupier demand in East/North-East, a market of 0.25 million sqm where rents range from €4 to €4.5/sqm/month. (Source: Crosspoint Research, Romanian Real Estate Market H1 2026)

About the area

The area, at a glance

Romania's East and North-East serve the Moldavia market, with industrial hubs in Iași, Bacău, Suceava and Galați. The area combines access to labour with the logistics opening provided by the port of Galați and by the A7 and A8 corridors towards the rest of the country and the border. It is a developing market, with modern projects on the rise.

History

The region's industrial backbone was built around the Galați steelworks: decree in 1960, construction started in July of the same year, official inauguration in September 1966. Steel production began in July 1968, and at its 1972 peak the plant had over 40,000 employees; in 1988 it hit a maximum of 8.2 million tonnes a year. Privatisation came in November 2001, through the sale to LNM Holdings NV for 70 million dollars, followed by the transfer under Mittal Steel, then ArcelorMittal, and since 2019 the platform has been controlled by Liberty House Group. The logistics segment is more recent: in 2021 the region was classed as an emerging market, and in September 2025 Helios Phoenix bought 15 hectares in Miroslava, near Iași, for Olympian Park.

Amenities and access

CTPark Ploiești (Brazi) occupies 25.3 ha with 85,409 sqm built, certified BREEAM Outstanding with a score of 89.9%, with solar panels and water recycling; connected to the A3, DN72 and DN1, under an hour from Otopeni. Iași Industrial Park connects to the Moldavia-Transylvania corridor, the E583 road and a Regional Intermodal Transport Hub, 15 minutes from Iași Airport.

The A2 links Bucharest to Constanța, with logistics development still thin along the route
The A0 (the capital's ring road) and the A8 (Iași-Târgu Mureș, planned) redirect towards Ștefănești and the Iași-Bacău corridor
The A7, the Moldavia Motorway (Autostrada Moldovei, ~440 km), will link Ploiești to Siret, on the Ukrainian border
The Valu lui Traian rail modernisation is, over 58% complete, feeding the CFR extension towards Palas
Galați-Brăila (23 km) links the Danube to the Black Sea, with the Galați Free Zone and the DAMEN shipyard