Company Overview

Business Description

Sector
Real Estate
Industry
Real Estate
Headquarters
Bermuda BM
Employees
11
IPO date
Jun 11, 2007

RomReal Ltd is a real estate investment company with a focus on property projects in Romania. It buys, develops, leases, and sells commercial and residential properties, so its business is tied to owning land and buildings and improving them for rental income or resale. The company makes money from rent, property sales, and gains when it can add value through development or repositioning.

Its customers are mainly tenants, property buyers, and other real estate users in the markets where it holds assets. In simple terms, RomReal sits in the middle of the property value chain: it finds sites or buildings, works on them, and then earns income from keeping them as long-term assets or selling them when the timing makes sense. That makes its business different from a construction contractor, because RomReal is the owner and investor rather than just the builder.

For beginner investors, the key idea is that RomReal is a property owner and developer, not an industrial company or a software business. Its results depend on local real estate demand, rental income, occupancy, development execution, and the value of the land and buildings it holds. The company’s business model is driven by how well it can acquire, improve, and monetize property assets over time.

RomReal Ltd Investor Relations

Address
48 Par La Ville Road Suite 340
Hamilton
Bermuda

Business Segments

Real estate investment and development

RomReal buys, develops, leases, and sells property in Romania, with a focus on commercial real estate and land projects.

Customers and revenue model

Management

Mr. Kjetil Gronskag

Executive Chairman & CEO

Biography unavailable

Ms. Claudia Oprisan

Chief Accountant

Biography unavailable

Mr. Adrian Cristea

Chief Executive Officer of Westhouse Group

Biography unavailable

Mr. Andrei Popovici

Head of Development

Biography unavailable

Richard Hartley

Secretary

Biography unavailable

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