Economy
Corporate insolvencies in Central & Eastern Europe increased in 2023
Nine countries experienced a higher number of insolvencies, and three countries recorded a decrease (Bulgaria, Croatia and Latvia).
At least 75% of world trade is conducted through indirect sales channels (partner networks) and 80% of executives consider them important for business.
Through PIES ("Simplified Execution Investment Portfolios"), investors can create a portfolio of stocks with customised weights.
Bulgaria, Romania and Serbia still have a long way to go in the deployment of charging stations required for the desired uptake of electric vehicles.
Aon România is organizing the event Agri Risk Management: National Conference on Agricultural Risk Management in partnership with CSR Nest.
The GIA virtual assistant is available on all devices and can respond to customer inquiries in two languages, Romanian and English.
The shareholders approved, among other items, the distribution of the second tranche of the dividends from 2023 profits.
Restart Energy has so far completed more than 120 PV projects, which have the capacity to produce 20.54 GW and with the help of which 13,209 kg of CO2 emissions have been avoided.
In the rest of the country, however, demand in the residential market has seen an even higher increase of 19%.
Developer STC Partners starts phase II of the residential compound Quartier Azuga, located near the Tei area in Bucharest, an investment of €15 million.
Signal Iduna brings even more flexibility to who have health insurance, simplifying both the classic reimbursement process
Schoenherr Romania successfully assisted Societatea Energetica Electrica in winning a long-term administrative contentious litigation case, with a stake worth €46 million.
Econergy has announced that its 92MW solar park in Parau, Romania, has started commercial operations.
The electric mobility company within the PPC group of companies in Romania adopts a new brand identity – PPC blue.
Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian market in the Distributed Generation segment.
MOL produces 1600 tonnes of green hydrogen per year using electricity from renewable sources.
New auto registrations saw a significant recovery in 2023 as Covid-induced supply-chain disruptions eased and pent-up demand released.
PPC group of companies in Romania has started its first image campaign, thus marking the transition to the new brand identity.
Nova Power & Gas salutes the successful conclusion of the IAEA Site Evaluation and External Events Design (SEED) Mission carried out by IAEA team of experts,
Half of the real estate companies in Central Europe (49%) estimate investment to increase this year and only 19% expect a decrease (down from 51% in 2023).
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
In Q1 2024, 92 apartments with a total surface of 10,618 sqm, 228 parking spaces and other unit types were sold and pre-sold.
Imoteca - The residential experts - announces a significant expansion of its portfolio in Romania and the launch of sales operations for the real estate market in Spain.
Today's employees are not looking for a simple job, but for a work environment that offers a complete experience and allows to combine work with recreation and relaxation.
One United Properties announces that CMS Romania, a top law firm and one of its tenants, has decided to extend on a long term its lease contract at One Tower.
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.
OTP Bank Romania announces the conclusion of a financing agreement with Nusco Imobiliara for the construction of 3 residential buildings.
A society without cash would not be beneficial for people, because it would lead to violations of individual autonomy and human rights.
The amount of loans granted by non-banking financial institutions (NBFIs) in Romania reached a record level of almost RON 50 billion in 2023, after an annual advance of 13,9%.
Signal Iduna Asigurare Reasigurare recorded a growth in gross written premiums of approximately 34% in 2023 compared to the same period of the previous year.
Straco Real Estate and Baltisse announce the successful acquisition of a majority stake in SPEEDWELL, a premier real estate developer based in Romania.
With these resources, ELEC will develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform.
The first significant news is the acquisition of CODA Intelligence, a Romanian startup specializing in cybersecurity solutions, by PDQ, with complementary products to CODA.
Ministers meeting in Luxembourg welcome the Action Plan presented by President Calviño to update the definition of dual-use projects and extend EIB credit lines.
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.
Four significant shareholders of One United Properties successfully sold 234,205,285 shares in the Company to local and international institutional investors.