Latest news
Friday, 24 January, 2025
14:51
BAT is recognized as Top Employer in Romania
Globally, BAT is one of just 16 companies to receive Global Top Employer certification in 2025, for the 8th consecutive year.
14:48
Kiwi.com reveals Marrakech as emerging destination for Romanians
In 2024, Marrakech proved to be a perfect escape during the colder months, with December, February and March seeing the highest number of bookings from Romania.
14:46
Insurance Company Hellas Direct commits to Romania with €68 million investment
Hellas Direct has formed partnerships with over 170 brokers, covering 95% of the market, while constantly growing its Romania-based team of experts and claims service partners.
07:46
M Core buys Shopping City Suceava
M Core, the biggest owner of retail parks in Romania, has purchased Shopping City Suceava from Argo Capital, for an undisclosed sum.
Thursday, 23 January, 2025
18:19
Roca Industry names new CEO
Camelia Ene has been appointed CEO of Roca Industry, the first Romanian holding company of construction materials manufacturers. She is replacing Ionuț Bindea, who hold the roles of Chairman of the Board and Senior Investment Manager of Roca Investments.
16:20
Zacaria kicks off retail project in Cisnădie
Zacaria Group, specialized in the development of residential and industrial projects, has started the construction of its first retail project in Cisnădie.
12:07
Emerging markets climate fund created by EIB and Allianz reaches €450 million
Emerging Markets Climate Action Fund increases to €450 million with final contribution from Germany.
12:04
Investimental launches trading app Nova
The new application enables users to track specific companies and use predefined lists organized by industries and economic sectors.
11:50
Camelia Ene as new CEO of Roca Industry
Camelia Ene has 25 years of experience in multinational companies, with over 17 years in the energy sector, including 7 years as CEO of a top company in the field.
11:41
Cushman & Wakefield valuation department oversees properties of €8.5 billion
Most valuation reports were in relation to bank loan guarantees (60%), but the impact of this category in the total turnover was of only 33%, as it includes many small properties.
08:48
UE Furniture buys 200,000 sqm of land and buildings in Romania
Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar.
Wednesday, 22 January, 2025
15:53
What to expect from Romania's real estate sector in 2025?
Investments in the retail sector will continue in 2025 on the local market, while housing prices could increase in the coming period, according to Colliers Romania forecasting.
13:39
KÉSZ Group resi project in Bucharest reaches 27% sale rate
KÉSZ Group has announced that its Corallis residential complex in Bucharest has already sold homes amounting to around €11.5 million, which accounts for 27% of the whole residential stock in the project.
11:43
Electromontaj starts 2025 with a 10-year strategic partnership in the Netherlands
This strategic agreement is part of TenneT's efforts to modernize the Dutch energy infrastructure, with the aim of increasing the capacity of the electricity grid by at least 30%.
11:32
Total value of M&A transactions at $6.6 billion in 2024
The United States ranked first by country of origin for inbound transactions, continuing a six-year trend.
11:25
Top 10 predictions for Romanian real estate market in 2025
Colliers consultants forecast economic growth of just over 2% in 2025, but caution that there are significant risks we could result in a softer outcome.
11:19
Sales of RON 57.4 million in 2024 for Corallis Apartments
The most valuable apartment sold during this period is a four-room penthouse with a lake view and a rooftop terrace, sold for €530,000 plus VAT.
Tuesday, 21 January, 2025
12:35
Seven out of ten global leaders are increasing investment in Generative AI
The study shows that data-related issues have caused 55% of the organizations to avoid certain Generative AI use cases.
10:05
Value of cars listed on Autovit.ro passes €4.7 billion mark
2024 brought a 5% increase in new car registrations and re-registrations, while registrations of imported used cars rose 11%.
09:57
SAP Romania exceeds 1000 employees
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
09:50
Romania Eficienta completes new energy renovation project
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
09:06
Softeh, new tenant in Timpuri Noi Square offices
Softeh Plus will move its headquarters in Timpuri Noi Square starting this spring.
Monday, 20 January, 2025
12:39
Dulcinella Romania to open new factory in Targu Neamt
Focus in 2025 on expanding the network, a new factory in Târgu Neamț, team reorganization, new products, digitalization.
12:28
Garanti BBVA finances first 5-star hotel from Dambovita County
Peștera Wellness & Spa Hotel officially opened its doors to tourists in December, 2024, marking a significant milestone as the first 5-star accommodation in Dâmbovița County.
12:19
Blue Monday: Weather, fatigue and lack of money contribute to most depressing day
Five out of 10 Romanians have heard of Blue Monday, the third Monday in January and what specialists call the most depressing day of the year
12:12
Over 300,000 people save with BT Pay, Round Up option
The amount saved can be consulted in BT Pay and can be used at any time by transfer to your current account with Banca Transilvania.
12:03
Romanian taxes in 2025: between tax base expansion, digitalization and predictability
The 19th edition of the Annual Tax Conference organized by EY Romania brought together over 250 business representatives.
10:42
Over €2 billion grant funding in Q1 2025 for investments in start-ups
The authorities are preparing to launch more than 15 separate funding lines, with allocations ranging from €50,000 to more than €57M.
Friday, 17 January, 2025
14:34
World Bank downgrades forecasts for Romania's economy
Investment, especially in Poland and Romania, is expected to improve on the back of structural reforms and delayed EU funds.
14:29
UniCredit presents brand-new partnership with Ferrari
UniCredit multi-year partnership with Ferrari, the world-famous luxury brand, was first announced in September 2024.
14:26
Kiwi.com and Sunlight Air partners for boosting access to a rising destination
Romanian travelers have shown growing interest in the Philippines in 2024, with bookings rising by 12% compared to the previous year.
14:16
2024 top stocks: AI, crypto and energy stocks most popular with retail investors
Romanian investors are keeping Tesla in first place in the most-held stocks standings.
Thursday, 16 January, 2025
14:06
EBRD: Investment in Romania rose to €707 million last year
Private sector transactions included a €40 million risk-sharing agreement with Banca Transilvania for Omnia Europe SA.
14:01
Net average earnings rose to RON 5,388 in November 2024
Average gross earnings were RON 8,825 in November, RON 213 (+2.5%) higher than in the previous month.
13:28
NN is Top Employer for seventh consecutive year in Romania
The Top Employer 2025 certification reconfirms NN's position as a top employer in today's dynamic and competitive labour market in Romania.
11:28
American investment company buys Artrom Steel Tubes
GLGH Steel is now working to secure the support of the Romanian Government for this transaction, which would put the future development of Artrom on the right track.
01:00
Investors get more familiar with data centres and student housing
Victor Constantinescu, Managing Partner & Co-Head of firm-wide Real Estate at Kinstellar Romania, talked to Property Forum about the key deals of 2024 and shared his expectations for the year ahead.
Wednesday, 15 January, 2025
14:09
JT Grup Oil buys largest bunker tanker, Delta Oil
Turning this barge into a floating terminal is a major step for Romania in strengthening energy independence and expanding regional infrastructure.
13:59
Rafinor, first modernized refinery that transforms gold into secure investments
A €3 million investment in consultancy, production hall upgrade, high-performance equipment, and working capital positions Rafinor as a national leader in the field.
13:55
BASF Coatings and Koch International tests electric trucks for long-distance transport
Testing phase successfully completed with over 10,000 test kilometers.
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