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The central bank decided to lower the key interest rate twice this year, in July, from 7% per annum to 6.75% per annum, and in August to 6.5% per annum.

During the shopping event with the biggest discounts of the year, 38% of customers who ordered on Black Friday had a Genius subscription with free shipping and exclusive offers.

Martin Polák, Managing Director of GARBE Industrial Real Estate Central Eastern Europe CEE leading GARBE expansion to Romania.

Revenue from the residential segment reached €164.2 million, a 7% YoY decrease reflecting the transition of many construction sites into their final stages.

45% of consumers globally are concerned about being able to pay for this festive season with half using loans or credit cards to fund their spending.

German developer Garbe Industrial Real Estate has set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments. 

This investment arrives at a crucial time as Romania aims to develop a recycling industry for waste electrical and electronic equipment, funded through the European Union's PNRR.

The deadline for submitting essays is 10 January 2025 and winners will be announced in February 2025.

The project brings energy cost savings of around €100 000 per year and over €2.5 million over the lifetime of the system.

In a significant step towards global tax fairness, both Romania and Türkiye have adopted these rules to create a level playing field for businesses in the market.

Freedom24 is the European subsidiary of the NASDAQ-listed Freedom Holding Corp, an international investment group with expertise in the USA, Europe and Central Asia.

The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade. 

Only half of the CEE countries saw an increase in turnover among the top 500 companies, revealing disparities in economic performance.

Tiplog, an entrepreneurial printing and logistics company founded in 2012, registered a turnover of €5.8 million in 2023, almost four times higher than in 2019 (€1.6 million).

Since 2004, the company has carried out over 12.5 million technical analyses, directly supporting the Petromidia Navodari and Vega Ploiesti refineries.

This ETF, expected to debut by year-end, will track the SBITOPtr index, the primary equity benchmark of the Ljubljana Stock Exchange, comprising nine Slovenian blue-chip stocks.

However, over 43% do not have savings set aside and are relying on their October salary or plan to take out a loan.

Almost 7 out of 10 Romanians have low self-esteem, and 66% do not trust other people, these being the main obstacles in people's personal development.

Four companies that sell furniture have rented sales spaces on the ground floor of office buildings in the northern area of Bucharest, the total area exceeding 10,000 sqm.

This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint.

Each initiative benefits from funding between RON 230,000 and almost RON 270,000 and the projects are planned to be completed throughout 2025.

Located in an exceptional setting within the Paradisul Verde neighbourhood of Corbeanca and with a capacity of over 1,500 seats the complex will evolve under the Zooma brand.

The 1,330 square meter office space will support HIKVISION's expansion and operational needs, marking an important step in the company's growth in the Romanian market.

Another important aspect for the organizations' success identified by the study is reimagining the work, workplace, and workforce in line with technology developments (67%).

This unit will transform 21,000 tons of manure annually into over 7,000 tons of organic fertilizer.

Starting November 4, 2024, DIGI enters the telecommunications market in Portugal with an advantageous, accessible, straightforward, and long-term stable offer.

As the adoption of hybrid working rapidly accelerates across Romania, the number of enquiries for space in International Workplace Group locations has risen sharply.

The transaction will be completed following the receipt of the necessary approvals from the Financial Supervisory Authority and the Romanian Competition Council.

Nearly half of the companies whose applications were admitted went directly into bankruptcy, with no chance of recovery.

The global trend indicates an exponential increase in energy demand for data centers, which is expected to double by 2026, according to the International Energy Agency (IEA).

Packeta offers an extensive network of over 167,000 pick-up points and more than 8,000 Z-BOX lockers for flexible and fast deliveries across Europe.

Customers who make a Genius annual subscription of RON 69 receive 6 eMag vouchers x RON 25 and a surprise voucher in Fashion Days.

he service is offered in partnership with TRANSFOND, the administrator and operator of the Automated Clearing House for Interbank Payments, and administered by the ARB.

Alpha Bank Romania will be merged into UniCredit Bank Romania, creating the third banking group by assets in the country.

Launched in June, the online lending feature allows existing clients to apply for personal loans or Bonus Cards 24/7, from anywhere in the world, using just a smartphone.

Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.

Square 7 Properties and Mitiska REIM have inaugurated Pitești Shopping Park, a new shopping center located in the northern area of Pitești, following an investment of €19 million.

The new contract was signed to further the digitalization efforts of Cluj County Council, a process initiated in 2020.

OVES Enterprise and Kongsberg Defence & Aerospace discuss a possible collaboration to integrate Nemesis AI into defense solutions.

In this mandate, Cushman & Wakefield Echinox is focused on creating the right mix of tenants, responding to the needs of the customers in the area.