Latest news

The startups in the Early Game Fund I portfolio reached annual revenues of 43 million euros and over 400 employees.

Made from 99% recycled plastic, the new card has been added to the bank's product portfolio and is accessible to a significant segment of premium clients.

The insurance market is highly responsive to stimuli from various stakeholders, including insurance companies, brokers, authorities, and consumers.

The year 2024 will mark three consecutive quarters without any new modern office completions, the longest period without deliveries since 2005.

The financial results reported at the end of September show total assets of €43.5 million, revenues of €10.6 million, and a net profit of €2.5 million.

Feed production amounted to 4,630 tons in Q3 2024, a 212% increase compared to the third quarter of 2023.

Hils Development, the real estate group owned by Romanian entrepreneur Ionuț Negoiță, has purchased two land plots spanning 12 ha in western Bucharest. 

Shoe retailer Deichmann has leased 20,000 sqm in the industrial project ELI Park Bucharest, in a move designed to consolidate its regional distribution operations.

TOKEN is the first payment institution authorized by the NBR to accept online payment operations and transactions at physical POS, following the PSD2 regulations.

More and more Casa Verde beneficiaries want to install photovoltaic systems to have zero energy consumption, not just to cover the minimum daily consumption.

The platform acquired by Agroland Agribusiness is located on a plot of land covering 8,257 square meters.

Considering the difficult context, Holde Agri Invest's medium-term priority is to stabilize its financial situation and consolidate the business.

he acquisition is expected to close in the next few months, subject to customary closing conditions and regulatory approvals.

Mitiska REIM has announced the opening of a new retail park in Pitești, the first of four new retail projects that the investor plans to open in Romania in the next two years. 

Lefties inaugurated its third store in Romania, on a generous 5,000 square meters area located on the Iulius Mall's upper floor.

Pledge, supported by InvestEU programme, marks first EIF-backed fund focused solely on social infrastructure in Central-Eastern Europe.

Phase IV, the final phase of the residential project, has obtained the urban planning certificate and is in the documentation preparation stage for obtaining the building permit.

In 2023, Romanian e-commerce of goods and services reached €10.6 billion, representing 3.32% of GDP.

AGISTA's investment in Dendrio Solutions generated an IRR of 22% and a return of 60% in two and a half years.

At the Extraordinary General Meeting, shareholders approved the consolidation of shares at a ratio of 50:1, meaning that for every 50 shares, shareholders will receive 1 share.

Join Property Forum's exclusive investment survey to voice your thoughts on the most pressing issues concerning the Romanian market. From inflation concerns to market expectations, your input will contribute to identifying trends, guiding decisions and shaping the course of Romania's investment journey. By sharing your perspectives, you not only contribute to shaping the future of the industry but also stand a chance to secure a free ticket to the highly anticipated SEE Property Forum & Awards Gala 2024 event.

Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.

Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.

Romania has a considerably higher rate of young people who make plans for their future (96%), among which 54% have well defined plans, compared to 40%, the European average.

InvestALIM results: out of a total of 37 companies - eight are projects successfully managed by the REI team.

foreign direct investments in construction and real estate transactions have more than tripled in absolute value, increasing by €14.4 billion euros during the 2013 - 2023 period.

Huge potential to shape Financial Controller role: 39% expect focus to shift to “value creation” but many not getting support needed to make this change.

At the global level, the survey shows that the possibility of a recession for the global economy is the top concern for retail investors (23%) closely followed by inflation (22%).

Under the partnership, the founders of Marty Restaurants will continue managing operations in their Cluj Napoca locations.

The offering will include up to 150,000 nominative, dematerialized, unsecured, and non-convertible bonds, with a nominal value of RON 100 per bond.

The new sales strategy is introduced alongside the launch of the Origin platform, a global solution that allows for complete digitalization of customer interactions.

The 2023-2024 agricultural season has been marked by extreme weather events, severely affecting farmers nationwide.

The partnership aims to bring new generative AI (gen AI) powered devices through Google's Gemini models to millions of Vodafone's customers across Europe and Africa.

The new apartments are ready to welcome their owners, who can already move in, the process of signing the sale-purchase contracts starting with October 1st.

43% of all impact companies are restructurable or in imminent insolvency, and they generate 33% of the total turnover of impact companies.

The hub's HQ is in Istanbul, while most innovations come from its Research and Development (R&D) office at Zafer Technopark in Usak.

Romania's residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data. 

RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026. 

Thanks to several top TV shows, chefs have begun to be viewed differently, and their professional challenges and work were understood and respected.

Relative to incomes, buyers are experiencing one of the most favorable periods in history to buy a home in Romania.