Latest news

25 billion working hours lost annually due to inefficient collaboration at Fortune 500 companies.

Plans discussed with European Finance ministers in Luxembourg will broaden financing options and tools available to scale up European innovative companies and unicorns.

Selion Global Romania distinguishes itself by offering a range of leadership solutions that go beyond traditional executive search.

The first phase of First Estates Pipera, comprising 232 apartments, has already been sold in a proportion of over 95%. The delivery of the units to the buyers is in progress.

IRIDE is the first and one of the largest business parks in Bucharest, located in the Pipera area.

Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025. 

The 1,000-hotel milestone was achieved in 2024 with a spate of standout openings that included Mercure London Earls Court and Mercure Chandigarh Tribune Chowk.

The paint and varnish manufacturer EVOLOR, inaugurates a new high-performance production facility, on Oltchim industrial platform, following an investment of €3 million.

The company plans to invest €2.8 million in a new office building that can accommodate up to 100 people.

The platform, designed to enhance sustainability, operational efficiency, and responsible governance, was officially announced at a major business event in New York.

Targets are considered "science-based" if they align with the latest climate science findings, particularly in relation to the Paris Agreement's goals.

This evolution aligns with both regional and global trends, as European M&A deal values rose by around 30% during the same period, while global deal values increased by 16%.

Bogdan Papandopol, Partner and Head of Dentons' Global Real Estate Group in Bucharest, talked to Property Forum about the growing investments in green property projects and the reduction of lease terms in the commercial sector. 

Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub. 

Earlier this year, in May, Hesburger announced its entry on the Romanian market with the opening of its first restaurant in Râmnicu Vâlcea.

According to the report, the global economy reached a trough in the first half of 2024, with the outlook for the end of this year and 2025 indicating a modest rebound

The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).

The biggest problems that SMEs face in 2024 are inflation, unfair competition, and salary increases, according to the National Council of SMEs in Romania (CNIPMMR).

Additionally, in the first half of 2024, Metropolitan Life paid allowances amounting to a total value of RON 121.5 million, an increase of 36.72%.

62% of the consumers have purchased products after seeing advertisements in shopping malls.

Globally, nearly half of business leaders admit to facing difficulties in attracting top talent, with 44% reporting significant obstacles in their hiring processes.

Operational costs are expenses incurred by tenants, which are added to the rent and together compose the occupancy costs.

In recent years, companies have shown increasing interest in digitizing document management and incorporating electronic signatures into their workflows.

CTP has announced the expansion of its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 sqm at CTPark Cluj.

Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects. 

Year-over-year (YOY), both the Americas and EMEIA regions recorded double-digit growth by both number and proceeds in the first three quarters.

The service includes door-to-door delivery for parcels up to 31 kg and a transit time of 2-3 business days for Bulgaria and 3-5 for Greece.

A new study from BCG Reveals that employees' confidence in AI and GenAI is growing, but half of regular users believe their job may disappear in the next decade.

ADAPTA Robotics has positioned itself as a key player in the rapidly growing robotics sector, delivering groundbreaking solutions to some of the world's most prominent companies.

Alsendo targets further international expansion, consolidation and transformation into a leading tech-enabled delivery management solutions provider.

The new RetuRO center is located within the Eli Park industrial park and is equipped with state-of-the-art technology.

The issue, oversubscribed, represents the second ESG issue launched by Banca Transilvania within its multiannual Eurobond programme (Medium Term Notes - MTN) worth €1.5 billion.

The Technology and Innovation Division will focus on deploying advanced AI-based systems for ESG management, streamlined operations, and data-driven decision-making.

In terms of the financial results registered by the entities within Teilor Holding, in the first half of 2024, posted a turnover from its activity in Romania of RON 127.3 million.

Daniel Anghel joined PwC Romania in 1997. In the last six years he led the Tax and Legal Department, working on complex projects for multinational and local companies.

In 2023, a state-of-the-art one-way glass bottling line and a new building within the factory were inaugurated, through a total investment of €11 million.

The Wellbeing service can be added to private health insurance packages for employees in companies of any size and integrates three plans: psychotherapy, nutrition, and parenting.

Since the service's launch six years ago in Bucharest, Uber Green has been embraced by environmentally conscious riders across Romania.

The new LIFE Dental Spa "Ortho & Kids" dental clinic is located on Calea Dorobanți 194 and covers an area of more than 200 square meters.

Property Forum is excited to announce that for the first time ever, we're inviting our readers to select the winner of one of our SEE Property Forum Awards. Voting for the Real Estate Company of the Year category is open now and closes at the end of the day next Monday (23:59 on 7 October).