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The indoor advertising market is projected to grow by 17% in 2024, substantially surpassing the growth rate of the Romanian advertising market.

The works will consist of the construction of two new medium voltage lines that will have a length of 13.5 km.

Romanian developer Forty Management plans to raise up to €5 million from a bond sale in a bid to finance its international projects.

Recently, Romanians want homes with high curtain walls, which imitate glass buildings, to offer a generous glazed space that maximizes natural light.

Nokian Tyres new passenger car tire factory in Oradea, Romania will operate entirely without fossil fuels

The disposable income gap between CEE economies, which are enjoying solid economic expansion, and stagnating Western European countries is narrowing fast. This is buoying consumer spending in markets like Poland and Romania and attracting international and regional retailers to large modern shopping centres that dominate the CEE's shopping and experience landscapes, while also offering higher margins and lower costs, NEPI Rockcastle's latest research concludes.

EY Global Climate Action Barometer shows just 41% of businesses have plans in place to manage climate risks; world's biggest emitters are the worst offenders.

The total balance mortgage balance in payment increased almost fourfold in the last 16 years, from €5.7 billions in 2008 to €21.7 billion today.

Property group NEPI Rockcastle has purchased a photovoltaic project in Arad County, Western Romania and plans to start its construction in early 2025.

Beyond those already listed, a major challenge is that 54% of IT executives expect budget cuts, while 10% of respondents anticipate an increase in spending on innovation.

New data shows Primark's decarbonisation programme is beginning to decouple from its growth, with a 1.9% reduction in carbon emissions since 2019.

Fitch has also upgraded GBR's Viability Rating (VR) to 'bb' from 'bb-' and Shareholder Support Rating (SSR) to 'bb-' from 'b-'.

The private placement was brokered by BRD Groupe Société Générale, as Sole Transaction Coordinator, and BT Capital Partners.

Half of proceeds allocated to green loans for smaller businesses and half for green housing loans.

Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.

Fagura, the fintech platform that connects entrepreneurs and investors, announces a new €1 million funding round secured through convertible notes.

Strong investor demand allowed initial indicative price of 6% to fall by 37.5 basis points to a price of 5.625%, while the peak value of orders reached more than €800 million.

The transaction adds to a record portfolio of nearly 5 GW of renewable energy projects advised in 2024, across various areas.

Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.

The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.

AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.

Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase. 

The project covers an area of ​​8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.

Lower discount rates make their future cash flows more attractive, leading to higher valuations.

Project will be co-financed from an EU program run by the Romanian Ministry of Energy.

Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.

Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.

The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.

Romania has the seventh largest M&A transaction in Central and Eastern Europe in the first 9 months.The value of global transactions reached $1.6 trillion, up by 10%.

With the help of technological solutions, continuous auditing will become a proactive tool, not just reactive, playing a crucial role in supporting strategic decisions.

Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.

The collaboration involves key activities critical to the brand's long-term success in these new markets, including identifying and selecting franchise partners.

Romania is at 34% of the EU average in innovation in 2024, and the startup success rate is not above 10%.

The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.

The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.

Program empowers women in Romania to step into management or advisory board roles.

This is the second year that Banca Transilvania has been rated by Moody's, the rating agency's accreditation supporting BT's efforts to maintain the most efficient cost of capital.

tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.

In 2024, the life insurance market continued to register significant growth amid key economic and social factors.

Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.