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Romania's industrial stock totaled 7.3 million sqm during H1 2024, while new projects spanning 700,000 sqm were under various development stages, according to a report by Colliers.

NewCold, specialized in automated and cold chain international logistics, has entered the Romanian market through a 9-hectare land plot acquisition from WDP in northern Bucharest, for an undisclosed sum. The land is located close to the new A0 ring road of Bucharest.

The entrepreneurs penetrated the market with a service-oriented business, establishing as a team with niche expertise in developing marketing strategies for restaurants.

The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.

The company now boasts a team of 35 AI specialists delivering innovative solutions to clients across various industries, both locally and internationally.

With a catalog of more than seventy venues, the Paris Society group, part of the Ennismore Group, is a key player in the French hospitality sector.

New report finds $115 trillion in power-sector investment needed for net-zero goals and guides energy providers on how to drive an equitable transition for consumers and themselves.

Romanian construction group IBB Holding will issue euro-denominated bonds and list them on the Bucharest Stock Exchange, following a decision of its shareholders. 

These two tunnels through the mountain, which will each be 6.9 km long, are part of the future Brașov-Simeria railway line, from the Rhine-Danube Corridor.

The biggest challenges for this industry are related to human resources, finding suitable and experienced employees, as well as adapting HR programs for each generation.

The new photovoltaic park will generate a significant amount of green energy annually, reducing the carbon footprint and diversifying the energy sources available in the market.

Entrepreneurs have automatic access to offers, directly from ING Business, the internet banking platform dedicated to them.

60% of Romanians believe that financial or legal sanctions would be the best measure against littering.

To date, more than €7 million has been invested in developing comprehensive educational programs tailored for healthcare professionals.

Germany's Garbe group, specialised in industrial investment, is looking to start operations in Romania and develop its first local projects. 

The increase in workdays within the Pluria network highlights the growing trend among remote and hybrid teams to adopt coworking spaces and work-friendly cafés.

The initiative debuts with an impressive collaboration alongside Social Food, a program of the association founded by chef Adrian Hădean, and the Bucharest City Hall.

Investment of more than €100 million to increase shipping capacity in the fourth quarter of 2024.

Contract renewals accounted for approximately 50% of office transactions in Bucharest during H1 2024, while the total demand fell to around 160,000 sqm, according to a Colliers report. 

The new round, worth $1,000,000, was led by the Czech fund Soulmates Ventures. Early Game previously invested in Youni, through Early Game Fund I.

Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.

The event marks an important moment in the company's development, which aims to offer innovative products and solutions for durable construction.

ALD Automotive and LeasePlan launches in Romania, Ayvens, its new global mobility brand, uniting the two companies together under a single common identity.

Nearly three-quarters (73%) of European bank customers have kept their primary account with the same financial institution for over five years.

Romanian programmers have started to accept lower salaries due to the decrease in projects and increased competition

For many professionals, flexibility in the office schedule has come to be more important than the financial package.

Despite a cold reception from the market, not all news from the Apple launch was bad for the industry. Analysts are noting that the new generation will help Qualcomm and Broadcom.

In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.

LSEG Romania is one of the Group's largest Technology and Operations hubs across the world, with more than 1,000 employees in Bucharest.

The network in the area will be extended by more than 32 km for the medium-voltage segment and by another 8 km for the low-voltage segment .

In the next phase, the expansion of the logistics and production center in Romania involves investments in machinery and process automation.

55% of companies managed to increase their sales in 2024 by adding new products/services, 52% by increasing investments in marketing, and 38% by opening new distribution channels.

Failure to comply with proper timelines for public consultation in the legislative process is a negative signal that increases the degree of uncertainty for the future of investments in Romania.

Connections reports double-digit growth in H1 2024 in key indicators, including a reduction in debt levels, and continues to anticipate an even better second half of the year.

Dacia is celebrating two decades since the sales debut of the first generation Logan with the launch of a limited anniversary series of its B-segment sedan.

The number of investors in investment funds also crossed the 700,000 threshold, an advance of more than 37% since mid-2023 and 8.6% since the first quarter of this year.

Property Forum's annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 22 October 2024. The list of award categories is already available and the nomination period has just been extended by four days until September 20th. In this article, we answer all potential questions related to the nomination process and explain how the winners will be selected.

TechAngels members' investment intent for the second semester is €1.8 million, almost double the H1, a similar trend to last year.

In the first half of 2024 and subsequently, Simtel signed two significant contracts worth €19 million (within a partnership in which Simtel holds 50% of the profits and losses).

The new funding round will help Ogre AI to further expand its technological capabilities and strengthen its market presence.