Latest news

The investment plans now being developed in these 15 countries, as a phase 1, are expected to make up a significant proportion of that financing effort.

PPC Group was named one of the "Most Honored Companies", an exclusive title awarded to just 33 out of 332 evaluated companies in Emerging EMEA region, placing PPC in the top 10%.

The ratio of Private Equity investment value to Romania's GDP is just 0.041%, ten times lower than the similar ratio at the European level.

Harvesting began earlier in August due to intense heat, and the weather conditions led to accelerated ripening of the grapes.

This is the conclusion of the study EXPUS in the Election Year conducted by Golin Romania, through Path, in collaboration with iSense Solutions.

As for the 2023-2024 autumn cropping season, it produced total harvests of 43,621 tons, up 8% compared to the previous crop year, of which 2,300 tons were organic crops.

Romanian businesses, citizens, and public institutions can now use Evrotrust's platform for secure digital services like identity verification and cross-border transactions.

The new pick-up points in the Diverta network will streamline the order collection process, enhancing accessibility for customers in major cities.

In the first 6 months of 2024, 68,223 new companies were registered, this being the lowest value in recent semesters, including the first semester of 2019.

PragmaGO provides financing to SMEs in the form of factoring and loans, mainly through embedded finance, unique services that are directly integrated into the ecosystem of partners.

MOL has also signed a Memorandum of Understanding with SOCAR to evaluate further potential cooperation opportunities in the area of hydrocarbon exploration in Azerbaijan.

The event, now in its 12th edition, will take place this year in Oradea, having Oradea City Hall as partner, with the support of Bihor County Council and Visit Oradea.

The Romanian-German Chamber of Commerce and Industry (AHK Romania) will host the 12th edition of the Cities of Tomorrow conference on October 24-25, 2024. This year's event will be held in Oradea, in partnership with Oradea City Hall, and supported by Bihor County Council and Visit Oradea. Property Forum is the media partner for this exclusive event.

Sum for low-and middle-income economies was $74.7 billion, including $24.7 billion for climate change adaptation

The logistics automated center inaugurated today features one of Romania's largest high-bay refrigerated warehouses, reducing the carbon footprint of logistics and storage.

Global hospitality group Marriott International will open three new hotels in Romania in the next five years as part of a partnership with a local investor.

Percentage of consumers intent on buying an electric vehicle (EV) rises just three percentage points year-on-year (to 58%) with lack of charging infrastructure a widely cited issue.

With 50% of global plastic waste ending up in landfills and only 9% recycled, GR3N developed MADE, the Microwave Assisted DEpolymerization solution.

The factory inauguration marks the successful completion of a 2-year-long project and sets the ground for commercial production in early 2025.

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.