Latest news

Tuesday, 16 April, 2024

20:32
eCommerce market grows slow but steady
This aligns with the slow growth level recorded by the MerchantPro Compass indicator in the number of transactions also in 2023 compared to the previous year (+5.5%).
20:08
Almost 61% of employees believe that ideal office should be in a multifunctional campus
Today's employees are not looking for a simple job, but for a work environment that offers a complete experience and allows to combine work with recreation and relaxation.
19:55
Signal Iduna companies ended 2023 with a 33% increase in gross written premiums
Signal Iduna Asigurare Reasigurare recorded a growth in gross written premiums of approximately 34% in 2023 compared to the same period of the previous year.
19:20
Timis County, among top counties with high agricultural potential
Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area.
19:09
CMS expands office space and lease contract at One Tower
One United Properties announces that CMS Romania, a top law firm and one of its tenants, has decided to extend on a long term its lease contract at One Tower.

Monday, 15 April, 2024

15:05
Survey: Over 50% of Romanians interested in changing jobs
Around 53% of Romanians want to change their job in the next 6 months, according to the results of the "HR Research" study conducted by 4Service Group.
13:39
UniCredit Bank: Romania's economic growth expected to reach 2.7% in 2024
Inflation is expected to miss the target in 2024-2025, with the NBR cutting rates to 6% in 2024 and 4.5% in 2025.
12:16
Econergy launches commercial operations for 92MW Parau PV project
Econergy has announced that its 92MW solar park in Parau, Romania, has started commercial operations.
11:41
Baltisse and Straco Real Estate acquire majority stake in Speedwell
Straco Real Estate and Baltisse announce the successful acquisition of a majority stake in SPEEDWELL, a premier real estate developer based in Romania.
11:06
Romania reaches 4.5 million sqm of retail modern space in 2024
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.

Friday, 12 April, 2024

19:41
Romanian electromobility startup ELEC secures €1 million in funding
With these resources, ELEC will develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform.
19:14
PPC blue is PPC's new brand for electric mobility segment in Romania
The electric mobility company within the PPC group of companies in Romania adopts a new brand identity – PPC blue.
18:27
ROCA X VC end the first quarter with major exit and other strategic investments
The first significant news is the acquisition of CODA Intelligence, a Romanian startup specializing in cybersecurity solutions, by PDQ, with complementary products to CODA.
18:14
One United Properties significant shareholders sell 234 million shares
Four significant shareholders of One United Properties successfully sold 234,205,285 shares in the Company to local and international institutional investors.
17:39
DEI Index: Only 7% of European companies are building real inclusive culture
European companies don't make the grade on DEI: the average DEI Index score is 5.69 out of 10. Only Switzerland got a passing grade (6.0)
16:52
EU Finance Ministers set in motion EIB Group Action Plan
Ministers meeting in Luxembourg welcome the Action Plan presented by President Calviño to update the definition of dual-use projects and extend EIB credit lines.

Thursday, 11 April, 2024

19:27
Greenvot Group plans €27 million investment in Romania
Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian market in the Distributed Generation segment.
18:19
UK-based PIB Group enters Romania and partners Stein Bestasig
STEIN Bestasig will coordinate the PIB Group's expansion in Romania, with a series of M&A acquisitions starting in 2024.
17:13
MOL inaugurates region's largest green hydrogen plant
MOL produces 1600 tonnes of green hydrogen per year using electricity from renewable sources.
15:39
Global auto industry going through a period of paradigm shifts
New auto registrations saw a significant recovery in 2023 as Covid-induced supply-chain disruptions eased and pent-up demand released.

Wednesday, 10 April, 2024

20:39
Marelvi commits to long-term stay at MLP Bucharest West
Romania's largest distributor of household appliances has renewed its lease contract for more than 8,100 sqm of space at the MLP Bucharest West logistics park.
20:33
PPC Companies in Romania reveal new brand identity
PPC group of companies in Romania has started its first image campaign, thus marking the transition to the new brand identity.
20:07
Doicesti SMR Site, fully compliant with IAEA highest safety standards
Nova Power & Gas salutes the successful conclusion of the IAEA Site Evaluation and External Events Design (SEED) Mission carried out by IAEA team of experts,
20:01
P3 Group portfolio value grew 8.1% to €9.0 billion in 2023
Structural tailwinds for logistics properties remain intact with strong supply and demand dynamics despite economic uncertainties.
19:42
Chimcomplex adopts "Precautionary and Accelerated Development Measures Plan"
This is a response to the unfavorable and unpredictable developments in the business environment.
19:31
Romanian company Limitless Agency officially enters US market
The technology developed by Limitless Agency can increase conversion rate by up to 33% and reduce advertising costs by at least 20%.

Tuesday, 9 April, 2024

15:21
Monsoon connected largest Energy Battery Storage capacity in Romania to national grid
The capacity is part of the first hybrid photovoltaic-wind-battery project, installed at the existing operational 50 MW project.
13:10
Prysmian begins construction of new production line in Slatina
Prysmian Romania has commenced construction of a new production line at the Slatina energy plant, following a €23 million investment.
12:42
Teilor Holding publishes first Sustainability Report
As part of Teilor Holding's commitment to ESG initiatives, the group has launched DAAR, a luxury brand of sustainable jewelry.
12:27
Vista Bank joins Confirmation of Payee Service - SANB
Vista Bank is the tenth bank that offers its own customers the facility to verify the payee's identity for payments in RON made through internet banking.

Monday, 8 April, 2024

20:06
BRD and IFC boost sustainable finance through a risk transfer transaction
BRD and IFC closed a landmark synthetic significant risk transfer transaction that will free up capital for BRD to boost the financing of sustainability-related projects.
12:23
Digital Realty and Schneider Electric partner to undertake circular economy initiative
Schneider Electric has partnered with Digital Realty to deliver an innovative circular economy initiative at its PAR6 data center in Paris.
10:36
NEPI Rockcastle successfully completes Vulcan Residence
The project, located in Bucharest's 13 Septembrie area, has already been 80% sold, reflecting increased buyer confidence and interest.
10:28
Total leasing activity in Bucharest is 71% higher in Q1 2024
Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries.
10:03
Aquila budgeted investments of €16.9 million for fleet renewal
Aquila has budgeted investments of €16.9 million for means of transport and warehouse equipment, in line with its sustainability objectives.
09:39
Projects worth €500 million in preparation within ConstructPLUS Scheme
The Ministry of Finance is preparing a new state aid scheme for investments, similar to GD 807/2014: annual budget is estimated at €150 million.

Friday, 5 April, 2024

11:11
NEXO Group is developing a complex of smart houses, an investment of €10 million
Located between two forests, the homes in NEXO Nature are designed to reduce heating or cooling costs and ensure a healthy lifestyle for residents.
11:04
Genezio raises $2 million pre-seed round
Genezio, a startup launched in 2023 to create tools to help developers automate app creation, raised a $2 million pre-seed round led by Gapminder Ventures.

Thursday, 4 April, 2024

16:54
Salt Bank, first 100% Romanian neobank was launched today
Differentiating itself from traditional banks, Salt Bank aims to be more than a bank: a 100% digital experience, adapted to users' contemporary needs.
15:55
Artprint, preparing second corporate bond issue of RON 3 million
This decision aims to strengthen the company's market position and diversify its sources of funding.
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