Latest news

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.

Romanian investor and developer River Development has announced its rebranding as Sema Real Estate, with all current and new projects to be reunited under this umbrella. 

As cities expand, the distances between residential neighborhoods and commercial centers grow, yet the number of visits to shopping malls continues to rise.

The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars.

Recent bilateral meetings with Türkiye's VP which took place in May 2024 showed that Türkiye's direct investments in Romania have reached $7.5 billion.

Bright Spaces, a leading 3D Digital Twin company, has launched a new interactive platform that showcases BHB Avenue's renowned attention to detail and thoughtful design.

The company already closed exclusivity and non-exclusivity agreements for several dozen residential projects from international markets, including Dubai, Spain, Bali and Zanzibar.

The future headquarters of Infineon Technologies Romania, One Technology District, will be the largest semiconductor R&D center in Southeast Europe.

Approximately 11,550 damaged photovoltaic panels were replaced with new generation ones, restoring electricity production to the full capacity of nearly 12 GWh/year.

The future owners have announced plans for improvements to the resort, with the goal of re-opening it as a luxurious 5-star property and welcoming its first guests in 2025.

The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund.

Norofert has partnered with Engenutri Group, a top player in agribusiness, with over 25 years of experience in providing innovative solutions for nutrition and plant protection.

Industrial developer CTP has appointed Jovan Radosavljevic as its new Managing Director for Romania, tasked with overseeing the company's expansion in the country. 

The use of AI leads to increase in sales productivity and customer satisfaction and to decrease in marketing overhead costs.

The Top Employers Institute is an internationally recognized institution which surveys and independently audits companies' people practices based on top international standards.

The project brings to the forefront state-of-the-art solutions for increasing energy efficiency in buildings through a series of events organized in six Romanian cities.

The ongoing residential developments in areas near Bucharest count around 28,500 apartments, with Voluntari town and Tunari commune among the locations with the biggest volume of new construction, according to a report by Imobiliare.ro. 

West Gate Studios, the first private residential campus for young people in Romania, offers a total of 1,700 places in 850 studios and apartments.

MOL produces 1,600 tonnes of green hydrogen per year using electricity from renewable sources.

Data shows direct flights are encouraging Romanians to visit the American metropolis.

According to the schedule agreed upon in the contract, the first trolleybus will be delivered in April 2025.

Leading architecture firms from Great Britain and Romania played a key role in bringing the Café Athénée project to life, blending international expertise with local flair.