Latest news
Wednesday, 9 October, 2024
09:14
Norofert announces a corporate bond issuance of RON 15 million to support investments
The offering will include up to 150,000 nominative, dematerialized, unsecured, and non-convertible bonds, with a nominal value of RON 100 per bond.
09:00
Qoobiss changes its sales strategy and integrates new commercial approach
The new sales strategy is introduced alongside the launch of the Origin platform, a global solution that allows for complete digitalization of customer interactions.
08:53
Agra Asigurări: Compensation of RON 65 million for climatic events in June
The 2023-2024 agricultural season has been marked by extreme weather events, severely affecting farmers nationwide.
Tuesday, 8 October, 2024
16:04
Vodafone and Google deepen strategic partnership with ten year, billion+ dollar deal
The partnership aims to bring new generative AI (gen AI) powered devices through Google's Gemini models to millions of Vodafone's customers across Europe and Africa.
12:32
Impact Developer delivers 732 new apartments in GREENFIELD Baneasa
The new apartments are ready to welcome their owners, who can already move in, the process of signing the sale-purchase contracts starting with October 1st.
12:24
CITR: Number of impact companies in imminent insolvency increases by 18% in 2024
43% of all impact companies are restructurable or in imminent insolvency, and they generate 33% of the total turnover of impact companies.
11:25
tbi bank opens its own technology hub in Türkiye
The hub's HQ is in Istanbul, while most innovations come from its Research and Development (R&D) office at Zafer Technopark in Usak.
10:23
Home deliveries in Romania fall 20% in H1 2024
Romania's residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data.
10:07
RRG to invest €60 million in Bucharest resi project
RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026.
10:01
Analysis: 1 in 3 customers complain about poor service in restaurants
Thanks to several top TV shows, chefs have begun to be viewed differently, and their professional challenges and work were understood and respected.
09:51
Colliers: Romanians are in one of best periods in history to buy a home
Relative to incomes, buyers are experiencing one of the most favorable periods in history to buy a home in Romania.
09:46
Emerging trends in labor market: half of companies are re-thinking their work strategy
25 billion working hours lost annually due to inefficient collaboration at Fortune 500 companies.
09:36
EU finance ministers welcome EIB Group initiatives to channel savings into productive investments
Plans discussed with European Finance ministers in Luxembourg will broaden financing options and tools available to scale up European innovative companies and unicorns.
Monday, 7 October, 2024
18:35
Selion Global Enters Romanian market in partnership with local executive search expert
Selion Global Romania distinguishes itself by offering a range of leadership solutions that go beyond traditional executive search.
09:55
Alsin delivers 1st phase of First Estates Pipera and invests €20 million in second phase
The first phase of First Estates Pipera, comprising 232 apartments, has already been sold in a proportion of over 95%. The delivery of the units to the buyers is in progress.
09:51
Deloitte Romania assists Alfa Group in acquisition of IRIDE Park office project
IRIDE is the first and one of the largest business parks in Bucharest, located in the Pipera area.
09:19
Alsin invests €20 million in second phase of resi project near Bucharest
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
Friday, 4 October, 2024
10:59
Accor achieves 1,000 Mercure hotels milestone
The 1,000-hotel milestone was achieved in 2024 with a spate of standout openings that included Mercure London Earls Court and Mercure Chandigarh Tribune Chowk.
10:53
EVOLOR inaugurates new factory on Oltchim industrial platform
The paint and varnish manufacturer EVOLOR, inaugurates a new high-performance production facility, on Oltchim industrial platform, following an investment of €3 million.
10:47
Perla Harghitei announces winner of the architecture competition for future office building
The company plans to invest €2.8 million in a new office building that can accommodate up to 100 people.
10:29
Global Vision announces development of AI-Powered ESG platform
The platform, designed to enhance sustainability, operational efficiency, and responsible governance, was officially announced at a major business event in New York.
10:23
Genesis Property committs to carbon emissions reduction
Targets are considered "science-based" if they align with the latest climate science findings, particularly in relation to the Paris Agreement's goals.
10:12
Romanian mergers and acquisitions increases 22% in value in Jan.-Sep. 2024
This evolution aligns with both regional and global trends, as European M&A deal values rose by around 30% during the same period, while global deal values increased by 16%.
08:00
Top legal expert sees shorter lease terms and clauses for more adaptive occupancy options
Bogdan Papandopol, Partner and Head of Dentons' Global Real Estate Group in Bucharest, talked to Property Forum about the growing investments in green property projects and the reduction of lease terms in the commercial sector.
Thursday, 3 October, 2024
13:34
Evo Properties rolls out first reconversion project in Bucharest
Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub.
12:00
Hesburger opens a new restaurant in AFI Cotroceni, a €500,000 investment
Earlier this year, in May, Hesburger announced its entry on the Romanian market with the opening of its first restaurant in Râmnicu Vâlcea.
11:55
Allianz Trade launches "Sector Atlas 2024", a comprehensive analysis of global economy
According to the report, the global economy reached a trough in the first half of 2024, with the outlook for the end of this year and 2025 indicating a modest rebound
11:50
PeliPartners assists Alfa Group in the acquisition of IRIDE Business Park
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
11:43
Romanian SMEs need a minimum 30%-40% sales growth to withstand inflation and competition
The biggest problems that SMEs face in 2024 are inflation, unfair competition, and salary increases, according to the National Council of SMEs in Romania (CNIPMMR).
11:36
Metropolitan Life announces a 21.1% increase in gross written premiums in H1 2024
Additionally, in the first half of 2024, Metropolitan Life paid allowances amounting to a total value of RON 121.5 million, an increase of 36.72%.
11:27
Survey: Indoor advertising in malls remains most effective marketing strategies
62% of the consumers have purchased products after seeing advertisements in shopping malls.
Wednesday, 2 October, 2024
19:35
Elevating talent acquisition: navigating Romania's candidate pool in the new academic year
Globally, nearly half of business leaders admit to facing difficulties in attracting top talent, with 44% reporting significant obstacles in their hiring processes.
19:23
Minimum wage increases have highest impact on office occupancy costs
Operational costs are expenses incurred by tenants, which are added to the rent and together compose the occupancy costs.
19:16
ENCORSA supports Romanian companies in transitioning to 100% digital workflows
In recent years, companies have shown increasing interest in digitizing document management and incorporating electronic signatures into their workflows.
14:31
CTP lease deal with cargo-partner reaches 28,000 sqm in Romania
CTP has announced the expansion of its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 sqm at CTPark Cluj.
09:20
Global Vision launches new division focused on technology and innovation
Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects.
Tuesday, 1 October, 2024
20:09
Global IPOs remain resilient amid elevated uncertainty and market volatility
Year-over-year (YOY), both the Americas and EMEIA regions recorded double-digit growth by both number and proceeds in the first three quarters.
18:14
Cargus launches International Service, facilitating businesses expansion into foreign markets
The service includes door-to-door delivery for parcels up to 31 kg and a transit time of 2-3 business days for Bulgaria and 3-5 for Greece.
17:52
BCG Study: Artificial Intelligence at work seen both as Friend and Foe
A new study from BCG Reveals that employees' confidence in AI and GenAI is growing, but half of regular users believe their job may disappear in the next decade.
17:41
Catalyst Romania invests €2 million in Adapta Robotics
ADAPTA Robotics has positioned itself as a key player in the rapidly growing robotics sector, delivering groundbreaking solutions to some of the world's most prominent companies.
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