Business Forum
| 13 May, 2025 at 12:36 PM
The European Bank for Reconstruction and Development (EBRD) has cut its 2025 growth forecast for its regions by 0.2 percentage points to 3.0%, with a moderate rebound to 3.4% expected in 2026. This follows a similar downgrade in February and reflects mounting global headwinds, including rising trade policy uncertainty, softening external demand, and newly imposed tariffs.
Business Forum
| 12 May, 2025 at 9:32 AM
Hagag Development Europe has partnered with Radisson Hotel Group to launch its first hotel in Bucharest under the Radisson RED brand.
Business Forum
| 9 May, 2025 at 7:00 PM
Schindler Romania, part of the Swiss manufacturer of elevators and escalators, is set to move its HQ to Business Garden Bucharest.
Business Forum
| 9 May, 2025 at 3:02 PM
Romanian developer One United Properties has raised around €6.5 million in fresh capital from a group of ten investors to support the construction of the new office building for Infineon in northern Bucharest.
Business Forum
| 8 May, 2025 at 9:44 AM
The Romanian industrial and logistics market has recorded a 31% year-over-year increase in leased space, totaling nearly 260,000 sqm during Q1 2025, according to a new report by Cushman & Wakefield Echinox.