Ursus Breweries names new Managing Director
Beer producer Ursus Breweries, part of Asahi Europe & International, has named Dan Timotin as its new Managing Director for Romania.
Beer producer Ursus Breweries, part of Asahi Europe & International, has named Dan Timotin as its new Managing Director for Romania.
During Q1 2025, the Brașov-Ghimbav International Airport saw a total of 56,897 passengers, more than double the figure for the same period in 2024.
Courier company Sameday has announced the operational launch of its new logistics centre in Ghimbav, Brașov county.
Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
Sales of homes funded by bank loans rose by 40% during H1 2024 compared to the same period of last year over the reduction of interest rates and the increase in transaction prices, according to transactions brokered by RE/MAX Romania.
This transformation aligns the Brașov store with the first stores worldwide, such as those in Paris, London, and Brussels, which have already implemented the new identity.
Bucharest's short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
Industrial developer VGP is expanding a building in VGP Park Brașov by 13,813 sqm, with 20% of the new space already leased.
The project is already under construction in a 2.6 hectares mountain meadow near Brasov, in the immediate vicinity of a secular forest in the Carpathian Mountains.
Romania engineering group Simtel, specialized in the renewable energy field, plans to launch as early as next week its first corporate bond sale.
Romanian President Nicușor Dan on Friday nominated the interim leader of the National Liberal Party (PNL), Ilie Bolojan, for the position of PM.
OMV Petrom announced a significant step towards sustainable aviation fuel (SAF) production, having secured a crucial feedstock for its Petrobrazi refinery.
The European Commission (EC) has concluded that Romania's recapitalisation of the wholly state-owned Exim Banca Românească, amounting to €250 million (RON 1.25 billion)...
The Macroeconomic confidence index, compiled by the CFA Romania Association, registered a significant increase in May 2025, rising by 11.5 points to a value of 44.9 points.