The Airbus A330 aircraft, registered in Romania as YR-KID, is expected to land at JFK Airport after an uninterrupted journey of approximately 10 hours.
The agreement signifies a joint commitment to enhance healthcare infrastructure in Romania.
The initiation of the project to extend the M4 metro line from Străulești to Gara de Nord, and onward to Gara CFR Progresul, promises new development prospects in southern Bucharest.
In the rest of the country, however, demand in the residential market has seen an even higher increase of 19%.
Developer STC Partners starts phase II of the residential compound Quartier Azuga, located near the Tei area in Bucharest, an investment of €15 million.
By the end of 2024 the stock of modern retail spaces will overpass 4.5 million. square meters setting a new record for Romania.
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.
Expert reports estimate 49% growth for emerging DataCenter markets in Europe, which includes Romania.
Outside Bucharest, companies leased less than a fifth of the total traded area in Bucharest.
The areas located in the northern parts of the city will continue to attract the most residential developments, with almost 40% of new housing supply located here.
BT has completed CEE's largest Additional Tier 1 (AT1) bond issuance, raising €500 million in the international capital markets.
Over 87% of Romanians have applied energy reduction measures in recent months at their homes or businesses, while more than 60% are interested in investing in energy efficiency projects...
The EY Entrepreneurship Barometer reveals that 60% of Romanian entrepreneurs plan to invest in innovation, even as 63% consider the business environment unfavourable.
Rețele Electrice Romania has begun implementing a new advanced automated distribution management system (AADMS).
Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh.