Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.
In the second quarter, the company began dividend distributions totaling 81.7 million and started one of its shareholder-approved share buyback programs on April 29, 2024.
Romanian tech retailer Flanco has announced its most significant expansion strategy in six years, committing approximately RON 20 million (close €4 million) to investments.
Flip.ro, the Romanian platform dedicated to refurbished electronic devices, has concluded its fiscal year with a 45% year-over-year increase.
Energy bills for households will increase once the price capping scheme is scrapped in July, finds a new study by the Energy Policy Group (EPG).
Major Romanian cities are collectively investing over €30 million in smart waste collection infrastructure, find a new analysis by Clean Recycle.
Furniture giant IKEA has opened its first Plan and Order Point in Bucharest, located in the Orhideea area.