Demand for office space in Bucharest dropped by one-third in 2025, primarily due to reduced activity from IT companies, which generated only 10% of total leasing in the first nine months - the lowest level since 2010. Companies leased approximately 150,000 sqm of office space, while new demand fell by almost 30% to under 60,000 sqm.
The Metaminds-Trencadis Corp Association has secured a framework agreement to provide internal cloud TIC solutions and products for Romania's Governmental Cloud project.
Zitec, a Romanian IT and digital transformation group, has announced an approximate 20% increase in turnover for H1 2025 compared to the same period in 2024.
JTI's global IT hub in Romania is expanding, with the number of employees growing from 140 at the beginning of the year to 170 currently, and projected to exceed 200 by year-end.
Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.
The "Software Development" division contributed 31% to the operating revenues for the first half of 2024, while the "IT, Infrastructure, and Cloud" division contributed 68%.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has started operations at its second automated manure composting facility at the Lacto Agrar farm.
Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.