Tag: Romania (1376 articles)

Industry   |   8 June, 2026 at 11:00 AM

Romania ranks 7th in CEE AI readiness

Romania ranks 7th out of 11 countries in the CEE AI Index 2026, which highlights one of the strongest AI policy foundations in CEE alongside one of the largest gaps between strategy and actual economic adoption.

Real estate   |   5 June, 2026 at 10:01 AM

New guide helps companies choose coworking spaces beyond price

Companies and entrepreneurs looking to lease coworking spaces in Romania can now evaluate the best market options using multiple criteria including economic efficiency, workplace quality and technical specifications, according to a new guide developed by Beyond Space in partnership with Cushman & Wakefield Echinox.

Real estate   |   5 June, 2026 at 8:45 AM

Bucharest sees the emergence of a new luxury ecosystem

Yitzhak Hagag, Co-founder & Chairman of Hagag Development Europe, spoke to Property Forum about the firm's strategic focus on diversifying into hospitality and energy while maintaining strong growth in its core office and residential segments. He noted that rental income rose by 32% as the company prepares for major luxury retail and hotel project deliveries.

Real estate   |   4 June, 2026 at 12:01 PM

Cordia breaks ground on Bucharest project with 12% pre-sales

Cordia Romania has marked a milestone with the cornerstone ceremony of Centropolitan, its residential project in central Bucharest near Bucharest Mall and Alba Iulia Square. The event, attended by Tibor Földi, Chairman of Cordia Group, and Mauricio Mesa Gomez, Chairman of Cordia Romania and Spain, signals the official launch of construction for the 274-apartment development.

Real estate   |   3 June, 2026 at 10:00 AM

Radisson opens Timișoara's first lifestyle hotel

Hotel Galaxy Timișoara, a member of Radisson Individuals, has opened as a 48-room lifestyle hotel at 18-20 Gheorghe Lazar Street in the old city of Timișoara, Romania. The property marks the brand's debut in western Romania and introduces the city's first internationally affiliated lifestyle hotel in the historic centre.

Industry   |   28 May, 2026 at 7:15 PM

Electro-Alfa International posts 12% revenue growth in Q1 2026

Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.

Economy   |   28 May, 2026 at 2:31 PM

Romanian wholesale trade grows 2.3% in Q1 2026

Romanian wholesale trade turnover (excluding motor vehicles and motorcycles) increased by 2.3% in the first three months of 2026 compared to the same period last year, according to data published by the National Institute of Statistics (INS).

Economy   |   27 May, 2026 at 5:30 PM

World economy loses €25 trillion annually due to waste

The world economy loses around €25.4 trillion in value annually, equivalent to almost 31% of global GDP, due to inefficient resource management, according to a report conducted by Deloitte and Circle Economy. This means that for every three euros created, one euro is lost.

RECOMMENDED FROM THE HOME PAGE
Industry

Romania ranks 7th in CEE AI readiness

Romania ranks 7th out of 11 countries in the CEE AI Index 2026, which highlights one of the strongest AI policy foundations in CEE alongside one of the largest gaps between strategy and actual economic adoption.

Agriculture

DN Agrar secures €13.5 million for farm expansion and composting

DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has announced a €13.5 million investment plan for developing its sixth farm and expanding composting facilities as part of its 2025-2030 growth strategy.