Economy | 11 October, 2024 at 12:03 PM
Romanian e-commerce ranks 3rd in Central and Eastern Europe
In 2023, Romanian e-commerce of goods and services reached €10.6 billion, representing 3.32% of GDP.
In 2023, Romanian e-commerce of goods and services reached €10.6 billion, representing 3.32% of GDP.
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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.
Romania's residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data.
RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026.
Relative to incomes, buyers are experiencing one of the most favorable periods in history to buy a home in Romania.
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
Bogdan Papandopol, Partner and Head of Dentons' Global Real Estate Group in Bucharest, talked to Property Forum about the growing investments in green property projects and the reduction of lease terms in the commercial sector.
Evo Properties has announced the reconversion of the London and Oslo office buildings in Bucharest into a multifunctional hub.
Globally, nearly half of business leaders admit to facing difficulties in attracting top talent, with 44% reporting significant obstacles in their hiring processes.
CTP has announced the expansion of its partnership with cargo-partner, a full-range info-logistics provider, with the leasing of 7,800 sqm at CTPark Cluj.
Romanian industrial developer Global Vision has launched a new technology and innovation division, with a strategic aim of implementing custom AI solutions across its portfolio of real estate and green energy projects.
Property Forum is excited to announce that for the first time ever, we're inviting our readers to select the winner of one of our SEE Property Forum Awards. Voting for the Real Estate Company of the Year category is open now and closes at the end of the day next Monday (23:59 on 7 October).
Homing Properties will invest €35 million in the construction of 140 villas in Pipera, near Bucharest.
Property Forum is excited to announce the shortlist of nominees for its annual SEE Property Forum Award Ceremony which celebrates the best projects, most impactful transactions and most inspiring personalities of the Romanian market. This year our team has received a record number of nominations so narrowing the list down was not an easy task. The winners will be selected soon by a jury committee comprising leading real estate professionals and the recipients will be announced at our Awards Gala on 22 October, part of our annual SEE Property Forum conference.
NEPI Rockcastle has completed the expansion works for the Shopping City Ploiești project.
iO Partners, a JLL Preferred Partner, has teamed up with Bright Spaces proptech to provide its clients with a 3D space planning tool.
The ratio of Private Equity investment value to Romania's GDP is just 0.041%, ten times lower than the similar ratio at the European level.
In the first 6 months of 2024, 68,223 new companies were registered, this being the lowest value in recent semesters, including the first semester of 2019.
PragmaGO provides financing to SMEs in the form of factoring and loans, mainly through embedded finance, unique services that are directly integrated into the ecosystem of partners.
The wholesale trade sector experienced an overall decline in H1 2025 compared to the same period in 2024.
Delivery platform Bolt Food and financial infrastructure supplier finmid have launched a new financing program for thousands of small and medium-sized businesses (SMBs).
While businesses are increasing their investment in Environmental, Health and Safety (EHS) initiatives, many are failing to integrate them into their long-term strategies.
Croissant manufacturer Derpan, part of the Golden Foods Snacks group, has successfully completed a private placement of corporate bonds.
Romania has successfully completed its second renewable energy auction under the Contracts for Difference (CfD) scheme, awarding 2,751 MW of capacity and surpassing.