First Property Group has completed the sale of the Dr. Felix 87 office building in Bucharest's Piata Victoriei area to Bucur, a company listed on the Bucharest Stock Exchange. Colliers acted as the exclusive sell-side advisor in the transaction.
Bucharest-based office project Victoria Center has integrated workcloud24's intelligent building optimization platform, as part of Solida Capital's strategy to enhance its portfolio.
Colliers has announced that its property management division is set to manage the Victoria Center office building in Bucharest, which has recently been purchased by Solida Capital Europe.
Bulgaria, Croatia, Poland, and Romania could raise labour productivity by up to 10 to 15% through wider adoption of digital technologies, particularly software and AI-enabled tools, according to a report by World Bank Group.
Intesa Sanpaolo Bank Romania has appointed Anca Petcu as Chief Operations and Transformation Officer and Deputy CEO, following approval from the National Bank of Romania.
The Romanian government approved a €500 million financing contract with the European Investment Bank (EIB) for the Sibiu-Pitești highway project on Thursday.
Romania's Ministry of Finance has drafted legislation to extend state aid for road transport operators, providing compensation for diesel price increases until the end of 2026.