Genesis Property names new CEO
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group.
Romanian office developer Genesis Property has named Ionel Purice as CEO. He has previously held the position of CEO of Genesis Development, part of the same group.
Each year, GRESB evaluates and benchmarks the ESG performance of real estate assets on a global scale.
Targets are considered "science-based" if they align with the latest climate science findings, particularly in relation to the Paris Agreement's goals.
At the same time, nearly 82% of employees of all ages consider their relationship with managers important or very important when making the decision to work more days at the office.
The electricity that powers the buildings owned by Genesis Property is also provided by the own production generated by the 1,080 photovoltaic panels installed on the roofs.
Among Millennials and Gen X employees, percentages are 56% and 52% respectively, according to a survey of 1,247 respondents nationwide by Genesis Property.
Today's employees are not looking for a simple job, but for a work environment that offers a complete experience and allows to combine work with recreation and relaxation.
Genesis Property and HP Inc. Romania have signed a 5-year lease extension for 7,000 square meters of office space in YUNITY Park.

Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.
MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.
The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.
Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.
BT and BT Investments have received approval from the Financial Supervisory Authority to acquire BRD Pensii and the BRD mandatory private pension fund (pillar 2).