The company also announces Daniel Vaum's promotion to manager of the purchasing department as part of its strategy to optimize internal processes.
This investment arrives at a crucial time as Romania aims to develop a recycling industry for waste electrical and electronic equipment, funded through the European Union's PNRR.
This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint.
This unit will transform 21,000 tons of manure annually into over 7,000 tons of organic fertilizer.
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
Investors are still on hold today. As Property Forum's recent survey showed, two-thirds of investors are expected to continue to take a ‘wait and see' stance and look for a better vision of the future in the coming period. But, as the speakers of the investor expectations panel of SEE Property Forum 2024 showed, there are opportunities available all over CEE, including Romania.
Hungarian investor Gránit Asset Management, with HUF 1,100 billion of assets under management, is reported to be nearing a deal for the purchase of the Equilibrium 1 building in northern Bucharest from Skanska, Romanian media reports.
The 23 wind turbines will be located on land plots in the localities of Deleni, Costești, Bogdănești, while the interconnection transformer station will be located in Banca.
Most Romanians have their first gains from trading after 8-12 months of continuous learning and practice, and the most demanding ones after the first 4 months.
The newly renovated meeting and events areas at Radisson Blu Hotel, Bucharest blend form with function, innovation with timeless touches and local nuance.
Property Forum is excited to announce the results of its second annual investment market sentiment survey focusing on the Romanian market which was conducted ahead of SEE Property Forum 2024. The results, providing an overview of market expectations across sectors, are now available online.
Join Property Forum's exclusive investment survey to voice your thoughts on the most pressing issues concerning the Romanian market. From inflation concerns to market expectations, your input will contribute to identifying trends, guiding decisions and shaping the course of Romania's investment journey. By sharing your perspectives, you not only contribute to shaping the future of the industry but also stand a chance to secure a free ticket to the highly anticipated SEE Property Forum & Awards Gala 2024 event.
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 has a considerably higher rate of young people who make plans for their future (96%), among which 54% have well defined plans, compared to 40%, the European average.
InvestALIM results: out of a total of 37 companies - eight are projects successfully managed by the REI team.
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.
Plans discussed with European Finance ministers in Luxembourg will broaden financing options and tools available to scale up European innovative companies and unicorns.
The paint and varnish manufacturer EVOLOR, inaugurates a new high-performance production facility, on Oltchim industrial platform, following an investment of €3 million.
Earlier this year, in May, Hesburger announced its entry on the Romanian market with the opening of its first restaurant in Râmnicu Vâlcea.
ADAPTA Robotics has positioned itself as a key player in the rapidly growing robotics sector, delivering groundbreaking solutions to some of the world's most prominent companies.
The Romanian Ministry of Finance successfully raised €4 billion on October 2 in its final and most successful Eurobond issuance of the year.
Tech giant Apple announced a significant expansion of its clean energy projects across Europe, including a long-term agreement to procure power from a 99MW wind farm in Romania.
The Romanian mergers and acquisitions (M&A) market reached €4.2 billion in the first nine months, a 7% decrease from the same period last year.
CEC Bank and the Investment and Development Bank (BID) have signed a landmark agreement to provide individual guarantees for public sector entities in Romania.
Investors in Central Europe are optimistic about the upcoming months, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey.