Tag: office (147 articles)

Real estate   |   12 November, 2024 at 9:50 AM

Evo Properties mixed-use project in Bucharest to host 4-star hotel

Evo Properties, the owner of London & Oslo office buildings in Western Bucharest, has reached a 50% lease rate this year and aims to reach an occupancy rate of 85% by the end of 2025. At the same time, it continues to transform the project into a mixed-use hub that will include a premium hotel.

Real estate   |   15 October, 2024 at 4:23 PM

Bucharest office market sees lower demand over tech slowdown

Total demand for office leasing in Bucharest dropped by 25% to 236,000 sqm in Q3 compared to the same period of 2023, while new demand fell 11% to 82,000 sqm in the same interval due to the slowdown of the IT&C sector, according to a Colliers report. 

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Finance

BT 2025 net profit up 16%

Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.

Industry

Romanian car sales drop 24% in February

New car registrations in Romania fell 24.4% in February 2026 compared to the same month last year, according to preliminary official data processed by the Association of Car Producers and Importers (APIA).