Project will be co-financed from an EU program run by the Romanian Ministry of Energy.
The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.
With the help of technological solutions, continuous auditing will become a proactive tool, not just reactive, playing a crucial role in supporting strategic decisions.
Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.
The collaboration involves key activities critical to the brand's long-term success in these new markets, including identifying and selecting franchise partners.
Romania is at 34% of the EU average in innovation in 2024, and the startup success rate is not above 10%.
The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
Program empowers women in Romania to step into management or advisory board roles.
This is the second year that Banca Transilvania has been rated by Moody's, the rating agency's accreditation supporting BT's efforts to maintain the most efficient cost of capital.
Rompetrol Rafinare announces a turnover of 3.57 billion dollars and losses of 66.7 million dollars in the first 9 months of the year.
ROCA Industry reports in the first 9 months of this year a turnover of 517 million RON, at a cumulative level for the companies in the portfolio, increasing by 9% compared to 2023.
The Group's management updates the Strategic Plan targets for the period 2025-2027.
In terms of operational highlights, the owned renewable energy sources (RES) production registered a 38% YoY increase in the first nine months of 2024.
The main challenges of business services companies are the rising labor costs, the recruitment process and the retention of experienced employees.
Eltra Logis' decision to change its business focus to the pharmaceutical industry was driven by major challenges in the textile sector in Romania.
A development strategy focused on advanced services, automation, and niche analysis, such as ESG, will allow Romania to harness the enormous potential of this industry.
The wind turbine installed by Eurowind Energy is the first of a total of 8 Siemens Gamesa SG 6.6-170 turbines, the largest type of wind turbine generator in Romania.
Residential deliveries in the Bucharest-Ilfov region were down 23% in the first half of 2024 compared to the same period of last year, according to a report by SVN Romania. The agency estimated last spring that this year could bring the lowest number of new homes delivered in the past five years.
Hyatt Hotels Corporation has announced plans to expand in the Balkans region, with five Hyatt Regency hotels and resorts expected to open by 2027.
Nhood Services Romania has been selected to support the international expansion of the Romanian restaurant chain Spartan.
he financing includes a loan to be used for the construction of the development in the amount of €28.5 million.
The Group currently operates 23 logistics parks, with strategic emphasis on urban logistics projects and Big Box facilities.
IMPACT had 333 pre-sold units in all projects as of September 30, 2024, with a total value of RON 193 million.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
In 2024, the life insurance market continued to register significant growth amid key economic and social factors.
Romania ranks sixth in Eastern Europe in terms of international gold reserves held.
Romania ranks 2nd among iBanFirst's 10 European markets by average value of forward transactions carried out through the platform (€231,000).
Aiming to eliminate pay discrepancies between men and women across the European Union, the European Council adopted new pay transparency regulations.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
According to the study, the Responsible Behavior and Insurance Benchmark of Romania—55% of Romanians describe themselves as optimistic, while 15% adopt a pragmatic approach.
The General Assembly of Angst's creditors approved the sale of four commercial spaces in Bucharest and one in Ilfov, with a total market value of €3.6 million.
The central bank decided to lower the key interest rate twice this year, in July, from 7% per annum to 6.75% per annum, and in August to 6.5% per annum.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.
