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Industry

Arobs makes US acquisition

Arobs Transilvania Software has completed the acquisition of Codingscape, a US-based company, in a deal exceeding $12 million.

Industry

FintechOS names new Senior VP

FintechOS, the developer of a financial product management platform, has announced the appointment of Lidia Cîrstei as Senior Vice President Product & Operations.

Mortgage rates in Romania on growth trend in H2 2025

Mortgage interest rates are projected to increase in the second half of 2025, impacting both fixed-rate mortgages, which constitute over 99% of new mortgage volumes, and variable-rate mortgages, according to a recent analysis by online broker Ipotecare.ro and SVN Romania | Credit & Financial Solutions.

Colliers Romania appointed to reposition Unirea Shopping Centres

Colliers Romania has been appointed to coordinate the repositioning process for the two Unirea Shopping Centres in Bucharest and Brașov. These centres boast significant retail spaces, with the Bucharest location covering over 80,000 sqm and the Brașov centre 16,000 sqm.

CEE emerges in race for AI talent

Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.

Real estate

Mixed outlook for Eastern and Southeast European construction by 2027

While the Southeast European region is projected to maintain its 2024 activity levels, reduced optimism in Eastern Europe is largely attributed to a worsened forecast for Turkey, finds the latest report of the Eastern European Construction Forecasting Association (EECFA).  

Real estate

Commercial and resi real estate brace for higher taxes in Romania

Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.

Romanias net profit of banking system up 5% in 2024
Finance

Romania's net profit of banking system up 5% in 2024

The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.

Commercial and resi real estate brace for higher taxes in Romania
Real estate

Commercial and resi real estate brace for higher taxes in Romania

Over the past decade, Romania has faced increasing pressure - both from domestic and from international institutions - to modernize its property tax system. With structural challenges in housing affordability and significant fiscal constraints at the national level, local tax reform, as outlined in the National Recovery and Resilience Plan (PNRR), has emerged as a critical priority, writes Daniel Grigore, Director, Corporate Income Tax, Deloitte Romania.

Fitch affirms Globalworths BBB- rating
Real estate

Fitch affirms Globalworth's BBB- rating

Fitch Ratings has affirmed Globalworth's Long-Term Issuer Default Rating (IDR) and senior unsecured debt rating at BBB- with a stable outlook, noting the company's efforts in deleveraging and its robust commercial portfolio across Poland and Romania.