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The park celebrated its achievements at the “SUM IT UP #7” event, marking its anniversary with stakeholders from government, business, and international partners.

Through top-tier projects, including contracts with NATO and other international organizations, the company ensures financial stability, creates jobs.

For the 2024-2025 edition, the selection of brands was conducted with the support of the Superbrands Honorary Council.

China-based company BSE specializes in both water-cooled and air-cooled systems with up to 5.5 MW of cooling capacity, as well as heat recovery and reuse solutions.

This year, the company will construct 140 single-family houses and expects to generate revenues exceeding €14 million.

MAS has entered an agreement for the disposal of all its strip malls in Romania to M Core Group for €49 million. The deal pending approval from local authorities could be completed by March 2025.

CTPark Bucharest South is strategically located between Bucharest's ring road and the future A0 Motorway, with direct access to the A0.

French and German families will benefit from sizable price reductions this year, while Romanian ones will see an increase.

Corinthia Hotels Group, the operator of Grand Hotel du Boulevard, actively supports local art and culture through initiatives that promote artists in the local communities.

VTEX has achieved the AWS Consumer Goods Competency, distinguishing itself as a provider that has demonstrated technical proficiency and proven customer success.

The collaboration supports the launch of Petswell Chewz!, a revolutionary range of functional dog treats.

The merger process marks the first step in a series of similar initiatives that AROBS's management plans to implement in the long term.

Tresor Le Palais in Timișoara has joined the Curio Collection by Hilton brand, marking the first transformation of this kind on the local market. 

Banca Transilvania's shareholders approved BT's merger with OTP Bank Romania at an Extraordinary General Meeting.

Starting with 1 January 2025, the RO e-Invoicing system will also apply to invoices issued in B2C (business to consumer) relationship.

During the EY-led process, the team provided full sell-side M&A assistance, structuring and coordinating the execution of the transaction.

The total value of the investment amounted to RON 7.788.593,26, of which 70% represents European funds, which was successfully attracted by the REI Grup team.

Romania's economy has fallen short of expectations, note Colliers consultants, who initially predicted a promising local economic scenario for 2024 that failed to materialize.

Advertising revenue market shares remain stable: Television leads with 52.2%, followed by Digital at 36.4%, OOH at 6%, Radio at 4.9%, while Print stays below 1%.

Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.

By 2030, Gen Z will be a key driver of the AI future, comprising 30% of global workforce.

The purchase price will be €0.3375 per share, inclusive of dividend, subject to possible adjustments.

Located in Pipera, Bellemonde residential development is designed to offer a complete living experience, featuring expansive common areas and a low housing density.

The analysis conducted by MerchantPro covers the results of a representative sample of online stores operating on Romania's most widely used local SaaS eCommerce platform.

In recent years, the HoReCa industry has been steadily losing Romanian employees, trying to compensate for the staff shortage of employees from other countries.

Altex Romania retailer has purchased DIY network Brico Dépôt Romania from Kingfisher in a deal worth €70 million. The closing is expected to take place in H1 2025. 

The biggest growth in Eastern Europe is foreseen in Bulgaria going into 2025, while the rest of the countries are projected to make side moves in the coming years, according to a report by the Eastern European Construction Forecasting Association (EECFA).

Compared to 2022, consumers in 2023 and 2024 have adopted a more strategic approach, planning their purchases in advance.

Three in five (59%) global retail investors and 76% of Romanian investors expect the bull market to span 2025, with the majority (55%) backing AI stocks to keep rising.

In recent years, the RCA market in Romania has undergone a series of significant changes, which have caught the attention of both local and international actors.

The team of lawyers has advised throughout the entire process, including on aspects regarding financial structuring, regulatory and due diligence.

The ROBrands platform, the only premium beauty platform dedicated to local producers, through which DOUGLAS supports Romanian brands and Romanian producers, is constantly updated.

The EIB loan provides long-term funding in euros or Romanian lei at favourable conditions compared with alternatives in the market.

74% of Salt Bank clients hold higher education degrees, 12% above the 62% average for the banked population in Romania aged 18-55, according to a study by Mercury Research.

Ema Iftimie, Globalworth Romania's Managing Director, delves into the most pertinent aspects of Globalworth's Romanian-focused developments, answering key questions that showcase the company's vision and future in this market. This interview was first published in Property Forum's annual CEE TOP 100 publication.

The transaction, which is subject to necessary approvals is expected to close in the first half of 2025.

Conversely, two-thirds of large enterprises reported an increase in sales, reflecting their ability to leverage broader resources and more advanced strategies.

Initial election result did not cause one of the worst market declines of past decade, even if the sharpest reactions have historically been tied to legislative uncertainty.

Amid higher prices expectations, buyers remain wary, and many intend to cut back on gifts for themselves or to switch to lower-priced brands.

Global mobility functions are increasingly seen as strategic partners, with 89% anticipating their program will remain or become more strategic in the next 12-18 months.