Latest news

Wednesday, 17 July, 2024

16:32
certSIGN has provided encryption solutions to EU Agency for Space Programme
The project was awarded to certSIGN following a public tender organized at the end of 2022 and it is valued to approximately €2 million.
16:17
Pepco Study: Romanians spends an average of RON 70 per shopping session
About 62% of the customers visit the store at least 2–3 times a month, the highest percentage of all countries where Pepco is present.
15:59
Metropolitan Life earns 2024 “Great Place To Work” Certification
MetLife Group has been Certified as a Great Place to Work in all 21 markets that participated in the June survey.
15:47
.lumen raises €5 million for its Glasses for the Blind
In a transformative leap from local innovation to global sensation, Romanian startup .lumen is on a mission to restore mobility to the blind and visually impaired.
13:34
Modern system implemented in the Delayed Coking Unit at Rompetrol Rafinare
The project, implemented during the turnaround, involved replacing the system with a state-of-the-art one, fully automated.
13:17
North Bucharest Investments records 30% more transactions in H1 compared to entire 2023
The value of realized transactions reached approximately €63 million, an increase of 35% on the total amount for the same period in 2023.
11:11
Israelis and Romanians generates 44% of revenues registered by Hotel Cismigiu
The revenues of the hotel owned by Hercesa Romania increased by 3% in the first six months of this year, and the occupancy rate reached 76%.

Tuesday, 16 July, 2024

19:43
Dino Parc Râșnov, ranked 3rd in Europe among the most popular amusement parks
Since its launch in 2015, Dino Parc Râșnov has captured the hearts of families with children, quickly becoming their favorite destination.
19:01
RetuRO opens its 5th counting and sorting center in Bacau County
The new centre integrates state-of-the-art equipment to ensure an efficient sorting and counting process for all types of packaging enrolled in the Deposit Return System.
13:23
Romanian utility tackles water losses with advanced data analytics
ApaVital S.A. to Optimize 4,000 Kilometers of Pipeline to Protect Water Supply for 500,000 People in Iasi.

Monday, 15 July, 2024

21:54
EIB Group cohesion finance reaches record high, bringing opportunity where talent is
Nearly half of EIB Group lending and investments in European Union last year went to cohesion regions, according to new report.
10:56
VGP hands over warehouse to Continental Tires Timisoara in VGP Park Timisoara
The building has been designed sustainably and aims for the BREEAM Excellent certification.
10:50
Lummus and MOL Group begin execution on Advanced Waste Plastic Recycling plant in Hungary
The first plant, which will be located at MOL Petrochemicals Co. Ltd. in Tiszaújváro, Hungary, will have a processing capacity of 40,000 tons of mixed waste plastics per annum.
10:44
TMF Group relocates to America House in Bucharest's central business district
The move signifies TMF Groups commitment to growth and provides a modern, spacious environment for its team of specialists.
10:41
CTP'S Clubhaus community facility rated world's most sustainable
The Clubhaus project was recognized as the most sustainable non-residential building in-use at the BREEAM Awards 2024 event in London last week.
10:35
Gebruder Weiss: 30 Years in Romania, €90 million total investments
Country Manager Viorel Leca: "We want to deliver the best logistics solutions for the success of our customers – that's what drives us."

Friday, 12 July, 2024

10:35
Carrefour opens two new hypermarkets in Constanta
Carrefour's hypermarkets offer the widest range of items across the entire network of stores in the retailer's portfolio, with more than 43,000 food and non-food products.
10:28
Garanti BBVA Romania supports First Look Solutions in developing VIFOR Wind Farm
Expected to begin operating commercially by the end of 2025, the first phase of VIFOR Wind Farm will supply clean electricity to approximately 108,000 households.
10:02
Floria resumes offline development and invests over €60,000 in sixth flower shop
The flower shop in Sun Plaza is strategically located in one of the most frequented shopping centers in the capital and covers an area of 22 sqm.
09:41
ADP once again brings to Romania one of the BREEAM Awards
n this year's event, CTP Clubhaus, for which ADP provided sustainability consulting and certification services, received the award for In-Use non-residential category.

Thursday, 11 July, 2024

16:33
Restart Energy finalizes a photovoltaic project for Dip&Gip worth €200,000
Restart Energy has completed more than 150 PV projects and more than 50 MW installed with the capacity to produce 20.54 GWh and avoid 13,411 tons of CO2 emissions.
16:27
iBanFirst Romania announces a 203% increase in international payment volumes in H1 2024
These results position Romania and the Central and Eastern Europe (CEE) as the market with the highest trading volume growth for the iBanFirst Group in the first half of 2024.
15:56
Early Game announces first investment of EGV Fund II: €900,000 in Relock
Relock provides real-time protection of access to company's APIs and data they exchange, while ensuring immediate threat detection and fail-safe disconnect of any attack attempt.
15:09
MHP Romania opens its first offices in Bucharest at MUSE Offices
MUSE Offices, developed by Primavera Development, is a new, boutique building completed at the beginning of 2023.
14:24
Vectr Realty acquires The Landmark office building
The Landmark, developed in 2016, is a BREEM Excellence Certified business park comprising three class A office buildings with a GLA of over 23,700 sqm.
14:14
Colliers: Romanian real estate market ends H1 with a favorable outlook
The construction sector has reached historic highs, driven by massive EU fund investments and a quite active private sector.

Wednesday, 10 July, 2024

16:18
HILS Development supports Red Cross through Summer Choir 2024 Charity Concert
he event is scheduled for July 20, 2024, at 7:00 PM, at the Romanian Athenaeum, and aims to support the activities of the Romanian Red Cross in combating school dropout.
15:52
Intesa Sanpaolo Bank Romania supports sustainable agriculture companies
Intesa Sanpaolo Bank, continues to support the development of sustainable agriculture in Romania, recently granting a working capital loan of RON 1.35 million to Ultragreens.
15:08
One United Properties 2023 Sustainability Report: 14 Construction Sites, over 21,000 jobs created
One United Properties advanced in 2023 social policies, registering a nearly 35% increase in average employee remuneration.
12:45
Kearney report demands action to close gender gap in tech sector
Kearney calls upon organisations and key industry bodies to activate change to build and sustain diversity and inclusion in the sector.
12:34
European youth elevate their communities through entrepreneurship
Twelve students from a secondary technical school in Bratislava, Slovakia, have been honored with the UniCredit Foundation Re-Power Your Future Award for their impactful business project.
12:00
Telerenta expands operations in Poland, with investments of €1.5 million
The company estimates 30% better results in Poland compared to Romania, considering market size.
11:32
SPEEDWELL launches second edition of its Sustainability Report
All buildings completed last year have been awarded class A energy performance certificates. Over 50% of projects have already been evaluated for climate change risks.
11:25
Private equity-backed companies lead job creation with 7.1% increase in 2022
The Romanian private equity (PE) and venture capital (VC) sector has demonstrated significant contributions to job creation and economic growth.

Tuesday, 9 July, 2024

19:55
Building material distributors and manufacturers face 15% drop in sales
The building materials trade is seeing a steady rise in logistics costs. After an increase of 22% in 2023, in the first six months of this year it has reached 25%.
19:32
Colliers Romania promotes Alexandru Atanasiu to Head of Construction Services and Board Member
Previously, he held the position of Deputy Head of Construction Services and Asset Services.
19:13
Ministerial summit on Europe's competitiveness held at MOL Group Headquarters
The event was addressed by Zoltán Áldott, Chairman of the Supervisory Board of MOL Group, and Marco Mensink, Director General of the European Chemical Industry Council.
15:34
Telekom Romania Mobile, demonstration of technology at Neversea
Telekom Romania Mobile installed internet access points, connected to an optical fiber infrastructure in the perimeter of the festival, to ensure connectivity for Neversea organizers.
15:11
Nor Real Estate secures €21 million loan from OTP Bank Romania
The real estate project is supported by Atenor, a European company with extensive experience in large-scale urban development.

Monday, 8 July, 2024

14:04
Crane ChemPharma secures 3,000 sqm of production space in Industra Park Arad
Crane is a leading manufacturer of highly engineered components for challenging, mission-critical applications focused on the aerospace, defense, space and process flow industry.
POPULAR
1
Real estate
4 months ago
Transilvania Constructii: Offices are increasing demand within logistic warehouses
2
Economy
1 month
Consumers expect brands to have a voice even in election context
3
Energy
7 months ago
Greenvot Group plans €27 million investment in Romania
4
Real estate
8 months ago
Impact Developer & Contractor records 59% fall in profit during 2023
5
Energy
8 months ago
Electrica Group recorded, in 2023, a net profit of RON 620 million