Latest news
Wednesday, 19 June, 2024
15:51
Colliers: Romanians are increasingly interested in buying a home
The residential market started 2024 on a strong note, with an 18% increase in residential transactions in Bucharest in the first quarter compared to the same period last year.
15:45
Agrii Practic, an experiential campaign by Agrii Romania x MullenLowe Romania
Agrii and MullenLowe Romania redefine how the agricultural community in Romania gathers, learns, and collaborates.
14:54
One United Properties secures a €47 million financing from Banca Transilvania
This financing will be used to fully repay the existing credit contracted by the company in 2021 from the Black Sea Trade and Development Bank.
14:38
Skanska survey: 76.2% of tenants are extremely satisfied with Equilibrium 1's services
Now in its fourth year, the Office life experience survey was conducted in the Equilibrium 1 building in May 2024, with a response rate of 70%.
09:18
Genesis Property uses 100% renewable electricity for all buildings in its portfolio
The electricity that powers the buildings owned by Genesis Property is also provided by the own production generated by the 1,080 photovoltaic panels installed on the roofs.
09:08
OMV Petrom confirms that Strategy 2030 is on track
Increased and accelerated low and zero carbon projects: ~2.5 GW renewable power capacity (including partnerships) and over 5,000 EV charging points by 2030.
Tuesday, 18 June, 2024
15:05
EIF launches Gender Smart Equity Investment Programme
The new programme will promote women leaders in venture capital and private equity and is open for pan-EU participation.
13:38
Clifford Chance Badea advised MORE on its entry on the Romanian renewable market
Advising MORE in its first transaction on the local market, Clifford Chance Badea lawyers assisted the client in structuring and negotiating the related transaction documents.
10:42
Portland Trust announces new tenants for J8 Office Park
This business hub is in a blooming residential area with a focus on connectivity due to the subway and the future metro line developments.
10:31
Bonapp expands to 150 new cities with Penny Romania
Starting today, Bonapp is adding 374 Penny stores to the app, bringing the total to 150 new cities by the end of the year where the app can be used.
Monday, 17 June, 2024
13:09
83% of Romanians who plan a holiday abroad will pay digitally when away
This practice is also especially popular among Hungarians and Poles (84% and 80% indications respectively).
12:56
Study: 38% of Romanians sharing expenses with partner do not monitor their payments
For those who monitor their common expenses, the preferred tool is the banking application, used for this purpose by 36% of the respondents.
12:11
Linia Projects signs with Global Vision and Globalworth for 6,700 sqm in Chitila Logistics Hub
Linia Projects space is dedicated to furniture production and interior design, covering 6,000 square meters of production area.
10:12
Local media market to reach a record value of €762 million in 2024
This positive evolution is due to favorable economic factors, such as decreased energy prices and a strong labor market.
10:06
Smartree HRTech: Over 20% revenue growth in 2023
The company had a turnover of RON 25.1 million, up 21% from the previous year, as a result of consolidating financial results together with BIA Human Resources Management Services.
09:58
Syndicated loan of €291 million for First Look Solutions wind power project
The project is located in Buzau County, Romania and in its 1st phase, 30 Vestas wind turbines will be installed until 2025.
09:52
Electromontaj announces a new green energy project
Construction of the project began in May 2024 and is planned to be completed by the end of 2025.
08:55
Raiffeisen Bank launches MoonShotX, regional mid-Corporate business project
The project, carried out in partnership with InnovX, supports Romanian Mid-Corporate businesses in developing advanced technologies and innovative solutions for Industry 4.0.
Friday, 14 June, 2024
19:05
IFC provides financing for landmark wind plant to boost clean energy in Romania
It will help reduce Romania energy sector's carbon footprint by an estimated 500,000 tons of carbon dioxide equivalent emissions per year.
Thursday, 13 June, 2024
13:13
Green homes have 7 times lower energy consumption and 60% lower energy costs
Speedwell's developments pay particular attention to quality of life, both in terms of comfort and sustainable living.
12:58
Construction works begin on new Bellemonde residential complex
The construction of the Bellemonde project is scheduled to begin in June and will benefit from a total investment of over €40 million.
12:35
Romanian SMEs postpone equipping themselves with an integrated IT system
Romania continues to be among the least digitized countries, including in the private sector, on the European continent.
10:30
After 20 years, Tenaris is exporting over 97% of its production worldwide
Tenaris has transformed the former Silcotub and Calarasi facilities into a world-class operation within its global industrial system.
10:24
PeliPartners assisted Mitiska REIM with a development financing of €19 million
The loan proceeds are intended to fund the development costs associated with finalizing the retail park.
Wednesday, 12 June, 2024
14:11
eMAG Marketplace announces 23% growth for regional sellers in 2023
This growth was supported by the programs that eMAG developed in the last three years marked by investments that amounted to RON 251 million to support entrepreneurship.
13:07
IKEA Timișoara celebrates one year anniversary with over 4 million products sold
In the first 12 months, the store has sold over 4 million products and welcomed more than one million visitors.
13:04
eCommerce logistics provider HelpShip expands in CTPark Oradea Cargo Terminal
This strategic move is in response to the increasing demand for fulfillment and logistics services driven by the rapid growth of e-commerce in Romania.
10:52
Study: Consumers spend 30% more than last year on video on demand services
Households' average monthly spending on streaming video on demand (SVOD) platforms has increased by almost 30% compared to last year, from $48 to $61.
10:38
Lack of new office space in Bucharest forces companies to plan future leasing contracts
Very few projects in Bucharest are expected to be delivered in the next two years: only 15,500 sqm in 2024 and 8,000 sqm in 2025.
10:32
Eurowind Energy gets construction permit for Frumusita wind farm
The project also includes a connection contract to the network operated by Distribuție Energie Electrică Romania, ensuring the integration into the national system.
Tuesday, 11 June, 2024
16:46
OMV Petrom invests €750 million in Petrobrazi in production of sustainable fuels
OMV Petrom is building a facility for the production of sustainable aviation fuels (SAF) and renewable diesel (HVO[1]) and two facilities for the production of green hydrogen.
15:04
Bucharest sells over 50% more residential units than Timiș, Brașov, and Cluj combined
According to the data provided by the National Agency for Cadastre and Real Estate Advertising (ANCPI), 3,376 real estate units were sold in May 2024.
13:55
EY Future Consumer Index: Consumer optimism on the rise
Data security concerns: 61% of consumers are concerned with ID theft when sharing data, up from 55% 12 months ago.
13:47
JT Grup Oil successfully closes the initial public offering
The fuel supplier ran, between May 28 and June 10, an IPO through which it attracted RON 20 million.
11:40
Over €4 billion in non-reimbursable funds for business development and photovoltaic panel
The Modernisation Fund, Regional Programmes, Rural Development - Agriculture and Start-up Nation 2024 receive the largest allocations. Financial support ranges from €20,000 to over €57 million.
Monday, 10 June, 2024
16:49
H.Essers acquires French transport company TFMO
The acquisition of TFMO aligns perfectly with H.Essers' growth strategy, enabling the logistics company to expand its presence in France.
16:02
Carrefour inaugurates first hypermarket in Bacau
As a result of the integration of large-format Cora stores into the Carrefour universe, the retailer's hypermarket network reaches 57 stores open nationwide.
15:51
Deloitte Romania assists Affidea in taking over Medeuropa radiotherapy network
The transaction was signed in February 2024 and was completed recently, following regulatory and competition approvals.
15:08
Restart Energy One announces intention to issue new bonds on BVB
This is the company's second bond issuance after the one in 2021 when the company raised RON 164 million from investors.
14:46
Veolia strengthens leadership in ecological heating solutions in Romania, through the acquisition of NISAL
Through this acquisition, Veolia will accelerate the implementation of innovative green energy projects, harnessing shallow geothermal energy combined with heat pump technology.
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