Latest news
Monday, 14 October, 2024
13:20
TOKEN Payment Services obtains authorization from the National Bank of Romania
TOKEN is the first payment institution authorized by the NBR to accept online payment operations and transactions at physical POS, following the PSD2 regulations.
11:50
Romania registers biggest jump towards energy-independent houses and company premises
More and more Casa Verde beneficiaries want to install photovoltaic systems to have zero energy consumption, not just to cover the minimum daily consumption.
11:29
Agroland Agribusiness acquires agro-industrial platform for seeds and grains
The platform acquired by Agroland Agribusiness is located on a plot of land covering 8,257 square meters.
10:41
Holde Agri Invest implements series of measures for recovery
Considering the difficult context, Holde Agri Invest's medium-term priority is to stabilize its financial situation and consolidate the business.
09:32
Finnish origin Wolt acquires Tazz, part of eMag group
he acquisition is expected to close in the next few months, subject to customary closing conditions and regulatory approvals.
08:56
Mitiska REIM opens new retail park in Pitești
Mitiska REIM has announced the opening of a new retail park in Pitești, the first of four new retail projects that the investor plans to open in Romania in the next two years.
Friday, 11 October, 2024
13:05
Lefties opens in Iulius Town Timisoara its third Digital Store in Romania
Lefties inaugurated its third store in Romania, on a generous 5,000 square meters area located on the Iulius Mall's upper floor.
12:45
European Investment Fund supports new housing for 3,500 students in CEE
Pledge, supported by InvestEU programme, marks first EIF-backed fund focused solely on social infrastructure in Central-Eastern Europe.
12:20
Atria Urban Resort announces completion of Phase III and prepares for Phase IV
Phase IV, the final phase of the residential project, has obtained the urban planning certificate and is in the documentation preparation stage for obtaining the building permit.
12:03
Romanian e-commerce ranks 3rd in Central and Eastern Europe
In 2023, Romanian e-commerce of goods and services reached €10.6 billion, representing 3.32% of GDP.
11:53
AGISTA announces exit from Dendrio Solutions and consolidation of its stake in Fort
AGISTA's investment in Dendrio Solutions generated an IRR of 22% and a return of 60% in two and a half years.
11:33
One United Properties shareholders approve share price consolidation at 50:1 ratio
At the Extraordinary General Meeting, shareholders approved the consolidation of shares at a ratio of 50:1, meaning that for every 50 shares, shareholders will receive 1 share.
08:26
Win an SEE Property Forum ticket by participating in our survey!
Join Property Forum's exclusive investment survey to voice your thoughts on the most pressing issues concerning the Romanian market. From inflation concerns to market expectations, your input will contribute to identifying trends, guiding decisions and shaping the course of Romania's investment journey. By sharing your perspectives, you not only contribute to shaping the future of the industry but also stand a chance to secure a free ticket to the highly anticipated SEE Property Forum & Awards Gala 2024 event.
Thursday, 10 October, 2024
20:23
Cityring Property explores new resi investment in Bucharest
Romanian developer Cityring Property is exploring a new residential development on a land plot of 6.5 hectares in northern Bucharest close to Atria Urban Resort, where it launched the last development phase.
16:27
Restart Energy completes a photovoltaic project for Fileca Industry
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
16:09
European Gen Z are more future-oriented than previous generations, with a strong sense of responsibility
Romania has a considerably higher rate of young people who make plans for their future (96%), among which 54% have well defined plans, compared to 40%, the European average.
15:39
REI Grup managed investment projects worth over RON 1.2 billion in "InvestALIM" program
InvestALIM results: out of a total of 37 companies - eight are projects successfully managed by the REI team.
15:24
Real estate and construction sector became second largest recipient of foreign capital in Romania
foreign direct investments in construction and real estate transactions have more than tripled in absolute value, increasing by €14.4 billion euros during the 2013 - 2023 period.
14:44
Financial controllers switching gears to proactively drive growth as big changes beckon for future role
Huge potential to shape Financial Controller role: 39% expect focus to shift to “value creation” but many not getting support needed to make this change.
14:34
Romanian investors lack confidence in property market and fear inflation
At the global level, the survey shows that the possibility of a recession for the global economy is the top concern for retail investors (23%) closely followed by inflation (22%).
Wednesday, 9 October, 2024
09:29
City Grill Group expands in Transylvania through partnership with Marty Restaurants
Under the partnership, the founders of Marty Restaurants will continue managing operations in their Cluj Napoca locations.
09:14
Norofert announces a corporate bond issuance of RON 15 million to support investments
The offering will include up to 150,000 nominative, dematerialized, unsecured, and non-convertible bonds, with a nominal value of RON 100 per bond.
09:00
Qoobiss changes its sales strategy and integrates new commercial approach
The new sales strategy is introduced alongside the launch of the Origin platform, a global solution that allows for complete digitalization of customer interactions.
08:53
Agra Asigurări: Compensation of RON 65 million for climatic events in June
The 2023-2024 agricultural season has been marked by extreme weather events, severely affecting farmers nationwide.
Tuesday, 8 October, 2024
16:04
Vodafone and Google deepen strategic partnership with ten year, billion+ dollar deal
The partnership aims to bring new generative AI (gen AI) powered devices through Google's Gemini models to millions of Vodafone's customers across Europe and Africa.
12:32
Impact Developer delivers 732 new apartments in GREENFIELD Baneasa
The new apartments are ready to welcome their owners, who can already move in, the process of signing the sale-purchase contracts starting with October 1st.
12:24
CITR: Number of impact companies in imminent insolvency increases by 18% in 2024
43% of all impact companies are restructurable or in imminent insolvency, and they generate 33% of the total turnover of impact companies.
11:25
tbi bank opens its own technology hub in Türkiye
The hub's HQ is in Istanbul, while most innovations come from its Research and Development (R&D) office at Zafer Technopark in Usak.
10:23
Home deliveries in Romania fall 20% in H1 2024
Romania's residential market recorded around 26,000 new home completions during H1 2024, down 20% over the same period of last year, according to Colliers data.
10:07
RRG to invest €60 million in Bucharest resi project
RRG Real Estate Group (RRG) says it will invest €60 million in a Bucharest residential project that will be delivered at the end of 2026.
10:01
Analysis: 1 in 3 customers complain about poor service in restaurants
Thanks to several top TV shows, chefs have begun to be viewed differently, and their professional challenges and work were understood and respected.
09:51
Colliers: Romanians are in one of best periods in history to buy a home
Relative to incomes, buyers are experiencing one of the most favorable periods in history to buy a home in Romania.
09:46
Emerging trends in labor market: half of companies are re-thinking their work strategy
25 billion working hours lost annually due to inefficient collaboration at Fortune 500 companies.
09:36
EU finance ministers welcome EIB Group initiatives to channel savings into productive investments
Plans discussed with European Finance ministers in Luxembourg will broaden financing options and tools available to scale up European innovative companies and unicorns.
Monday, 7 October, 2024
18:35
Selion Global Enters Romanian market in partnership with local executive search expert
Selion Global Romania distinguishes itself by offering a range of leadership solutions that go beyond traditional executive search.
09:55
Alsin delivers 1st phase of First Estates Pipera and invests €20 million in second phase
The first phase of First Estates Pipera, comprising 232 apartments, has already been sold in a proportion of over 95%. The delivery of the units to the buyers is in progress.
09:51
Deloitte Romania assists Alfa Group in acquisition of IRIDE Park office project
IRIDE is the first and one of the largest business parks in Bucharest, located in the Pipera area.
09:19
Alsin invests €20 million in second phase of resi project near Bucharest
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
Friday, 4 October, 2024
10:59
Accor achieves 1,000 Mercure hotels milestone
The 1,000-hotel milestone was achieved in 2024 with a spate of standout openings that included Mercure London Earls Court and Mercure Chandigarh Tribune Chowk.
10:53
EVOLOR inaugurates new factory on Oltchim industrial platform
The paint and varnish manufacturer EVOLOR, inaugurates a new high-performance production facility, on Oltchim industrial platform, following an investment of €3 million.
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