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STRABAG has played a pivotal role in modernizing Romania's infrastructure and transforming its urban landscape.

The company also seeks the approval of the election of the members of EVERGENT Investments' Board of Directors for a 4-year mandate, as well as the directors' remuneration policy.

The project will be developed on a total land area of ​​65,000 sqm and will comprise 140 villas with a total built-up area of ​​32,000 sqm.

To execute these projects, the two companies intend to utilize their own financial resources, bank financing, and European funds.

Homing Properties will invest €35 million in the construction of 140 villas in Pipera, near Bucharest. 

Property Forum is excited to announce the shortlist of nominees for its annual SEE Property Forum Award Ceremony which celebrates the best projects, most impactful transactions and most inspiring personalities of the Romanian market. This year our team has received a record number of nominations so narrowing the list down was not an easy task. The winners will be selected soon by a jury committee comprising leading real estate professionals and the recipients will be announced at our Awards Gala on 22 October, part of our annual SEE Property Forum conference.

NEPI Rockcastle has completed the expansion works for the Shopping City Ploiești project. 

In addition, international studies show that firms that do not have a negotiation process to use in their relationship with business partners can suffer revenue losses.

The partnership aims to promote and facilitate more inclusive working and shopping spaces for nearly 1 million Romanians with disabilities.

Raise Hub empowers European startup founders to manage their fundraising, making access to capital more flexible and accessible by leveraging SeedBlink's digital infrastructure.

Revenue from the sale of fertilizers reached RON 10.7 million, up 10% compared to the same period last year.

The "Software Development" division contributed 31% to the operating revenues for the first half of 2024, while the "IT, Infrastructure, and Cloud" division contributed 68%.

The average instalment for buying a one-bedroom apartment in Bucharest came to hold a percentage of about 40% of the average wage at a national level, down from 43% a year ago.

Pentra is a cybersecurity start-up founded by high school students, the youngest team EGV has ever invested.

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.

iO Partners, a JLL Preferred Partner, has teamed up with Bright Spaces proptech to provide its clients with a 3D space planning tool. 

With sales valued at nearly RON 500 million and a turnover exceeding RON 60 million in 2023, Bringo anticipates similar performance in 2024.

Bucharest, often referred to as "Little Paris," has been one of the fastest-growing cities in the European Union over the past two decades.

The investment plans now being developed in these 15 countries, as a phase 1, are expected to make up a significant proportion of that financing effort.

PPC Group was named one of the "Most Honored Companies", an exclusive title awarded to just 33 out of 332 evaluated companies in Emerging EMEA region, placing PPC in the top 10%.

The ratio of Private Equity investment value to Romania's GDP is just 0.041%, ten times lower than the similar ratio at the European level.

Harvesting began earlier in August due to intense heat, and the weather conditions led to accelerated ripening of the grapes.

This is the conclusion of the study EXPUS in the Election Year conducted by Golin Romania, through Path, in collaboration with iSense Solutions.

As for the 2023-2024 autumn cropping season, it produced total harvests of 43,621 tons, up 8% compared to the previous crop year, of which 2,300 tons were organic crops.

Romanian businesses, citizens, and public institutions can now use Evrotrust's platform for secure digital services like identity verification and cross-border transactions.

The new pick-up points in the Diverta network will streamline the order collection process, enhancing accessibility for customers in major cities.

In the first 6 months of 2024, 68,223 new companies were registered, this being the lowest value in recent semesters, including the first semester of 2019.

PragmaGO provides financing to SMEs in the form of factoring and loans, mainly through embedded finance, unique services that are directly integrated into the ecosystem of partners.

MOL has also signed a Memorandum of Understanding with SOCAR to evaluate further potential cooperation opportunities in the area of hydrocarbon exploration in Azerbaijan.

The event, now in its 12th edition, will take place this year in Oradea, having Oradea City Hall as partner, with the support of Bihor County Council and Visit Oradea.

The Romanian-German Chamber of Commerce and Industry (AHK Romania) will host the 12th edition of the Cities of Tomorrow conference on October 24-25, 2024. This year's event will be held in Oradea, in partnership with Oradea City Hall, and supported by Bihor County Council and Visit Oradea. Property Forum is the media partner for this exclusive event.

Sum for low-and middle-income economies was $74.7 billion, including $24.7 billion for climate change adaptation

The logistics automated center inaugurated today features one of Romania's largest high-bay refrigerated warehouses, reducing the carbon footprint of logistics and storage.

Global hospitality group Marriott International will open three new hotels in Romania in the next five years as part of a partnership with a local investor.

Percentage of consumers intent on buying an electric vehicle (EV) rises just three percentage points year-on-year (to 58%) with lack of charging infrastructure a widely cited issue.

With 50% of global plastic waste ending up in landfills and only 9% recycled, GR3N developed MADE, the Microwave Assisted DEpolymerization solution.

The factory inauguration marks the successful completion of a 2-year-long project and sets the ground for commercial production in early 2025.

Romania's industrial stock totaled 7.3 million sqm during H1 2024, while new projects spanning 700,000 sqm were under various development stages, according to a report by Colliers.

NewCold, specialized in automated and cold chain international logistics, has entered the Romanian market through a 9-hectare land plot acquisition from WDP in northern Bucharest, for an undisclosed sum. The land is located close to the new A0 ring road of Bucharest.

The entrepreneurs penetrated the market with a service-oriented business, establishing as a team with niche expertise in developing marketing strategies for restaurants.