Latest news
Wednesday, 18 September, 2024
13:00
VAT Romania breaks ground on factory in VGP Park Arad
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.
12:29
RebelDot triples AI & Data team, becoming a leading AI company in Romania
The company now boasts a team of 35 AI specialists delivering innovative solutions to clients across various industries, both locally and internationally.
12:24
One United Properties partners with Paris Society to open a Bonnie restaurant
With a catalog of more than seventy venues, the Paris Society group, part of the Ennismore Group, is a key player in the French hospitality sector.
12:11
Almost 40% of households struggle to pay electricity bills
New report finds $115 trillion in power-sector investment needed for net-zero goals and guides energy providers on how to drive an equitable transition for consumers and themselves.
09:12
IBB Holding to sell bonds on Bucharest Stock Exchange
Romanian construction group IBB Holding will issue euro-denominated bonds and list them on the Bucharest Stock Exchange, following a decision of its shareholders.
Tuesday, 17 September, 2024
13:30
AKTOR dug almost a kilometre of tunnels for Brașov-Sighisoara railway project
These two tunnels through the mountain, which will each be 6.9 km long, are part of the future Brașov-Simeria railway line, from the Rhine-Danube Corridor.
12:52
Generational differences shape HR policies in Business Services Industry
The biggest challenges for this industry are related to human resources, finding suitable and experienced employees, as well as adapting HR programs for each generation.
12:31
CIS Group builds a 23 MW photovoltaic park in Copsa Mica
The new photovoltaic park will generate a significant amount of green energy annually, reducing the carbon footprint and diversifying the energy sources available in the market.
12:04
ING launches Business Deals, a platform with negotiated offers for entrepreneurs
Entrepreneurs have automatic access to offers, directly from ING Business, the internet banking platform dedicated to them.
11:55
WWF: 800 million tons of plastic are produced this year worlwide
60% of Romanians believe that financial or legal sanctions would be the best measure against littering.
11:43
Sofmedica Group at 30 years of activity: over €55 million invested in the region
To date, more than €7 million has been invested in developing comprehensive educational programs tailored for healthcare professionals.
11:28
Garbe explores entry into Romania
Germany's Garbe group, specialised in industrial investment, is looking to start operations in Romania and develop its first local projects.
11:16
Pluria announces major app upgrade to support hybrid work collaboration
The increase in workdays within the Pluria network highlights the growing trend among remote and hybrid teams to adopt coworking spaces and work-friendly cafés.
11:04
Macromex launches "Nurturing Goodness Together" volunteer program
The initiative debuts with an impressive collaboration alongside Social Food, a program of the association founded by chef Adrian Hădean, and the Bucharest City Hall.
10:56
DHL Express adds aviation capacity and prepares for demanding 2024 peak season
Investment of more than €100 million to increase shipping capacity in the fourth quarter of 2024.
10:48
Renewals drive office leasing in Bucharest during H1 2024
Contract renewals accounted for approximately 50% of office transactions in Bucharest during H1 2024, while the total demand fell to around 160,000 sqm, according to a Colliers report.
10:45
Youni raises $1 million investment with Early Game participation
The new round, worth $1,000,000, was led by the Czech fund Soulmates Ventures. Early Game previously invested in Youni, through Early Game Fund I.
07:12
Iulius kicks off €40 million mall expansion in Suceava
Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.
Monday, 16 September, 2024
17:25
Wienerberger reopens brick factory in Berca after €25 million investment
The event marks an important moment in the company's development, which aims to offer innovative products and solutions for durable construction.
13:54
ALD Automotive and LeasePlan changes name to Ayvens
ALD Automotive and LeasePlan launches in Romania, Ayvens, its new global mobility brand, uniting the two companies together under a single common identity.
11:50
Customer loyalty protects traditional banks from fintechs gaining ground
Nearly three-quarters (73%) of European bank customers have kept their primary account with the same financial institution for over five years.
11:38
Oves Enterprise: IT service budgets shrinked 20% in just two years
Romanian programmers have started to accept lower salaries due to the decrease in projects and increased competition
11:32
Nestlé practices hybrid work, in accordance with employees preferences
For many professionals, flexibility in the office schedule has come to be more important than the financial package.
Friday, 13 September, 2024
11:44
Apple's new iPhone launch boosts chip manufacturers
Despite a cold reception from the market, not all news from the Apple launch was bad for the industry. Analysts are noting that the new generation will help Qualcomm and Broadcom.
11:31
Premium villa demand increases in Norhtern part of Bucharest
In Pipera, an area of significant interest for villa buyers, the price of land has risen from €400/sqm in 2022 to €1,000/sqm in 2024.
11:22
LSEG (London Stock Exchange Group) in Romania certified as a Great Place To Work
LSEG Romania is one of the Group's largest Technology and Operations hubs across the world, with more than 1,000 employees in Bucharest.
11:15
Rețele Electrice Dobrogea invests RON 162 million in Calarasi energy infrastructure
The network in the area will be extended by more than 32 km for the medium-voltage segment and by another 8 km for the low-voltage segment .
Thursday, 12 September, 2024
13:59
Fuchs Condimente Romania doubles its production capacity at Curtea de Arges plant
In the next phase, the expansion of the logistics and production center in Romania involves investments in machinery and process automation.
12:34
77% of companies believe that biggest challenge of 2024 is managing rising costs impact
55% of companies managed to increase their sales in 2024 by adding new products/services, 52% by increasing investments in marketing, and 38% by opening new distribution channels.
12:29
FIC: Fiscal stability and predictability are vital for a relationship of trust
Failure to comply with proper timelines for public consultation in the legislative process is a negative signal that increases the degree of uncertainty for the future of investments in Romania.
12:14
Connections announces a record net profit of RON 4.6 million in H1 2024
Connections reports double-digit growth in H1 2024 in key indicators, including a reduction in debt levels, and continues to anticipate an even better second half of the year.
12:02
Dacia Logan celebrates 20 years and launches a limited edition
Dacia is celebrating two decades since the sales debut of the first generation Logan with the launch of a limited anniversary series of its B-segment sedan.
11:49
Asset management industry net value registers a 46% growht between 2013-2023
The number of investors in investment funds also crossed the 700,000 threshold, an advance of more than 37% since mid-2023 and 8.6% since the first quarter of this year.
08:42
SEE Property Forum Awards 2024: Nomination period extended
Property Forum's annual SEE Property Forum Award Ceremony will take place during SEE Property Forum on 22 October 2024. The list of award categories is already available and the nomination period has just been extended by four days until September 20th. In this article, we answer all potential questions related to the nomination process and explain how the winners will be selected.
Wednesday, 11 September, 2024
11:58
TechAngels Romania announces direct investments of €1.02 million in startups in H1 2024
TechAngels members' investment intent for the second semester is €1.8 million, almost double the H1, a similar trend to last year.
11:01
Simtel posts revenues of RON 98.1 million and net profit of RON 6 million in H1 2024
In the first half of 2024 and subsequently, Simtel signed two significant contracts worth €19 million (within a partnership in which Simtel holds 50% of the profits and losses).
10:55
Energy startup Ogre AI secures €3 million investment round led by VERBUND X Ventures
The new funding round will help Ogre AI to further expand its technological capabilities and strengthen its market presence.
10:52
River Development moves all projects under Sema umbrella
Romanian investor and developer River Development has announced its rebranding as Sema Real Estate, with all current and new projects to be reunited under this umbrella.
10:45
Romanians spend more time in malls, even if it takes them longer to get there
As cities expand, the distances between residential neighborhoods and commercial centers grow, yet the number of visits to shopping malls continues to rise.
10:16
River Development becomes SEMA Real Estate
The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars.
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