Economy | 21 January, 2025 at 9:57 AM
SAP Romania exceeds 1000 employees
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
The Romanian land market totalled around €450 million in 2024, a figure similar to 2023, with the residential sector generating the highest volume of transactions, according to estimates by Colliers Romania.
Sales of houses and apartments increased by 7.6% in Bucharest and Ilfov region, in 2024, compared to 2023, according to an analysis by SVN Romania. During the same period, national sales increased by 6.6%.
Tresor Le Palais in Timișoara has joined the Curio Collection by Hilton brand, marking the first transformation of this kind on the local market.
Wallberg has obtained the construction permit and financing for the fourth residential building in the XCity Towers complex in Timișoara.
Lefties inaugurated its third store in Romania, on a generous 5,000 square meters area located on the Iulius Mall's upper floor.
According to the schedule agreed upon in the contract, the first trolleybus will be delivered in April 2025.
Primark Iulius Mall, part of the mixed-use Iulius Town, becomes the retailer's first location in the western part of the country and has created over 150 new jobs locally.
The building has been designed sustainably and aims for the BREEAM Excellent certification.
In the first 12 months, the store has sold over 4 million products and welcomed more than one million visitors.
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.
Located in Timisoara, the new center combines cloud and cybersecurity capabilities, offering customers a unique portfolio of cloud services.
Outside Bucharest, companies leased less than a fifth of the total traded area in Bucharest.
Hexing invests heavily in 8,000 sqm facility generating over 100 high value jobs in Timisoara, at Globalworth Timisoara Industrial Park I, assisted by CBRE.
Speedwell announces the start of construction works for the second residential building of the mixed-use urban regeneration project, PALTIM.
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
The company currently has a market share of between 7% and 15% in certain product segments, with a target of 3% growth over the next two years.
Romania, the main strategic partner of the Republic of Moldova – Reconfirmation by the visit of Prime Minister Dorin Recean to Terra Impex in the Vulcănești Free Economic Zone.
The transaction is financed through the NextGenerationEU program, with the financial support of the Government of Romania and the Government of Bulgaria, through the PNRR.