TechAngels members' investment intent for the second semester is €1.8 million, almost double the H1, a similar trend to last year.
Recent bilateral meetings with Türkiye's VP which took place in May 2024 showed that Türkiye's direct investments in Romania have reached $7.5 billion.
The future owners have announced plans for improvements to the resort, with the goal of re-opening it as a luxurious 5-star property and welcoming its first guests in 2025.
The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund.
Leading architecture firms from Great Britain and Romania played a key role in bringing the Café Athénée project to life, blending international expertise with local flair.
The country's energy landscape has shifted considerably since 2022, following the conflict in Ukraine.
With this strategic investment, the company reduces its CO2 emissions by 150 tons annually.
Romania's commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers.
In the pharmaceutical industry, in silico research is emerging as a game-changer.
In the African market, Qoobiss will distribute Origin, an innovative global platform for the complete digitalization of customer interaction
Investors originating from Belgium had the biggest share in Romania's commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
Romanian investors have bought office buildings, hotels in smaller towns or mountain resorts, two small shopping centers and portfolios of shops on the street.
The purchase of modern equipment will significantly contribute to increasing protection against overloads and short circuits.
Founded in 2014, La Cocos is a Romanian discount retailer currently operating three locations in Ploiesti and Bucharest.
The company Rețele Electrice Muntenia, has launched, the procedure for the acquisition of works worth RON 45.8 million, the beneficiary being the operator Rețele Electrice Banat.
Skinmed Clinic, one of Romania's most renowned medical centers, has opened a new facility in the Pipera area of Bucharest, backed by an investment of over €2 million.
The Confidence Index, which is typically linked to economic expectations, has climbed for a fourth consecutive semester to 118, from 58, in June 2022
TriGranit is one of the largest privately-owned real estate development platforms in CE, with over two decades of operations and has completed nearly 50 landmark projects.
A significant shift in the overall outlook and priorities of executives in the sector is uncovered, indicating a strategic reset is on the cards.
iO Partners has successfully provided development management services for a 126MW solar farm in the commune of Văcărești, Dâmbovița.
Romania is at 34% of the EU average in innovation in 2024, and the startup success rate is not above 10%.
The AADMS Integrated Platform, with the power grid analysis and modeling modules, will be realized through European fund.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
The collaboration involves key activities critical to the brand's long-term success in these new markets, including identifying and selecting franchise partners.
The BeeFast SaaS platform provides real-time visibility of delivery operations through an intuitive dispatcher tailored to the specific requirements of instant deliveries.