Economy | 11 April, 2025 at 2:00 PM
Global number of wealthy individuals grows in 2024
The number of high-net-worth individuals (HNWIs) globally has seen a significant rise, according to Knight Frank's latest Wealth Report.
The number of high-net-worth individuals (HNWIs) globally has seen a significant rise, according to Knight Frank's latest Wealth Report.
Romania produced 219,000 tonnes of oil equivalent (toe) in January 2025, down 4.5% compared to the same period of the previous year.
Romania's land market demonstrated robustness in 2024, registering a transaction volume similar to 2023, of around €450 million, despite economic and political uncertainties, according to a Colliers report.
World Bank indicators show a favorable business environment in Romania, but corruption remains a challenge.
The three ingredients of success (or failure) for startups in 2024, which looks into the factors that contribute to the success or failure of startups.
Between 2015 and 2022, European companies invested €700 billion less in technology than US competitors.
65% of all big pharma revenues now come from dealmaking, confirming a need for robust inorganic growth and value creation strategies.
Global mobility functions are increasingly seen as strategic partners, with 89% anticipating their program will remain or become more strategic in the next 12-18 months.
The first research, Artificial Intelligence and Electricity: A System Dynamics Approach, examines four possible scenarios for AI's electricity consumption over the next decade.
Beyond those already listed, a major challenge is that 54% of IT executives expect budget cuts, while 10% of respondents anticipate an increase in spending on innovation.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.
The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.
Investors are still on hold today. As Property Forum's recent survey showed, two-thirds of investors are expected to continue to take a ‘wait and see' stance and look for a better vision of the future in the coming period. But, as the speakers of the investor expectations panel of SEE Property Forum 2024 showed, there are opportunities available all over CEE, including Romania.
Nearly 60% of respondents see the potential of e-invoicing and digital reporting for trade to simplify compliance.
SEE Property Forum 2024, Romania's leading international real estate event, brought together top economic minds to debate the effects of the economic convergence process in the region and also the current and future economic outlook of CEE.
Property Forum is excited to announce the winners of its annual SEE Property Forum Awards for 2024. The winners of each category were selected from our shortlist by the jury committee, comprising the leading players in the Romanian real estate industry. The awards, celebrating the best projects, most impactful transactions and most inspiring personalities of the Romanian market, were presented at our awards gala in Bucharest, part of the annual SEE Property Forum conference.
Validation of near-term and long-term science-based greenhouse gas emission reduction targets to reach net-zero by 2040.
The total 2024 new supply is due to reach around 500,000 sq. m, out of which over 50% are located in Bucharest - Ilfov, West and South - Muntenia.
According to the report, the global economy reached a trough in the first half of 2024, with the outlook for the end of this year and 2025 indicating a modest rebound
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,