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Energy – President Iohannis, welcomed by Azeri counterpart Aliyev in Baku. Romgaz and Socar will sign a new contract for the delivery of Azerbaijani...

President Klaus Iohannis was received on Thursday by his Azerbaijani counterpart, Ilham Aliyev, at the Zugulba Presidential Palace in Baku. The Romanian head of state, who is on a two-day official visit to Azerbaijan, was...

Real Estate – Globalworth: Romanian portfolio of the highest ESG credentials – Brief

Towards a sustainable future: 47 certifications received in 2022  Globalworth, the leading office investor in Central and Eastern Europe, consistent with its commitment at providing high-quality and enviromentaly friendly spaces to its partners and stakeholders, received...

Real Estate – Cushman & Wakefield Echinox: The CEE property investment market returned to growth in 2022, a positive evolution mainly driven by Romania...

The total volume invested in income-producing real estate assets – office, retail, logistics and industrial spaces and hotels – in the Central and Eastern Europe returned to growth last year, a positive evolution mainly...

Energy – Transposition of the Regulation on the taxation of the excess profits of energy companies, approved by Government – Brief

The Government approved the transposition of the Regulation on the taxation of the excess profits of energy companies, as a result of which 3.9 billion RON will be collected in a special fund, secretary...

Real Estate – One United Properties acquires an abandoned building in the historic centre of Bucharest, which will become a 5-star lifestyle hotel –...

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, continues its investments in urban regeneration with a new acquisition: an unfinished, abandoned building...

Hospitality – INS: Peak month for vacations was August, and for business trips, June and May – Brief

The peak month for holiday travel was, between January and September 2022, the month of August, both for domestic travel, with 20.8%, and for external travel, with 26.5% of the total of this type...

Energy – PM Ciuca: Romania is deeply interested in consolidating cooperation with South Korea in the areas of green energy and digital technologies –...

The Romanian Prime Minister, Nicolae Ciucă and the speaker of the Chamber of Deputies Marcel Ciolacu on Friday attended alongside South Korea’s Prime Minister Han Duck-soo a Romania-South Korea business roundtable. This was the last...

Real Estate – BAT Global Business Solutions to relocate to One Cotroceni Park office development – Brief

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the conclusion of a new important leasing contract in the office segment: Global...

Energy – Rezolv and Low Carbon announce 600MW of new onshore wind capacity in Romania – Brief

The capacity of the Adamclisi & Deleni wind farms in Constanța county combine to make this one of Europe’s largest onshore wind projects Rezolv also recently announced that it will deliver the Vis Viva wind...

Energy – Energy Minister Popescu discusses in South Korea cooperation in nuclear field – Brief

The Minister of Energy, Virgil Popescu, who is currently paying an official visit to the Republic of Korea, alongside Prime Minister Nicolae Ciuca, discussed cooperation in developing the Romanian nuclear programme and building of...

Real Estate – FAN Courier relocates part of its shipping activity in the P3 Bucharest A1 logistic park – Brief

P3 Logistic Parks (P3) welcomes a new tenant to the P3 Bucharest A1 logistic park community. FAN Courier, the leader in shipping services in Romania, has leased 5,000 sqm of storage and office space...

Agribusiness – 2022, a year of digitization for the agricultural insurance sector – Brief

Retrospective of the agricultural year 2022 for Agra Asigurări   2022 was a year of digitization for Agra Asigurări, the only insurer in Romania dedicated exclusively to the agricultural sector. The company has taken digitization to...

Real Estate – Profi and Logicor Romania sign extension lease agreement for c.52,000 sqm at Logicor Ploiesti logistics park – Brief

PROFI, the Romanian modern retail network with the widest geographical coverage in the country, strengthens the long-term partnership with Logicor, a leading owner and manager of logistics real estate in Europe, by signing an...

Real Estate – One United Properties acquires three historic buildings in the centre of Bucharest for new development, One Downtown – Brief

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the acquisition of three historical buildings in Bucharest with the purpose of restoring...

Real Estate – SkyTower signs new leases and welcomes three new tenants: ZoidPay, Kubeark and Certion – Brief

SkyTower Building, the tallest office building in Romania, has concluded three new lease contracts, welcoming Romanian start-up ZoidPay, software developer Kubeark and real estate developer Certion as the tower’s new tenants. Together, the three...

Real Estate – GTC welcomes Regus, part of IWG, as new tenant in City Gate – Brief

GTC Romania, a leading real estate company in Central and Eastern Europe, has signed a long-term contract with Regus, part of IWG, the world’s largest provider of hybrid working solutions, which will occupy 1200...

Energy – Enel X Romania was selected by Antibiotice Iași for the construction of a photovoltaic park of 2.5 MW – Brief

Almost 4,700 photovoltaic panels will be installed on an area of 3.14 hectares for the pharmaceutical company Antibiotice Iași; The facility will ensure an average annual production of 3,500 MWh and will contribute to a...

Real Estate – Akcent Development completes the tenant mix of the Eminescu Offices building by attracting Bringo within the project – Brief

The Eminescu Offices building, developed by Akcent Development in the central part of the Capital City and managed by the Asset Services team of Cushman & Wakefield Echinox, completes its tenant mix by attracting...

Energy – Tema Energy, provider of data center technology, expects business to exceed €11 million this year, a record in the company’s 20-year history...

Mihai Manole, managing partner at Tema Energy: More and more US, European and Romanian investors are looking to develop large projects The medium value of the projects has increased from 0.3 to 1 million euros...

Hospitality – Kiwi.com: How did 2022 look like for Romanian travelers? – Brief

Kiwi.com’s comprehensive view of global flight content, shows 2022 being the first year marking the return of normality after the Covid-19 pandemic, seeing not only the return in travel interest but an increase in...

Energy – Azerbaijan, Georgia, Romania and Hungary sign Agreement on Strategic Partnership in the field of green energy development – Brief

The Agreement between the governments of the Republic of Azerbaijan, Georgia, Romania and Hungary on the Strategic Partnership in the field of green energy development and transport was signed, on Saturday, at the Cotroceni...

Real Estate – Colliers: The vacancy rate for newly built modern offices is almost half compared to those of older buildings, tilting towards a...

The vacancy rate of modern offices, constructed in the last 10 years in Bucharest stood at around 10% mid-2022 compared to almost 18% for the buildings that were delivered up to 2012. This major difference...

Real Estate – Globalworth, the first investor and landlord to achieve Access4you® certification for its entire office buildings portfolio in Romania – Brief

Globalworth, the leading office investor in Central and Eastern Europe and the office market leader in Romania, has achieved the Access4you® certification for the entire portfolio of almost half a million square meters consisting...

Energy – Energy Ministry : Romania started the winter period with over 3 billion cubic meters of gas in storage – Brief

Romania started the winter period with over 3 billion cubic meters of gas in storage, all the necessary measures being implemented so that end consumers do not have problems in the supply of energy...

Real Estate – Logicor Bucharest I Logistics Park Mogoşoaia, fully developed and supporting customer growth – Brief

Logicor, a leading owner and manager of logistics real estate in Europe, has completed the development of an additional c.23,000 sqm in the state-of-the-art Logicor Bucharest I Logistics Park in Mogoşoaia, 12km northwest of...

Real Estate – JLL advised Euroest Car in a 9,500 sqm lease transaction with CTP – Brief

JLL Romania advised Euroest Car, a company specialized in the import and distribution of original car parts, in leasing 9,500 sqm in CTPark Bucharest Chitila, a class A industrial park owned by CTP Romania...

Hospitality – Kiwi.com: More than half of Romanians want to visit Christmas markets this year – Brief

8% of Romanians are planning on visiting Christmas markets this festive season Most Romanians booked city-breaks for their winter holidays The most popular winter destinations are cities in Italy, UK, Spain, France and Germany Kiwi.com, a travel-tech...

Real Estate – Cushman & Wakefield Echinox:The majority of real estate investors and developers active in Romania are looking to expand their portfolios in...

Real estate investors and developers active in Romania argue that inflation, the increasing financing costs, the geopolitical situation and also the increasing construction costs are the main macroeconomic factors which may impact the Romanian...

Real Estate – E.ON consolidates offices in Record Park Cluj-Napoca – Brief

E.ON Business Services Cluj, one of the largest employers and most active players in business support services field in Cluj-Napoca, will relocate their center to Record Park, the mixed-use project developed by Speedwell, and...

Real Estate – South of Bucharest is becoming a logistics hub: CTP expands CTPark Bucharest South industrial park to 150,000 sqm – Brief

CTP N.V. (CTPNV.AS), (“CTP”, the “Group” or the “Company”) Continental Europe’s largest owner, developer and manager of high quality industrial and logistics real estate by gross lettable area (“GLA”), is putting another pin on...

Agribusiness – Agroserv Mariuta posts sales of 54.9 million lei in the first nine months of 2022 – Brief

Agroserv Mariuta (BVB: MILK ), a Romanian agricultural company and owner of the Laptaria cu Caimac brand, posts sales of 54.9 million lei in the first nine months of 2022, a slight increase of 4% compared...

Agribusiness – Daea: In 2022, Romania to register the lowest corn production in the last 15 years – Brief

This year, Romania will register the lowest corn production since 2007 until now, the pedological drought reducing the harvest by approximately 40pct-50pct compared to previous years, Minister of Agriculture and Rural Development Petre Daea...

Energy – Restart Energy implements a new photovoltaic system for Metalul Mesa company worth EUR 195.000 – Brief

Restart Energy, one of the largest independent electricity suppliers on the local market, announces the signing of a new contract worth EUR 195,000 with Metalul Mesa S.A., for the installation of 295,2 kWp photovoltaic...

Real Estate – CTPark Brașov in Romania signs up with German high-tech manufacturer Diehl Controls as maiden tenant for planned EUR 40 Million R&D...

CTP, continental Europe’s largest listed owner, developer and operator of logistics and industrial real estate by gross lettable area, has welcomed Germany’s Diehl Controls, a leading global high-tech manufacturer, as the maiden tenant at...

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