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Lawyer Alexandra Radulescu has joined law firm Dentons Romania as Counsel within the Litigation and Dispute Resolution Practice.
Turkish-owned real estate developer Opus Land, which developed the Cosmopolis residential compound in Bucharest, registered a turnover of EUR29.5 million in the first nine months of 2021, compared to EUR30.6 million for the full-year 2020, per data from representatives of SVN Romania, real estate consultant and exclusive agent of the project.
The World Bank on Tuesday (October 5) revised upwards its forecast on Romania’s economic growth to 7.3% in 2021, from a previous projection of 6% in June 2021, followed by a 4.8% GDP growth in 2022 and a 3.9% GDP growth in 2023.
Romania’s center-right government of Liberal Prime Minister Florin Citu has been toppled in a no-confidence vote on Tuesday (October 5), with 281 votes in favor of the motion.
Connections Consult, a company listed on the AeRo market of the Bucharest Stock Exchange, has acquired Brusch Services, a company specializing in IT consulting and software development services previously owned by Gustav Bruckner and Axel Schwartz.
Romania's central bank on Tuesday (October 5) raised its benchmark interest rate to 1.5% a year from an all-time low of 1.25% a year.
Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for the Funshop Park retail projects developed in Rosiorii de Vede and Focsani by Polish company Scallier, one of the most dynamic investors in small and mid-sized retail parks.
Lebanese-owned group Maria, which owns the companies Maria Trading and Agro-Chirnogi in Romania, wants to acquire Romanian company Agrirom.
Real estate consulting firm CBRE has recruited Joanna Sinkiewicz for the position of Head of Industrial & Logistics for eight countries in the region of Central and Eastern Europe (CEE), including Romania.
DB Schenker, a global provider of transport and logistics services, is set to open a new cross-dock terminal in Tetarom III industrial park, Jucu-Herghelie, 15 km away from Cluj-Napoca (northwestern Romania), in early 2022.
Book market players strove in 2020 to keep the market from plummeting and adjustment to the new context and the new reality of online sales brought a mere 7% market decline, compared with a 20% drop forecast at the pandemic onset, explained Laura Teposu, founder of online bookstore Libris.
Siemens Energy, the energy solutions giant spun off from Germany’s group Siemens, turns Romania's capital city Bucharest into its biggest recruitment center globally.
Farm and forestry equipment manufacturer IRUM, held by the Oltean family in Reghin, has invested over EUR7 million in retrofitting works and has launched a new forestry machine model, called TAF 690 S5, intended for the Romanian market and for the European and American markets.
Low-cost airline Wizz Air on Monday said it would operate flights on a new route, from capital Bucharest to Aqaba (Jordan), starting December 2021.
Bucharest-based Hagag H Victoriei 109 building will host the future headquarters of the European Cybersecurity Competence Center (ECCC), according to real estate data.
Romania's finance ministry on Monday rejected all bids for two treasury bonds worth a total RON900 million (EUR181.9 million) maturing in October 2034 and November 2024, respectively, central bank data showed.
Scandinavian furniture and home décor retailer JYSK is continuing its expansion in Romania by opening a new store, in the city of Pitesti, on October 7, reaching a 107-unit network.
Enrico Perini, the majority shareholder of Romstal Group, is providing EUR100,000 financing to Romanian startup Sypher within a financing round on crowdfunding platform SeedBlink, at the end of which Sypher aims to raise EUR550,000.
Green Resources Management, an organization that implements the extended responsibility of packaging waste producers (OIREPs) and is part of recycling group Green Group, has announced the appointment of Constantin Bratu to the position of general manager, effective October 1, 2021.
The Bucharest Stock Exchange (BVB) will have a new brand identity starting October 2021. Its new identity aims to reposition the brand as a suitable choice for the investments of each Romanian and a catalyst for the development of companies in Romania.18957 items