Bookster, known for the service that intermediates the connection between physical libraries and company employees, signed with real estate developer Genesis Property, a company held by Romania’s largest office space owner Liviu Tudor, to lease a space within Bucharest’s YUNITY Park project for a ten-year period, starting December 2022.
Medical group Provita, majority held by Medlife, has opened its first clinic outside of capital city Bucharest, in Suceava (north-eastern Romania), following an investment of EUR2.5 million.
Popeyes, the US restaurant chain that entered Romania this spring, in a franchise system, has reached five units so far and by yearend is set to open another restaurant in Bucharest.
The asking rental prices for new apartments in Bucharest continued their upward trend in the third quarter of this year, compared with the same period last year, a survey by Premier Estate Management and Imobiliare.ro shows.
Bucharest’s four-star Cismigiu hotel, one of the city’s monument buildings, controlled by Spain’s Hercesa, expects to generate EUR1.45-1.5 million turnover in 2022, according to Mirela Cojocaru, the hotel’s general manager.
Interior design company Chairry in October opened a showroom on Fabrica de Glucoza street of Bucharest and for the coming years mulls expanding its foothold via investments in several units nationwide, according to Raluca Dorobantu, managing partner, Chairry Design & Furniture.
Romanian cosmetics producer Farmec Cluj Napoca is opening a new Gerovital store in Bucharest, in Mega Mall shopping center, thus reaching 21 units under the brand.
TESLA Group, a producer of energy equipment and energy storage systems, is set to bring Terra storage battery for commercial use to Bucharest next Friday during the Solar Energy Bucharest Summit event.
Everience - part of the Helpline group, which provides IT support services Europewide and grew to 350 employees in Timisoara in nine years, has decided to expand to Bucharest.
Paval Holding, the Paval brothers' company that also owns Dedeman, is close to buying the first phase of the U Center office space development in the Tineretului area in Bucharest from Forte Partners, real estate market sources say.
The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus July, shows the ZF Real Estate Index done in partnership with real estate consulting company SVN Romania.
Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul Financiar (ZF) daily.
Pharmaceutical manufacturer Biofarm (BIO.RO) has reached total investments of over EUR44 million in its new plant inaugurated in capital Bucharest in 2021, which is the largest greenfield investment in the Romanian pharmaceuticals sector.
Real estate developers acquired land plots worth a total EUR720 million in capital city Bucharest over the last two and a half years (between 2020 and the first half of 2022), almost double the level recorded between 2017 and 2019, as per data from real estate consulting firm Cushman & Wakefield Echinox.
Astra Vagoane Calatori, a major player on Romania’s rolling stock market, controlled by Valer Blidar, will deliver the seventh tram for Bucharest and is set to reach 17 trams overall by yearend.
Booking Holdings, a global provider of online tourism services and related services, has officially opened the first Center of Excellence, in capital Bucharest, an investment estimated at EUR100 million over a five-year period that aims to create 500 jobs.
Humanitas bookstore chain, a major player on Romania’s book market, is opening a new bookstore in Bucharest, its fifth, in a monument building on Lipscani 42 street of Bucharest’s Old Town, close to Carturesti Carusel bookstore.
Promed System, which controls two Wellborn hospitals in Bucharest, has opened a maternity within Militari hospital with two surgery halls and 12 places.
Prices of Bucharest’s old three-room apartments dropped, on average, by EUR150 or 0.1% in August month-on-month, to EUR109,100, shows ZF real estate index compiled with real estate consultancy SVN Romania.
Bucharest’s Royal Hospital, founded by gynecologist Ioan Stoian, has budgeted 15-20% higher turnover for 2022 and will add two floors next year, according to its officials.