The average budget for experiential gifts has reached RON550 in 2024, according to representatives of Complice.ro, the online store providing various packages containing multiple experiences for individuals and companies.
CEC Bank, the third largest bank in Romania by assets, is listing on Friday (Dec.20), on the Regulated Market of the Bucharest Stock Exchange (BVB) a EUR300 million issue of senior non-preferred unsecured bonds, eligible in the light of the MREL requirements.
Hospitality entrepreneurs and travel agencies are calling on Romania government to give up its plan of doing away with holiday vouchers starting next year, as stipulated by an emergency ordinance under discussion, warning such a decision will have an extremely negative impact over tourism businesses.
Romanians are more pessimistic in 2024 compared with 2023, reveals a survey conducted by EY, with 67% of respondents expecting the economic situation to worsen, 7% more than in the previous year.
British group M Core has signed for the acquisition of seven strip malls from MAS Real Estate for EUR49 million.
Nusco, one of the leading and most active real estate market players, has sealed the partnership via which Hyatt will open its first hotel unit in Bucharest, in one of Romania’s largest urban regeneration projects, Nusco City.
Mihaela Matei, HR lead Romania, Türkiye, Cyprus and Serbia at DP World, one of the largest port operators globally, says the company expects to boost its number of employees in Romania by 10% in 2025.
Alex Melcovich BH SRL, a Merlins Beverages group company, expects to finalize the investment it has in progress in June, for which it will receive state aid through Government Decision No. 959/ 2022.