Romania Feed

The property investment volume in Romania in 2020 is estimated at EUR900 million, 30% higher compared with 2019, real estate consultancy company JLL said in a report Thursday.

Deliveries contributed more than 20% to the revenue of restaurants, coffee and cake shops, so Romanian consumers spent about EUR500 million in 2020 to get the food, coffee and cakes they would previously eat when going out delivered to their homes.

Romania's general consolidated budget posted a deficit of RON101.92 billion in 2020, or 9.79% of the gross domestic product, finance ministry data showed.

The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans.

Romania's gross domestic product grew 4.1% in real terms in 2019 compared with 2018, semi-final data from the country's statistics board confirmed Thursday.

Mars, Incorporated today launched #HereToBeHeard, a new global crowdsourcing campaign that elevates the voices of women from all intersections – including race, age, sexuality, religion and ability – to help shape a more inclusive business environment and create a world where all women can thrive.   As part of the company’s Full Potential platform for action on […]

Vodafone Romania has been certified as Top Employer by the Top Employers Institute, a global authority on recognizing excellence in Human Resources practices.

Digital Kitchen, a company focused on E2E implementation and the creator of digital project management as a service enters into a partnership with VTEX, one of the largest eCommerce platforms in the world, with an office in Romania as well. This partnership will help online stores to migrate to a top platform and, indirectly, will […]

TechAngels, the largest network of angel investors in Romania, invested EUR 4 million in 75 startups throughout 2020. 60 of those are brand new entries in the network’s portfolio, while the remaining 15 also received funding from the investors in 2019. The portfolio of TechAngels members now includes 175 startups in various sectors, yet all […]

One United Properties announces the lease agreement with Superbet for an 8,206 square meters office space in One Cotroceni Park building. Superbet will thus move its offices within the mixed project One Cotroceni Park, the largest urban regeneration project in Bucharest developed by One United Properties in Cotroceni area, near Academia Militară. The new office […]

Element Industrial announces the start of a new project, in Buftea Chitila area: Eli Park 3 logistics development, with an area of 72,000 square meters, a total investment of 37 million euros. The new logistics park will be built in several phases, the first consisting of a distribution center of 18,500 square meters.   The […]

Romanian software solutions provider Atta Systems (formerly known as AB4 Systems) on Wednesday said it would open an office in Singapore, whereby it seeks to encourage digital transformation in the region by providing services of software development and software products strategy, thus consolidating its activity in Asia.

Dunwell, the only exclusive real estate broker in Romania has secured the relocation of Boutique Mall in a new warehouse of 3.700 sqm within CTPark Bucharest North Boutique Mall, one of the largest online retailers of casual and luxury footwear and clothing in our country, relocates its logistics from downtown to North Bucharest, in an […]

EY announces an ambition to be carbon negative in 2021 by setting targets to significantly reduce its absolute emissions and removing and offsetting more carbon than it emits.   “EY’s goal to reduce its carbon footprint reflects our people and business partners’ expectations from us to play an active role in addressing climate change and […]

More than half of Romanian SMEs have encountered problems in collecting invoices in 2020, which has led to an increase in the need for market financing, according to a study conducted by the National Council of Small and Medium Private Enterprises in Romania. In this context, Instant Factoring, the first Romanian fintech that offers online […]

Boutique Mall, an online retailer of footwear and casual and luxury apparel in Romania, is relocating its logistics operations to the CTPark Bucharest North logistics park, within a Class A warehouse of 3,700 square meters, recently built by CTP, the leading developer and manager of premium industrial and logistics parks in Romania and Central and Eastern Europe.

Stress is a natural feeling of not being able to cope with events and specific demands. There is stress in business and stress in studying. Over time, it could become a chronic condition if you don’t take the right steps to manage it. However, these demands can come from excessive training, doing a lot of […]

When you file a tax return, either with the state or the IRS, your tax return might be subjected to an audit by the IRS. According to law, the IRS has the authority to randomly or intentionally review your tax returns to review the information you provided and even check the history of your taxes […]

The COVID-19 pandemic caused a lot of distress on the market, with transactions postponed and uncertainty rising, but there is increased optimism among stakeholders who expect further growth in M&A activity in Romania in 2021, a KPMG survey showed Wednesday.

Superbet, the biggest sporting bets operator in Romania and a major regional player, will relocate its teams under the same roof in the One Cotroceni Park building, where it has leased 8,206 square meters of office space.