The European Union member states with the highest current account deficit in the fourth quarter of 2024 were Romania (minus EUR9.4 billion, compared with minus EUR8.5 billion in the third quarter of 2024) and Greece (minus EUR7.3 billion), as per the latest report by the European Statistical Office (Eurostat).
Skanska has signed an agreement to sell the first phase of Equilibrium office complex in Bucharest to Gordiusz Private Equity Fund, managed by Gránit Asset Management.
Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers.
International Finance Corporation (IFC), a World Bank member, is supporting a $42 million equivalent debt financing package to Agricover Credit IFN, Romania’s largest non-banking financial institution specializing in agriculture.