German group Miele has appointed Bogdan Bayer as Country Manager for Romania, Bulgaria and Serbia. He will coordinate the strategic and operational development of the business on the three markets.
Almost three in ten entrepreneurs in the hospitality industry participating in a survey conducted by the Federation of Romania Hospitality Industry Employers (FPIOR) say there is the risk they may be forced to shut down their business in the next 12 months, while almost 79% intend to curb, freeze or renounce investments amid falling client numbers and tax pressure.
Bucharest’s office market continues to strengthen its fundamentals, supported by a recovery in occupier demand driven by new lease transactions and expansions, against a backdrop of limited new supply, up from 53% during the same period of 2025, reveals Marketbeat Office Q2 2026 report published by Cushman & Wakefield Echinox.
Despite all crises and the economic slowdown of recent years, Romanians have kept amassing wealth, with households’ net wealth tripling in the past two decades, to over RON2,000, equivalent with Romania’s GDP, in line with BNR data.