Infineon Technologies Romania, the local division of Germany’s Infineon, a world leading semiconductor manufacturer, has decided to go with One United Properties (ONE.RO) for a building to accommodate 2,000 employees, which will be developed on Dimitrie Pompeiu Boulevard, across the street from the Pipera subway station in Bucharest.
International rating agency Moody’s Investors Service (Moody’s) has affirmed the Romanian Government's long-term Issuer and Senior Unsecured Ratings at Baa3 and has also affirmed the Senior Unsecured MTN program Rating at (P)Baa3.
German group Geiger, one of first German construction firms in Romania, known for road and highway construction, is entering a new market segment via a turnkey construction department, which already weighs 23% in turnover.
The volume of investments on Romania office segment reached EUR15 million in the third quarter of 2023, with the overall volume expected to revolve around EUR69 million for 2023, in line with data provided by real estate consultancy CBRE Romania.
Sibiu-based Simpa, a producer of bread, cookies and other patisserie products, has reached 30 own stores, which generated around 70% of the 2022 turnover of RON119 million.
Romania’s e-commerce market will maintain its growth pace, being strongly supported by the yearend, according to the representatives of PayU GOP Romania, a major online payment services provider locally.