Romania Feed

Darian Vicol, co-founder of Vagabond Studio/Made by Society, one of the most powerful Romanian fashion brands by sales and store network size, says that in the coming period the company is going to focus on foreign expansion, to other European countries.

How to Web brings together this September digital professionals and enthusiasts, at a new conference edition in Bucharest. Among the global leaders who will step on stage, we can now find one of the most recognized voices in the world of digital and tech products — Bruce McCarthy.    Bruce McCarthy is an author, speaker, […]

Real estate developer One United Properties (ONE.RO) seeks to raise RON470 million for its projects in several phases. In comparison, its IPO in the summer of 2021 helped raise RON260 milion.

Iproeb Bistrita (IPRU), one of the largest manufacturers of electrical cables and conductors in Romania, with a more than 40-year history, notified the Bucharest Stock Exchange on Monday that it had completed a share capital increase operation, raising RON23.3 million from investors or 72.56% of its offering.

Romania's finance ministry raised RON1.3 billion on Monday (July 4) from banks via two government paper auctions at annual average yields of 8.75% and 8.80%.

Romania has become a very attractive market for the international retailers interested in leasing large surface areas, often covering over 1,500 – 2,000 square meters, in parallel with the plans of retailers already present that seek to expand, and it is clear that capital city Bucharest can host another shopping mall of 100,000 sqm, stated Carmen Ravon, Head of Retail Occupiers CEE at CBRE Romania.

The International Finance Corporation (IFC), the investment arm of the World Bank Group, has granted a loan of EUR85 million to Globalworth Holdings Cyprus Limited, fully owned by Globalworth Real Estate Limited (GREIL), aiming to promote and expand green projects in Romania.

AmCham Romania released the results of the fourth edition of the Business Barometer survey on the quality of the investment climate, which reveals a confidence close to the pre-pandemic levels and an optimistic outlook both short-term (12 months) and mid-term (three years), confirmed by consistent investment intentions.

Romanian electricity supplier Electrica Furnizare was chosen by automotive component supplier Eckerle Automotive to carry out the turnkey construction project of a photovoltaic (PV) solar power plant with an installed capacity of 314.82 kWp and an average annual electricity production estimated at 339 MWh.

Real estate developer One United Properties (ONE.RO) on Monday said D Craig Holding, an entity in close connection with Augusta-Valeria Dragic, a member of the company’s Executive Board, has acquired 1.65 million ONE shares at a price of RON1.3258 per unit.

MedLife (M.RO), the leader of the Romanian private medical services market, on Monday (July 4) announced in a stock market a new large-scale partnership, following the signing of the acquisition of the majority ownership stake in wellness center network Sweat Concept.

Favorite areas for Spanish investors in Romania are real estate market, the construction field, but also the IT&C sector. Also, green energy and retail are among the top sectors in our country that attract investments from Spain, according to the information from the ASEMER Association – an association of Spanish investors in Romania.   Spanish […]

Romania' s government has decided to gradually close down coal-fired power plants and coal mines until 2032 in a move to decarbonize the country's energy sector, according to the energy ministry.

The stock of modern retail spaces will reach approximately 4.2 mln. sqm in 2022, including 140,000 sqm that will be delivered by the end of the year, according to the Romania Retail Destinations 2022 research special report, launched by CBRE Romania, the leader of the real estate consultancy market. It could sound impressive still it […]

Analysis from leading global management consulting firm Kearney has found that has 21% of Europeans in 2022 never visit a bank branch and carry out their banking remotely – a figure that almost doubled in the pandemic, rising from 12% in 2019.     Now in its 13th year Kearney’s European Retail Banking Radar is […]

IPO (Initial Public Offering) momentum continued to slow from the first quarter into the second quarter, resulting in a considerable decline in both deal numbers and proceeds, according to the EY Global IPO Trends Q2 2022. .

IMMOFINANZ, one of the largest players on the local real estate market, announces the signing of a 25-year lease for 6,500 square meters in myhive Victoria Park to Leventer Medical Group, one of the most important  private skin health operators in Romania.   The leased area will host  Leventer Hospital, the country’s first private dermatology […]

IMMOFINANZ, one of the largest players on the local real estate market, on Monday announced the signing of a 25-year lease for 6,500 square meters in myhive Victoria Park office project to Leventer Medical Group, one of the most important private skin health operators in Romania.

Romania’s central bank reported a profit of RON2.01 billion in 2021, down 1% from 2020, of which RON1.6 billion will go to the state budget, representing 80% of the bank’s net revenues, respectively an increase of the bank’s statutory reserves by RON243 million.

Affidea, the biggest player on Romania’s medical imaging market, acquired two Phoenix medical centers in Deva and Alba Iulia, thus reaching a 38-unit nationwide network.