Romania Feed

Companies operating in the financial, medical services, IT&C and retail sectors were the most active tenants on the office leasing market in capital Bucharest in 2021, in terms of the average transaction size, according to real estate consulting firm Cushman & Wakefield Echinox.

The Romanian real estate market has enough resources for a strong pick-up in activity in 2022, subject to how the pandemic will evolve, as well as other new themes, Colliers consultants predict. Consequently, 2022 could be a record year for real estate investments in terms of market activity, with the industrial market also potentially ready to set new benchmarks.

The mergers and acquisitions (M&A) market set new records in 2021 in terms of both volume and value. The number of announced deals exceeded 62,000 globally in 2021, up an unprecedented 24% from 2020, and publicly disclosed deal values reached all-time highs of US$5.1 trillion, in line with PwC Global M&A Industry Trends 2022 report.

The Executive Board and Supervisory Board welcome the intention of the CPI Property Group (CPIPG) to benefit from the company’s attractive growth potential and support the development and expansion of IMMOFINANZ as a long-term major shareholder. However, the price offered by CPIPG for the IMMOFINANZ share is significantly lower than the current value of the […]

Burger King Romania, operated by AmRest, one of the largest European restaurants and foodservice platforms, has introduced new products in the menus of its restaurants starting January 2022. The focus is on chicken products, in line with Burger King’s goal to continue to develop its chicken products offer in Romania until the end of 2022. […]

As part of its Capital Markets Day, wholesaler METRO unveils its “sCore” growth strategy today. The name is a combination of “score”, meaning hitting the stated targets, and “core” for METRO’s strong wholesale core. In the coming years, METRO aims to step up the pace of its growth, maximise its value proposition and, with its […]

Private lending grew by 14.8% in nominal terms (6.1% in real terms) to RON324 billion in 2021, as local currency lending grew by 19.6% and foreign currency lending by 3.9% when expressed in lei, central bank data showed Wednesday.

Do digital technologies lead to operational improvements in business or change it fundamentally? Discussing this issue with the help of experts from Boosty Labs – a software outsourcing company in Ukraine – is a good opportunity to talk about business technologies.   Modern business technologies are built on the relationship between the market, the needs […]

Disney Plus, the streaming service of The Walt Disney Company, has confirmed its launch in 42 countries in Europe, Africa and Asia, including Romania, starting summer 2022.

M&A activity in Romania rebounded strongly in 2021 vs 2020 both in terms of deal value and deal count. Total M&A for the year amounted to $6.2 billion (€ 5.2 billion) up 32% year-over-year across 178 transactions, underscoring the strength of investor confidence in the Romanian business climate and its recovery post-Covid, especially in the […]

The Romanian real estate market has enough resources for a strong pick-up in activity in 2022, subject to how the pandemic will evolve, as well as other new themes, Colliers consultants predict. The repricing of risk and other post-pandemic trends will greatly influence the appetite and value of real estate investments in 2022 and beyond. […]

Law firm Filip & Company is assisting Tiriac Group on the sale of Tiriac Operating Lease (Premium Leasing SRL) to integrated mobility services provider Autonom Services SA.

The M&A market set new records in 2021 in both volume and value terms. The number of announced deals exceeded 62,000 globally in 2021, up an unprecedented 24% from 2020, and the deal values reached an all-time high of USD 5.1 trillion, according to PwC’s Global M&A Industry Trends: 2022 Outlook. A strong deals pipeline, […]

The supply chain is one of the most important aspects of a business. It covers everything about a product, from raw material sourcing, production, packaging, warehousing to delivery. At both ends of a supply chain is usually the supplier and consumer.   One of the biggest challenges businesses have with the supply chain is how […]

Financial analysts expect the Romanian leu will depreciate to an average of 5.0859 units to the euro in the next 12 months, while inflation is seen averaging 6.06% during the same period, a monthly poll by CFA Romania showed Wednesday.

The financial sector, medical service operators, IT&C, and retail companies were the most active tenants in the office leasing market in Bucharest last year, in terms of the average transaction size, according to Cushman & Wakefield Echinox real estate consulting company.   With an average transaction size of almost 2,000 sq. m, the financial sector […]

For the fifth year in a row, bio-pharmaceutical company Takeda received the Top Employer® certification by the independent institute Top Employers in the Netherlands, following a rigorous audit that analyzes the HR practices of companies around the world.   Thus, in 2022 Takeda has been named among the 11 companies that receive this recognition for […]

Evergent Investments (EVER.RO), an investment company with RON1.2 billion capitalization, started the first stage of a share buyback program, aiming for the purchase of maximum 8 million own shares, due to be carried out during the January 26-June 5, 2022.

Impact Developer & Contractor, a real estate developer controlled by entrepreneur Gheorghe Iaciu, completed the capital increase through private placement, with the sum raised from investors standing at RON58.9 million.

Building materials producer Cemacon Cluj-Napoca has, for 2022, the biggest investment budget of the past decade, with the main direction the money goes to being a new plant.