Demand for Bucharest modern office spaces has declined by around one third in 2025, mainly on the curtailed activity of IT&C companies, which generated only 10% of total leases in the first nine months of the year, the lowest level since 2010, in line with data provided by real estate consultancy Colliers.
Raiffeisen Bank has successfully completed an EUR1 billion synthetic securitization deal with Munich Re, one of the world’s biggest reinsurers.
CEC Bank and the Investment and Development Bank (BID) have signed the first guarantee agreement destined to the funding of public sector strategic investment projects, via which administrative-territorial units, public utilities and local or national interest institutions will be able to more easily access funding for the development of infrastructure and public services, with guarantees provided by BID.
Romanian startup MeetGeek.ai, which has developed an AI solution for helping teams take control over their meetings, wants to increase its annual recurrent revenues (ARR) from $2 million at present to $10 million in the next 12 months.
Ferma cu Omenie, active in the local food industry, plans to invest in a new plant, likely to be built via Investalim program.
Paint manufacturer Sentosa Impex in Hida, Salaj County, posted RON74.1 million (EUR14.9 million) revenue in 2024, down slightly by 1.6% from the previous year’s RON75.4 million (EUR15.2 million), according to ZF calculations based on Finance Ministry data.
Botosani-based meat producer and processor Sagrod, held by Romanian entrepreneur Dan-Marius Tîmpau, posted RON83 million (EUR16.7 million) revenue in 2024, close to 2023's about RON83.3 million (EUR16.8 million), according to data on the Finance Ministry's website.