Companies in the first half of this year leased industrial and logistic spaces with a total area of 410,500 square meters, down 25% from the year-earlier period. In terms of new demand, not including renegotiation contracts, this cumulated 52% of the volume of contracted spaces, namely 213,000 square meters, double the area delivered in the analyzed period, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
BRD-Soc Gen, the fourth largest bank in Romania by assets, in the first half of 2024 generated net profit of RON675 million, down 9.6% from the same period of 2023.
Local startup Vatis Tech, which has created a speech recognition software solution, targets 1 million annual recurrent revenues at end-2024, as it has recently launched a new vocal recognition technology that automatically identifies as many as 90 languages, allowing it to attract clients worldwide.