Real estate investments in the first quarter of 2023 topped EUR153 million, up 72% from the same period of last year, reveals an analysis by Fortim Trusted Advisors, a member of the BNP Parisbas Real Estate Alliance.
Poland’s Unilink is going to be taken over by global insurance and fintech broker Acrisure, meaning that after the deal Safety Broker, leader of Romania’s insurance brokerage market will belong to US-held Acrisure, in line with information provided by the brokers’ representatives.
“Avram Iancu” international Airport of Cluj saw about 600,000 passenger traffic in the first quarter of 2023, an increase of 6% on the first quarter of 2019, the best in the history of the Cluj airport, and an increase of 80% on the year-ago period.
Book sales in Romania stand at about RON500 million, which includes print books, e-books and audiobooks, data from audiobook and e-book streaming service Voxa show.
Sixty-two percent of MedLife (M.RO) shares traded on the Bucharest Stock Exchange in January 2023, went to a single buyer, Pillar II pension fund Metropolitan Life Pensii Private, ZF as calculated from the Pillar II reports and trading prices.
Danube transport company Transport Trade Services (TTS.RO) has budgeted revenue of RON970 million in 2023 from RON934.4 million in 2022, which translates into potential growth of 3.8%, as per calculations by Ziarul Financiar (ZF) daily based on data from the company’s budget of revenue and expenditure.
Danube transport company Transport Trade Services (TTS.RO) has officially announced on Tuesday (April 4) the name of the company it had acquired in February 2023 for EUR21.8 million, namely, port operator Decirom S.A. Constanta, as per a stock market report.
Romania has been a strong performer among emerging economies, though periods of economic overheating have caused concern at times, but economic perspectives have deteriorated significantly since the start of Russia’s invasion of Ukraine, as per an analysis by Allianz Trade.
Klass Wagen Rent-a-Car has announced the purchase of 500 Dacia vehicles from Renault Commercial Roumanie SRL, thus reaching a fleet of more than 2,500 cars in Romania.
Nine startup firms which “graduated from” the InnovX-BCR acceleration program will be supported to participate in 2023 edition of the SelectUSA - the leading event dedicated to foreign direct investments in the United States of America.
The Bihor County Council has accessed a European project worth EUR7.6 million for the construction of 16 new waste collection centers in the Bihor County.
Datanet Systems, an integrator of complex IT&C solutions and systems and a member of Slovak Soitron Group, ended 2022 with a turnover of over EUR38 million, up nearly 34% from 2021, according to company representatives.
2Performant (2P.RO), a technology company and the leader of the affiliate marketing market in Romania, announced sales generated by its own platform reached EUR28.8 million (excluding VAT) in the first quarter of 2023, an increase of 40% on the year-ago period.
Romania's central bank has decided at its board meeting on Tuesday (April 4) to keep its benchmark interest rate on hold at 7% a year.
Romanian electricity distribution company E-Distributie Banat has completed the construction of a new primary substation, worth RON23.59 million and located in the Dumbravita commune, near Timisoara.
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 21.6% in February 2023 compared to February 2022, data from Romania's statistics board INS showed on Tuesday (April 4, 2023).
The developers of Belvedere Residence project of northern Bucharest have sold the shopping gallery part of the mixed-use compound to a private investor, in the biggest deal with street front retail space of recent years.
The Home, an online furniture and lighting retailer, present with two physical stores in Bucharest and Cluj, has leased around 8,000 square meters in Parcul Logistic Logicor Bucharest II, developed by one of Europe’s biggest owners and operators of logistic and distribution warehouses.
Real estate developer One United Properties will invest around EUR6 million to build two private schools in the area of Tei and Plumbuita lakes in Bucharest’s district 2.
Vitamix network, made up of natural supplements, healthy food and cosmetics stores, expanded in 2022 and now includes 59 stores.