Romania Feed

Siemens Energy, one of the world’s leading energy technology companies, has signed a ten-year lease contract for 7,500 square meters of office space at Phase 2 of the One Cotroceni Park project developed by One United Properties.

REI, the second largest group of companies in Romania specialized in attracting non-reimbursable financing with European funds or through state aid mechanisms, according to data from 2021, has submitted more than 100 projects for non-reimbursable financing for the installation of more than 600 MW of renewable energy through the C6 – Energy component of the […]

Romania’s general consolidated budget posted RON20.90 billion deficit in the first five months of 2022, lower than the RON26.18 billion level reported in the year-ago period, in line with finance ministry data.

If you are thinking of opening your own business and want to work with a merchant account provider, you should be aware of the importance of knowing more about them. But it can be challenging to find a trustworthy merchant account provider, especially if you don’t see what you want.   When choosing the right […]

Social media has quickly risen to become some of the most popular platforms on the internet. Between Facebook, Twitter, Instagram, and even YouTube, people spend hours scrolling through online platforms every day. Perhaps the biggest attraction of social media is the freedom that comes with it, and the ability to personalize it to your liking. […]

Making money by trading online is a dream for many people. It can be a very lucrative way to make a living if you are successful, but it does require a lot of hard work and dedication. In this blog post, we will discuss six different ways that you can make money by trading online. […]

Did you know that the indoor air quality in your home or office can affect your health? Poor air quality can cause respiratory illnesses and low productivity levels at home or work. Indoor air may contain many harmful particles and materials with a wide range of effects on a person’s health. So, it’s best to ensure […]

The 1031 exchange is a tax deferral strategy that helps commercial real estate investors reduce their tax liability when making a profitable sale. When they file a 1031 exchange, also called a “like-kind” exchange, the commercial real estate investor doesn’t need to pay capital gains taxes so long as the sale proceeds are reinvested into […]

Czech-held CPI Property owns one third of the office space in Bucharest after having taken over more than half of Globalworth, the largest owner of office space in Romania and Poland, together with Germany’s Aroundtown last year.

OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report.

Romania's finance ministry raised RON595 million on Thursday (June 23) and Friday (June 24), selling bonds maturing in October 2034, at an annual average yield of 9.07%.

The organisers of Europe’s biggest beach festival, Neversea, are rewarding Romania’s top students with free entry to the 4-day festival. This means that students enrolled in state universities who finish with 10 in all exams in the summer session 10  will have the opportunity to see the most popular artists of the moment and enjoy […]

IMMOFINANZ is presenting an updated strategy following the majority takeover by CPI Property Group. The company plans to continue its value-creating growth strategy with a strong focus on retail properties and office solutions. As part of an active portfolio management, properties with a value of approximately EUR 1 billion will be sold and the proceeds […]

Voxa, a Romanian streaming platform for audiobooks and e-books, is tapping into the market of the Republic of Moldova starting this summer, as part of its strategic development plan.

Voxa, the most important Romanian streaming platform for audiobooks and e-books, is available from this summer in the Republic of Moldova, a market with great openness to books in all their forms. This expansion is part of the company’s strategic development plan, which these days opens a new round of financing of up to 800,000 […]

The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) held its 24th Annual Meeting under the Chairmanship of Mr. Samir Sharifov, Minister of Finance of the Republic of Azerbaijan.     The Board of Governors approved the 2021 Financial Statements, and the net profit of EUR 43.9m million, allocated to the […]

ELKO Romania, a company member of Latvia’s ELKO Group, one of the largest regional wholesalers of IT and consumer electronics products, had a turnover of $105 million in 2021, up 28% from 2020, and its profit grew to $0.7 million, company representatives said in a statement.

Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, the representatives of the Financial Supervisory Authority (ASF) said in their latest report.

MetLife’s annual Sustainability Report, released today, showcases how the company continues to integrate sustainability across its operations, including through its 2030 climate and 2030 diversity, equity and inclusion (DEI) commitments.   In the report, MetLife also provides information on its commitment to achieve net zero greenhouse gas (GHG) emissions across the company’s global operations and […]

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, announces the signing of a partnership with Axell Green Energy, part of the Carmistin Group, one of the largest players in the agri-food market in Romania, which aims to build and install photovoltaic power plants for some […]