Romania's Competition Council has signed the financing contract for the development of a new state aid register – Regas 2, a platform for monitoring and controlling state aid granted from national and European funds.
Law firm Clifford Chance Badea has advised Alpha Bank S.A. and Alpha International Holdings S.MS.A. in connection with the 100% sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania.
Cluj-Napoca-based Alfa Software, specialized in the development and implementation of business software solutions, ended 2024 with a turnover of RON17.3 million and targets a nearly 10% increase in 2025 despite market challenges, company representatives said in a statement.
Romania's hourly labor costs adjusted to the number of working days edged 0.76% higher in the fourth quarter of 2024 compared to the third quarter of 2024, data from the country's statistics board INS showed on Thursday (March 6).
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased by 4.1% in unadjusted data and by 3.2% when adjusted for seasonality and number of working days, in January 2025 compared to January 2024, data from the country’s statistics board INS showed on Thursday (March. 6).
Apa Nova Bucuresti, part of Veolia group, has announced an investment budget of around EUR40.5 million for 2025 to overhaul Bucharest water and sewage infrastructure.
Innobyte, an e-commerce software development company, part of Life is Hard group, ended 2024 with RON14.03 million turnover, up 11.65% from 2023.
CPI Romania, one of the largest players on Romania real estate market, has signed the extension of leasing contracts for a total area of over 12,000 square meters with Deloitte Romania and WPP, two of the main tenants in office building The Mark, whose occupancy rate has now reached 99.7%.
Computer and electronics retailer Flanco in the first three months of 2025 opened three new Smart Discounter stores, in Arad, Ramnicu Sarat and Giurgiu, reaching 19 such units.
IT, manufacturing and industry, as well as healthcare and pharma companies have been the most dynamic ones on the office leasing market in the past five years, generating over half of new office space demand, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.