H.Essers constructs a 10,000 sqm warehouse in Bolintin Deal for Agricover Distribution
H.Essers, a leading European logistics services provider, is expanding its footprint in Romania and announces the construction of a new warehouse for crop protection products and seeds for Agricover, a major agribusiness player in the Romanian market. This new development, encompassing 10,000 sqm of new warehousing capacity on H.Essers’ high Seveso site in Bolintin Deal, […]
Pepco exceeded the threshold of 30,000 women employed in Europe in 2023
Rodica Onișoru, Regional Manager Pepco In Romania, more than 3,200 women work at Pepco More than 1,380 women hold managerial positions in stores in our country Globally, women represent 87% of Pepco customers Bucharest, March 11, 2024: In 2023, Pepco has employed more than 30,000 women in its European retail chains, with women accounting for […]
CTP strengthens the team in Romania with appointment of Andrei Brinzea as Business Development Director
Andrei Brinzea, Business Development Director CTP Romania CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), is strengthening its Romanian team with the appointment of Andrei Brinzea as Business Development Director. With more than two decades of experience in property business, Andrei Brinzea has been working […]
Atelier Cortez: The corporate gift market is gaining momentum in 2024. Companies want to impress employees and business partners more and more with surprises and personalized gifts
The corporate gifts market is experiencing stronger growth in 2024 than in previous years, with a roughly 20% higher demand from companies, both multinationals and SMEs. Companies in Romania increasingly want to impress and make their employees loyal through extra-salary benefits as different as possible, but also to be memorable in the relationship with customers […]
BCR arranged a EUR 101.5 million syndicated loan for Rodbun Group
Rodbun Group, one of Romania’s leading agribusiness companies, has signed a syndicated credit facility totaling EUR 101.5 million, through which refinances and increases existing facilities by EUR 37.14 million. The credit facility includes three tranches, a EUR 93.5 million revolving loan, a EUR 2.86 million term loan facility and a EUR 5.1 million CAPEX facility, […]
Cascade Capital, part of the Cascade Group, invests over €40 million to support local entrepreneurs
Euro Tower Cascade Group, a family office with foreign capital and over two decades of experience in the real estate, investment and financial field in Romania, announces the launch of the Cascade Capital division. Through this strategic initiative, the Group aims to invest more than 40 million euros in the next 5 years, offering capitalization […]
AFI Europe appoints Luciana Giurea to lead the company’s residential development division in Romania
Luciana Giurea, Head of Residential Division, AFI Europe Romania AFI Europe announced the appointment of Luciana Giurea, former General Manager of the AFI Ploiești shopping center, as the Head of the Residential Division. In this role, Luciana will oversee all residential real estate projects – for rent or sale –in Romania and will drive the […]
Cushman & Wakefield Echinox: La Cocos opens a new store in Brasov, which becomes the third city where the local retail chain is present
The La Cocos local retail chain continues its expansion in Romania by opening a new store in Brasov, its fourth hypermarket in the country, through a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company. The new store will have an area of approximately 10,000 sq. m, being located in the Brintex-Brașov […]
DOMENIILE SALAMEH RENEWABLES received two grid connection approvals from Transelectrica, for the largest solar-wind-storage combined parallel development of renewable energy projects in Romania
As of February 2024, DOMENIILE SALAMEH RENEWABLES, a Constanta based landowner and renewable energy projects developer, received the Grid connection approvals from TRANSELECTRICA, for the development of a 220 MW Solar park and 223 MW Wind park, in Constanta. This is the largest project of combined wind, solar and storage capacities in the country so […]
Colliers: Bucharest recorded the highest number of residential sales in the last 15 years in December
Gabriel Blăniță, Associate Director Valuation & Advisory Services at Colliers Romania Romania remains the European country with the highest number of house and apartment owners, according to official statistics, and although interest in buying a property remains high, a significant proportion continues to live in rented accommodation. 13% of Romanians aged between 18 and 55 […]