CTP completes 19,000 sqm letting to Yusen Logistics (Romania) in Bucharest
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has agreed a five-year lease for 19,000 sqm of warehouse space at CTPark Bucharest in Romania to Yusen Logistics, a leading global logistics provider. Founded in 1955, Yusen Logistics is a global supply chain logistics company that […]
HP Inc. extends the partnership with YUNITY Park for another 5 years
YUNITY Park Genesis Property, one of Romania’s leading office building owners, and HP Inc. Romania have signed a 5-year lease extension for 7,000 square meters of office space in YUNITY Park. HP Inc. Romania will thus reach 24 years of presence in YUNITY Park. “HP Inc. has chosen YUNITY Park for the next 5 years, […]
Waterdrop study: 51% of Romanians do not consider tap water a safe source of hydration
To mark World Water Day, Waterdrop announces the study’s launch on consumer hydration preferences in the CEE region. The Microdrinks and sustainable bottle producer remains committed to promoting a healthy and sustainable lifestyle and encouraging adequate water consumption for a balanced and energised life. Comparative analysis between four CEE countries reveals the importance of hydration […]
SII Romania has a new CEO: Iulia Surugiu takes over the management of the company locally
Iulia Surugiu SII Romania, a multinational company specialized in software engineering and technology consulting, announces the appointment of a new General Manager – Iulia Surugiu, who has extensive expertise in business operations and management, and over a decade of experience within the company. She takes the lead from Manel Ballesteros, who ran the local branch […]
Mercure Opens New Hotel in the Heart of Moldova’s Capital
Mercure Chisinau Center Jazz welcomes guests to discover the city’s rich history and culture Chisinau, 14.03. 2024 – Accor, a world leading hospitality group, today announces the grand opening of Mercure Chisinau Center Jazz in Moldova. Located in a prime location in the capital’s city centre, the new hotel features jazz-inspired interiors and a wide […]
CMS European M&A Study 2024
Horea Popescu Bucharest, 21 March 2024: CMS has announced the findings of the 16th edition of the CMS European M&A Study 2024, offering an in-depth analysis of the mergers and acquisitions landscape based on transactions CMS advised on. The Study analyses a record 559 deals throughout 2023, indicating the resilience and adaptability of the European […]
AI technology-based projects, international expansion, and a commitment to sustainability have led to a 40% growth in RebelDot’s business in 2023
RebelDot, a software development company from Cluj, concluded the year 2023 with revenues exceeding 11.6 million euros (group level), marking a 40% increase from the previous year. The accelerated growth in 2023 was primarily due to the expansion of its AI segment and an increase in customer referrals. RebelDot anticipates maintaining its growth pace in […]
Colliers: Local tourism had a very good year in 2023. The Romanian hotel market’s resilience in recent years attracts an increasing number of investors in various projects
Raluca Buciuc, Director and Partner of Valuation360 and Advisory Services at Colliers The hotel sector continued to recover in 2023, with sustained growth in leisure tourism. The number of Romanian tourists staying in the country’s hotels reached almost 7 million in 2023, very close to record highs and also above the average in the years […]
Romania struggles to get rid of plastic: new obligations for companies and changes for Romanian consumers regarding PET bottles and other packaging
Daniela Dobre, CEO of Green Environment Support After the implementation of the SGR system, new changes for plastic recycling are introduced in Romania: in less than 4 months, plastic beverage bottles must have their caps attached. Food containers for immediate consumption, such as coffee cups and food boxes, should also be made from sustainable materials, […]
EXEC EDU launches a new edition of the scholarships program for entrepreneurs
Oana Scarlat, CEO EXEC-EDU Bucharest, 18th March 2024 – EXEC-EDU, the leader of the executive education market in Romania, the top segment of the training industry, launches the fourth edition of the EXEC-EDU scholarship program, dedicated to entrepreneurs and managers from entrepreneurial companies, but also for those from non-governmental organizations. EXEC-EDU will offer this year […]