Colliers: The volume of industrial and logistics leasing transactions outside the capital reached a record high last year as a share of total, while transactions in Bucharest hit an all-time low
Victor Cosconel, Head of Office & Industrial Agencies at Colliers 2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed, a slight decline from 2022’s record level of 830,000 square meters, according to the annual report released by Colliers. The consultants note that probably these results […]
TELUS International Romania Community Board invites NGOs to apply for the first grant session of 2024
TELUS International Romania’s Foundation opens the first session of grants dedicated to local NGOs with projects focused on education, health or the environment; The total amount of funding available for the first session is 50,000 USD, while another 50,000 USD will be distributed by the end of the year; Since 2016 to date, 130 projects […]
Proleasing Motors and Hedin US Motor bring the world’s best-selling pick-up truck to Romania: Ford F-150
Lucian Alexe, CEO of Proleasing Motors Proleasing Motors, one of the most important Ford dealers in Romania and Hedin US Motors, the official importer and distributor of Ford F-150 models in Europe, announce the launch of the famous line of American Ford F-150 pickup trucks on the local market. As of Tuesday, all versions are […]
Cushman & Wakefield Echinox: Leroy Merlin to expand in 2 key areas of Bucharest
Bogdan Marcu, Partner Capital Markets at Cushman & Wakefield Echinox Leroy Merlin, the second-largest DIY retailer in Romania by revenue, leased 2 retail spaces in Bucharest with a combined area of 21,000 sq. m from the Supernova Group, through a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company. These spaces of […]
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, […]
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 […]
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 […]
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 […]