Category: News

TP-Link®, global leader in providing network equipment for individual users and the business environment, has appointed Howson Chen as General Manager of TP-Link Romania. An engineer by profession, Howson Chen graduated from Zhejiang University in China. He first joined the TP-Link team in April 2016 as a Channel Sales Manager in the Polish sales department, […]

Morphosis Capital Fund II, a growth capital fund, together with Vybros Capital Partners, a Belgian family funded permanent capital fund, as a co-investor, announces the signing of the agreement to acquire the majority stake in Mark Twain International School (IS), the first private education institution in Romania with a dual curriculum. The partnership between the […]

Ionuț Stan, Crosspoint Real Estate Partner Crosspoint Real Estate, one of the leading real estate consultancy companies in Romania, announces the promotion of Ionuț Stan to Partner. Together with Codrin Matei – Principal Partner, Crosspoint Real Estate and Mihai Dumitrescu, he will play a role in the development and implementation of the company’s key initiatives, […]

Simona Kijonková, CEO & Founder of Packeta Group Packeta Group, owner of the Czech technology and logistics company Zásilkovna, as well as Packeta Romania, recorded a turnover of 294 million euros in 2023, up 18.3% on the previous year. The number of transported parcels across all entities reached almost 106 million which, compared to 2022, […]

Alin Obretin, Senior Consultant Office Agency at Cushman & Wakefield Echinox Securitas, a global leader in security services, relocated its offices in Romania to @Expo office complex developed by Atenor in the Expozitiei area of Bucharest, in a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company. The company occupies a 1,250 […]

Johan Gabriels & Alin Latu iBanFirst, a leading global provider of foreign exchange and international payments for businesses, present in 10 European countries, reports a 97% increase in FX risk hedging deals for Romanian companies in 2023 amidst global economic uncertainty and concerns regarding currency market stability. As challenging economic circumstances continue, the global provider […]

CTP launches a strategic collaboration with Arcese Group, a global logistics operator, which has leased 10,500 sqm at CTPark Bucharest West, the largest industrial park in Central and Eastern Europe (CEE). CTPark Bucharest West, spanning over 833,000 sqm of GLA across 314 hectares, is home to Romania’s first BREEAM Outstanding warehouse and boasts a dynamic […]

MoneyGold, a financial services network – lending, currency exchange, money transfer, and jewelry & electronics retail, part of Teilor Holding SA, concluded the year 2023 with a total of 109 agencies nationwide, following the opening of 19 new locations throughout the previous year. The total value of investments made in the network’s development in 2023 […]

World-leading hospitality group Accor joined hands with TECADRA HOTELS S.R.L., for the complete conversion and extension of the existing Tecadra Hotel. The existing 4-stars property is undergoing a full makeover of the façade, internal partitioning, and design. The 100-key Tecadra Bucharest Handwritten Collection will welcome its first guests in September 2025, thus becoming Romania’s first […]

Dana Radoveneanu, Head of Retail Agency Cushman & Wakefield Echinox Developers completed 11 retail projects in 2023, totaling approximately 215,000 sq. m, a record level during the past 7 years, with retail parks having a 60% share, with cities such Bucharest, Craiova, Alba Iulia, Arad, Giurgiu, Vaslui benefiting from such investments. The investment plans for […]