Category: News

Alexandru Rădulescu, managing partner SVN Romania | Credit & Financial Solutions Romania has among the most accessible mortgages in the European Union, considering the average net wages at a national level and the costs of buying a one-bedroom apartment through a 25-year mortgage loan, reveals a market report issued by SVN Romania | Credit & […]

Andrei Trofin, CEO and founder of ESX The ESX application, an app that offers a subscription with unlimited access to hundreds of sports centers and gyms in Romania, ended 2023 with a 250% increase in turnover, rising from 4 million to 10 million euros. The growth was due to constant expansion, with ESX currently present […]

Lefties, the well-known brand by Inditex Group, one of the largest fashion retail companies in the world, is opening its second Digital Store in Romania this year in the Iulius Town Timișoara mixed-use complex, spanning on an area of 5,000 sqm. “2024 will be a very dynamic across the IULIUS network. In Timișoara, we will […]

Sinziana Oprea, Director Land Agency at Colliers Romania The volume of land sales for commercial real estate projects in Romania (excluding for industrial and logistics projects) declined by less than 10% from the 2022 level of 450 million euro, and remains considerably above pre-pandemic levels, according to Colliers estimates. The start of the year and […]

Vlad Săftoiu, Head of Research Cushman & Wakefield Echinox Macroeconomic uncertainty, consumption contraction, interest rates and also inflation are the main factors which may impact the Romanian real estate market, according to the real estate investors and developers who responded to the second edition of the Cushman & Wakefield Echinox “Real Estate Investors Sentiment Barometer”. […]

Albin Budinsky Hellmann Worldwide Logistics has appointed Albin Budinsky as General Manager of its country organization in Romania with effect from January 1, 2024. Hellmann has been successfully established in the Romanian logistics market since the 1990s, where the international logistics provider mainly offers sea- and airfreight services from its offices in Bucharest and Constanta. […]

Daniel Adam Holde Agri Invest SA, one of the largest farmland operators in Romania, announces the appointment of Daniel Adam as Group Chief Financial Officer (CFO). The appointment of Daniel Adam as CFO follows the decision of Adrian Pirciu, who previously held this position, to focus on other professional initiatives. The change at the CFO […]

Charles Boudet iO Partners announces the appointment of Charles Boudet, an industry veteran with diversified expertise, as CEO. Before joining JLL in 2006, he served as Supply Chain Director at the global food company Danone. Charles Boudet then had a distinguished 18-year career with JLL. After taking on various leadership roles, Charles became CEO France, […]

Foto: depositedhar / depositphotos.com PAG Private Equity, a leading global alternative investment firm, has agreed to acquire a majority controlling interest in Food Union Europe, a leading provider of ice cream and other frozen treats to consumers in six European countries, a holding company of the Romanian ice cream production and distribution company Alpin (former […]

PeliPartners has decided to promote Sandra Gheorghe, Delia Dumitrescu and Andrada Bogeag to the role of Senior Associate starting January 1st, 2024. “We are proud to strengthen the team with three new Senior Associates, roles designed to enhance our day-to-day work in different practice areas. This is an important step towards creating a stronger organisation […]