Category: News

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased 5,300 sqm of warehouse at CTPark Oradea Cargo Terminal, Romania’s pioneering industrial park featuring an air cargo terminal, to HelpShip, a leading logistics solutions provider, part of euShipments.com’s group and logistics network. This strategic move […]

Forte Partners announces the signing of an agreement whereby Cognyte, a global leader in investigative analytics software, has leased 1,600 square meters of office space, assisted by CBRE, in U•Center 2. ”U•Center 2 brings the right combination of features that will make it the ideal new home for Cognyte Romania,” said Razvan Duica, General Manager […]

First Estates Pipera Romanian developer Alsin Management exceeded the 75% sales threshold in First Estates Pipera, the first residential project in Romania which will offer free heating to all its residents. The company will also start in the immediate period the development process of First Estates Villas, a premium project with 20 villas located in […]

Ileana Comănescu, KYC Global Product Manager at QOOBISS QOOBISS, a fintech company focused on process automation and specializing in the development of remote identity verification solutions using video means, tripled its business in 2023, up to 1 million euros. The revenue growth occurred in the context of increased investments in the financial-banking, gambling, and eCommerce […]

Eduard Burghelia V7 Capital Investment Holding, which specializes in supporting and developing Romanian startups and businesses, announces the expansion of its management team with the addition of Eduard Burghelia. After selling the financial analysis platform Confidas, the entrepreneur joins the investment holding as a Venture Partner, bringing valuable expertise in entrepreneurship and successful business scaling. […]

Cosmin Savu-Cristescu, Managing Director of Redport Capital Redport Group, founded in 2016 by Cosmin Savu-Cristescu, announces a turnover of over 100 million lei for the year 2023. Over the past few years, the company has secured a land portfolio of over 6 hectares in the Petrom City – Străulești – Dămăroaia area. Within the projects […]

P3 Bucharest A1 P3 Logistic Parks, a developer, owner, and manager of industrial European real estate concluded 2023 in Romania with transactions totalling more than 170,000 square meters in P3 Bucharest A1 industrial park – P3’s highest activity volume recorded in recent years, in the Romanian market. Approximately 40% of the leased space is occupied […]

Andrei Brînzea, partner Land and Industrial Agency Cushman & Wakefield Echinox The modern stock of industrial and logistics spaces exceeded 7 million sq. m across the country at the end of 2023, almost 80% of the total stock being concentrated in 3 development regions – Bucharest – Ilfov, West and South-Muntenia. Projects with a total […]

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 […]