Category: News

JT Grup Oil S.A., one of the most important companies on the local fuel distribution market, announces the completion of the first phase of development of the JT Terminal project, the only private owned oil terminal in Romania. With the completion of the infrastructure works, the financing contract obtained from non-reimbursable European funds through the […]

Mihai Tudor, CEO and executive member of the Board of Directors of Simtel Team Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader in renewable energy targets in 2024 at the consolidated level, operating revenues of 394.3 million lei, EBITDA of 49.2 […]

Oresa Industra Park Iasi Mobexpert, the furniture market leader in Romania, expands its logistics and storage operations by leasing 1,400 sq. m within Oresa Industra Park in Iasi, owned by Oresa Industra, the real estate division of the Oresa family office. The Oresa Industra Park in Iasi reached a 100% occupancy as a result of […]

Mihaela Petruescu, Partner Asset Services Cushman & Wakefield Echinox The Cushman & Wakefield Echinox real estate consulting company has been appointed to manage the Expo Business Park office project, one of the most representative projects in the Expozitiei area of Bucharest, starting from January 2024. As a result, the portfolio managed by the company’s asset […]

Gebrüder Weiss Romania, one of the main players in the local transportation and logistics solutions market, has achieved approximately 650,000 transports in the 5 years since the launch of the Home Delivery service, marking consistent year-over-year growth. Furthermore, 2023 marked the beginning of a significant social and environmental impact project, involving the delivery with electric […]

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 […]

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, […]

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 […]

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 […]

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 […]