Kingfisher, the group of which Brico Dépôt Romania is part, and Endava announce the opening of a new technology hub in Cluj-Napoca
Kingfisher, the international home improvement company and owner of well-known brands such as B&Q, Screwfix, Castorama, and Brico Dépôt, is honoured to announce the launch of its new technological hub in Cluj-Napoca, Romania, in partnership with Endava, a leading technology services company headquartered in London, which combines world-class engineering, industry expertise and a people-centric mindset. […]
Global technology company Blankfactor leases the top floor of Romania’s tallest building, SkyTower, assisted by CBRE
Blankfactor, a global provider of end-to-end digital transformation technology solutions for global financial services and payments giants, has selected SkyTower, a landmark office building in Romania, in a strategic real estate transaction coordinated by CBRE Romania, with the objective of securing the company’s move into the space by March 2024. ”This lease transaction underscores our […]
GapMinder unveils €80m target venture capital fund, GapMinder Fund II
Founders of GapMinder Ventures GapMinder Ventures, the venture capital fund manager that invests in technology companies born in Romania and Eastern Europe, launches GapMinder Fund II, an investment vehicle with a target of €80 million, representing the largest VC with a primary focus on the Romanian tech start-up market. The fund became active on February […]
Cushman & Wakefield Echinox: The office market paradox: reluctant investors in the year with the highest take-up ever
Cristi Moga, Head of Capital Markets Cushman & Wakefield Echinox Real estate investment transactions amounting to more than €600 million are currently in advanced stages of negotiation, as the volume registered throughout 2023 could be matched in the first half of this year, according to data from the Cushman & Wakefield Echinox real estate consultancy […]
Electric For Business, the new Avis Romania service dedicated to companies
Avis, a global mobility provider, has expanded its business with a new service dedicated to companies in Romania – Electric for Business. The new mobility solution provides companies with a modern, efficient, and eco-friendly fleet of electric cars. The Avis Electric for Business fleet will feature leading models such as the New Volkswagen ID.3 Advanced […]
Atu Tech: Alarm system sales up 20% last year. 4 out of 10 Romanians want to install alarms in their homes in 2024
Sorin Felea, Director at Atu Tech Home security is becoming an increasingly significant concern among Romanians, with about 40% planning to purchase and install an alarm system in 2024, according to an analysis by Atu Tech (a2t.ro), an online security product store and Romanian importer of security equipment. In 2023, the Romanian alarm system market […]
Bozankaya won the tender organized by the Municipality of Iași and will deliver 18 more trams
Rolling stock manufacturer Bozankaya will deliver eighteen more modern trams after winning a new project in a tender organised by the Municipality of Iași. Bozankaya was selected as the preferred supplier after submitting the most advantageous offer worth 141.4 million lei, which is more convenient than the expected contract value of 177.2 million lei, according […]
PepsiCo Romania appoints a new director to lead the Organized Trade division
Alexandra Rîștariu PepsiCo Romania, one of the leaders in the food and beverage industry, announces the appointment of Alexandra Rîștariu as Organized Trade Director. She will report to Radu Berevoescu, General Manager and Senior Commercial Director East Balkans. With a career spanning over 15 years in the fast-moving consumer goods (FMCG) industry, Alexandra Rîștariu has […]
Stay Fit Gym continues the network expansion process by taking over two fitness centers in Braila and Galati
Stay Fit Gym, the fitness network with the largest city coverage in Romania, announces the complete takeover of two fitness centers in Braila and Galati from Elite Gym. With the acquisition of the two centers, Stay Fit Gym reached a network of 32 open centers nationwide. The company began an accelerated development process following Morphosis […]
Bonton Luxury Villas has completed the handover of its second phase, featuring 30 luxury villas
Andrei Cantaragiu, CEO City Garden Residence City Garden Residence has successfully completed the handover of the second phase of Bonton Luxury Villas, the project consisting of 66 luxury villas developed in Pipera, following an investment of over 19 million euros. The handover process was carried out for 30 high-quality villas, which will feature all the […]