News - Business Review


Mantor group completes the building works for Stejarul- University Campus, worth EUR 1 mln

Residential September 19, 2017 12:50 0 comments

Mantor announces the completion of the building works for Stejarul University student  dorm, close to the Polytechnic University, the University of Medicine and Pharmacy and the Bucharest University. The projects belongs to Stejarul Educational Serv…more »

Ioana Marzac – Sigarteu appointed regional vice president IAA Young Professionals for Eastern Europe

Media & Marketing September 19, 2017 07:47 0 comments

IAA Young Professionals (YP), the young professionals in marketing and communication organization, has a new leading team globally, formed of five regional vice presidents. The International Advertising Association (IAA) has appointed Ioana Marzac – Sigarteu…more »

Infinite IT Solutions to open a subsidiary in Bucharest

IT September 18, 2017 17:28 0 comments

Infinite IT Solutions, the provider of EDInet platform, is expanding its presence in Romania. After years of partnership-based activities, the company decided to open a subsidiary in Bucharest. “Infinite has significantly strengthened its position in…more »

PM Tudose attacks Enel over storm intervention: “Terrible”

Power September 18, 2017 17:23 0 comments

Romania’s PM Mihai Tudose has criticized the local subsidiary of Italian utility Enel, suggesting that the firm not reconnecting consumers to the grid fast enough, following the storm that hit several counties in western Romania…more »

Clifford Chance Badea adds new senior associate specialized in real estate and M&A

Legal September 18, 2017 16:47 0 comments

Adrian Cazan has joined Clifford Chance Badea as senior associate in the M&A and real estate practice headed by Nadia Badea, partner. He has 15 years' worth of experience in the legal field. "We are…more »

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Vodafone Romania opens a new store in the center of Bucharest

Telecom September 18, 2017 16:42 0 comments

Vodafone Romania has opened a new store in the center of Bucharest, on Splaiul Independentei. The store offers the possibility to the firms with the headquarter in Bucharest, interested in customized services portfolio, to schedule…more »

Companies in Romania allocate up to EUR 800/sqm for office furnishings to attract employees, says JLL

Offices September 18, 2017 16:14 0 comments

The work space that companies offer to their employees has become an important element in talents' attraction and retention, so that companies allocate between EUR 300-800/sqm for offices furnishing, says JLL Romania, the real estate…more »

OMV Petrom to invest EUR 70 mln in Black Sea drilling campaign

Oil & Gas September 18, 2017 14:47 0 comments

Austrian oil major OMV Petrom has kicked of a new drilling campaign in the Black Sea, which will require investments of EUR 70 million by mid-2018. Three new drills will target deposits that were already…more »

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Office non-occupancy rate in Bucharest falls to 9 pct in H1, says BNP Paribas

Offices September 18, 2017 14:21 0 comments

The first half of the year saw the non-occupancy rate of offices in Bucharest drop close to 9 percent, compared with the rate of approximately 13 percent at the end of 2016. Louis-Maxime Juhel, director…more »

"Romanian tourism"

Foreign tourists’ expenses in Romania at EUR 480/person on average in H1

Tourism September 18, 2017 14:11 0 comments

The number of foreign tourists in Romania in the first half of this year was around 1.2 million and their expenses reached to EUR 480/person on average, meaning RON 2.6 billion overall, according to the…more »