Category: Uncategorized
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Consulting firm BearingPoint moves Bucharest office to Timpuri Noi Square
BearingPoint has relocated its Bucharest office to Timpuri Noi Square, one of the capital’s major office developments owned by Vastint Romania. The consulting firm, headquartered in Amsterdam and operating in 24 countries, has been present in Romania since 2007 and now employs more than 850 people across six cities, including Bucharest, Cluj-Napoca, Iași, and Timișoara.…
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Lagardère Travel Retail renews lease for Bucharest headquarters at Globalworth Campus
Lagardère Travel Retail has renewed its lease for the 2,300 sqm headquarters in Globalworth Campus, one of Bucharest’s major office developments. The transaction reflects continued demand for high-quality office space in the capital amid limited new supply, according to Cushman & Wakefield Echinox, which advised the tenant. The company, a leader in Romania’s travel retail…
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Two Ukrainian citizens allegedly employed by Russia sent to trial in Romania for attempted diversion
Two Ukrainian citizens, aged 23 and 24, who were arrested last year in Bucharest for attempting to set fire to a branch of the Nova Post courier company, have been sent to trial for attempted acts of diversion and complicity in said acts. The evidence gathered showed that on October 14, 2025, the defendants entered…
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NBI: Real Estate Enters a New Era – More Stable, More Mature, and Driven by Premium Investments
The real estate market is entering a phase of stabilization, with premium investments taking center stage. North Bucharest Investments generated transactions exceeding €57 million in Q1 2026, as investors increasingly shift their strategies toward consolidated assets and sustainable returns. Official data released by ANCPI for March confirms this trend. At national level, 53,375 properties were…
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Romania to tighten oversight of ballast pit exploitations
Romanian authorities are preparing stricter controls and legislative changes targeting the exploitation of mineral aggregates from riverbeds, prime minister Ilie Bolojan said, amid concerns over widespread irregularities. The measures aim to curb abuses and improve the protection of natural resources through enhanced inspections and tighter rules governing permits and operations. The initiative follows an official…
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IMM Romania 2026 index records low level amid business concerns over taxes and bureaucracy
The entrepreneurial confidence index compiled by IMM Romania dropped to its lowest level in three years in 2026, reflecting growing dissatisfaction among small and medium-sized enterprises with taxation and bureaucracy. The index is predominantly backward-oriented (reflects past developments), and the dynamics of the two components have not been disclosed yet (the report was not published).…
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Romania’s electro-IT retailer Altex plans expansion of Bucharest logistics hub
Altex Romania, the country’s largest electro-IT retailer, is preparing a new phase of expansion of its logistics base near Bucharest through additional land acquisitions in Dragomirești-Vale, Ziarul Financiar reported. The move is part of a broader strategy led by founder and Chief Executive Officer Dan Ostahie to strengthen the company’s logistics infrastructure amid growing focus…
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Romania’s presidency concludes no fuel supply problems after consulting government, oil companies
Romania is not facing supply difficulties, and companies in the sector are purchasing fuels at prices aligned with the international market, the Presidential Administration reported on April 6, after president Nicuşor Dan met with prime minister Ilie Bolojan, energy minister Bogdan Ivan, transport and infrastructure minister Ciprian Şerban, and representatives of oil companies OMV Petrom…
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Romania ups yields for retail bonds denominated in euros
The Ministry of Finance in Romania will launch a new edition of the retail state bonds scheme Fidelis (bonds traded at Bucharest Exchange) between April 14-21, with higher interest rates compared to the March edition on all maturities – both in RON and EUR. For RON issues, interest rates rise to 6.6% for 2-year maturity,…
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Romania’s industry still deep in contractionary mode despite improvement in March
The BCR Romania Manufacturing PMI signalled a milder contraction in March, rising to 46.6 from 45.3 in February, according to Erste Group. The improvement, in line with the development in Europe, fails to capture the lagged effect of the Middle East conflict, except for the higher cost elements. For the entire first quarter of the…