Category: Uncategorized

Vastint Romania has introduced Ready Flex Space, a new concept offering fully furnished, independent office modules on short-term leases, as demand for flexibility in the workplace continues to grow. The solution, already implemented at Business Garden Bucharest, spans 2,321 sqm divided into nine separate units ranging from 124 to 416 sqm. Eight of the units…

Romania’s hotel sector outperformed forecasts in the first half of 2025, posting solid gains in occupancy and revenues that boosted its appeal for investors across Central and Eastern Europe (CEE), Cushman & Wakefield Echinox said in a report. Hotel occupancy in Romania rose by 4% in January–June compared with the same period last year, while…

Romanian developer IULIUS has begun the most extensive transformation yet of its flagship Palas Iași mixed-use complex, announcing an estimated EUR 80 million investment that will expand retail areas, increase green spaces, and introduce new leisure facilities. The company said the redevelopment will raise its total investment in downtown Iași to more than EUR 520…

Romanian air carrier AnimaWings will launch direct flights between Bucharest and Geneva starting March 23, 2026, becoming the only airline to operate nonstop services between the two cities, the company announced on Wednesday, September 10. The route will run three times a week, on Mondays, Wednesdays, and Fridays, using new Airbus A220-300 aircraft with 137…

The first edition of NOD International Literary Rights Festival, an event aiming to connect local creative industries, will bring to Brașov a host of foreign and Romanian authors between September 25 and September 28. Among the foreign authors attending the festival are lauded Russian writer Mikhail Shishkin, French novelist Mathias Énard, Swedish author and poet…

Romania’s annual inflation rate accelerated sharply to 9.85% in August, driven by soaring electricity tariffs and higher VAT, the National Institute of Statistics (INS) said in the report released on Thursday, September 11. The figure marks a significant jump from July’s 7.8% rate, with non-food goods recording the steepest increase at 10.48%. Electricity prices surged…

In September 2025, the average rent for a one-bedroom apartment in Bucharest reached EUR 494, up 10.7% y/y, according to data compiled by Ziarul Financiar in partnership with the real estate consultancy firm SVN. The highest rents are in Unirii-Victoriei area, with an average of EUR 581, while the lowest are in Crângasi neighbourhood (EUR…

Romanian president Nicușor Dan said he does not yet have “a clear picture” of the events that led to the cancellation of last November’s presidential elections, but confirmed ongoing investigations and pointed to Russia’s role in hybrid warfare across Europe, Digi24 reported. Speaking in an interview with public broadcaster TVR 1, Dan said he would…

Recommerce©, the leading European player in trade-in, refurbishment and resale of consumer electronics, and Xiaomi, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announce a strategic partnership for the deployment of integrated trade-in programs across Europe and enhance consumer’s purchasing…

British investor Ghai Sant Ram announces the official launch of a new residential project in Romania. HORIZON CITY is shaping up to be one of the most significant residential developments currently underway in Bucharest. Located on Bulevardul Pipera no. 2/IXA, right next to Kaufland Pipera and the main business and lifestyle hub of Northern Bucharest,…