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The program includes internationally accredited courses, 100 hours of in-depth business training, and an entrepreneurial project where participants apply the theory in practice. Sessions are led by successful entrepreneurs and executive directors of companies in Romania. The program will take place over 10 weekends from January 10 to March 29, 2025. Beyond Business School, founded…

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is pleased to announce the expansion of its hospitality assets: under the Ennismore partnership, the company is collaborating with Paris Society, the innovative brand behind some of the most celebrated dining and entertainment venues across…

Leasing activity in the Bucharest office market in the first half (H1) of 2024 saw new demand rise by 7% year-on-year, reaching 64,000 sqm, while total demand slightly decreased to 160,000 sqm, according to Colliers’ report on real estate market developments for the first six months. Contract renewals accounted for roughly 50% of transactions, driven…

Romania aims to achieve climate neutrality by 2045, ahead of the previously established target year of 2050. The government also wants 38% of the country’s gross final energy consumption to come from renewable sources by 2030. The Ministry of Energy announced in a press release on Tuesday, September 17, that it has published the second…

Eight trucks of the Inspectorate for Emergency Situations (ISU) departments in Arad, Bihor, Cluj, and Sibiu are to transport essential relief supplies to Galați, the Romanian county severely affected by the recent floods caused by storm Boris.  According to the General Inspectorate for Emergency Situations (IGSU), the trucks went to the warehouses of the National…

Roxana Mînzatu, the recently-appointed European commissioner representing Romania, has also been named a Vice-President of the European Commission and assigned the portfolio for People, Skills and Preparedness, which means that she will oversee several other commissioners.  Commission president Ursula von der Leyen announced that all 26 new commissioners are “equal,” with “equal responsibility to fulfill…

CIS Group, a local business that offers solutions and services for the energy sector, founded by the entrepreneur Sebastian Călugăr, is building a photovoltaic park with a production capacity of 23MW and a storage capacity of 4MW in Copşa Mică, an investment that amounts to almost RON 100 million (EUR 20 million) according to Ziarul…

Finance minister Marcel Boloș, at the meeting of his Liberal Party (PNL) on September 16, unveiled a project for the reindustrialization of Romania. Social Democrat (PSD) prime minister Marcel Ciolacu confirmed the plan.  The plan’s budget remains unclear, but it is high: EUR 2 billion-3 billion, which, according to the authorities, makes it the most…

The leaders of the ruling coalition sketched a budget revision draft in their meeting on September 16, distributing among ministries what they estimated to be RON 10.4 billion revenues above target, according to Agerpres quoting sources familiar with the negotiations, Economica.net reported.  Although sources failed to explain this, the government will also cut the allocations…

A delegation of the International Monetary Fund (IMF) is coming to Romania this autumn, representatives of the institution told Ziarul Financiar without providing additional details. “We will issue a press release this month announcing the dates on which we will make a short visit to Romania this fall,” said the institution’s representatives. According to some…