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BMW Group expanded its global network of IT and software centers by opening a new location in Cluj-Napoca. In cooperation with NTT DATA, BMW TechWorks Romania will become the hub for European IT and software projects and will accelerate the company’s digital transformation. The joint venture said it will more than double its workforce to…

The Bucharest Stock Exchange (BVB) officially moved to its new headquarters in Bucharest, located in the America House Building in Victoriei Square.  BVB also inaugurated the Bell Wing at the new location. The space is meant for the capital market community and is where announcements and events involving authorities, entrepreneurs, listed companies, brokers, and investors…

The latest poll carried out by INSCOP confirms NATO Deputy Secretary General Mircea Geoana as the leading candidate in the presidential elections this fall, but tight competition among five other candidates.  Geoana ranks first in voting intentions for the presidential elections, with a share of 26.7%, followed by Social Democrat (PSD) president Marcel Ciolacu, who…

Prime Kapital, a real estate developer established in Bucharest by Martin Slabbert and Victor Semionov, begins construction on the third residential phase of the Silk District project, which has an investment value of EUR 34 million, according to Profit.ro. This phase follows the successful completion of the first two residential phases and the first office…

Romanian-Belgian real estate developer Speedwell, controlled by Belgian investors, announced that it bought a plot of land in Warsaw where it plans to build a 600-bed student housing project, as the beginning of a broader expansion in the Polish market and the region. “We have ambitious plans to acquire a portfolio of projects in Poland…

French real estate group Catinvest invests EUR 36 million in the expansion of ElectroPutere Parc in Craiova, which consists of a new 13,500 sqm space built under a long-term lease contract for Leroy Merlin – which in turn is selling its 11,000 sqm space to serve as an extension of the shopping mall. The shopping…

The Belgian company Bekaert, specializing in materials science, steel wire processing, and surface coating technologies, has signed a Virtual Power Purchase Agreement (VPPA) to buy 100 GWh of electricity from the wind farm that Rezolv Energy, owned by the British investment fund Actis, is going to develop in Romania. “This agreement not only enhances our…

Romania’s government raised RON 14 billion (EUR 2.8 billion) with its bond issues dedicated to resident retail investors under the Fidelis and Tezaur schemes this year alone – out of a total of RON 140 billion (EUR 28 billion) in total public financing in the period, according to Treasury head Stefan Nanu, quoted by Profit.ro.…

The largest parenting event in Romania, ParentED Fest, will take place on October 3, 2024, in the Aula Magna at the University Politehnica of Bucharest, bringing some of the most renowned international speakers in the field face-to-face with the Romanian audience. Dr. Shefali Tsabary, a world-renowned clinical psychologist and bestselling author, will speak, for the…

The lack of specialists is one of the top concerns of Romanian entrepreneurs and SMEs, according to the report “Talent Insight. The Workforce and SMEs” developed by Pluxee Romania and Ipsos Romania. The study was designed to provide an in-depth analysis of how SMEs recruit and motivate employees and pinpoint the main challenges, trends, and…