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Articles

Romania ranks third in the region with 61 companies in Coface Top 500 CEE

Romania has surpassed the Czech Republic in Central and Eastern Europe as the number of companies present in the top 500 largest companies in the region, being the third country in the ranking, with 61 companies, after Poland and Hungary.

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Project1, a new company specialized in office fitout in Romania

Entrepreneurs Ștefan Olaru, Tudor Chindea and Valentin Nour set up Project1, a company specialized in fitout services for corporate offices. The company aims to end 2019 with a turnover of ten million euros, and the target for 2020 is a turnover of 20 million euros.

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Land transactions in Bucharest: over 500,000 square meters were traded in the first 6 months of 2019

Real estate investors bought land worth over 50 hectares in Bucharest in the first half of this year.

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THE LIGHT ONE: The latest project in Central-Western Bucharest

Ready to move your business to Bucharest’s most vibrant business district? Enter the world of innovation and creativity and discover The Light One Office Building. The first development phase of the mixed-use project The Light is underway, delivering 21,653 sqm in Q2 2019.

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Business executives expect automation to increase workforce capacity by 27% over the next three years

Business executives expect automation solutions such as robotics, machine learning and natural language processing to increase workforce capacity by 27% over the next three years, shows the latest Deloitte Automation with Intelligence Survey, conducted on over 500 organisations in 26 countries worldwide, including Romania.

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Commons opens a new coworking space in Baneasa

Commons will open in October its third coworking space in Bucharest. The new Commons space is located in the Victoria Business Park building owned by IMMOFINANZ, located in Baneasa area. This is the company’s third coworking space opened in Bucharest, thus strengthening the company's position on the city’s office space market.

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More Fortune Global 500 companies locating in CEE-6 will increase demand for commercial real estate

Now, Romania counts 105 companies out of the global top, while Poland or Czechia count 139 and 111 respectively.

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Vox Technology Park leases 1,200 square meters to Nestle, MHP – A Porsche Company and Tech Mahindra

Office project Vox Technology Park from Timisoara leased 1,200 square meters of office space to Nestle, MHP Romania – part of Porsche Group, and to Tech Mahindra.

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