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Office Market News

JLL appoints business development director

Viorel Opait has been appointed business development director with the local office of real estate services firm JLL. He will be focusing mostly on the office and industrial segments.

Qatar Embassy in Bucharest to relocate to new premises

The Embassy of Qatar in Bucharest relocated in Aviatorilor area, in the vicinity of Foreign Affairs Ministry, according to DTZ Echinox, the company which brokered the transaction.

Romanian call center dials up its turnover by 30%

Romanian call center Blue Point increased its business by 30% last year, posting a EUR 1.69 million turnover.

Romanian office design company redesigns turnover upwards

Office interior design company Techno Office estimates a 30% increase in its turnover this year, up to EUR 3 million. It also wants to increase the number of projects.

Endava opens new development center in Pitesti

IT company Endava has opened its fourth development center in Romania where it plans to bring onboard more than 100 IT specialists over the next three years.

PwC report: M&A activity in Romania stays at EUR 1.2 bln

The Romanian mergers and acquisitions market stood at around EUR 1.2 billion, in 2014, a similar level to that in 2013, according to a PwC Romania analysis.

Insolvent real estate project in Romania posts EUR 76 mln debts

The real estate project Pipera City, currently under insolvency, has amassed EUR 76 million debts, EUR 27 million of which to the local bank Bancpost, reports local Wall-street.ro.

Orange Romania relocates half of its employees in Green Court

Orange Romania has relocated 1,630 of its local employees in the first building of Green Court, an office building developed by Skanska in northern Bucharest.

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Alexandra Filip

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