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EUR 20 million capital increase for the company controlling Sun Plaza in Bucharest

Austrian company S Immo has increased with EUR 20 million the capital of the company Societate Dezvoltare Comercial Sudului (SDCS), which controls the commercial centre Sun Plaza in Bucharest’s district Berceni.

Altex to relocate 200 employees in Pipera business district in Bucharest

The electro-IT retailer Altex, the leader of the market segment in Romania, with revenues of 1.5 billion lei in 2014, will relocate its headquarters from Piata Presei Libere zone to Pipera, according to sources in the market.

Business Services Sector Needs Modern Offices

Over 70 percent of companies from the business services sector are planning to expand their office space in the next two years. According to “BPO and Shared Service Centres’ management speak out on real estate”, a joint report by Skanska and JLL, and prepared under the patronage of ABSL, a modern and conveniently located office adjusted to numerous and different working styles can create a competitive advantage for a company in the so-called “war for talents” as well as contribute to an increase of work productivity.

Ilfov county remains in the lead for highest average net wages in 2016

Ilfov county, including the capital Bucharest, will remain the Romanian county with the highest net wages in 2016, reports Gandul. According to data from the National Prognosis Committee (CNP) and the Statistics Institute (INS), this year’s average net wage in Ilfov will be RON 2,363 (EUR 523), an increase of 7 percent from 2015, according to the same source.

Real estate transactions registered EUR 800 million last year, below the level of 2014

Romania attracted in 2015 real estate transactions with a total value of nearly EUR 800 million, down compared to 2014, when EUR 1.15 billion real estate projects were transacted, including offices, retail, and industrial properties.

Industrial facilities market: Romania starts to be preferred instead of Poland and Czech Republic

On the industrial segment we assist to a growth, mainly in the production area, being a certitude that in 2014 Romania started to be preferred instead of Poland or Czech Republic, due to lower labour costs, qualified personnel and level of instruction.

EUR 11 million capital increase for the company controlling Novo Park offices in Bucharest

Businessman Liviu Tudor, one of the biggest office spaces owners in Bucharest, has increased with EUR 11 million the capital of one of the companies controlling the business park Novo Park in Pipera.

Bosch opens second business services centre

Bosch Service Solutions, a top-level supplier of business process outsourcing (BPO) services, opened a new business services centre in Timisoara on December 14, in order to back its continuous growth and development plans.

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