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Romania has among lowest annual inflation rates in EU

Romania’s inflation rate stayed in the negative domain in October, reaching -1.4 percent and coming in next to last among EU member states, according to data released by Eurostat, the statistical office of the European Union.

EUR 5 mln residential project to be delivered in August 2016 in Cluj

A EUR 5 million residential project called Contemporano will be developed in the semi-central area of Cluj-Napoca, Coldwell Banker announced. The project is developed by EBS Real Estate Investment in partnership with local construction company Coratim Group and will be completed in August 2016.

The lack of human resources keeps the Romanian software industry from developing more rapidly

The main factor that blocks the faster development of the Romanian software industry is the lack of available human resources. This happens because the number of those who graduate technical specializations is too small compared to the market’s demand, according to representatives of the Employers’ Association of the Software and Services Industry (ANIS).

Success stories at Bucharest Stock Exchange 3

Bucharest Stock Exchange invites you to take part at the event series “Success stories”, featuring interesting life and career stories of the most important people in the capital market in Romania.

Industrial and Office Segments on the Investment radar

Life on the real estate market in Romania is improving. If October was dedicated to the residential segment, November covers the commercial and investment. The last edition of Foreign Investment Summit, organized by Business Review, gave us access to information provided by a part of the market dealing with these latter segments.

Foreign direct investments reach EUR 2.5 bln in Romania in 9 months

The foreign direct investments in Romania were EUR 215 million in September increasing the total for the first nine months of this year to EUR 2.51 billion.

New property tax system expected to raise office demand by 25 pct

The new tax system for homes used as firms, whether they are apartments or villas, applicable starting next year, could result in an increase of approximately 25 percent in the demand for spaces in office buildings, according to a study real estate company Regatta.

Romania’s GDP goes up 1.4 pct in Q3, largest increase in Europe

According to data released by the National Institute for Statistics (INS), Romania saw a 3.7 percent increase of the GDP during the first nine months of 2015, the same level registered during the first half of the year. During the third quarter GDP indicated a 3.6 percent rise over the same period of the previous year.

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