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IT company Luxoft hires 100 and plans to open centre outside Bucharest

IT services provider Luxoft Romania, one of the top 10 players in the local software market, has over 100 open positions and will hire at least 100 people, according to Bogdan Pelinescu, the company’s general manager.

Practic plans to invest in office, residential and retail spaces in Bucharest

Practic Bucharest, a Romanian real estate player, aims to expand its assets on the property market, according to a company's release.

Three Romanian entrepreneurs join forces in real estate business

Ionuţ Dumitrescu, Johny Jabra and Geo Mărgescu, three entrepreneurs who sold to foreigners properties in Romania exceeding EUR 100 million are now putting together their assets in order to entry the competition with real estate giants. They aim offices and residential developments.

Romanian employees work the most in the EU

Romanian full time employees worked the most hours of all the employees in the European Union, some 41 hours a week, on average, according to a report by the European Foundation for the Improvement of Living and Working Conditions (Eurofound).

Casa Rusu in Constanta expands by 710 sqm

Casa Rusu, the furniture retailer of Romanian furniture producer Rus Savitar, announced an expansion of its space by 710 sqm, involving an investment of EUR 120,000.

Small cities present expansion options for office space market

Bucharest is leader on the office space market, followed closely by the main University centres (Cluj-Napoca, Timisoara, Iasi). Still, there’s unexplored territory in secondary university centres like Brasov, Craiova, Sibiu, Galati, says an ESOP study.

Lidl opens a new 1,200 sqm store in Bucharest

Lidl continues investments in Romania by opening a new 1,200 sqm store in Bucurestii Noi, show company representatives.

Deutsche Bank’s Romanian IT centre reaches 300 staff milestone

Deutsche Bank announced that its technology centre in Bucharest, DB Global Technology S.R.L., crossed the 300 employee milestone, ahead of the initially set target. Over 100 IT&C specialists from various IT fields have been hired only in the last 4 months.
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