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Articles

Timisoara Shopping City, a new successful project delivered by OPTIM PM

Optim Project Management is pleased to congratulate NEPI on the official opening, 31 March 2016, of Timisoara Shopping City. This new and most modern shopping mall outside of Bucharest, with a GBA of 74.000 sqm, was delivered in record time and comprises a Retail Mall, 13 screen Cinema City Complex including 4DX technology and IMAX and a Food Court area.

Offshore firms have EUR 1.1 bln capital in Romanian companies

Companies registered in tax havens such as Panama, Seychelles, Netherlands Antilles, British Virgin Islands or Bermuda, control more than 1,200 firms in Romania, in which they have invested over EUR 1.1 billion, according to Romania’s Trade Registry.

CGS opened in Miercurea Ciuc its sixth call center in Romania

American outsourcing company Computer Generated Solutions (CGS) opened a new call-center in Miercurea Ciuc, the sixth in Romania, where mostly Hungarian speaking employees will work, the company announced.

IMMOFINANZ’s gift for your headquarters: ONE summer

Relocate in June, pay in September!

JLL appoints Mariana Stamate as Head of Property Management for Romania

JLL has appointed Mariana Stamate as Head of Property Management for Romania with immediate effect. She will be responsible for coordinating JLL Romania integrated Property Management solutions for international property funds, private investors, developers, corporate owners and occupiers.

Hourly labor cost in Romania, five times lower than in the EU

The hourly labor cost in Romania, excluding agriculture and public administration, reached EUR 5 per hour in 2015.

1Q 2016 results: 15 pct. increase in office transactions for medium companies in Bucharest

The total volume of office transactions for the medium sized companies has increased in Bucharest with 15 pct, compared to the similar period of 2015.

Almost 9 in 10 top CEOs are happy with business in Romania despite poorly rated administration

Some 88% of the 200 business leaders questioned in an AmCham Romania survey have declared that their investments in Romania were meeting or surpassing expectations, despite the poor perception they had about the public administration.
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