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Articles

Skanska: We’ll start in 2016 a phased office project in Politehnica area. The zone will be a new office hub

Swedish group Skanska, the developer of the office project Green Court in Floreasca - Barbu Văcărescu area in Northern Bucharest, intends to start a new office project next year, near the metro station Politehnica in Bucharest, where it has recently bought a 2.1 ha plot.

IKEA’s office project in Timpuri Noi neighbourhood in Bucharest becomes visible

The office project developed by Vastint Romania, the real estate division of Inter IKEA group, controlled by Swedish billionaire Ingvar Kamprad, on the plot of the former Timpuri Noi factory in Bucharest is becoming visible, as the foundation works are now carrying out.

Immofinanz consolidates office sector in Romania

Immofinanz, Austrian real estate investor announced several new partnerships and extensions of agreements with tenants in the local office sector, accounting for a total of over 21,000 sqm.

Embassy of Egypt relocates Bucharest headquarters

The Embassy of Egypt relocated its headquarters to Dorobanti Square in northern Bucharest, where many other embassies are based. DTZ Echinox brokered the deal.

Romania, among cheapest countries for temporary workforce

The temporary workforce in Romania is among the cheapest in the world, ranking 15th among 75 countries, according to a study by ManpowerGroup Solutions.

Ness SES opens second Technology Innovation Center in Romania, renting 2,800 sq. m

Ness Software Engineering Services (SES) is opening its second Technology Innovation Center in Romania, according to a company statement.

Insolvencies down by half in 2015 but larger companies file for the procedure, says CITR

Over the past year the number of insolvent companies has gone down by half but the impact of these insolvencies on the economy is nevertheless higher as larger companies than before are now filing for the procedure, according to information from insolvency consultancy CITR.

Salaries in IT, still low in Romania compared to Western Europe

The salaries in Romania’s IT sector are still low compared to those in Western Europe, despite the increases recorded in the last year.

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