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Articles

Cora closes down hypermarket in Romania

French-Belgian retailer Cora will close on June 1 the store it operates within the retail center Galleria Arad in western Romania. It is the first hypermarket Cora closes down in Romania.

16 million broadband connections in Romania in 2014

Broadband internet connections reached the number of 16 million at the end of 2014, most of them (12 million) being mobile broadband internet connections based on subscriptions, according to the preliminary statistics presented last week by the National Authority for the Management and Regulation of Communications (ANCOM) at the 19th edition of the Communications Day Conference.

Telekom Romania to sell or rent 24 properties

Telekom Romania Communications put up for sale or partial re-letting 24 properties in Bucharest and seven other cities at a starting price of EUR 26.3 million, the company said on Thursday.

Coface: Number of insolvencies halve in Romania

The number of insolvencies decreased by 58% year-on-year in the first quarter of 2015 in Romania.

Sustainability certification, now also applied to the office furniture

Techno Office, one of the main leaders of the local market of complete solutions for office fit-out, announces that the furniture producer Haworth, exclusively represented locally by the company, has sustained the development of the „level” program, a possibility of green certification for the office furniture.

Papalekas: Demolishing and expropriation of Cathedral Plaza tower will cost Bucharest City Hall EUR 100 million

The day after Bucharest City Hall launched an auction for 1 million lei for the technical evaluation of the office tower Cathedral Plaza, Millennium Building Development, the owner of the building, announces that the State action is “correct and legal”, taking into consideration the that the demolish and the expropriation will cost EUR 100 million.

Higher tax for micro enterprises in Romania with no employees

The Romanian Government has decided to increase the tax contributions for small firms without any employees from 3% to 5% of their turnover, according to a draft project that the Senate approved earlier this week.

Flash Office Solutions doubles its space in Maria Rosetti Tower, with the help of ESOP

Flash Office Solutions has rented its second office floor in Maria Rosetti Tower building in Bucharest, the expansion transaction being brokered by the company ESOP Consulting.

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