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Articles

Romania’s economy grows by 4.2% in the first quarter

Romania’s gross domestic product (GDP) increased by 4.2% in the first quarter of 2015 compared to the same quarter of last year, according to data released by the National Statistics Institute (INS) on Wednesday, May 13.

The Parliament adopted the Business Angels Law, which could transform any person with money and tax records to an investor

The law was adopted on 29 of April, being part of the Government strategy for developing an active, incentive and transparent business environment,

Possible merger between Mega Image and Ahold

Belgian supermarket chain Delhaize, the owner of the Mega Image supermarket chain in Romania and Dutch retailer Ahold have started negotiations on a possible merger, according to Belgian newspapers, cited by Reuters.

DTZ to buy Cushman&Wakefield for 2 billion $

Exor signed an agreement for the sale of Cushman&Wakefield to the real estate company DTZ for 2 billion dollars, including debts.

European non-listed property funds deliver best performance since 2006

European non-listed real estate funds delivered their best performance since 2006 last year, according to INREV. The industry body’s annual index recorded an 8% return, the highest since before the financial crisis.

Fewer real estate transactions in Romania in the first quarter

The number of real estate transactions in Romania dropped in the first quarter of the year, to 199,122, down 7,000 year-on-year.

Net nominal average salary, up 5.7% in March, to 1,829 lei

The net nominal average salary stood in March 2015 at 1,829 lei, on the rise from the previous month by 98 lei (5.7%), with its highest values having been recorded in the production of tobacco products (5,799 lei) and the lowest ones in hotels and restaurants (995 lei), according to the data released on Thursday by the National Statistics Institute (INS).

Coffice, a new business concept, for businesses

The problem of the initial investment in a business was always a big problem for the entrepreneurs. What about renting a package including everything connected to the space, office furniture, internet subscription, heating, air-conditioning, video projectors, cables, copy machines?

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