Economics
Hornbach's business grew by 5.7% in the first half of 2017-2018, to 2.3 billion euros
October 16, 2017 16:49
The Hornbach Group maintains the trend of growth in the first half of 2017-2018. From March 1 to August 31, 2017, Hornbach Holding AG & Co. KGaA reported a 5.7% increase in turnover, to 2,310.3 million euros (compared with the same period of the previous year: 2,186.7 million euros)....more »
Three Romanian companies among the fastest-growing technology companies in Central Europe
October 16, 2017 15:17
Three Romanian companies made it to the Central European Deloitte Technology Fast 50 ranking and one received a special award for the Most Disruptive Innovation. The speed of growth among Central Europe’s technology companies continues to accelerate, with average growth between 2013 and 2016 hitting a new record of 1,127%. ...more »
Energy efficiency projects developed in Romania, favoured sectors and available financing solutions
October 16, 2017 13:40
The Romanian Energy Efficiency Forum, the most important annual event dedicated to the development of sustainable energy programs, reached its fourth edition. At the discussion table came key people in this sector, from Government representatives, specialists from project developers, large profile companies, and banks that can fund this sector. Organized by the Romanian Association for the Promotion of Energy Efficiency (ARPEE), together with GOVNET Conferences, the debate highlighted both legal bottlenecks and the present opportunities in energy sector, concrete project financing solutions and examples of good practice at the local level....more »
IMF has improved its estimates for Romania's economic growth in 2017 and 2018
October 11, 2017 13:59
The International Monetary Fund (IMF) has revised its growth estimates for the Romanian economy this year, from 4.2% to 5.5%, according to the latest World Economic Outlook, published by the international financial institution. The IMF has also improved its forecast for the growth rate of Romania's economy in 2018 to 4.4%, compared to the 3.4% forecast projected in April.  ...more »
Romania has the richest energy mix in the region, if not in Europe, says Energy Minister
October 10, 2017 15:52
Romania currently has the richest energy mix in the region, if not in Europe, and should be used as such, Energy Minister Toma Petcu said, adding that the Energy Strategy of Romania is a project that can represent our country at least in the next 20 years. The document is under discussion at the Ministry of the Environment. My goal is to transform the Romanian Energy Strategy in law, move it to Parliament for discussions and approval. ...more »
The first corporate car sharing solution in Romania
October 10, 2017 14:38
In the context of the shift towards auto-mobility – electric cars, autonomous driving, route optimization technology – Porsche Finance Group launches the first corporate car sharing solution in Romania, under the group’s international brand. ...more »
Romanian Energy Efficiency Forum 2017 to draw the next strategic directions on the local market
October 10, 2017 11:45
The Energy Efficiency Forum, the most important annual event dedicated to energy efficiency and the development of sustainable energy programs, has reached its fourth edition at an opportune moment in this field, considering the new strategies for the implementation of the EU Directive no. 27/2012. Organized by the Romanian Association for the Promotion of Energy Efficiency (ARPEE) together with GOVNET Conferences, the event will discuss both the opportunities and the challenges encountered during the implementation of energy efficiency programs ...more »
M&A wave: Two acquisitions announced every week in Q3
October 09, 2017 11:51
The M&A market in Romania has reached 898 million EUR in Q3, according to public sources and disclosed transactions, an analysis performed by Deloitte Romania has revealed. Twenty-eight deals were announced in Q3, including those with undisclosed value, representing two deals a week on the average. ...more »
EUR 17.1 mn transaction: CTP acquires a logistic park from UBM
October 06, 2017 14:45
CTP bought the The Chitila Logistic Park (CLP) from UBM Development in a deal valued at EUR 17.1 million. CLP has a strategically advantageous location and is well-connected to the west of Bucharest. The rentable areas span from 1,750 m² to up to 45,000 m² and can be used for storage, distribution and light industry activities....more »
Belgian developer Atenor to develop a new office project in Expozitiei Boulevard
October 06, 2017 09:20
The Belgian real estate developer Atenor has bought a new site of approximately 11,600 sq.m located in the North-Western part of Bucharest, in the Expozitiei/Piata Presei Libere area, that will allow the company to develop a new office project of approximately 44,000 m²....more »
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