Economics
Dunwell has brokered the leasing of 6.000 sqm of industrial space for XXXLutz in WDP’s warehouse in Dragomiresti
February 22, 2021 11:01
XXXLutz has leased 6.000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s RingRoad, space that will optimise the supply of its stores XXXLutz Militari and Pallady. The transaction was brokered by Dunwell, the only real ...more »
Dynamic Selling Group unifies the operations of Teraplast and Ramplast
February 22, 2021 10:50
Dynamic Selling Group announces the completion of the acquisition of the Teraplast PVC profiles division, following the favorable opinion sent by the Competition Council regarding this transaction. The Dynamic group of companies thus reaches a PVC ...more »
The budget of Measure 3 to support investments should be increased by at least EUR 500 million shows REI Grup
February 18, 2021 10:27
The Measure 3 - "Investment grants for SMEs" budget, intended for companies affected by the pandemic period but wishing to continue their development projects this year or diversify their activities, should be supplemented by at least EUR 500 milli...more »
Dentons advises The Black Sea Trade and Development Bank on a 50 million EUR financing for a green development in Romania
February 18, 2021 08:38
entons’ Bucharest office advised The Black Sea Trade and Development Bank (BSTDB) on its 50 million EUR financing to One United Tower for a green office building development in Romania. This represents the largest financing deal on the office mar...more »
The European hotel industry is expected to reach again the 2019 performance levels starting from 2023
February 15, 2021 14:13
The current disruption of the European hotel industry will continue until mid-2021 and the recovery period will be significantly longer, as 51% of hospitality owners, lenders, developers and investors expect to reach again the 2019 performance leve...more »
COVID-19 crisis will accelerate the CEE banking sector consolidation
January 28, 2021 11:28
The COVID-19 crisis is expected to accelerate the consolidation of the banking sector in the Central and Eastern Europe (CEE) in the following years, as smaller players might not be able to weather the profitability and capital challenges, accordin...more »
Romania scores low in the Corruption Perception Index released by Trasparency International
January 28, 2021 09:42
With a score of 44 points out of 100, Romania remains in the top three most corrupt countries in the European Union shows Transparency International in the 2020 Corruption Perceptions Index. Although the scores are similar to those of 2019 for mos...more »
Romania to get EUR 100 bln. of EU funds in the financial program 2021-2027, three times more than between 2014-2020. Agriculture and sustainable development programs, one-third of the total budget available
January 21, 2021 18:15
Romania is to receive a total budget of 100 billion euros in the European financing period of 2021-2027, of which 79,9 billion euro represents non-reimbursable European funds distributed in 9 operational programs across several key sectors of the e...more »
ENGIE Romania acquired a photovoltaic park with a capacity of 9.3 MW
January 14, 2021 17:57
ENGIE Romania has completed the acquisition of a photovoltaic park, consisting of two farms, with a total installed capacity of 9.3 MW. The park is part of Ever Solar SA, a subsidiary owned by the German photovoltaic park developer, Soventix, and A...more »
More than 650.000 sqm of warehouse were leased in Romania in 2020
January 14, 2021 17:50
Real estate agencies have brokered more than 650.000 sqm of warehousing spaces during last year, althroughout Romania. Most of the contracts were new leases, which is very positive for a pretty atypycal year from a commercial perspective.  &nb...more »
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