Economics

River Development, the developer of The Light project, leased to ON Semiconductor an area of 3,200 square meters in the first building - The Light One. The rented space was handed over in July 2020, for a period of 5 years.
“The Lig...more »

Sinsay, the Polish LPP brand signed with Colosseum Mall to open its flagship store in Bucharest, thus bringing an unique concept to the Romanian market. With a surface of 2000 sq m, the store from Colosseum Mall is going to be the largest LPP store...more »

The Superbet Group, one of Central and Eastern Europe's largest sports betting & gaming company, announces the acquisition of a 60% stake from Lucky7, an online casino founded by Olof Orn, Karl Ahlberg and Magnus Petersson. The transaction is the second step after an initial investment in the start-up phase, that, early in 2019, helped Lucky7 on their initial growth path....more »

The modern retail stock in Romania, consisting of shopping centers, retail parks and commercial galleries with a leasable area of at least 5,000 square meters, has reached 3.96 million square meters and will exceed the 4 million sq m threshold until the end of the year, according to Bucharest Retail Market and Retail Regional Cities reports, made by Cushman & Wakefield Echinox....more »

New housing has become more expensive in most European countries over the last years, including 2019. Among 23 countries participating in Deloitte Property Index Study, 20 showed growth in prices of new dwellings and only three of them saw a&n...more »

GOVNET Romania continues the series of online conferences dedicated to the Romanian business environment, with a new GovNETLive event that was organized on Thursday, July 16, 2020, on "Employee Safety at Work and Work at Home", developing within it...more »

The COVID-19 pandemic has had a profound impact on the business environment. With crypto currency as a growing part of international transactions, most businesses have exposure to crypto currency, while rogue actors are intensifying their activity ...more »

In March-May 2020, the local beer sector fell by more than 10 percent over the same period of the previous year shows data released by Brewers of Romania Association.
“Local brewers are very concerned about the situation in Horeca sec...more »

European Commission has purposed a 2.4 trillion EUR economic recovery package for all EU states and economic sectors affected by the COVID pandemic, mainly to minimize and to fight the possible material losses which could appear due to the global c...more »

The top 50 largest technology companies in Romania, which realise software and digital solutions for group companies or for third parties, have increased in the last ten years by approximately four times the turnover and teams in Romania, reaching ...more »
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