07.16.2025

Amazon Development Center, a company established in 2005 in Romania's city of Iasi by US giant Amazon, will be firing more than 500 employees from the Retail Business Services Division. during this more

06.30.2025

The owner of shopping centers Unirea Shopping Center of Bucharest and Brasov wants a repositioning of the units on the retail market, in line with current consumption tendencies, by redefining more

06.18.2025

Romania has the potential to become a key hub in the regional data center landscape, as it has a robust IT infrastructure, skilled workforce, and a supportive climate, considering that the local data more

06.17.2025

Schrack Technik Romania, part of Austria’s Schrack Technik GMBH Group, one of the leading actors on the market of electrical installations and equipment, has invested about EUR15 million in the more

06.17.2025

German group Hella, part of Forvia conglomerate, the world’s seventh largest car supplier, continues operational reshuffling in Romania and announces, according to some market sources, the shutdown more

05.08.2025

Construction of a large data center, of 200 MW, is set to begin in Romania. The center will to be located in western Bucharest, with the project set to attract estimated investments of EUR1.4 billion more

04.24.2025

Dutch company Envipco, a producer of equipment for the selective collection of beverage packaging, has opened an engineering center in Liberty Technology Park of Cluj-Napoca, currently owned by more

04.22.2025

The Romanian data center market is witnessing significant growth, with lots of construction and expansion projects and a lot of interest from European and US developers, data center designer and more

04.15.2025

Real estate consultancy Colliers has been designated to manage Victoria Center office building of downtown Bucharest, a project that was in early March acquired by Solida Capital, a company founded in more

04.08.2025

Outsourcing service provider Genpact Romania, the local subsidiary of the Indian group by the same name, continues investment in Iasi by opening a new delivery center, its officials said in a more

03.28.2025

Real estate developer Sema Real Estate has leased over 1,000 square meters of space to Elite Skills Arena, which will open the most advanced football training center in Sema Parc, the company has more

03.20.2025

SAMEDAY, held by eMag Group and one of the leading players in the courier services industry, has inaugurated a new logistics center, in the town of Ghimbav, Brasov County, following an investment of more

03.18.2025

Italian group Zoppas Industries, one of the global leaders specializing in thermal solutions and heating elements for various industries, including home appliances, automotive, and aerospace, has more

03.18.2025

EY’s Strategy and Transactions and Transaction Tax Advisory teams provided Solida Capital with financial and fiscal due diligence services for the acquisition of Victoria Center office building from more

03.18.2025

A local R&D center is likely to be added to car and engine production and EV battery assembly, stated Firat Elhuseyni, Ford Otosan Romania president. more

03.04.2025

Investment and asset management firm Solida Capital has acquired the Victoria Center office building, located in downtown Bucharest, from Manova Partners. more

12.17.2024

Autoklass Center SRL, the business controlled by Enrico Perini, who also owns Romstal, has taken over distribution and service activities for Volkswagen Autoturisme, Voslkswagen Autovehicule more

12.05.2024

Praktiker Real Estate, the property company owned by Turkish businessman Omer Susli, has completed the acquisition of the Muntenia Business Center office building, in central Bucharest, and the more

11.13.2024

Vodafone group will open a cybersecurity center in Romania this month serving several European markets, in line with an announcement the British company made in an investors report as it announced more

11.05.2024

Hotel company ARO Palace Brasov (stock symbol: ARO), controlled by alternative investment fund Transilvania Investments Alliance (stock symbol: TRANSI), has called shareholders for a meeting on more

10.21.2024

Dutch-Belgian group Ahold Delhaize, the owner of supermarket and proximity store network Mega-Image, plans to hire 30 more IT experts by the end of 2024 at AD/01, the technology company launched in more

10.09.2024

SITA, the world's leading specialist in air transport communications and information technology, has announced the opening of a research and development (R&D) center in Cluj-Napoca, which is the first more

10.08.2024

Japanese-held JTI, which produces cigarettes under Winston, Camel and Sobranie brands, and owns ploom, a tobacco heating device, has set up a tech center in Romania, with around 140 employees at more

10.02.2024

Unirea Shopping Center, a company that manages two shopping centers in the cities of Brasov and Bucharest, reported net profit of RON737,386 for the first half of 2024, compared with loss of RON3.6 more

10.01.2024

Greek toy and interior decoration retailer Jumbo will be opening its first store in the city of Cluj, within the future Rivus shopping center developed by Iulius and Atterbury Europe. more