yesterday, 10:24

Romania lending institutions in the first quarter of 2023 tightened lending standards for all loan categories amid expectations about the overall economic situation, monetary or macroprudential policy more

02.08.2023

2022 was a pretty good year for the Bucharest office market in terms of demand, given the generally difficult economic climate, with demand being comparable to the good times before the pandemic, more

01.18.2023

Companies leased a total of 332,922 square meters of office space last year, which includes new office space leases and contract renegotiations. Demand for new office space is up 13% in 2022 compared more

12.06.2022

The Bank Lending Survey released by the European Investment Bank (EIB), with a focus on Central, Eastern and Southeast Europe (CESEE), looked into data collected in September 2022 and outlines the more

09.27.2022

The most in-demand jobs in the IT industry in Romania are interface developer, software engineer, security specialist, big data analyst and quality assurance specialist, according to Undelucram.ro, more

08.01.2022

The four-star Cismigiu hotel of Bucharest, one of the city’s landmark buildings, controlled by Spain’s Hercesa, expects to reach EUR1.45 million turnover by yearend, 80% of the benchmark 2019 more

07.26.2022

Industrial and logistics leasing activity increased by 50% in the first half of the year compared with the same period last year and totaled 542,000 square meters, according to data from real estate more

06.20.2022

Industrial space demand remains high in 2022, particularly in the western and central areas of Romania, with developers having 500,000 square meters under construction, and 44% of the area is already more

05.05.2022

The leasing activity of industrial and logistics spaces in Romania increased by 50% in the first quarter of 2022 versus the year-earlier period, exceeding the 300,000 square meter threshold and more

02.15.2022

The demand for industrial space in Romania has exceeded the threshold of one million square meters in 2021 for the first time ever for the market, with the lease activity being fueled by new contracts more

08.23.2021

Activity on the office space market remained relatively weak in the first half of 2021, with feeble signs of recovery to pre-pandemic levels, considering that companies do not yet have a clear picture more

08.10.2021

The new travel restrictions, namely the inclusion of Greece, France and Spain on the red list and of Turkey on the yellow list, are significantly pushing up demand for the Romanian seaside. more

05.20.2021

Demand for cars is on the rise, says Alin Tapalaga, general manager of Porsche Inter Auto, as many companies postponed refreshing their fleets in 2020. more

03.12.2021

The total demand for office space in capital Bucharest plunged nearly 40% on the year in 2020, down to 214,000 square meters, the lowest level since 2012, and the new demand reached approximately more

03.08.2021

The supply of houses is preparing for an increase, the high number of land deals lately shows. more

02.25.2021

Demand for office spaces in Bucharest will increase by 20-30% this year, as a significant part of the major tenants are actively evaluating options for space optimization, real estate consultancy more

02.17.2021

The year 2021 had a very dynamic start in terms of staff recruitment, with increased demand for staffing in retail, tech, pharmaceuticals, logistics and transport, said Florin Godean, country manager more

09.09.2020

Demand on the real estate market grew 15% in August 2020 compared with January 2020, after a steep decline of nearly 70% at the end of March, against the backdrop of the coronavirus pandemic, market more

09.09.2020

The pandemic strained inventories of construction materials as developers that already had apartment buildings under construction continued working on them. Under the circumstances, they turned to more

08.20.2020

Companies in the IT&C sector were the active on the office space rental market in capital Bucharest, generating over 40% of demand in the first half of 2020, being followed by firms in the more

08.03.2020

The total office space demand in capital Bucharest decreased by nearly 28% in the first half of 2020, to little over 124,000 square meters, while the new demand has halved, below 45,000 sqm, per data more

07.07.2020

Companies have started to increase the office space allotted to each employee, with demand growing to on average 20 square meters per employees from 10 square meters before the Covid-19 pandemic, in more

06.16.2020

The main concern of chief financial officers is a drop in demand, as 73% of CFOs questioned estimate a drop in domestic demand, while 45% see a drop in external demand, according to Deloitte's CFO more

05.07.2020

In 2019, the truck tire demand across the European Union was slightly higher than in 2018, as per data by Bridgestone Romania, which also show that the increase in Romania was significantly higher more

04.30.2020

Real estate developer One United Properties has signed more than EUR5 million worth of contracts to sell apartments in the past month alone. Even though home buyers’ appetite dropped quite a lot in more