Construction labor cost and availability become the main concern of real estate developers in Central Europe in 2025 (26%), surpassing project financing, the dominant issue in recent years, followed by construction costs (20%) and plot acquisition for future developments (18%), […]
The average office fit-out costs in Bucharest increased by 12 percent in 2024 compared with the previous year, surpassing the €1,000/ sq. m threshold. This evolution aligns with regional trends, as most capital cities have seen cost increases ranging between […]
Romania’s land market remained stable in 2024, with transaction volumes close to the 450 million euro recorded in 2023, despite an economic and political climate marked by uncertainty, according to Colliers’ annual report. Bucharest and its metropolitan area continued to […]
For the first time in Romania, the European Businesswomen’s Federation – PEFA launches the Women’s Entrepreneurship Index-IAF, an essential tool for measuring and understanding the impact of women’s contribution to the Romanian economy and in the decision-making process at all […]
As power-intensive Generative AI (Gen AI) consumption grows faster than other uses and applications, electricity consumption by data centers is forecasted to double to 4 percent of global electricity consumption by 2030, according to the latest edition of the Deloitte […]
Schneider Electric, leader in the digital transformation of energy management and automation, today released the third edition of its consumer survey in a white paper titled Evolving home energy consumption: Intentions, actions and hurdles to greater home energy efficiency. It […]
This year has been a mixed bag for Romania’s overall achievements and results, with both robust infrastructure activity, a strong recovery in real estate investments, and an economy that underperformed due to lower-than-expected GDP growth, according to Colliers consultants. While […]
TeraPlast Group reported a 32% increase in turnover after the first nine months of 2024, reaching RON 681 million compared to RON 517.3 million in the same period of 2023. EBITDA reached a similar level compared to the first three […]
Raiffeisen Bank continues to redefine the banking experience in Romania. The results of the first 9 months of the year support personal financial planning performance through Raiffeisen Smart Finance tablet, as well as significant developments in daily banking activities. We […]
Christina Verchere, CEO OMV Petrom: “In the first 9 months of the year, market demand for all our products was slightly higher with volatile, declining prices for natural gas and electricity and significantly lower refining margins. The operating result excluding […]
