Patria Credit IFN, the oldest non-banking financial institution dedicated to microfinance in Romania, reported its financial results for 2024. As of December 31, 2024, Patria Credit’s loan portfolio was worth 185 million lei, up slightly compared to December 2023. The […]
Every summer, Timisoara becomes a center of contemporary jazz, a place where innovative sounds, renowned artists and passionate audiences come together to create a unique musical experience. JAZZx, now in its 13th edition, continues to innovate by offering a diverse […]
Only 73 percent of urban Romanians own their home, significantly below the official 95 percent statistic, according to a survey of 1,000 respondents conducted earlier this year by Unlock Market Research for Colliers. Interest in homeownership has dropped from around […]
OMV Petrom, the largest integrated energy producer in Southeastern Europe, announces the closing of the farm-down transaction between its subsidiary OMV Offshore Bulgaria and NewMed Energy Balkan, a subsidiary of NewMed Energy. NewMed Energy is Israel’s leading energy partnership in […]
Sara Roman’s journey into the spotlight began at Europe’s only children’s radio station, Itsy Bitsy, where, at just seven years old, she was already hosting her own show, Meserii pentru copii (Professions for Kids). Sara’s career quickly expanded to national […]
MHP Consulting Romania marks a new stage of development with the appointment of Radu Radovici as CEO. This transition follows nearly 11 years of leadership from Bernd-Otto Hörmann, during which MHP Romania became the largest MHP subsidiary worldwide. A remarkable […]
Vienna Insurance Group (VIG) announced its financial results for the last year. In 2024, the premium volume of EUR 15.2 billion exceeded the previous year’s figure by 10 percent, while profit before taxes increased to EUR 881.8 million (+14 percent). […]
Digital Innovation Summit Bucharest (DISB), an event focused on technology and innovation, returns in 2025 with an expanded edition. Organized by the National Institute for Research and Development in Informatics (ICI Bucharest), DISB 2025 will take place from April 8-11, […]
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 […]
Vastint Romania has signed a new lease with ÖBB Rail Cargo Group, for approximately 600 sqm of office space in C building of Business Garden Bucharest. ÖBB Rail Cargo Group, the second largest rail logistics provider in Europe, is relocating […]
