Leasing activity in the Bucharest office market in the first half (H1) of 2024 saw new demand rise by 7% year-on-year, reaching 64,000 sqm, while total demand slightly decreased to 160,000 sqm, according to Colliers’ report on real estate market developments for the first six months. Contract renewals accounted for roughly 50% of transactions, driven by uncertainty over hybrid work.
Additionally, according to Colliers, there were two consecutive quarters without new modern office completions,...
Timișoara mayor Dominic Fritz has traveled to Istanbul as part of a delegation of European mayors showing solidarity with the arrested mayor Ekrem İmamoğlu. The European delegation also includes the mayors of Barcelona, Athens, Budapest, Sofia, Utrecht, and Zagreb. The European mayors want to draw attention to “the political nature of the arrest of Ekrem […]
Romanian media reported on Wednesday, August 27, that president Nicușor Dan is considering business lawyer Gabriel Zbârcea to lead the Romanian Intelligence Service (SRI), a politically sensitive appointment that requires parliamentary approval.
Romanian Ana Maria Andronic is among the five national nominees shortlisted for the Golden Aurora Award 2025 – European Woman Angel of the Year, Start-up.ro reported. The award recognizes female business angels “who are shaping the future of innovation, entrepreneurship and impact investing across...
Bucharest recorded 777,756 tourist arrivals in the first five months of 2025, according to data from the National Institute of Statistics (INS), quoted by Agerpres. The peak of tourist traffic was reached in May, with 189,594 arrivals, while January recorded the lowest...
Bolt has launched its XL category in Bucharest, allowing larger groups of people to travel in the same car, according to a company announcement quoted by Profit.ro. The service is designed for groups of up to six passengers, such as families or groups of tourists traveling together. The company...
Romania’s national railway operator CFR has signed with the Austrian group PORR Construct the contract for the design and execution of the rehabilitation works for the Băile Herculane – Poarta railway segment, Economedia.ro reported. This is part...
