Investors from Austria, the Czech Republic and Hungary are at the top of those who chose commercial real estate properties in Romania in 2021 with approximately a third of the acquisitions, shows an analysis made by Fortim, member of BNP Paribas Real Estate Alliance.Thus, last year, the Austrian companies bought in Romania real estate assets (offices and retail space) worth 323 million euro, while investors from the Czech Republic invested 173 million euro and those from Hungary 150 million euro. Fourth in the top are domestic investors, through companies with Romanian shareholders which acquired real estate assets worth 119.55 million euro. Among the big Romanian investors who compared to foreign investor are Dedeman and the company One United Properties. For this year, an investment fund from the Czech Republic analyses the development of a new project, worth some tens of thousands of square metres of offices in Bucharest, in the central area, say the analysis makers.According to the quoted source, at the level of Europe, in the spring of 2020, the majority of foreign investors postponed their transactions until Europe reopened. During the whole year, until Q1 2021 foreign investments dropped by 38% against the same period of 2020, but later the situation improved.Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance in Romania is a company for real estate consultancy set up in 2002.
TikTok has launched an Election Center dedicated to Romania's upcoming elections as part of its broader effort to protect "the integrity of the platform" and promote access to reliable information. The initiative is supported by a new media literacy campaign and ongoing collaboration with more than 20 fact-checking partners, the company said in a statement. […]
Romanian acting president Ilie Bolojan met on Friday, April 25, with a delegation from the Office for Democratic Institutions and Human Rights, or ODIHR, of the Organization for Security and Cooperation in Europe (OSCE), according to a statement from the presidential administration. The acting president told the delegation that Romania "is faithful to democratic principles […]
Shareholders of Romanian oil company OMV Petrom recently approved the distribution of record dividends amounting to RON 2.8 billion (EUR 562.6 million) for the 2024 financial year, as well as the 2025 budget, which provides for investments of RON 8.1 billion (EUR 1.6 billion). The decision was taken during the Ordinary and Extraordinary General Meetings […]
The 2025 edition of the European Film Festival (FFE), which takes place this year in Bucharest and nine other cities, will screen more than 40 feature films, 28 of which are national premieres. The festival will also present two selections of short films, also screened as national premieres. Among them are 11 documentaries, 13 films […]
Update: The Romanian Ministry of Foreign Affairs said in an official press release that the Romanian citizen was initially detained in the Abkhazia region four months ago and was later transferred to Sochi, Russia. "Steps have already been taken to provide consular protection and assistance with the central and local authorities, in accordance with international regulations," […]
Russia’s Federal Security Service, FSB, said on Friday, April 25, that it arrested a 23-year-old Romanian citizen on suspicion of spying for Ukraine by sharing the locations of Russian air defense systems. The unnamed man is accused of collecting and transmitting information about air defense sites in the Black Sea resort city of Sochi to […]
