Fitout Solutions Design (FSD Group), an entrepreneurial company that provides construction, cleaning, and interior design services for commercial projects and office buildings, recorded a 20% increase in turnover in 2024 compared to last year, to over EUR 5 million. Of the total Fitout Solutions Design business volume, 90% comes from the retail sector, and the remaining 10% from the office sector. “We have recorded organic growth in the last year by attracting three new clients to the portfolio, and in the context of new retail and office projects in the country’s major cities. We have also expanded by increasing the number of international projects implemented,” said Laurentiu Chiosa, CEO and co-founder of Fitout Solutions Design. Cleaning services projects for commercial spaces and offices generated a total revenue volume of 2 million euros for Fitout Solutions Design in 2024 and are expected to grow this year, while the construction (furnishings and interior design) and retail and office furniture sales divisions each generated EUR 1.5 million. The most important fields of activity of Fitout Solutions Design clients are fashion, retail, IT&C, and Horeca and Food. Transparency in implementation, timely delivery of projects, and cost efficiency are the main pillars of the company’s growth in 2024. In the commercial area, the company’s evolution has been increasing, exceeding initial expectations since the beginning of 2024. According to Fitout Solutions Design, the allocation of projects to a general contractor is one of the most important trends that emerged last year. Also, in the office sector, companies have focused in 2024 on creating areas for employee relaxation through the creation of green and airy spaces.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
