Real estate developer Hagag Development Europe signed a partnership with Romanian peer Niro Investment Group to refurbish a 6,800 square meter office building built by the latter on land under concession in northern Bucharest.
The building will be renovated, and the first tenants will move in at the beginning of July. 18% of the office space has already been leased, and an occupancy rate of at least 70% is expected by the end of this year.
Hagag paid EUR 5 million to purchase...
Romanian environment minister Mircea Fechet stated on Thursday, April 24, that the Deposit-Return System, or SGR, has reached a sufficient level of maturity to consider introducing a fourth category of packaging, namely reusable packaging. According to the minister, who was present at the "SGR in Romania" conference that day, a draft Government Decision making the […]
Coffee brand Tchibo Romania relocated its headquarters to Business Garden Bucharest, Building A, 4th floor, occupying a space of 1,130 square meters. The rental transaction was facilitated by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance. “Tchibo, in the process of relocating its headquarters and consolidating its business with a new […]
In a world where customer attention is fragmented and advertising ROI is under constant scrutiny, Auchan Romania is setting a new standard for how brands connect with shoppers. “We’ve practically revolutionized the way we communicate and interact with consumers,” says Tiberiu Dănețiu, Director of Corporate Affairs & Retail Media at Auchan Romania, as he outlines […]
The hotel market in Bucharest is poised for significant growth, with over 1,000 new rooms expected to be added to the city’s accommodation capacity by 2027, according to a new report from real estate consulting company Cushman & Wakefield Echinox. This projected expansion comes on the back of a strong performance in 2024, as key […]
Mark Twain International School (Mark Twain IS), the first private school in Romania to offer a dual curriculum, officially announces the opening of its Admissions Center for the new campus currently under construction in Ilfov. This marks an important step in expanding the international educational network beyond Bucharest, meeting the needs of families living in […]
Romanian artists have learned to share aesthetic content with the world within the past few years. Unlike the traditional means of television and radio, the internet offers a limitless opportunity for them to showcase their talent. Through various digital platforms, artists are able to upload songs, videos, and stories, enabling a wider audience, unlike the […]
