OTP Bank Romania has concluded a 21 million euro financing agreement with Nor Real Estate, part of Atenor, for the development and administration of @Expo project phase 1 (B1/B2), a top office building located in the Expozi?iei area of Bucharest. The @Expo project, spanning a leasable area of 48,688 sq m, offers high-quality office spaces designed for companies seeking modern and sustainable solutions. This innovative real estate project brings a fresh perspective to Bucharest’s office building landscape. “At OTP Bank Romania, we support sustainable development and the real estate sector. The financing of the @Expo project not only reflects our commitment to supporting sustainable initiatives but also our desire to actively contribute to the economic and urban development of Bucharest. By financing this project, OTP Bank Romania is contributing to the development of a modern and sustainable real estate market that meets current environmental and energy efficiency requirements”, said Roxana Hidan, Deputy General Manager and Business Division Coordinator, OTP Bank Romania. “We believe in the potential of the real estate market and we are pleased to partner with a prestigious international developer like Atenor Group, together contributing to the development of an innovative and energy-efficient business centre that meets the current needs of the capital’s real estate market. The @Expo project reflects our commitment to sustainable projects, and we are proud to contribute to this positive evolution for the business community in Romania”, said Alexandru Neagu, Large Corporate Director, OTP Bank Romania. The real estate project is supported by Atenor, a European company with extensive experience in large-scale urban development, focusing on creating environmentally sustainable residential and modern office spaces. Active in Central Europe since the early 2000s, Atenor is recognized for its significant contributions to urban improvement and is exploring opportunities for additional new residential projects in the near future. “We would like to thank OTP Bank for seeing the real potential of @Expo office building. With its high institutional standards, featuring cutting-edge and green technologies, @Expo is ready to meet the needs of a new generation of tenants. The new subway line which is under construction will really boost the area already well located in between the City Center and the North part of Bucharest”, said Viorel Lacatus, Country Director, Atenor Romania. “It has been a journey between two new partners and I am genuinely pleased with the outcome. I would like to extend my gratitude to OTP for their tremendous efforts in facilitating this transaction in such a complex environment. Your pragmatic approach in achieving the closing was greatly appreciated,” said Michael Dieu, Group Treasury, Banking & Cash Management.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Update: Mercenary Horațiu Potra, an alleged associate of former presidential candidate Călin Georgescu, was brought to Romania from Dubai by a Police escort on Thursday afternoon, November 20. In an official reaction, president Nicușor Dan said this confirms the Romanian state’s firm commitment to defending the constitutional order and bringing to justice those suspected of acting against it. […]
