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Office Market News

Romanian economy has made ‘remarkable’ progress since 2000, says PwC

Economies of CEE-based countries such as Romania and Poland have developed extensively since 2000, while advanced economies have generally fallen back since the start of the crisis, says new research by the professional services firm PwC.

KRUK Romania rented 2,000 sq. m in River Plaza in Bucharest

KRUK Romania, one of the largest debt recovery companies in Romania, has rented 2,000 sq. m offices in River Plaza building, situated in Unirii area, in the vicinity of the Romanian Chamber of Commerce and Industry.

Canada's Embassy, interested in IT field, scientific and technological parks in Cluj

The IT field and the scientific and technological park Tatepolis are two of the areas of interest approached by Canadian Ambassador in Bucharest, Joanne Lemay, in a Tuesday's meeting with the Cluj County Council's (north-west) Chairman Horia Uioreanu.

IMF estimates 2.2 pc economic growth in 2014

Progress on reducing state-owned enterprise arrears has stalled. Temporary postponement of implementing the excises on fuels should be compensated by freezing expenditures, says the IMF representative at the end of the mission.

Industrial leasing activity up 82 pct in 2013 in Romania

Over 250,000 sqm of industrial space were leased in 2013, up 82 percent compared to the previous year but 3 percent below 2011 levels, according to CBRE Romania. Most of this (58 percent) was leased in Bucharest while the remaining 42 percent concentrated in major cities like Timisoara, Arad, Iasi, Brasov and Ploiesti.

Impact asks for 80 million lei from shareholders to finance projects

The Administration council of Impact Developer & Contractor (IMP) is proposing its shareholders a capital increase of 80 million lei, to 277.8 million lei, through cash contribution, in order to finance the real estate developer’s projects.

First CE anti-corruption report published: Romania’s reforms are unstable

The recently published EU Anti-Corruption Report explains the situation in each Member State: what anti-corruption measures are in place, which ones are working well, what could be improved and how.

New pro-business measures: The State will cover half of salary expenses for job creators

The State will offer to pay for half of the total value of salary expenses for firms that create a minimum of 20 new workplaces, according to MEDIAFAX.

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