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Office Market News

Start for the natural gas market liberalization on 1 July 2020

Following an infringement procedure, Romania has established and transmitted to the European Commission a timetable for the liberalization of the natural gas market. Thus, starting with 1 July 2020, the prices for the supply of natural gas to domestic customers will no longer be regulated by the National Energy Regulatory Authority (ANRE).

HAGAG Development Europe receives certificate of urbanism for the restoration of Știrbey Palace

The real estate developer HAGAG Development Europe received the urbanism certificate in order to authorize the execution of construction works regarding the restoration, consolidation and refurbishment of the historical monument building Știrbey Palace.

The role and activity of the Energy Manager within the economic organization

Through this article, we intend to bring to your attention the role of an Energy Manager within an economic agent, from the perspective of our experience gained over time through activities, energy analysis, audits at TimePal Romania, a company providing authorized energy services.

Ion Rădulea brought The Light offices to a 90% occupancy rate after signing with CTP, the largest warehouse owner in Romania

In the last three years, River Development has delivered Class A office buildings with a total rentablearea of 60,000 sqm.

First solution for a 360-degree evaluation from a medical, technical and legal perspective, dedicated to office buildings

The reopening of commercial spaces and the return to the office after the relaxation of the restrictions imposed in the context of the COVID-19 pandemic involves a considerable administrative effort for companies, in order to meet the criteria and implement the measures that will offer the green light to resume business.

CFOs in Romania expect massive drop in demand, reduction of revenues and number of employees

The perception of the CFOs in Romania regarding the evolution of the main financial indicators of their companies has changed dramatically in only several months as a result of the COVID-19 pandemic, according to CFO Survey Romania, conducted by Deloitte in April-May 2020 based on opinions expressed by CFOs in our country.

Fire protection systems: 10 things to check when closing/opening a commercial, logistics or office space

As COVID-19 continues to close certain logistical, commercial, or office spaces, companies need to ensure that fire detection and extinguishing systems are functional and that they can protect people's lives, the value of stored goods, and the building.

Continental invests over 33 million euros in Timisoara in the research and development center

Continental Automotive Systems has started the works to expand the research and development center in Timisoara. The investment in the new building amounts to over 33 million euros.
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