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MyRegus app: Just a click away of successful business activities

Regus, the main global provider of flexible workspaces, shows that the smartphones’ penetration rate in Romania has grown to 63 percent over the last year. With over 10 million users, Romanians are among the top positions in Europe when it comes to the time spent on the phone – on average, 1 hour and 49 minutes daily. Tablets have also become increasingly popular. A survey authored last year shows that 1 in 3 Romanians that are part of the 16-34 age group are using such gadgets.

Romanian city Ploiesti lands third in international internet speed ranking

Romanian city Ploiesti was ranked the third in the world in internet speed, coming after Singapore and Hong-Kong, according to Irina Lucan-Arjoca, deputy-general director of the Romanian Copyright Office, according to Agerpres.

SII Romania relocates to AFI Park 4&5 in Bucharest, on 1,500 sq. m

The technology and IT systems SII Romania rented 1,500 sq. m in the office building AFI Park 4&5 from Bucharest, where it will relocate starting with May, announced DTZ Echinox, the broker of the transaction.

Office request doubled in 1Q in Bucharest and large Romanian cities

Companies have transacted an office area almost double in the first quarter in Bucharest and main cities in Romania compared to the first months in 2015, with Iași signing the largest rent transaction in the above mentioned period, according to a study conducted by JLL. The BPO, IT&C and professional services companies continue to be the request main engine.

Second tallest building in Bucharest changes name

The office project Bucharest One developed by the Greek investor Ioannis Papalekas has been renamed Globalworth Tower.

IMMOFINANZ announces the acquisition of 26 pct. of shares in CA Immo and the beginning of the merger process between the two companies

With share purchase agreement dated 17 April 2016, IMMOFINANZ AG has agreed to acquire 25,690,163 bearer shares (corresponding to a participation of approximately 26%) in CA Immobilien Anlagen Aktiengesellschaft (“CA Immo”) from Terim Limited (Cyprus) and 4 registered shares in CA Immo from O1 Group Limited (Cyprus).

Foreign direct investment, down 13% year-on-year in Romania

Foreign direct investment totaled EUR 354 million in the first two months of the year, down by 13.4% compared to the ones recorded in the first two months of 2015, according to data from Romania’s National Bank (BNR).

Olympia Tower office building in Bucharest’ Piaţa Muncii, on sale

Bluehouse Capital tries to make its third exit after selling Victoria Center and Bucharest City Gate in the last year. They received a total of EUR 45 million.

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