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Brazilian IT outsourcing group opens third center in Romania

The local subsidiary of the Brazilian IT outsourcing group Stefanini will open its third IT support center in Romania next month. This will be located in Targu-Mures, central Romania, and will hire about 50 people in one year, according to the company.

Romania has second highest increase in construction volumes in EU

Romania recorded a 10.4 percent increase in construction volumes in August over the same month of the previous year, according to first estimates from Eurostat, the statistical office of the European Union.

CBRE: Bucharest office market to reach 3.2 mln sqm by end of 2017

Total leasing activity on the Bucharest office market reached 72,000 sqm in Q3 2015, according to data released by CBRE. Of these, take-up represented 47 percent, while new demand made up 30 percent.

Asian, American and South African money looking for refuge in the real estate from Romania and the region

New foreign investors from Asia, North America and South Africa are showing increasing interest for the real estate market in Central and Eastern Europe, looking for opportunities for placements in commercial assets.

`Duel` of the office poles in Bucharest: Floreasca and Orhideea prepare projects of nearly EUR 700 million

In the area Floreasca - Pipera in Bucharest are currently in construction office projects of nearly EUR 400 million, while the Orhideea area in western Bucharest became a strong competitor, with projects estimated by ZF at approx. EUR 250 million.

Romania has 116,000 companies with no employees but doing business

In Romania there are about 116,000 companies registered with the Ministry of Finance doing business while having no employees, according to an analysis by KeysFin. Most companies have offices in apartments and studios and one such company posted last year a turnover of RON 17.3 million, the report shows.

Consolis invests EUR 3 million in research centre opened in Cluj-Napoca

Precast producer ASA CONS from Turda, Cluj county, part of the French group Consolis, opened in Cluj-Napoca a research and development centre for the activities of Consolis in the Nordic countries, as well as for other group’s subsidiaries from the Baltic region or from Eastern Europe.

Companies rented in the first nine months in Bucharest offices for 8,000-10,000 new employees

The new office request in Bucharest totalized nearly 81,000 sq. m, almost 40 pct. of the total rented area in the first nine months of the year, and the IT sector continues to rule the market, according to a new study of JLL.

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