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Salaries in IT, still low in Romania compared to Western Europe

The salaries in Romania’s IT sector are still low compared to those in Western Europe, despite the increases recorded in the last year.

Foreign direct investments in Romania, up by 60%

The value of foreign direct investments (FDI) in Romania reached EUR 2 billion in the first seven months of the year, up by 60% year-on-year, said Alexandru Nastase, state secretary in the Department for Foreign Investments and Public-Private Partnership.

Austrian constructor enters real estate development in Romania

Austrian construction group Strabag has decided to enter the Romanian real estate development market by taking over the local team of real estate developer Raiffeisen Evolution. The new employees will become part of Strabag’s Romanian branch and will constitute a separate department.

Skanska Romania acquires land in west-central area of Bucharest

Skanska Romania announced the completion of a transaction for a new plot of land in the west-central area of Bucharest.

Techno Office: 3 aspects which influenced the evolution of office design

The last decade brought huge changes in every aspects of our daily life, and in the field of the office design the innovation was experienced in the smallest details, starting with forms, colours and textures to the way the employee can relax at the working place.

CBRE Hungary won “Best Research” Award for fourth consecutive year

CBRE Group has been named the top global real estate advisory firm in the 2015 Euromoney Real Estate Awards. CBRE has now achieved the top award for four consecutive years and eight times since the real estate awards program launched 11 years ago. Globally, CBRE was also ranked highest overall in the Sales/Leasing and Valuation categories.

Romanian investor builds 100 apartments in Cluj with EUR 5 mln

Local investor Octavian Buzoianu wants to borrow EUR 4.5 million from the state-owned lender CEC Bank to build 100 houses in Cluj-Napoca.

Romanian commercial real estate investment volume up 15 pct. to EUR 900 million

Romanian commercial real estate investment volume has increased with 14.9 pct. to EUR 900 million in the a 12 months period which ended in the second quarter, while in Europe the market is 29 pct. up in the first semester, to EUR 104.9 billion, according to Knight Frank.

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