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UniCredit to raise number of IT centre employees by 20 pc

UniCredit will raise by 20 per cent the number of employees at its IT centre in Romania, a centre set up in 2005 and which currently has approximately 1,400 employees. At the same time, the Italian banking consortium wants to get involved in financing IT&C industry entrepreneurship but also in developing tertiary IT education.

Regus Encourages the Bucharest’s Business Environment by Opening a New Business Centre in Green Gate

Regus, the world's largest provider of flexible workspace, based in Luxembourg and listed on the London Stock Exchange, is going to open in May a new business center, which is just a few steps far from the public transport hub of Piata Chirigiu.

French retailer Carrefour ponders taking over the local operations of supermarket network Billa.

Mega Image also considered the transaction, but withdrew from the race. The deal could amount to EUR 70-90 million, according to market sources, cited by local Ziarul Financiar.

Cypriot fund buys real estate in Romania

Cyprus-based investment fund Secure Property Development & Investment recently bought the Praktiker store in Craiova, a part of the Delea Noua Office Building in Bucharest and houses located on the Grivita lake and in the south of Sofia, Bulgaria.

Ioannis Papalekas intends to buy Automatica land in Floreasca

Real estate investment fund of Global Finance is in advanced negotiations with Ioannis Papalekas, one of the biggest investors on the Romanian real estate market, for the sale of the project (land) Auto­matica/ Ford Building in Calea Floreasca from Bucharest, according to sources in the market.

Zara recruited its expansion manager from DTZ

Spanish group Inditex, the most important player on the local fashion market, where it is present with seven brands, including Zara, recruited Răzvan Sin for the position of expansion manager, according to sources in the market.

Bulgaria, Romania ranked last in EU in terms of 2013 GPD per capita

The European Union’s regions with the lowest Gross Domestic Product (GDP) per capita expressed in terms of purchasing power standards in 2013 are the French overseas department of Mayotte and regions of Bulgaria and Romania, according to data released on Thursday by the Eurostat European statistics office.

Romania’s Chamber of Commerce and BVB sign partnership to support entrepreneurs

The Chamber of Commerce and Industry of Romania (CCIR) and the Bucharest Stock Exchange (BVB) signed on Thursday a cooperation protocol, under which the two entities will work together to support the community of entrepreneurs in Romania, to promote as wider the solutions offered by the capital market to finance growth and development of companies and the business community.

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