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Articles

Romania, among biggest markets in region on non-performing loan deals, says Deloitte

Romania is among the regional champions in Central and Eastern Europe on deals involving non-performing loans (NLPs), according to a new report by professional services firm Deloitte.

IMF: Romania’s economy will grow by 4.2% this year

The International Monetary Fund (IMF) has revised up its estimates on Romania’s economic growth for this year to 4.2%, according to its latest World Economic Outlook report.

BCR to relocate staff to The Bridge office project in Bucharest

Austrian lender BCR, which is owned by Erste Group, said it had signed a deal this April with the real estate developer Forte Partners to relocate part of its staff from its current HQ in Bucharest Financial Plaza (BFP) to THE BRIDGE business park, which is currently under construction in the Grozavesti-Orhideea area.

The young people in the Millenials generation require flexi-time during the hiring interview

The Millennials young people or the Y generation require during the job interview, in certain domains, flexi-time as the concept of fixed hours at the office may represent for them a kind of restraint on the activity, and implicitly, of the results, according to the data supplied by an HR outsourcing company.

Veranda developer to put EUR 2 mln into infrastructure for Bucharest’s Obor area

The developer of Veranda mall, Prodplast Imobiliare, will invest EUR 2 million for an infrastructure project in Obor area, where the shopping center is constructed.

Iasi attracts large employers in IT and BPO, despite slower development in the region

The country managing partner of EY Romania, Bogdan Ion, says the business community in Iasi region is more cautious when talking about expansion due to some structural issues in this area.

Romanian Softvision plans to hire 500 IT specialists this year

Software developer Softvision, which is based in Cluj-Napoca, said it was aiming to hire 500 new IT specialists this year, in a move designed to support its accelerated growth.

13.5 million € net profit in 2015 for Bucharest’s Băneasa shopping centre

Băneasa Developments, the company operating Băneasa Shopping City in northern Bucharest, has registered last year a turnover of EUR 46 million, with 5 pct. increase compared to 2014, while the net profit has increased with more than 10 pct., up to EUR 13.5 million.

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