Private healthcare provider Enayati Medical City achieved a 46% increase in its medical subscription and long-term hospital care revenue in the first quarter of 2024 compared to 2023. The company expects to reach a turnover of 80 million euros by the end of 2026.
Genesis College, with over 25 years of experience in the Romanian market, is taking a strategic and significant step towards development by expanding its educational space. This expansion is made possible by leasing one of OMV Petrom's buildings in the northern part of the Capital.
REHAU Romania underlines its firm commitment to cultivate an exceptional work environment and increase the satisfaction of its employees by inaugurating new offices in the center of Cluj-Napoca. This continues the approach of prioritizing employee well-being by relocating its offices from key cities such as Bucharest and Cluj-Napoca and consolidates the "Great Place to Work" status received last year.
The first quarter of 2024 ended with real estate investments in Romania totalling 202 million euros, up 69 percent compared to the first three months of 2023, with transactions in the retail segment accounting for around two-thirds of the volume, according to a Colliers report. Compared to the other five major economies (Bulgaria, Czech Republic, Hungary, Poland and Slovakia) in Central and Eastern Europe (CEE), Romania was the best performer in a context where market activity in the region was soft and transaction volumes reached one of the lowest levels in a decade.
The initiation of the project to extend the M4 metro line from Străulești to Gara de Nord, and onward to Gara CFR Progresul, promises new development prospects in southern Bucharest, according to an analysis by the real-estate consultancy company iO Partners. Authorities have applied for 2.5 billion euros in European funding through the 2021-2027 Transport Program. Additionally, the tender for the project’s planning and construction was initiated in April.
Prime Kapital, a leading investor, developer, and real estate operator, obtained the BREEAM certification with the rating `OUTSTANDING`, for the first phase of the office component of Silk District, an impressive urban regeneration project developed in a fast-growing neighbourhood in Iasi. This is the highest rating for environmental performance and building sustainability awarded under BREEAM, the world’s leading science-based suite of validation and certification systems for a more sustainable built environment.
The office market in Bucharest has shown a sustained demand growth in Q1, both in terms of the transacted volume and of the average lease size, amid an extremely limited new supply, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
PPF group recorded a net profit of EUR1.45bn last year, its best financial result since 2008 when it booked gains from a transaction with Italian insurer Assicurazioni Generali and an increase from 2022's EUR164m.
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
