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Articles

Romania’s office furniture market goes up as real estate investments grow

The local office furniture market could increase by 10% this year reaching a volume of EUR 45-50 million, said Horatiu Didea, Managing Partner of Workspace Studio.

Number of building permits, down by 14.6% in Romania

The number of building permits for residential buildings in Romania dropped by 14.6% in January to 1,429 compared to the same period in 2015.

Martin Slabbert put on the market new investments fund registered in the British Virgin Islands

South-African Martin Slab­bert, who brought the investments fund NEPI on the list of largest real estate investors in Romania, re-enters the real estate industry with joint venture dedicated to CEE markets.

Number of insolvencies down in January, but many companies suspend activity

A number of 662 companies filed for insolvency in the first month of this year, down 28.82pct compared to the same month of 2015, show the data with the National Office of Trade Registry (ONRC).

Romanian Finance Minister: Minimum wage goes up in May

The minimum wage will increase to RON 1,250 (EUR 280) starting May 1 this year, like previously announced, said the Finance Minister Anca Dragu.

FotoNation, new tenant of AFI Park brings occupancy rate to 60 pct

AFI Park 4&5 office buildings owned by AFI Europe România reached 60 pct occupancy rate after the signature of a lease agreement with FotoNation, a TESSERA company, with activity in the field of computing imaging.

Swiss media group could buy Romanian real estate portal

Swiss media group Ringier is in negotiations for acquiring the local real estate classifieds portal Imobiliare.ro, according to market sources cited by local Ziarul Financiar.

Flexible office solutions - Interview with Ramona Iacob, Country Manager Romania for Regus

Market pundits say that the working environment is changing with a fast pace, mostly in terms of mobility and employees’ needs during the working hours. Companies have also evolved from strict clocking to a policy valuing more the accomplishments and completed tasked rather than desk hours per se. “Nine to five” is about to become an obsolete concept, leaving a huge gap to be filled as a market potential by companies offering alternative office services, such as Regus.

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