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Articles - companies

Romania, an outsourcing attraction for international companies and Romanian entrepreneurs

Romania is one of Europe’s most important destinations for business services investors, such as BPO, ITO or SSC suppliers, a sector worth currently roughly 1.2 billion Euro, with more than 60,000 employees. Although registering constant growth on the local market in the past few years, the business services industry experiences several challenges that hinder its proper development.

First IT&C cluster in Bucharest launches officially

Different Angle, the first IT&C cluster in Bucharest has officially launched with the mission to promote innovation, education and development among SMEs in the Bucharest area.

US group subsidiary opens new R&D center in Romania

IT solutions supplier National Instruments Romania, subsidiary of US group National Instruments, has inaugurated its new research & development center in an office building called The Office, in Cluj-Napoca.

Austrian CA Immo cashes in EUR 33 mln in rents in Romania

Austrian real estate investor CA Immo posted last year a rental income of almost EUR 33 million in Romania, up 10% over 2013, the investor announced in its most recent financial report.

Romanian shareholders sell 30% stake to Austrian group

Austrian group Reiwag and German company Fiden became the only shareholders of the local property and facility management company Building Support Services (BSS).

Immofinanz bids EUR 530 million for 29 pct of CA Immo

Austrian company Immofinanz, with real estate assets of over EUR 950 million in Romania, makes again an attempt to become a CA Immo shareholder, also active on the local market, through a takeover bid of over EUR 530 million for 29 percent of shares, reports Mediafax.

Romania reports the largest number of M&As in CSE in 2014, says EY

Romania registered the highest increase of the mergers & acquisitions (M&A) market in Central and Southeastern Europe (CSE) in 2014, according to the EY – M&A Barometer Romania 2014.

Companies invest up to 350 euro per square meter in office design

The largest budgets for office improvement come from pharmaceutical and IT companies

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