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Articles - companies

19th Century Building Restored with EUR 1.5 million, New Premises of Noblesse Galleries

The luxury interior design company Noblesse Galleries will soon relocate to new premises, a building built in 1881, where the showroom, art and events centre will be included.

Orange negotiates the relocation of 1,000 employees in Green Court

The telecom operator Orange, with local business of nearly one billion Euros and approx. 3,000 employees, could have reached an agreement for renting a space of up to 13,000 sq. m in Green Court office project developed in northern Bucharest by Swedish group Skanska.

Cluj, the district with most young entrepreneurs in Romania

With only 18% of Bucharest’s population, the district of Cluj has founded most of the companies in Romania. Bucharest is on the second place.

New Hub for IT Multinational Companies in Romania

Transactions involving office spaces in Romania’s capital city Bucharest exceeded 300,000 square meters in 2013, the highest volume reported in the last six years, with one third of the transactions closed by IT&C companies.

Number of companies registered in January with Trade Registry goes down by 4.52 per cent

The number of companies registered in January 2014 with the National Trade Registry Office (ONRC) went down by 4.52 per cent from the same month of 2013, according to the site of the above-mentioned institution.

Financial managers more willing to restructure than invest

Financial directors of Romanian companies are focusing on business growth and lowering expenses, which means they are more willing to restructure their business than invest, according to a Deloitte poll.

Vodafone to relocate next year to Bucharest One

The mobile phone operator Vodafone, with annual turnovers of EUR 800 million and approx. 3,300 employees on the local market will relocate next year its Bucharest quarters to the office tower Bucharest One, currently developed by the Greek businessman Ioannis Papalekas between Pipera passage and Promenada mall in northern Bucharest.

Number of companies declared insolvent drops by about 15 pc

The number of companies that went into insolvency in January dropped by 14.5 per cent, down to 2,054, from 2,403 in the same period of last year, according to the National Trade Register Office (ONRC).

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