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EY Romania: 87 pct of Romanian companies to raise wages in 2016

EY Romania: 87 pct of Romanian companies to raise wages in 2016

In 2016, 87 percent of Romanian companies say they will raise wages but 44 percent of them do not estimate an increase of more than 5 percent, according to an EY Romania study. Moreover, 81 percent of the companies participating in the study said they will increase investments in 2016.

Office market in 2015: Bucharest is up 4 positions in most expensive cities top

Office market in 2015: Bucharest is up 4 positions in most expensive cities top

London stays the most expensive office market in the world, followed by Hong Kong and Beijing, while Moscow is out of Top 10, being replaced by Shanghai, according to a study conducted by CBRE, which places Bucharest on the 110th position from 126 markets, four places up compared to 2014.

Romanian real estate market sees positive development in 2015, says DTZ Echinox

Romanian real estate market sees positive development in 2015, says DTZ Echinox

Office, retail and industrial property projects all saw ascending trends during 2015, while yields compressed across the whole market, with logistic spaces seeing the best evolution, according to a study by DTZ Echinox.

Sutdy: Construction costs in Bucharest, the cheapest in Europe

Sutdy: Construction costs in Bucharest, the cheapest in Europe

The costs associated with constructing the buildings of tomorrow, around the world are varied and unpredictable. Rapidly shifting commodity prices, political instability and fluctuating currencies conspire to make investment and development decisions highly complex and fraught with risk.

Romania has the highest home ownership rate in the EU

Romania has the highest home ownership rate in the EU

According to Eurostat data, 96.1% of Romanians were living in dwellings they owned in 2014, this being the highest home ownership rate in the European Union. Only 3.9% of Romania’s population were tenants, way below the 29.9% average in the EU.

Property market on the fast track upwards in Romania, says Colliers International

Property market on the fast track upwards in Romania, says Colliers International

A Colliers International report analyzing the Romanian property market trends shows real estate is on an accelerated growth path, with the total volume of transactions expected to reach EUR 800 million by yearend.

Poor cash flow and high loan rates among main insolvency reasons in 2015, says Coface

Poor cash flow and high loan rates among main insolvency reasons in 2015, says Coface

Overdue debt collection, faulty cash flow management, high loan rates and low investment results are among the leading reasons companies in Romania entered the insolvency procedure in 2015, shows a study by Coface.

Outsourcing companies span half of Romania’s office market in 2015

Outsourcing companies span half of Romania’s office market in 2015

More than 50 percent of registered office sector transactions in 2015 were done by companies in outsourcing, a strong increase from the 27 percent registered in 2014, show data from a CBRE study.

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