All the European investment, retail, real estate, office and industry news in English language

H Pipera Lake

Hagag implemented Realpad Software to digitize sales operations

Real estate developer Hagag Development Europe completed the implementation of Realpad Software, thus digitising sales operations for all residential units. This are available in its...
Noul lobby AFI Lakeview

AFI Europe to invest up to EUR 1.6 Mil in AFI Lakeview refurbishment

AFI Europe started the works for the refurbishment of all the common areas in AFI Lakeview office building, an investment of approx. 1.6 Mil...
Fabrica Sterk Plast Medgidia

Sterk Plast to get 2,5 million euros in state aid for expansion

REI Finance Advisors has successfully brokered 2,5 million euros in state aid for Sterk Plast, part of a 5 million euro investment project. The project...
Exterior The Light One

River Development sold The Light One office building to UNIQA Real Estate

River Development, the developer of Sema Parc and The Light, signed the transaction for the sale of The Light One building to UNIQA Real...
Shopping Park Medias

Square 7 Properties and Mitiska REIM to open four new retail parks

The next four development and extention projects are scheduled to be opened in Baia Mare, Medias, Slatina and Tulcea. These ones complete the existent portofolio,...
arhiva

Romanian entrepreneurs, reluctant to digital archiving of documents

According to EAD data more than half of Romanian entrepreneurs are reluctant to digital archiving of documents, amid fear of cyber attacks. They are also...
GARANTI Novo Park

45% of employees expect a full return to office life after the pandemic

After the pandemic, 45% of employees expect to completely return to office life, similar to how it was before Covid-19. Almost 35% of employees...
Magazin Hervis

Hervis to open the first store in Craiova in Electroputere Parc

Hervis joins other specialized brands in Electroputere Parc offering sport enthusiasts a complete range of sports gear, clothing and accessories. Hervis Craiova will be opened...
Fintech OS Co-founders Teo and Sergiu

FintechOS raises a Serie B investment round of 60 million dollars

FintechOS announced today that it has raised USD 60 million (EUR51 million) in Series B funding to continue its development. Draper Esprit led the...
Armand Domuta CEO Restart Energy

Restart Energy lists the convertible green bonds at Bucharest Stock Exchange

Restart Energy lists its convertible green bonds tomorrow, April 21st, at The Bucharest Stock Exchange. The issue of green bonds convertible into shares has...
Portico Investments magazin Homelux

Portico Investments sold six buildings in Romania for EUR 8.5 million

Portico Investments completed the sale of six retail buildings in its portfolio to Praktiker Real Estate and Lidl, in two transactions totaling over 8.5...
Ionut Bordei, CEO Element Group

Element Group acquired a new plot in Pitesti, for a logistic development

Element Group announces the acquisition of a new land of 2.7 hectares, near Pitești, in the immediate vicinity of the A1 highway. The group is...
IRIDE 18 Pipera Bucuresti

Provita will occupy the entire space in the myhive Iride 18 Bucharest

Immofinanz has concluded a long-term rental contract for roughly 11.000 sqm with the Provita Group, one of the leading medical center providers in Romania....
Tren cu masini Ford Craiova

Car production in Romania decreased by 10.67% in 2020

According to ACAROM, during 2020, the production of cars in Romania reached 438,107 units, registering a decrease of 10.67%, compared to 2019, when 490,412...
Acces metrou card contactless BCR

Romania ranks 3rd in Europe in mass transit digital payments

Visa cardholders in Romania made close to 900.000 contactless transactions in December last year, to pay their urban transit fares nationwide. This figure ranks...
Constantin Rotariu si George Rotariu Bitcoin Romania

Bitcoin Romania aims to register 250.000 users by the end of 2021

Bitcoin Romania aims to register 250.000 customers by the end of the year and to reach a network of 300 ATMs in 2021. Bitcoin Romania...
Icoanei Gardens Bucharest

Homing Properties to invest 10 million euros in Icoanei Gardens project

Homing Properties announces the newest project in the center of Bucharest, Icoanei Gardens, located on 2-8 Icoanei Street. The project covers an area of...
Pain Plaisir Sema Parc

Pain Plaisir artisan bakery opens a production facility in Sema Parc

Maison Mories, the operator of artisanal bakeries Pain Plaisir leased an area of ​​1,000 square meters in Sema Parc, for production. The rented space is...
mendelev office 5

Mendeleev Office 5 Bucharest reaches an occupancy rate of 70%

Mendeleev Office 5 office building, developed by Akcent Development, has attracted two new tenants, reaching an occupancy rate of 70%. OTOTO Store is a coffee...
Coca-Cola_KeelClip

Coca-Cola introduces Keel Clip technology in Romania

Coca-Cola has invested EUR 2 million in its Timisoara plant and is introducing the Keel Clip technology in Romania. Thus, the company is replacing the...
AFI Brasov

AFI Brașov is the only project in Europe LEED Gold Core and Shell certified since March 2020

AFI Brașov is the only mixed-use project in Europe certified for LEED Core and Shell since March 2020. The Romanian project is the 22nd shopping...
Guardian Glass Aviatorilor 17

Minimalist glazed facades by Guardian Glass, for Aviatorilor 17 building

Guardian Glass Europe provided the glass for a new office building glazed facades located in Aviatorilor area, a premium neighbourhood in Bucharest. The construction...
Ana Maria Georgescu, cofondator Smart Fintech

Smart Fintech is the first payment provider through open banking in Romania

Smart Fintech received the authorization from NBR (National Bank of Romania) as a Payment Institution authorized to perform Payment Initiation Services (PIS). Thus, the...
MerryBerry

OTP Bank financed the largest organic blueberries plantation in Romania

Situated in the Mija village, the I.L. Caragiale commune in Dâmbovița, MerryBerry is the largest organic blueberry plantation in Romania. It currently covers a...
Kuka Home

Kuka Home embarks on digitalization journey with Lectra

To maintain its leading position in China’s fastgrowing furniture market, Kuka Home turned to Lectra for digital transformation of its design, development and production...