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Saturday | July 11 | 2020

Money Buzz! Bucharest

Owners and developers of office buildings can earn 10% more from rents

Building Owners and Managers Association (BOMA) or International Property Measurement Standard (IPMS) measurement standards for leasable areas can lead to an...

LATEST

The Globalworth's portfolio in Romania has been consolidated by the prolongation and/or the extending of the lease contracts for a period...
Tremend released the observED platform, a modern solution dedicated to examination centers, assessment providers, and universities, enabling them to supervise students...
The works for Speedwell’s newest project, Paltim, will soon kick off in the city of Timișoara. The demolition permit has been issued...
ALRO S.A., one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, is celebrating its 55th anniversary.
The latest JLL research „The future of global office demand” identifies four key factors that will play a major role in shaping...

BALANCE SHEET

ALRO S.A., one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, is celebrating its 55th anniversary.
AutoLiv published the Financial Report for January - March 2020. Financial highlights show an $1,846m net sales, 13% organic sales decline and an 7.3% operating...

THE NUMBER

55
years, since first Romanian aluminium factory started production in Slatina

Online payments with Visa in Romania go up by 50%

Online transactions with Visa cards increased by over 50% in April 2020 against the same period of last year, as the e-commerce...

Wizz Air to fly eight new routes from Bucharest

Wizz Air announces eight new routes from Bucharest to Cagliari (Sardegna/Italy), Copenhagen, Bergen (Norway), Hamburg, Karlsruhe / Baden-Baden, Memmingen (Germany), Santorini and Mykonos (Greece). 

75% of multinational groups in Romania estimate a decrease of 25% in revenues

About 75% of survey respondents estimate that the total revenues of the companies they represent will decrease by less than 25% in...

3 new buildings for sale in Avalon Estate and Marmura Residence

Prime Kapital announced that it is launching 3 new buildings for sale in its ongoing projects located in Bucharest, namely Avalon Estate...

Bitdefender launches a service to control your online reputation

Bitdefender launched the Digital Identity Protection, a service that lets freelancers, self-employed, consultants and even private individuals control their online reputation.

The office market will have to redefine itself in the next period

Following the recent transformations for the safe return of companies to the office, the office market will have to continue to redefine...
Wizz Air has reopened its bases in Sibiu, Timișoara and Craiova and all eight Romanian locations are operational. Passengers...
LC Waikiki designed a special family collection for June 24th Romanian Blouse Day. In the collection consisting of 13 pieces,...
Wizz Air announced its 31 base in Bacău. The airline will base 2 Airbus A320 aircraft at Bacău Airport in October 2020. 
The hotel industry continues to remain attractive for developers and investors, despite uncertainties in the following period. Strongly...
With the ease of travel restrictions imposed by the Covid-19 pandemic, companies begin to resume their activity in the headquarters located in...

CFOs in Romania expect massive drop in business

The perception of the CFOs in Romania regarding the evolution of the main financial indicators of their companies has changed dramatically in...
Ryanair announced it will restore over almost 200 routes to/from Poland and 20 routes to/from Romania commencing 1st July, as part of the...
Politecnico di Milano, ranking 137, with 37.226 students registered is the first university in CEE, followed by University of Vienna, 45.623 students,...
Shopping centers are currently finalizing preparations for reopening, starting on June 15, to ensure compliance with the safety and social distancing measures.
Wizz Air announced two new routes from Bucharest to Vienna and Heraklion (Crete). Passengers can book tickets from as low as RON...
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, implemented additional and complementary safety measures to...

World Bank sees the deepest recession since the Second World War

According to World Bank forecasts, the global economy will shrink by 5.2% this year.  That would represent the deepest...
Norofert corporate bonds will start trading on Friday, June 5th, on BVB Multilateral Trading System (MTS), three months after the company’s listing...
JLL has advised Rosti in the lease of 11,300 sqm industrial spaces in Paulesti, near Ploiesti, developed and rented out by the...
Tarom has decided to extend the suspension of flights until June 16, 2020, at 23:59, Romanian time, to / from some countries.
Impact Developer & Contractor submitted to the Municipality of Bucharest the donation offer of 9,620 sqm for the construction of a school...
Two thirds (65%) of the responding companies didn't have to apply measures to reduce employee costs in the two months of the...

THE BUZZ

Fuckup Nights Bucharest, vol II, on November 28

On November 28, 2019 will take place the second edition of Fuckup Nights Bucharest, part of the series of events that...

World Bank sees the deepest recession since the Second World War

According to World Bank forecasts, the global economy will shrink by 5.2% this year.  That would represent the deepest...

Office take-up jumps in 2019 and reaches the maximum level of the last 9 years

Expoziției Area attracted almost 15% of the total demand for office spaces registered last year in Bucharest, thus entering the top 5...

MOST READ
TOP 5

DriveNets announced that they will double the Bucharest based team size, growing it from the current 50 to 100 by the end...
Highlander Partners, L.P., a middle market private equity firm based in Dallas, Texas, announced the acquisition of a majority stake in SanoVita, writes...
Following a decline in 2018, the mergers and acquisitions market in Romania grew by 4% to a total value of EUR 5.2...
Politecnico di Milano, ranking 137, with 37.226 students registered is the first university in CEE, followed by University of Vienna, 45.623 students,...
Impact Developer & Contractor announces the completion of the first phase of Luxuria Domenii Residence project in the second half of May....