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  • Portland Trust completes J8 Office Park in Bucharest September 24, 2021
    Real estate developer Portland Trust officially opened the J8 Office Park project in Bucharest on September 23. The office complex has a net leasable area of 46,000 sqm, including approximately 3,000 sqm of retail and leisure space. The mix of leisure and services includes World Class Fitness, Mega Image, Stradale restaurant, Mobile Pet, Coffee Island, […]
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  • COVID-19: MedLife estimates 35,000 daily cases in Romania, five times more than officially reported September 24, 2021
    Romania's daily count of COVID-19 infections is 5-7 times higher than the official figures, according to estimates made by local healthcare group MedLife. According to its studies, Romania is already facing 35,000 COVID-19 cases per day, much more than the around 7,000 daily cases officially confirmed by tests. Thus, given that most infections and deaths […]
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  • QS Graduate Employability Rankings 2022: One Romanian university present in the top September 24, 2021
    For the third consecutive year, the world ranking of universities by graduate employability - QS Graduate Employability Rankings 2022 - placed the University of Bucharest (UB) in the top 500. UB is the only Romanian university present in the ranking. “Placing the University of Bucharest in the top 500 worldwide in the QS Graduate Employability Rankings […]
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  • 2021 European Heritage Awards: Small wooden church in Romania wins Grand Prix & Public Choice Award September 24, 2021
    The restored Wooden Church of Urși Village, in Romania's Valcea county, was the big winner of the 2021 European Heritage Awards/Europa Nostra Awards, Europe's top honour in the field. The small wooden church's rehabilitation project received a Grand Prix and the Public Choice Award. The four Grand Prix laureates and the Public Choice Award winner, […]
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  • COVID-19 travel: Austria, Croatia join Romania’s red list September 24, 2021
    Romania’s National Committee for Emergency Situations (CNSU) approved on September 23 the new list of countries with epidemiological risk. The countries/areas are rated as green, yellow or red, according to their COVID-19 incidence rate. Several countries/territories were moved to the red travel list, namely Croatia, Latvia, Austria, Bosnia and Herzegovina, New Caledonia, Gibraltar, Saint Vincent […]
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  • One United buys historic building next to Romanian Athenaeum for exclusive apartments September 24, 2021
    One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use, and office real estate in Romania, has paid EUR 4.9 million for a historic building in downtown Bucharest, next to the Romanian Athenaeum and the Athenee Palace Hilton hotel. The company aims to transform it into a new high-class development called […]
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  • PLUS candidate Dacian Ciolos leads in race for USR-PLUS leadership September 24, 2021
    MEP Dacian Ciolos received the highest number of votes from the members of the reformist party USR-PLUS, which is running online internal elections to pick up a leader. The party resulted from the merger of USR and PLUS. Ciolos, the head of PLUS party before the merger, will run in a second round against Dan […]
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  • Swiss industrial parks developer Artemis pours another EUR 4 mln in western Romania September 24, 2021
    Swiss developer Artemis, who owns five industrial parks near Timişoara, in western Romania, is building a new industrial hall in Sânandrei industrial park. The project involves EUR 4 mln investment, and the new construction will be delivered at the end of February 2022. It is its third hall in this industrial park and will cover […]
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  • Former operator of major Romanian online store cel.ro goes bankrupt September 24, 2021
    Corsar Online, the former operator of the online store and marketplace cel.ro, developed and owned by local entrepreneur Tiberiu Pop, went bankrupt under a simplified procedure initiated by the company itself. A new company set up by Tiberiu Pop, Brand Design Team, will keep operating the online store, according to Ziarul Financiar. Corsar Online has […]
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  • Super-shares at Romanian developer One United subject to Court ruling September 24, 2021
    The decisions approved by the shareholders of Romanian developer and property investor One United (ONE) on September 10 were referred by the Trade Registry to the Court, Bursa daily reported, interpreting a statement to investors issued by the company. Among the decisions, there is the option to give part of the shares held by the founding […]
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