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Business

Cushman & Wakefield: The Bucharest hotel market is experiencing the highest supply growth among the CEE capitals between 2024 and 2026

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Bucharest, August 2024- RBJ - The demand on the Bucharest hotel market in the first half of the year compared to the same period of 2023 had experience an increase of 3%, however, it remained below the 2019 level,...
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Business

Cushman & Wakefield Echinox: The real estate transaction volume in Romania increased by 131% y-o-y during H1 2024, registering the highest growth rate...

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Bucharest, August 2024 - RBJ - Romania recorded a 131% y-o-y growth of the real estate transaction volume during H1 2024, reaching a level of €418 million, corresponding to the highest growth rate in the Central and Eastern Europe...
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Business

Genesis Property, the first real estate company in Romania with the goal to reduce carbon emissions approved by the Science Based Targets initiative

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Bucharest, September 21, 2023 - Genesis Property becomes the first real estate company in Romania to obtain the approval of its short-term CO2 emissions reduction target, until 2030, from the Science Based Targets initiative (SBTi). SBTi is a partnership between...
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Business

Cushman & Wakefield Echinox: The CEE property investment market returned to growth in 2022, a positive evolution mainly driven by Romania and Slovakia

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By RBJ Bucharest, January 2023: The total volume invested in income-producing real estate assets - office, retail, logistics and industrial spaces and hotels - in Central and Eastern Europe returned to growth last year, a positive evolution mainly driven by...
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Business

Cushman & Wakefield Echinox: demand for logistics and industrial spaces at maximum levels in Romania

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By RBJ The demand for logistics and industrial spaces is close to registering a new record in 2022, a matter which is reflected in the vacancy rate, a rate of 4.3% (one of the lowest in the last decade) at...
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Business

Cushman & Wakefield Echinox: The real estate and construction sector has attracted around 12 billion euros of FDI in the last 10 years

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By RBJ The real estate and construction sector has attracted around 12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI stock increased to a level...
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Business

Cushman & Wakefield Echinox: Developers continue their investments, as over 500,000 sq m of retail spaces are planned or under construction in Romania

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By rbj Real estate developers continue to expand their portfolios of retail projects in Romania, ​​over 500,000 sq. m of new spaces being announced for the next 4 years, with 10 of the pipeline projects each having more than 10,000...
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Economy0

The Romanian Neptun Deep project in the Black Sea is progressing according to schedule. The Transocean Barents drilling platform will drill the 10 wells...

Bucharest, February 14, 2025 - RBJ - Representatives of the Romanian Government visited the Transocean Barents platform on Friday,...
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Banking & Finance

National Bank of Romania decided to keep the monetary policy rate at 6.50 percent per annum

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Bucharest, February 14, 2025 - RBJ - In its meeting of 14 February 2025, the Board of the National Bank of Romania decided the...
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Business

The first wax paper factory in Eastern Europe opens in Iasi, an innovative solution to reduce plastic consumption

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Bucharest, February 13, 2025 - RBJ - Romania opens the first wax paper factory in Eastern Europe, on the Exonia industrial platform in Iasi,...
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Event & Opinion

Klaus Iohannis, the first president in Romanian history to end his term by resigning, a shameful and undignified resignation

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Bucharest, February 12, 2025 - RBJ - Today, Klaus Iohannis, the fourth president of the post-communist period of Romania, ended his term by resigning....
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Business

Cushman & Wakefield Echinox: Increased supply of industrial & logistics spaces in 2024, as the stock reached almost 7.6 million sq. m

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Bucharest, February 2025 - RBJ - Developers completed new projects with a leasable area of 572,000 sq. m across the country in 2024, reflecting...
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The Romanian Business Journal
Constantin Radut
Editor in Chief
031721 Bucharest, Romania
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