INVESTMENTS

TransferGo, the international fast online transfer company, has attracted a round of investment of EUR 8.6 million, which is the largest amount received in a single financing round, informs a company’s press release. The total capital attracted by TransferGo thus ...

The American company Idera has bought Froala Labs, a Romanian start-up set by by a young pair of software developers, Stefan and Diana Neculai in 2014, one year after they had graduated the Computer Science Faculty of the Bucharest Polytechnic ...

LA GLOIRE Romanian real estate developer starts preparations for his second residential boutique project near Bucharest as of next month. The first such project developed by LA GLOIRE was the Pipera Vlad Tepes, counting on luxury housing for accessible prices. ...

The European Commissioner for Regional Policy, Corina Cretu, has approved the funding of over EUR 246 million from the Cohesion Fund, for the building of the highway section connecting the localities Targu Mures, Ogra and Campia Turzii. The project includes ...

Emag has invested EUR 63 million last year to support the fast growing development as regional eCommerce hub: EUR 2 M have been invested in employees, EUR 10 M in logistics, EUR 27 M in technology and EUR 24 M ...

AFI Europe Romania has kicked off the construction works for AFI City this month, the company’s first large-scale residential project in Romania. The project already has a 25% occupancy rate. TGC is the general constructor for the first phase of ...

Austria-based Immofinanz, one of the leading real estate investors in Romania,  has sold two plots of land within the Adama portfolio to Speedwell Real Estate Development, a real estate developer focused on Eastern Europe, mainly Romania. The two properties, located ...

Hagag Development Europe, part of the Hagag Group from Israel, has announced a new project on the luxury real estate market in Bucharest: H Eliade 9 Residence. H Eliade 9 Residence will be located in the famous Primaverii district in ...

While presenting the latest cutting-edge technology devices on mission-critical intelligence in Bucharest, very useful for the interventions of the emergency services in case of natural disasters, terror attacks and other incidents, the representatives of Motorola Solutions have announced their intention ...

Hungarian-owned building materials group Terran, one of the main leaders on the roof tiles market in Eastern Europe, has inaugurated a concrete tiles factory in Campia Turzii, Cluj county on Wednesday, the first one in Romania, following an investment mounting ...