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Bucharest and the major university centers in Romania, such as Cluj-Napoca, Timişoara, Iaşi, Braşov or Craiova, are well positioned to attract new business in the services sector, despite the Covid-19 pandemic that slowed down the…

Romania has been nominated by the European Commission to buy, stock and distribute medical equipment for all the European Union countries affected by the novel coronavirus pandemic, the USR-PLUS Alliance announced on Tuesday. "USR PLUS…

The stock of industrial and logistics spaces in the local market has exceeded the 4 million square meter threshold, 90% of the total stock being concentrated in eight large cities from the southern, central and western parts of Romania,…

Bucharest accounts for one third of the developments from the 995,000 sq m expansion of the stock of modern office spaces planned for 2019 in the main capitals (Bucharest, Budapest, Bratislava, Prague, Warsaw and Vienna), thus above the…

Banca Comerciala Romana (BCR) total stock of loans advanced by 8% year-on-year, driven by both retail and corporate business. New loans of over RON 3.5 billion approved in H1 2019 for households (mortgage and cash loans) and…

Bucharest deputy mayor Aurelian Bădulescu has told a public debate on Friday that he will propose councilmen a draft that the activity of some supermarkets should be closed over weekends,  „to avoid traffic”. „We’ll start talks with the…

The office stock in the major regional cities - Cluj-Napoca, Timisoara, Iasi and Brasov - has doubled over the past five years and will continue to grow at an accelerated pace, being expected to exceed the 1 million sq m threshold in 2019,…

The most important move was the amount resulted from the Ministry of Public Finances issuance of eurobonds with a nominal value of EUR 1,500 million. National Bank of Romania’s foreign exchange reserves stood at EUR 32,214 million at the…