Business Review Awards 2017 – Blog


Expats’ premium property request in Bucharest goes up 7 percent in 2015

The northern part of Bucharest has been an attractive area for expats in 2015, with renting requests going up 7 percent for apartments and 5 percent for villas, according to premium real estate broker Nordis.

Having many of the city’s bilingual kindergartens and schools and also green spaces nearby, the area is a popular residential […]

September 30th, 2015|Blog|0 Comments

SMEs seek funds and innovation

With more than three times fewer SMEs per 1,000 inhabitants than the European Union, Romania is making efforts to encourage the so-called “engine of the economy”.

The 2015 Romanian Entrepreneurship Barometer – Entrepreneurs Talk, conducted by EY Romania, found that small and medium enterprises (SMEs) represent 99.6 percent of the total number of companies active […]

September 29th, 2015|Blog|0 Comments

Fiscal measures need careful considering during election year

Romania’s Fiscal Council warned about the potential for a great hike in the economic deficit due to wage rises in the public sector planned for 2016 during the Reuters East European Investment Summit.

Ionut Dumitru, head of the Fiscal Council said that such a situation would be sanctioned by financial markets and ratings agencies and could […]

September 25th, 2015|Blog|0 Comments

Local agriculture left gasping after drought

Local farmers are still reeling from the drought earlier this year, which has reportedly caused them more than EUR 2 billion of losses. While they may be entitled to compensation, the problems dogging local agriculture do not stop there, say industry representatives.
Laurentiu Baciu, president of the League of Agricultural Producers’ Associations in Romania (LAPAR), […]

September 3rd, 2015|Blog|0 Comments

New demand for office space up by 35 pct in H1

The total leasing activity with office space in Bucharest has remained relatively stable in the first half of 2015 compared to the same period last year totaling some 135,000 sqm, according to data from real estate services firm DTZ Echinox. While the overall volume stayed the same, new demand for office space (meaning relocations from old […]

July 30th, 2015|Blog|0 Comments

Foreign Investors Summit: Day 3 in review

The Foreign Investors Summit came to an end on Thursday with the conferences dedicated to the IT&C and real Estate sectors. . Speakers from AmCham, Intel Romania, Cisco, Cluj IT Cluster, IBM, Colliers and JLL shared their insights, their in-depth sector knowledge and their tips and tricks for navigating Romania’s economy. 

Alexandru Tulai, President of the Cluj IT […]

October 20th, 2014|Blog|1 Comment

Foreign Investors Summit: Day 2 in review

The Foreign Investors Summit continued on Wednesday with the conferences dedicated to the Auto and Infrastructure sectors. 

The discussion on Romania’s auto sector started with Viorel Ciocoiu, DPIIS adviser, saying that the industry itself represents an advantage for the country. He added that in the last few years, the automotive industry received over EUR 400 million in […]

October 16th, 2014|Blog|0 Comments

Foreign Investors Summit: Day 1 in Review

The Foreign Investors Summit debuted on Tuesday morning, with the organizer team ready to welcome the participants eager to hear the latest legal and fiscal updates from Government official or the most interesting study cases from representatives of the Private sector.

The opening conference, moderated by Cosmin Vasile, Managing Partner, Zamfirescu Racoti & Partners, featured […]

October 15th, 2014|Blog|0 Comments

Nikolai Beckers, CEO Telekom Romania, to attend Foreign Investors Sumit

Nikolai Beckers, CEO Telekom Romania, and Mrs. Ruxandra Voda, Corporate Communication Director Romania, will attend the Foreign Investors Summit, on October 14-15-16, at Pullman Hotel Bucharest.

The rebranding of Romtelecom and Cosmote as Telekom Romania is without a doubt the biggest event in marketing and telecommunications of the year. Guiding the two companies through this […]

October 10th, 2014|Blog|0 Comments

Top 10 speakers at the Foreign Investors Summit you can’t afford to miss

We are days away from the biggest investors event this fall in Romania. The Foreign Investors Summit gathered together tens of speakers from six industries that will shed the light on the legal and fiscal intricacies of business in Romania.

Here are ten people that you simply can’t afford to miss the chance to get […]

October 10th, 2014|Blog|0 Comments