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Over 79,200 Companies Set Up in 1H/2021, Highest Number in Recent Years
Companies

Over 79,200 Companies Set Up in 1H/2021, Highest Number in Recent Years

The first half of 2021 saw the number of newly-set up companies hit a peak compared with the similar periods of the previous years, with over 79,700 companies being established in the first...

Miruna Diaconu · 06.08.2021 · 10:02 · 1 min
Lithuanian-held Apex Alliance Hotel Management Finalises EUR42M Investment in Bucharest’s Old Town
Companies

Lithuanian-held Apex Alliance Hotel Management Finalises EUR42M Investment in Bucharest’s Old Town

Lithuanian hotel operator Apex Alliance, which owns and operates four hotels in Bucharest, has finalized its EUR42 million investment in Bucharest’s Old Town.

Miruna Diaconu · 05.08.2021 · 16:04 · 1 min
Average Rental Price In Capital Bucharest Hits EUR7.5/Sqm In 2Q/2021, Down Nearly 5% Vs 2Q/2020
Real Estate

Average Rental Price In Capital Bucharest Hits EUR7.5/Sqm In 2Q/2021, Down Nearly 5% Vs 2Q/2020

Iasi, Brasov and Constanta are among Romania’s top economically developed cities where rental prices have gone up in the past year, while in Bucharest, Cluj-Napoca and Timisoara rental price...

Catalina Apostoiu · 04.08.2021 · 11:08 · 1 min
Bucharest to Lose One Quarter of Its Population by 2050
Analysis

Bucharest to Lose One Quarter of Its Population by 2050

Bucharest will have only 1.4 million inhabitants by 2050, compared with 1.8 million as statistics show in 2018, according to Eurostat data.

Loredana Frățilă-Cristescu · 22.07.2021 · 09:39 · 1 min
Bucharest Unemployment Rate At 1.21% In March 2021
Social/Politics

Bucharest Unemployment Rate At 1.21% In March 2021

Capital city of Bucharest registered 14,974 jobless people (of whom 8,127 women) at the end of March 2021, taking the unemployment rate to 1.21%, lower by 0.82% compared with February 2021,...

Ecaterina Craciun · 21.04.2021 · 13:18 · 1 min
Singapore-based BPO Company TDCX Opens Office In Bucharest
Technology &Telecoms

Singapore-based BPO Company TDCX Opens Office In Bucharest

TDCX, a leading provider of business process outsourcing (BPO) services based in Singapore, is opening in Bucharest its first office in Central and Eastern Europe and the second in Europe, a...

Ecaterina Craciun · 18.02.2021 · 09:54 · 1 min
Tesla Opens Its First Office In Capital Bucharest
Automotive

Tesla Opens Its First Office In Capital Bucharest

U.S. automaker Tesla on Thursday (Feb 4, 2021) opened its first office in capital city Bucharest, within a business center on Calea Serban Voda Roadway.

Ecaterina Craciun · 04.02.2021 · 13:10 · 1 min
Bucharest Unemployment Rate At 1.28% In December 2020
Social/Politics

Bucharest Unemployment Rate At 1.28% In December 2020

Capital city of Bucharest registered 15,251 jobless people (of whom 8,167 women) at the end of December 2020, taking the unemployment rate to 1.28%, lower by 0.78% compared with November, ac...

Ecaterina Craciun · 25.01.2021 · 14:28 · 1 min
Tesla Readies Opening Of Center In Capital Bucharest
Automotive

Tesla Readies Opening Of Center In Capital Bucharest

U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ five people, namely, a store manager, two service tech...

Ecaterina Craciun · 15.12.2020 · 18:36 · 1 min