On March 19, the closing event of the twinning project financed by the European Union “Consolidation of supervision, corporate governance and risk management in the financial sector” took place in Chisinau. The project was implemented by the National Bank of […]
The hotel sector continued to recover in 2023, with sustained growth in leisure tourism. The number of Romanian tourists staying in the country’s hotels reached almost 7 million in 2023, very close to record highs and above the average in […]
Despite initial challenges, Romania’s residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024. The annual market report of residential real estate developer STC Partners shows that the market recorded fluctuations in prices […]
Copper Beech Urban Development is planning a major investment of 745 million RON in the development of a next generation photovoltaic park. With a capacity of more than 130 MW, the solar project represents the entry into the renewable energy […]
Romanian companies anticipate improvement of macroeconomic indicators such as gross domestic product (GDP), inflation and unemployment, but seem to still adopt a prudent approach as uncertainty remains high, according to the Deloitte 2024 Romania CFO Survey, conducted at the end […]
The optimism regarding the economic evolution in Central Europe is growing, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey, as the share of respondents who expect overall economic climate to improve went up to 42 percent, […]
With almost half a million inhabitants in the county, Maramures County is facing significant recent economic development. In economic terms, the North-West region is, after the Bucharest – Ilfov area, the most attractive development region in Romania, taking into consideration […]
Health, well-being, and a healthy lifestyle are for Romanians the most important for a long life. 71 percent of Romanian respondents to a longevity study conducted by NN Group in 11 countries believe they need to adopt a healthy lifestyle […]
The latest Coface Romania study shows that 6,650 new insolvency procedures were opened in 2023 compared to 6,649 in 2022. The refused payment instruments increased both in value (+37 percent) and in number (+17 percent) compared to 2022, but below […]
Authors: Ioana Roman (partner), Mihaela Ispas (counsel), Filip & Company law firm Overview regarding 2023 For us, 2023 was a stable year, with constant and varied activity in the real estate field, despite the less favorable context, characterized by high […]
