STARTUPS IN TRANSYLVANIA
7 August 2018 • NewsHello and welcome to Transylvania Beyond's guide to starting a small business in Transylvania. If you're looking to start a company or if you are already building one and want to read more about the relocation opportunities, this is the place to start.
Tenant obligations
6 August 2018 • NewsAccording to art. 1799 The new Civil Code, the holder is obliged to use the goods taken for tenancy with caution and diligence and according to the purpose established by the contract. Taking into account the above stipulations, the tenant will not be able to change the purpose of the rented space except with the lessor's consent.
Unlocking Romania's Potential
6 August 2018 • NewsFor nearly two years, frontier market Romania has been on index provider FTSE's watch list for a possible upgrade to emerging-market status. However, some issues remain over the market's attractiveness for foreign investors. Johan Meyer, senior vice president and CEO of Franklin Templeton Investment Management Ltd UK, Bucharest Branch, shares what he thinks it could take for Romania to make the cut.
Testimonial Adam UK
2 August 2018 • Testimonials"The best testimony I can give is that Violetta and Isfahan helped us to find a great house! However, their value is definitely more than that."
BREC Talks to Ben Adams Founding Director, Ben Adams Architects
2 August 2018 • Real estate"Office buildings need to be interesting, creative, non-standard and exciting to be in. Bucharest is still building largely boring buildings and needs to wake up to the demand for better buildings that let at higher rents."
Stress and organizations: shedding light on the (real!) causes beneath stress-ridden businesses
1 August 2018 • NewsEvery day I read in the press and in the social media (LinkedIn top first) articles and advice about the management of time and priorities (I wrote one myself “The importance of time in companies: how to manage it at its best”).
Half of office developers in Romania expected to opt for WELL certifications over the next five years
30 July 2018 • Real estateWith a history of almost four years, the WELL Building Standard certification has started to shift the attention from the built environment to the health of employees. In Romania, this phenomenon is in its inception and Colliers International is the first real estate consultancy company to have its own team of WELL professionals, with two of the five being present on a national level.
CEE Investment Market | H1 2018
30 July 2018 • Real estateThe CEE region continues to be a key target for both international and domestic investors. The CEE region's macro-economic story, encouraging retail performance levels plus very strong office and industrial occupational markets, together with an attractive yield profile provides for a very positive story for investors.
Colliers International Romania Mid-Year Market Update
30 July 2018 • Real estateIn the post-crisis period, Romania has been the most successful economic convergence story this part of Europe. In fact, if the service-led growth continues at a pace similar to the post-crisis period, Romania is likely to surpass Hungary by end-2022 and catch up to Slovakia by end2028 in terms of GDP per capita, adjusted to purchasing power standards (this indicator is widely used as a proxy for living standards).
JLL’s country by country review of the real estate investment markets and transactions across the CEE region in H1 2018.
30 July 2018 • Real estateJLL’s country by country review of the real estate investment markets and transactions across the CEE region in H1 2018. The CEE region continues to be a key target for both international and domestic investors. The CEE region's macro- economic story, encouraging retail performance levels plus very strong office and industrial occupational markets, together with an attractive yield profile provides for a very positive story for investors.
BR Analysis. The most expensive real estate projects in Romania
24 July 2018 • Real estateThe Romanian real estate market is going through a positive period, as there are large, mixed projects that combine homes, offices and retail such as Isho Timisoara or Timpuri Noi Square, as well as combining retail and offices, in projects like Openville Timisoara or AFI Cotroceni.
Regional cities are increasingly present on international investors' radar
23 July 2018 • Real estateCluj-Napoca, Timisoara, Iasi and Brasov are becoming alternatives to Bucharest. The accelerated economic development of the major regional cities in Romania is beginning to influence their real estate market as well. According to the real estate consultancy company Colliers International, there are strong arguments to support the increased interest in office leasing and the strong investment potential, so cities such as Cluj-Napoca, Timisoara, Iasi or Brasov can offer an alternative to Bucharest.
Employee benefits in Romania: gift vouchers, corporate sports, spas & sabbaticals
19 July 2018 • NewsSalaries and working conditions are not the only subject employers and employees negotiate during a job interview nowadays. Amid a growing shortage of specialists, the benefits that companies in Romania offer for the loyalty of their employees are more and more diverse and creative.
Developer plans to expand logistics park near Bucharest to 1 mln sqm
17 July 2018 • NewsCTP, the biggest logistics and industrial real estate developer and investor in Romania, plans to turn its CTPark Bucharest West logistics park into the biggest such facility in Eastern Europe.
What will the homes of the future look like? True luxury is green
17 July 2018 • Real estateCompared to previous years, the residential market is now much more evolved and clients are more demanding and informed. More and more people who want to buy green homes compared to those who are looking for an apartment in a block of flats are increasingly concerned about the quality of their lifestyle, the comfort and safety that their family home brings, energy efficiency and lower maintenance costs, not just the price per square meter as they were interested in the past. So there are more and more quality projects being built.
EC revises downwards economic growth forecast for Romania
16 July 2018 • NewsThe European Commission (EC) has revised downwards its economit growth forecast for Romania, for both 2018 and 2019, according to its Summer 2018 Interim Economic Forecast. Thus, the EC expects Romania’s economy to grow by 4.1% in 2018, down from the 4.5% forecasted in the spring. Moreover, the Commission also revised its forecast for 2019, from 3.9% to 3.8%.
How to register & tax regime of Authorized Natural Persons – PFA in Romania
11 July 2018 • NewsFor those who want to do business in Romania, but don’t want to create a limited liability company (SRL, which stands for Societate cu Raspundere Limitata), the most common method is to register as a PFA (Persoana Fizica Autorizata/Authorized Natural Person, or a Sole Trader). It is much easier and the tax regime is more relaxed than in the case of a company.
Romania, among world’s top 30 most transparent real estate markets
11 July 2018 • Real estateRomania is among the transparent real estate markets in terms of information availability, according to this year’s edition of JLL’s Global Real Estate Transparency Index. Romania ranks 29th out of 100 markets covered by this index.
Fly Go and TBI Credit launch a digital credit for the purchase of holidays
10 July 2018 • NewsFly Go, one of the largest online travel agencies in Romania, and TBI Bank, part of TBI Bank, have launched an online credit, the first 100% digital financing product available in Romania to buy tourist products and services.
Building permits in the first five months of the year increased 8 percent compared with the same period of the last year
5 July 2018 • Real estateIn the first five months of the year were issued 16,287 building permits for residential buildings, at national level, according to INS data, an increase of 8 percent compared to the corresponding period of the previous year.
Intravilan plot of land for sale, located in the north of Bucharest, in Baneasa Pipera area
5 July 2018 • Real estateBuildable plot of land, 4.000sqm, located in northern Bucharest, in the Baneasa Pipera area. The land is suitable for residential development.