Bucharest is most congested city in the world by hours lost in traffic
12 March 2021 • ArticleBucharest is the most congested city in the world based on the number of hours its residents lose in a year due to congestion, according to the 2020 Global Traffic Scorecard published by INRIX, a provider of transportation analytics, and presented by Hotnews.ro. | BLISS Imobiliare
Alesonor obtains the PUZ for Amber Forest
9 March 2021 • ArticleAlesonor, the developer of the green residential complex Amber Gardens, obtained the PUZ for Amber Forest. The first green suburb in Romania, Amber Forest, includes over 500 green villas and 200 green apartments, with only 15% of the built area and the lowest land use coefficient. | BLISS Imobiliare
Amazon opens three new offices in Romania and creates 500 jobs
9 March 2021 • ArticleAmazon, with 2,500 employees in Romania announced it is preparing to add by the end of the year another 500 permanent roles available in its offices in the country and intends to open a new office in Timisoara and two more in Iasi. | BLISS Imobiliare
Bucharest City Hall to suspend most Zonal Urban Development Plans
26 February 2021 • ArticleBucharest's General Council tabled for February 26 a decision to suspend the Zonal Urban Development Plans (PUZ) in five of the city's six districts. This measure has raised many concerns among local developers that see their projects at risk. | BLISS Imobiliare
The New Roaring 20s
24 February 2021 • ArticleWe have just started a new decade and I am convinced that the next 10 years are a great challenge, but also a great opportunity, perhaps one that Romania has not had for a very long time. | BLISS Imobiliare
The City Reports
22 February 2021 • ArticleWe are pleased to present The City Reports covering key trends in the economy and recent trends in the investment, office, retail and industrial markets. In this edition, we bring you our fourth quarter update on Bratislava, Bucharest, Budapest, Prague and Warsaw. | BLISS Imobiliare
Romania’s Economy Outshines Rest of EU After Shunning Lockdown
18 February 2021 • ArticleRomania’s economy outperformed the rest of the European Union last quarter as the government opted not to impose the kind of harsh lockdown that shuttered most of the continent. | BLISS Imobiliare
Investment volumes down at €588.5million in 2020, but Romania remains on the radar of investors
12 February 2021 • ArticleRomania’s commercial real estate investment volume ended 2020 with a volume of €588.5 million*, according to CBRE. Romania remains on the radar of investors and the combination of limited supply and better than envisaged demand may trigger surprising movements in pricing. | Bliss Imobiliare
Bucharest office market registered a consistent return of demand in the last quarter of 2020
12 February 2021 • ArticleIn the last quarter of 2020, in Bucharest there were transactions of office spaces with a total area of 77,000 square meters, the highest quarterly value of the year, thus bringing the annual volume of transactions to approximately 237,000 meters squares. | BLISS Imobiliare
Five predictions for the real estate investment market in 2021
10 February 2021 • ArticleAs multiple vaccine programmes are rolled out worldwide, JLL’s recent study looks at the effects of the past year and its impact on the market in 2021 and beyond. |BLISS Imobiliare
The Villa of the poet Octavian Goga, arch. Horia Creangă
7 November 2018 • ArticleDesigned by the pioneer of modern Romanian architecture, at the command of the Interwar Romania's last Prime Minister, the Octavian Goga Villa is one of the iconic houses in Bucharest. Named after its first owner, the great poet and Transylvanian politician, the villa was built between 1936 and 1938.
Mazars short guide of moving to Romania: Tax perspective
7 November 2018 • ArticleGiven the membership to the European Union, Romania has a fully integrated employment market within the Single EU market and, as such, citizens of EU countries can freely come to Romania, reside here and perform activities, either as freelancers or employees of Romanian employers, as well as non-resident employers.
US company opens cyber research & development center in Romania
1 November 2018 • ArticleNew-York based analytics company Verint Systems announced on Wednesday, October 31, the opening of a Cyber Intelligence Research and Development center in Romania. The new R&D center will be located in the Astoria Business Center in Bucharest, and Verint expects to hire dozens of employees over the course of 2018 and 2019.
Romania’s budget deficit in first nine months, more than double compared to last year
31 October 2018 • ArticleRomania recorded a consolidated budget deficit of RON 16.8 billion (EUR 3.6 billion) in the first nine months of this year, representing 1.77% of the estimated Gross Domestic Product (GDP) for 2018. The deficit was 2.5 times higher in nominal terms and 2.2 times higher as a percentage of GDP compared to the same period of 2017, according to data from the Finance Ministry.
Fiscul schimbă procedura privind contractele de chirie ale persoanelor fizice
24 October 2018 • ArticleFiscul pregătește modificări în ce privește procedura de înregistrare a contractelor de chirie, după ce o ordonanță din luna martie a Guvernului a eliminat obligația ca aceste acte să fie înscrise în cazul persoanelor fizice. Înregistrarea este, însă, o condiție legală pentru ca respectivul contract să aibă titlu executoriu, iar modificările procedurale vizate acum de ANAF vor acorda posibilitatea de a înregistra documentele persoanelor care doresc să aibă un astfel de contract executoriu