The Bucharest Real Estate Salon (SIB), one of the largest real estate fairs in Romania, is set to welcome once again home buyers and investors seeking their ideal property investment. Between 06-08 September 2024 at the capital’s Palace of the Parliament, more than 100 exhibitors will take advantage of 5500 square meters of exhibition space promoting houses and apartments totaling an area
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Since 1985, the International Tourism Exhibition Philoxenia – Hotelia has been shaping the landscape of tourism entrepreneurship in Greece, establishing a robust exhibition brand that resonates both domestically and internationally. The Exhibition is organized annually every November at the Thessaloniki International Exhibition & Conference Center. The first two days are exclusively aimed at Greek and foreign trade visitors, while on the third
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Leading European landlord CPI Property Group (CPIG) has published unaudited financial results for the three months ending 30 June 2024. Total assets have reached €21.2 billion and CPIPG’s property portfolio is equal to 18.6 billion (versus €19.5 billion at year-end 2023) reflecting disposals, a modest decline in valuations (-0.8%) and FX movements, partially offset by CapEx investments. “CPIPG’s consistent growth in rental
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The Indian economy expanded by 6.7% from the previous year in the June quarter of 2024, slowing from the 7.8% increase in the earlier period, preliminary figures from the country’s statistical office showed Friday. The Reserve Bank of India (RBI) had forecast 7.1% growth for the quarter while economists had forecast 6.9% expansion. It was the slowest expansion in five quarters, as
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Romania will be represented in the the FTSE Global All Cap indices with 9 companies starting next month after the shares of Transport Trade Services (TTS) are included in the Small Cap category. On Friday, 23 August, global index provider FTSE Russell made public the announcement of their semi-annual review indicative results that will become effective as of 23 September 2024. According
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ECONOMY -Romania’s Finance Ministry raised RON1.5 billion from banks on Thursday (February 8), via two bond issues, at annual average yields of 6.03% and 6.45%, respectively, the National Bank of Romania (BNR) data showed. -In 2023, Raiffeisen Euro Obligatiuni, Goldman Sachs Romania RON Bond and FDI Globinvest were among the 10 best performing local open-end bond funds, delivering 9% to 15% yields
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ECONOMY -The volume of mortgage loans in RON granted by banks in Romania doubled in the fourth quarter of 2023 exceeding RON 10 billion y-o-y, according to the latest data published by the National Bank of Romania, quoted in a press release by Imobiliare.ro Finance. -BRD-SocGen, the third largest bank on the Romanian market by assets, generated RON1.63 billion net profit in
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ECONOMY -Romania will post economic growth of around 3% this year, followed by 3.5% in 2025, but in parallel public finances will worsen further, becoming a reason of concern, with deficits of around 5%, a country risk analysis conducted by Allianz Trade revealed. -Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) grew by 0.1% in unadjusted data
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Romania’s trade deficit dropped by 17.6% to 25.555 billion euro in January-November 2023, the National Statistics Board (INS) data showed on Tuesday. Exports grew by 2% to 86.921 billion euro, while imports fell 3.2% to 112.477 billion euro. In November alone, exports decreased by 2.2% on an annual basis to 8.222 billion euro, while imports fell 3.9% to 10.579 billion euro. The
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ECONOMY -Romania’s e-commerce market hit EUR10 billion in 2023, of which 65% represents goods and products and 35% online services, according to Elena Gheorghe, country manager at PayU GPO Romania, a major online payment services provider locally. -Over 92.5 million tons of freight went through Romanian seaports in 2023, up 22.5% on an annual basis, according to officials of the Maritime Ports
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