BREC Talks

BREC Talks

ALL EYES ON SUSTAINABLE BUILDINGS

ALL EYES ON SUSTAINABLE BUILDINGS 1000 500 BUCHAREST REAL ESTATE CLUB

(By Alexandra Smedoiu, Partner and Real Estate Industry Leader, Deloitte Romania, and Irina Dimitriu, Partner, Reff & Associates | Deloitte Legal, Head of the real estate practice)

The EU aims to be climate-neutral by 2050, a goal that also involves decarbonising buildings as to diminish their extensive direct and indirect impact on the environment. During the construction, occupancy, renovation, repurposing and demolition, buildings use energy, water and raw materials, generate waste and potentially harmful atmospheric emissions. These factors have prompted the creation of green building standards, certifications and rating systems aimed at mitigating the impact of newly developed constructions on the environment through sustainable design.

Considering the need for increased transparency in informing shareholders and investors on the companies’ impact on people and environment, the European Commission recently adopted the Sustainable Finance Package to help the redirection of private capital towards green activities. The package includes a new Corporate Sustainability Reporting Directive (CSRD), which would revise the existing reporting rules introduced for public-interest entities by the Non-Financial Reporting Directive (NFRD). The CSRD proposal extends the scope of the NFRD to all large companies and listed companies.

Basically, we expect that a wider range of companies (all large companies, either listed or not, as well as SMEs) will become publicly accountable for their impact on people and the environment.

At the request of EC, the European Banking Authority (EBA) published a set of KPIs for the disclosure by credit institutions and by investment firms of information on how and to what extent their activities qualify as environmentally sustainable. Moreover, the EBA underlines the importance of the green asset ratio as a key means to understand how institutions finance sustainable activities. These actions could result in lower funding costs for projects compatible with EU environmental objectives.

Therefore, EBA took a step further as compared to the EC in the sense that the companies’ accountability for their impact is no longer sufficient, but the development of green projects is financially encouraged.

At the same time, the EBRD new Green Economy Transition (GET) approach for 2021-2025 includes climate action to reduce energy and carbon intensity and sets a new target to reach a green finance ratio of more than 50% by 2025. In real estate, the bank’s priorities include the management and development of green and sustainable buildings.

All principles and public statements supporting the green projects may sound rather theoretical for other industries, but for real estate in particular, things are changing even faster than anticipated. As such, starting this year, all new buildings must meet the NZEB standard.

What is NZEB?

Buildings consume 40% of the total energy and emit 36% of the greenhouse gas in Europe, therefore representing a high potential for energy savings. In the recast Energy Performance of Buildings Directive (2010/31/EU), the term Nearly Zero-Energy Building (NZEB) was defined as a “building that has a very high energy performance.” The directive states that, as of January 2019 for public buildings and January 2021 for others, all newly built construction should reach the NZEB target in all member states, including Romania.

Within this perspective, bank financing will surely be oriented to the projects eligible for ensuring the transition to a sustainable economy. There are already banks in Romanian that have announced that, if they had to choose between two projects, one with a green component and another without one, the first one would have priority in financing, even under less favorable conditions for the bank.

So real estate developers will likely follow these trends in order to comply with the new sustainability standards, but to also facilitate access to the best financing for their projects. As a source of funding, they can also consider European funds granted through the Next Generation EU (National Recovery and Resilience Plan in Romania – PNRR), given that the plan is strongly linked to the need to fight climate change with the objective of reducing greenhouse gas emissions.

The manner in which this mindset change will reshape the cities of Romania is yet to be seen. The next question is whether Bucharest will champion this new wave or other major cities (such as Cluj-Napoca, Timisoara or Iasi) will start setting the tone. Let the “green” and “sustainable” music play!

Read more about All People You Should Know on the Romanian Real Estate Market

Attila Beer, Alukonigstahl:
Building Schuco Districts across Romania

Attila Beer, Alukonigstahl:
Building Schuco Districts across Romania
740 600 BUCHAREST REAL ESTATE CLUB

Profile:
Country Manager, Alukönigstahl Romania & Republic of Moldova
Turnover (2020):
€ 21.5 mil.
Experience:
More than 25 years of in the field of architectural systems

Attila Beer is a graduate of the Technical University of Budapest and has been working with Alukönigstahl Hungary since 1993. After the establishment of the Romanian branch, he formed and led the local sales team. As a company leader, he engaged in the continuous development of the company, by building partnerships with companies in the field of metal constructions and architecture and by forming a strong local team. Since 2016, he also manages the Alukönigstahl branch in the Republic of Moldova and since 2020 Attila Beer is a member of the Board of Directors in OTP-Mobiasbanca Republic of Moldova.

Alukönigstahl is in a leading position in the aluminum, PVC and steel systems local market and it registered a EUR 21.5 mil. turnover in 2020. The company further targets business consolidation on the traditional office and commercial segments, as well as business expansion on the premium residential segment, given that the pandemic outbreak highlighted Romanians` need to live in better conditions.

Alukonigstahl is an exclusive dealer in Romania for Schüco (world leader in aluminum and PVC systems) and Jansen (steel profiles supplier). In 2020, Alukonigstahl delivered Schüco aluminum systems for more than 75.000 sqm of curtain wall for new real estate developments.

“Through our projects and partnerships, we have been pioneering this segment in Romania and up to present we developed several large “Schüco neighborhoods”. We aim to consolidate our existing portfolios through digitalization and by streamlining our supply chain, as well as to expand on new segments, such as the residential sector, which has high growth potential in Romania.”

Attila Beer is also a member of the board of directors of PPTT – The Romanian Insulated Carpentry Producers Association (an organization of which Alukönigstahl was a founding member) and is also a founding member of RoEnef – Romanian Association for the Promotion of Buildings Energy Efficiency. ALUKÖNIGSTAHL operates in Romania since 1995 and cooperates with the most experienced producers of façades, windows and doors construction in the Romanian market.

Recent projects:
U Center
Offices Jiului
Isho Offices Timisoara
Millo Office
Dacia One
Continental HQ in Timisoara
Skanska Equilibrum 2
AFI Tech Inox 2
Win Residences / PSC Group
Nusco City
Neo Timpuri Noi

Read more about All People You Should Know on the Romanian Real Estate Market

FLORIN GHEORGHE, THETA: Making a Difference in Interior Design & Fit-Out

FLORIN GHEORGHE, THETA: Making a Difference in Interior Design & Fit-Out 834 600 BUCHAREST REAL ESTATE CLUB
  • Profile: Co-Founder & CEO, THETA Furniture & More
  • THETA Furniture & More portfolio:
  • + 1.500 local and international companies
  • + 300. 000 sqm interior spaces
  •  890 office spaces
  •  505 commercial spaces
  • 115 HoReCa spaces
  • Experience:  + 20 years of experience in entrepreneurship & business development

Florin Gheorghe is Co-Founder and CEO THETA Furniture & More, with a proven executive management track record and over 20 years of experience driving sales growth in different industries as: consumer goods, flooring and since 2008 – in furniture & more. As the CEO of THETA, Florin Gheorghe is responsible for running all facets of the business. His skills in finding the most appropriate ways to approach the company’s targets are also based on his educational background: Florin holds a BS in Management & Marketing Romanian – American University, Bucharest.

The most significant achievement in 2020 is the sale transaction of 50% of the company to the Black Sea Fund, with positive implications for the long-term development of the company.

Looking way back, THETA is a dream-project launched in 2008, with the goal of making a difference in the interior design & fit-out industry. “Having our own production factory has quickly introduced us in various proportions projects, both locally and internationally, in sectors as: commercial, residential, office, medical, HoReCa,” Florin Gheorghe says. The portfolio of clients and projects has grown exponentially and, at the same time, the capacity of the factory (5.000 sqm in present) and the investment in modern equipment and technologies. THETA`s design and project management teams include architects, interior designers, civil engineers, mechanical and electrical engineers, with extensive expertise in design & construction fit-out projects. The company carries out tasks with utmost attention to detail, ensuring that client’s expectations are met at all times.

Foto Credit: Architect Sabin Prodan; Architectural Design: HTO Architecture & Engineering

Focus on Interior General Contracting

In the last 6 years, the company redirected its focus for the role of interior general contractor, managing complex projects for clients, from design stage to implementation and delivery. “The main benefit for a client to work with THETA is not only that we have the responsibility for the entire process, but also the project expenses / time can be reduced by 15-20%,” Florin Gheorghe says.

“As we gradually move towards the new „normal”, along with positivity and resiliency, we understand that the safety & wellbeing of your employees and clients are top priority, thus we will continue investing in expanding our production facility in order to help our clients create or convert their offices, other spaces, into a droplet-safe environment. Our plans are to develop the company vertically and horizontally – more precisely, we will continue growing the current business and we will also acquire other companies from sectors related to ours.“

Major clients:

  • Deloitte (total office spaces delivered 20.000 sqm), Architectural Design: HTO Architecture & Engineering
  • VEEAM (total office spaces delivered 12.000 sqm)
  • Gazprom (total of 18 gas stations delivered)

Large-scale office fit-out locations:

  • THE MARK  
  • myhive  
  •  AFI
  •  THE LANDMARK
  •  Business Garden Bucharest

Projects locations:

  •  Romania
  • International (Belgium, France, Holland, Hungary, Switzerland)

CHRISTOPHE WELLER, COS:
Keep Developing Our Reach & Solutions for all Segments Upholding Opportunities

CHRISTOPHE WELLER, COS:
Keep Developing Our Reach & Solutions for all Segments Upholding Opportunities
1052 600 BUCHAREST REAL ESTATE CLUB

COS – Corporate Office Solutions has a privileged position on the office segment, as leader on the office fit-out market. This position comes also with responsibility, as we always look at trends and try to anticipate what will be next in the post-pandemic world, says Christophe Weller the founder and owner of COS, the largest integrator of interior design solutions in Romania.

As key market player in this segment, COS hold significant competitive advantages in the post-pandemic world, says Christophe. “The 23 years` experience on the market (we are the first interiors integrator established in Romania and the market leader), the strong exclusive partnerships we have in Romania with strong brands as Steelcase and Interface and the complete integration of our services, which means we provide turnkey solutions to our clients (from workplace consultancy & design, to complete fit – out, project management of the projects and office furniture supply). Even from early stages of their office scouting process, we can work side-by-side with corporate tenants and make their lease and fit-out processes more efficient, which will be a great differentiator in the coming period.“

The business trajectory

In 2020, COS registered a 23 mil. EUR turnover, which is a great achievement considering the full lockdown period and the pandemic context, when the office lease activity decreased. Many of our customers took the “social distance” opportunity to design or redesign their office interiors, as most of their employees were working from home, which proved to be very efficient for them. In the unusual context of 2020, COS was contracted to fit out a total of about 58.800 sqm of office space, for which we provided concept design, complete fit out and consultancy during the project implementation, standard and/or custom-made furniture, flooring solutions.

We also sign several stand-out projects from outside of the office segment, among which Radisson Blu Hotel Bucharest and Marie Curie Hospital extension by Daruieste Viata NGO.

For 2021 and the next years, we aim to consolidate our portfolio of clients, continue to organically increase our business, and remain the turnkey partner of choice for clients aiming for contemporary, qualitative, innovative, healthy, and smart interior spaces and management of new projects in order to keep up with new challenges and opportunities.

Trends

The increased focus on health, safety and wellbeing will have a major influence on the way we think interiors. Innovation, digitalization and expanding the line of products and design solutions for our clients are our responses to the new market challenges.

Healthy and safe interiors are a key market trend, while the integration of technology and smart features into the way we design interiors will also gain more and more ground in the coming years. We are also experiencing a more and more demanding generation of corporate clients and companies that bring added value to their customers will be the winners.

Opportunities

We already hold a portfolio of high-profile projects from other market sectors, among which HoReCa (Radisson Blu Hotel Bucharest), healthcare (#NoiFacemUnSpital initiative – the first Pediatric Oncology, Radiotherapy & Trauma Hospital in Romania will have COS interiors) or education (Deutsche Schule Bukarest, Lycee Francais Anna de Noailles).

The market as we see it is full of opportunities, especially in what regards the counterbalance of private service as response to the lack of quality in the public system, such as the education system for example.

The space occupier is the ultimate beneficiary of an interior space and with the change of generations in Romania the occupiers will demand better quality in all segments – and we are here to provide. Based on our leadership and extensive experience on the office segment, we will keep developing our reach and solutions for all segments upholding opportunities in the next period.

—–

In over 23 years of activity, COS has successfully implemented projects for more than 2.000 companies in Romania, several of our most representative projects being Accenture, Microsoft, Secom, Schlumberger, NTT, Porsche Engineering Cluj, Google, Nestle, Reckitt Benckiser, MHP Cluj, Sector Labs Cluj, Record Park Cluj, Cognizant Cluj, Riverbed Technology Cluj, Takeaway Bucharest.

Christophe Weller founded COS in 2007 together with 3 partners, after being a furniture Salesman of the Steelcase dealer in Saudi Arabia for 4 years and the Sales Director of the Steelcase dealer in Moscow for 2 years. He was 29 years old, knew nothing about Romania and it was the first time he entered entrepreneurship.

COS started with 5 employees and an office based in a 60 sqm apartment. The first money he invested came from a $ 200.000 loan, the only loan ever made by Christophe for his company. The 5 employees are still in the company, apart from one who retired.

At present, COS has a 23 mil. EUR turnover, almost 100 employees and signs contemporary fit –out projects for more than 2.000 office spaces, as well as premiere projects in the Medical, HoReCa and Educational sectors.

Claudiu Bisnel, Brisk Group: Delivering PM services from Bucharest to London and Chisinau

Claudiu Bisnel, Brisk Group: Delivering PM services from Bucharest to London and Chisinau 749 600 BUCHAREST REAL ESTATE CLUB

“In a field where the present fights the past, Brisk Group chose a completely different side. It chose the future! I really think that excellence is not an act, but a habit. This is how ideas at Brisk Group come to life, because we love to build unique projects and manage successful partnerships,” says Claudiu Bisnel, Partner and Founder Brisk Group, a Project, Cost & Construction Management Services company, for BUCHAREST REAL ESTATE CLUB.  

Brisk Group was founded in 2016 and it is today one of the most successful construction consultancy firms in Romania offering Project, Cost and Construction Management services, with a portfolio covering over 100 projects and more than 600.000 sqm of managed & coordinated constructions. Among the projects in the portfolio, Brisk numbers a series of well – known developments such as Central District 4 Elemente, Luxuria Domenii Residence, Central District Viitorului 134 , Greenfield Residence or APP Town Residence in Bucharest, as well as over 20 projects from retail sector delivered both in Romania and Republic of Moldova or the Heathrow Airport, the Hinkley Point Nuclear Power Station or Carmistin Farms.

Brisk Group consists of a team of over 60 specialists, offering integrated solutions capable of guaranteeing the quality of each process as well as that of the entire project and has offices in Bucharest, London and Chisinau.

“We strive to develop and deliver projects in an innovative and sustainable way. We always look to the future and aim to be one step ahead through implementation and innovation. We work on projects which combine digital technology and environmental protection, and this is why our projects support such design, as we nurture and implement them where desired,” also says Brisk Group representative.

(27.04.2021)

EUROFIN Health & Safety: Why Workforce Safety Impacts Real Estate Budgets

EUROFIN Health & Safety: Why Workforce Safety Impacts Real Estate Budgets 750 520 BUCHAREST REAL ESTATE CLUB

Employees` Health & Safety has become an even greater concern for companies in the pandemic period, with all sectors of activity having seen how workforce infestation with Covid-19 virus leads to serios activity blockage, delays and budgetary unforseen expenses. As related to real estate developments planned for 2021, we discussed with Razvan Chiru, Managing Partner of EUROFIN, one of the leading Health & Safety  companies in Romania, about the major risks associated with Health & Safety on construction sites.

The Legal Frame

Buildings can present a great number of possible risks both in construction and operation. There are many duties placed on those commissioning, designing, constructing and operating buildings to control those risks. The Romanian legislation affecting health and safety in design and construction falls under the HG no 300/2006, with any developer or investor being required to work with safety and health coordinator during the whole project implementation. Also, in 2021, construction companies use a wide range of safety practices as part of their safety management programmes, with an increasing emphasis on creating prevention measures and a safety culture on the construction sites.

Risks of not having a Strong Health & Safety Plan

Developers, investors and tenants know that implementing a health, safety and security plan has a huge impact on their business. Nowdays, if they don’t have the correct health and safety procedures in place for every construction site, then they will most likely be breaking the law. This means that their business could be fined, sued or even banned from operating depending on the level of risk. They may also face the problem of compensation if a worker is seriously injured on the construction site and the project might even need to be stopped and delayed for investigation. That means an important impact on budget and terms of execution. An unforeseen accident on the construction site leads nevertheless to construction delays and reputational risks, which translates into unforeseen costs for the investor / developer.  

“In 2021, investors, developers and tenants are facing new challenges: new technologies, forgetting not every worker speaks Romanian, rushing trainings for workers, difficulty to identify hazards, putting maintenance aside. It is crucial for construction business to create and implement a safety culture, starting with top management. We need to ensure that health, safety and security plan is focused both on workers but also on whole business functioning, collective measures prevailing the individual ones,” says Razvan Chiru, Managing Partner of EUROFIN Health & Safety.

Saving People, Time and Money

In a nutshell, efficient health and safety plans help to reduce both the human and the business costs of injuries and unnecessary lawsuits, having a major impact on productivity and profitability. Additionally, improved health and safety standards help companies become more effective to finish quality projects on time and improve their business profile with customers and clients.

Not only is health and safety important to avoid injury, there are also plenty of other long term benefits that your business stands to gain. By implementing the right health and safety procedures, employees are much more likely to be happier in their roles. If workers have the right knowledge and tools, it can boost morale on the construction site and lead to better productivity. With less illness and injury you can also gain more productive working hours, which can lead to better profitability. In the long term it can also build a good reputation for entire business and it will help to retain staff.

EUROFIN Health & Safety is a leader on its market segment, having worked in the Real Estate sector with companies such as Skanska, Gran Via Real Estate, Lidl, P3, GSE or Atenor.

(11.03.2021)

Raluca Soaita, Healthcare Architect: Why Building Medical Facilities Will be Profitable

Raluca Soaita, Healthcare Architect: Why Building Medical Facilities Will be Profitable 740 526 BUCHAREST REAL ESTATE CLUB

The recent pandemic context has brutally exposed the vulnerabilities of the medical systems around the world, while recent fire accidents in Romanian hospitals in cities such as Bucharest or Piatra Neamt have only worsened the situation, underlining the lack of both responsibility and investments in public hospital infrastructure.

Many more hospital vulnerabilities will continue to surface in the next period, given the pandemic and especially the intensive care units – ICU (ATI) are highly exposed, says Raluca Soaita, founder of Tesseract Architecture, the single architecture company specialized in the healthcare sector and one of the few that operate in CEE.

“An intensive care unit needs to be equipped with special networks. Treated air and pressure differences must be used. This is very difficult to implement in the existing hospital buildings because of their initial structure,” says Raluca Soaita in a dialogue with BUCHAREST REAL ESTATE CLUB.

“Many of the Romanian hospital buildings were not initially designed for this purpose,” added Raluca, also saying that most of the local hospitals are forced to function with electrical and gas installations that were improvised as additions to the initial structure of the buildings. “All these improvisations expose the buildings and patients to a high fire and epidemiological risk. Many of the public hospitals are deteriorated and more problems will appear in the near future.” the architect ads.

With the recent pandemic having put high pressure on the public  hospitals` capacity to treat other affections than Covid-19, the private health system remains the patients` single alternative. With the new young urban generation opting more and more for private healthcare services, due to their improved quality and patient quality treatment, this sector will continue to generate high demand, says Raluca Soaita. “The existing private health clinics keep on sustained rhythm of growth in the recent years  – our client Medlife announced 8% business growth in Q3 2020) and we believe that the need for medical infrastructure will keep growing in the next years, considering the still limited offer on the market,” says the architect.

Tesseract Architecture is a multi-disciplinary studio of architects operating across three divisions: medical architecture, commercial architecture and 3D animation. The healthcare architecture division of Tesseract is specialized in creating patient – centric designs for clinics and hospitals, with important projects in their portfolio, such as the Modular Hospital in Brasov, Sibiu County Hospital, the Modulal Hospital for Covid – 19 pandemic at Elias Hospital in Bucharest or the extension of the Children Clinical Emergency Hospital Marie Curie /Daruieste Viata.

One of few healthcare specialized studios that operate in CEE, Tesseract Medical has delivered creative concepts for both very large and smaller facilities and involves an extensive multi-disciplinary team in approaching a medical project, such as sociologists, anthropologists, psychologists, epidemiologists to name just a few.

Andrei Breahna, GAEP: Why Art is a “Marketing Gold” in Post – Pandemic Real Estate

Andrei Breahna, GAEP: Why Art is a “Marketing Gold” in Post – Pandemic Real Estate 740 526 BUCHAREST REAL ESTATE CLUB

 

The post-pandemic world is preparing to return to office life with the advancement of the vaccination campaign and art can be one of the most powerful tool, “a marketing gold” for real estate owners and developers, says Andrei Breahna, co-founder of GAEP contemporary art gallery in Bucharest that totally sparkled the modern cultural landscape of Bucharest in the recent years.

And this is because real estate owners know that art can make a statement about the quality and the uniqueness of their projects, Andrei says in the most recent dialogue with BUCHAREST REAL ESTATE CLUB:

Relation between Art and Employees` Mental Wellbeing  

The positive impact of art on employees’ wellbeing is pretty well documented. For instance, an extensive survey by the British Council for Offices and International Art Consultants shows that 61% of employees believe art and artists inspire them to think and work more creatively and 93% of them agree that art makes spaces more welcoming for both staff and visitors.

Furthermore, there is growing evidence that an appealing workplace can increase productivity. The key, however, is to make employees part of the process, not just hang some artworks on the walls. In a study by Identity Realization, a research group based at the University of Exeter, the researchers created three types of working environments: a “lean” office, with minimal decoration; an “enriched” office, with plants and art; and an “empowered” office, in which the staff could decide what they displayed and how. The results were persuasive. People in the enriched office worked about 15% faster than those in the lean office. Productivity and wellbeing increased even further – by around 30% – in the empowered office.

Why Art & Real Estate 

Traditionally, art has been used as a high-end amenity to attract clients. ”Art can be marketing gold” is something of a leitmotif, especially for luxury real-estate developers in the US and Asia. That’s because they know art can make a statement about the quality and the uniqueness of their project. And with the right artworks, either acquired and commissioned, it is a powerful statement.

What excites me when travelling abroad is to see that art is more than an island in these premium buildings. It is an integral part of the fabric of the city. In New York, any major new civic space or public infrastructure project has some public art. Hospitals help patients heal with the power of art. The numerous museums, galleries and artist-run spaces are creative hubs full of energy.

Circling back to the idea of art being part of people’s lives, I think real-estate projects at all price ranges can employ art to make people feel proud of the places they live or work in. And developers do have a lot of options: buying artworks, commissioning site-specific works, presenting rotating exhibitions, sponsoring on-site art programming, offering different art-related experiences to prospective clients, etc. Where should they start? The first step is simple: start a conversation with a gallery who represents artists and has access to a significant number of artworks. 

Added Value of Art in Office Buildings 

It can definitely be used as an identity and branding tool, especially here, in Bucharest, as the number of office buildings that have incorporated art is quite low. Looking at best practices in other countries, one notices that companies select or commission artworks that embody their values or their organizational spirit.

For organizations with CSR or outreach programmes, art can foster better community relations – for instance, by supporting local artists.

And in the post-pandemic reality, when the office will compete with more relaxed working spaces (home, first of all), it is essential that the office is a place where people like to be in. A destination of choice. Art can contribute to this, as well.

Art and Real Estate Investments  

I see them as complementary investments. If you’ve put your money into real estate, why not enhance the space with art? It will create a more aesthetic environment and it will increase property values.

As for the reasons to invest in art, I noticed a subtle mix of financial and non-financial drivers. Art buyers want to beautify their spaces, to express their tastes and to share their interest in art with friends or social contacts. But they also buy art to diversify their wealth portfolio or as a hedge against inflation. An interesting recent development is that financial motivations tend to decline with age: according to the global survey Art Market Report 2020, three quarters of millennial art collectors regard financial factors as important versus a third or less of people over 55.

About Andrei Breahna & GAEP

Cultural manager, gallerist and collector, Andrei Breahna is the co-founder of GAEP, a contemporary art gallery with a vibrant exhibitions programme featuring the work of established and emerging artists. Since 2014, the gallery has presented more than 30 exhibitions in its elegant space on 50 Plantelor Street, Bucharest and has participated in over 20 international art fairs, including the award-winning participations at ARCOmadrid 2019 and Artissima 2017.

BREC Members: AlProf Aluminium Boosts Business in January 2021

BREC Members: AlProf Aluminium Boosts Business in January 2021 740 525 BUCHAREST REAL ESTATE CLUB

AlProf, one of the most important aluminium extrusion producers in Romania, states that January has been an atypical month in the profile industry, with production capacity having tripled due to the large number of contracts signed this month.

With the European Union having imposed duties of up to 48% on imports of aluminium extrusions from China, the local production boosted, with local producers having to cover the gap generated by the absence of the Chinese supply in Europe.  

Traditionally, January has always been a rather quiet month in terms of contracts negotiations, but this year we had to increase our capacity in order to deliver to our customers` needs. Our clients in the automotive, constructions or hard industry are not slowing down their production capacities and their supply necessary needs to be covered from other sources, now that the EU has imposed the high taxes to China”, says Enis Ibraim, AlProf Executive Director.

At the end of 2020, The European Union announced it will impose duties of up to 48% on imports of aluminium extrusions from China midway through an investigation into whether Chinese producers are selling at unfairly low prices. The European Commission, which coordinates trade policy in the 27-nation European Union, opened an investigation in February 2020 into the product widely used in transport, construction and electronics after a complaint from industry body European Aluminium.

AlProf holds a production capacity in Constanta county and activates in the field of extrusion and production of aluminium components for a range of industries such as construction, automotive, ventilation or the heavy industry.

1.02.2021

Psychotherapist`s View: Why #BackToOffice is Better for Employees` Mental Health

Psychotherapist`s View: Why #BackToOffice is Better for Employees` Mental Health 740 528 BUCHAREST REAL ESTATE CLUB

As a new post-pandemic life is contouring on the horizon with the vaccination campaign having started worldwide, there is also debate over the new work format after the “work from home” era. While some companies still plan to extend the remote work, a new “hybrid” scenario is profiling, with at least 2 or 3 days per week in the physical office space.

As it is still early to completely foresee the large employers` decisions in the next 12-24 months, BUCHAREST REAL ESTATE CLUB took the opportunity to talk to reputed Romanian psychotherapist Anca Maftei, as to investigate more on the impact that “work from home” format has on people and what would be the effects of not returning, for at least part of the time, in the physical office.

“Full time remote work has had a strong impact on the employees` emotional health, as it also came with loneliness and social isolation. We witnessed a major increase of the depression and anxiety cases and the number of people who accessed psychotherapy services increased dramatically. Among my clients, 4 out of 5 of them reported that remote work affected their mental health and they felt a lot of fear, irritability and concern”, says systemic psychotherapist Anca Maftei, who is also the Creator of the Integrative Self Process therapy method.

For most people, sudden transit to remote work was a major stress, she adds. Those who had to work from home experienced a lot of anxiety and stress. One of the reasons, Anca Maftei explains, is that they felt insecure and that they lacked the necessary support – and this was mostly felt by the young and lonely people.

This lack of physical connections with others can impact us deeply, for all of us have the need to belong deeply rooted in our DNAs. At an ancestral level, individual`s survival was deeply connected to the need to belong to a group. Many studies point that this social separation may result into sleep disorders, alteration of the immune system, increase of the inflammation status and increase of the body stress hormones level”,  psychotherapist says.

“Moreover, when we work from home we are tempted to forget about time and work sometimes many extra hours. For those people who don`t have an office or a separated physical space for work, there is no clear delimitation between the professional and personal life. It is very important to make the difference between the various areas where we activate as persons. For people who worked remotely it was very difficult to distinguish between the professional sphere, health, their social environment and the pleasant or relaxation activities – and maintaining an equilibrium between these aspects is essential for keeping our mental integrity. When work, personal life activities and the other activities happen all in the same physical space this equilibrium is difficult to find”, psychotherapist Anca Maftei completes.

Anca Maftei is a systemic psychotherapist, creator of the Integrative Self Process therapy method, hypnotherapist and transformational workshops facilitator.   

(26.01.2021)