Reporter
Bogdan Alecu
- Fields
- Automotive, Companies, Real Estate
- Writing for ZF since
- 2011
- Articles
- 303
CTP Seals Deal with Globalworth to Buy 270,000 Sqms of Logistic Centers and 30 Hectares of Land for Future Developments
CTP, the largest owner and developer of logistic and industrial spaces by gross leasable area (GLA) in Europe, has acquired from Globalworth, the main office investor in CEE, an industrial p...
Redport Capital Starts Construction Works for Phase 3 of The Level Apartments Project
Redport Capital, one of the most dynamic local housing developers, has started works for phase three of The Level Apartments project as it got the building permit.
Automobile Dacia 2023 Turnover Up 1% To over EUR5.2B, Profit Flat at EUR107M
The turnover of carmaker Automobile Dacia climbed by 1% in 2023, to EUR5.259 billion. The company’s net profit was unchanged at EUR107 million, while the number of employees went down from a...
Dedeman Owners Take Over Former Project ELI 4
Paval brothers, owners of Dedeman, the biggest Romanian entrepreneurial business, took over, via Paval Holding, Asset Proiect Craiova SRL company, becoming it sole shareholder.
One United Properties Wants to Reach Portfolio of 11,000 Completed Apartments, Offices for almost 28,000 Corporate Workers and Three Hotels by 2030
Real estate developer One United Properties during this year’s Capital Markets Day event announced its plan for 2030 envisages its expansion in three key fields: housing, office and retail a...
Stihl Starts Building EUR165M Plant in Oradea
Andreas STIHL Power Tools SRL, a subsidiary of Germany’s STIHL AG&Co, has started building a new EUR165 million production unit on an area of around 147,000 square meters in Eurobusiness I I...
Transilvania Constructii Wants to Double Industrial Portfolio in Next 5 Years
Andrei Timofte, general manager of Transilvania Constructii, says the company wants to grow further and double its portfolio in the next five years, reaching 500,000 square meters.
7,500 Apartments Currently Under Construction in Bucharest, in Ten Largest Projects
One United Properties with almost 2,300 apartments, Ionut Negoita with another 1,330 and Exigent with almost 1,300 are the most dynamic developers in 2024, having the highest number of housi...
Ford Motor Company Expands Bucharest Business Solutions Operations
Ford Business Solutions is expanding its existing Bucharest operations.
Wallberg Sets Off Construction of Fourth Building part of EUR10M Project
Wallberg, the real estate developer controlled by entrepreneur Valentin Morar, has started construction of the fourth housing building part of XCity Towers, the 1,000-apartment compound loca...
Modex Signs Contract with FIFA for Blockchain Technology
Modex, a tech company founded by Mihai Ivascu, last October sealed a contract with FIFA for blockchain technology.
BMW Set to Form Joint Venture with NTT Data in Romania
BMW Group and NTT DATA Romania have signed an agreement to set up a joint venture in Romania.