Senior Editor
Cristi Moga
- Fields
- Real Estate, Retail&Consumer, Companies
- Writing for ZF since
- 2011
- Articles
- 92
Apartment Prices Down To New Low In Bucharest
The average three-room apartment prices in Bucharest fell by 0.3% to EUR76,950 in July, the new low of the last few years, but the serious depreciation of the leu makes them more expensive b...
AFI Palace Cotroceni Head Says Mall Still Far From Reaching Peak Traffic And Revenue Potential
The sales of stores in shopping center AFI Palace Cotroceni in Bucharest, owned by AFI Europe, rose by 9% in the first half to EUR91 million. Calculated in lei, the sales of the mall went up...
Dascalu Collects EUR1 From Tenants For Every Person Going Into Iulius Malls
Businessman Iulian Dascalu, the biggest owner of shopping centers on the Romanian market, collected revenue of EUR20 million in the first six months of the year from rent at his Iulius Malls...
DIY Stores In Bucharest Generate Up To EUR300M In Sales A Year
The first do-it-yourself stores opened in Bucharest by seven of the eight networks operating in the city are the top performers of their respective chains. They are generally located in the...
Hornbach Chooses Profit Over Fast-Paced Development
Hornbach, whose four do-it-yourself stores in Romania bring EUR75 million to EUR80 million in sales each year, will open one more unit in Timisoara this year, following a EUR30 million inves...
Servtrans Owner Gets 800 Railroad Cars, Prepares Company Sale
Railway transport company Servtrans Invest, controlled by businessman Cristian Burci and insolvent since last summer, took over the lease for 838 freight cars signed with BCR Leasing.
Real Estate Developer Redevco Prepares Exit From Romania
Real estate developer Redevco, controlled by Cofra, which also owns the C&A store chain, has put up for sale the only plot it has in Romania, in Tulcea, where it had planned to build a mall.
Overview Of Works On Four EUR400M Shopping Centers In Bucharest
Shopping center developers continue investments in Bucharest, with intensive work recorded on three of the city’s construction sites, where cumulated investments are worth around EUR150 mill...
Gabriel Popoviciu Turns Over His Businesses’ Management To Young Executives. Who Are They?
Gabriel Popoviciu, one of the most powerful and also lowest-profile businessmen in Bucharest, turned over the operational management to young executives. Most of them are Romanians and make...
Gabriel Zbarcea: Law Firms Can No Longer See Spectacular Growth In Absence Of Success Fees
Lawyer Gabriel Zbarcea, managing partner of Tuca Zbarcea & Asociatii, says there can no longer be any spectacular increase in the revenue of law firms once a certain level is reached, in the...
The Map Of Bucharest’s Largest Empty Plots
The plot behind the Casa Radio and the plot on the Unirii Boulevard on which the future Esplanada city center should be developed, each stretching onto 10 hectares, are, by far, the largest...
Liberty Center Loses Marks & Spencer And Burger King As Tenants
Liberty Center, a shopping center in southern Bucharest, lost several tenants early this year, such as Marks & Spencer, Forever 18 and a Burger King restaurant that was closed.