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Future Nordis Brasov Hotel Valued at Over EUR40M by Horwath HTL
Hotel consultancy and valuation company Horwath HTL has valued the Nordis Brasov project and estimates a market value of more than EUR40 million after the hotel opens in November 2023
New Double Tree by Hilton Hotel to Open in Brasov in 2023
A new hotel of the Double Tree chain will open in Brasov in 2023. The hotel will have a capacity of 150 rooms and require EUR21 million investment, Mircea Draghici, managing director of ESH...
DIY Retailers Bet on Brasov with at Least Four More Stores in Coming Period
Dedeman, Leroy Merlin, MAM Bricolaj, Brick Romania are just a few of the DIY retailers to announce they’ve put Brasov on their expansion list for the coming period.
Nordis Group Invests EUR31M in Five-Star Hotel and Luxury Apartments in Brasov
Nordis Group, a local real estate developer specialized on luxury properties, announced it is investing EUR31 million in a mixed-use project totaling 14,000 square meters in Brasov, central...
Romanian Cities Of Brasov And Cluj See EUR65M Real Estate Deals In 2020
The total value of properties transacted in 2020 by real estate agency Blitz amounted to EUR65 million in the Romanian cities of Brasov and Cluj, and over 30% of transactions were carried ou...
Schaeffler Expects 10% Drop in Revenue for Its Plant Near Brasov in H1
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, expects 10% decline in revenue in the second half compared with the year-ago period, due to the decline in orders from...
Real Estate Developer Ceetrus Invests EUR60,000 In Education Center In Brasov
Real estate developer Ceetrus has invested EUR60,000 in an education center located in Coresi district, in central city of Brasov. The space covers 100 square meters and is located in the vi...
Brasov Invests RON64.5M In Business Center, Technology Transfer And Business Incubator
Brasov City Hall has completed an investment of approximately RON64.5 million (EUR13.6 million) in a business center, technology transfer and business incubator, located in Bartolomeu Nord d...
Regina Maria Invests EUR600,000 in Third Clinic in Brasov
Regina Maria, the second largest player on the Romanian private medical services market, has opened its third medical center in Brasov, central Romania, following an investment of over EUR60...