BUILDING
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INS: Romania Building Permits Down 8.6% YoY In May 2022
Romanian authorities issued 4,257 residential building permits in May 2022, 7.6% more than in April 2022 and 8.6% fewer than in May 2021, data from the country’s statistics board INS showed...
INS: Romania Building Permits Down 15.5% YoY In April 2022
Romanian authorities issued 3,956 residential building permits in April 2022, 9.9% fewer than in March 2022 and 15.5% fewer than in April 2021, data from the country’s statistics board INS s...
Continental Romania Invests EUR8M in New Building in Iasi
Continental Romania, the largest automotive component manufacturer in the country, is investing EUR8 million in a new building in Iasi, which includes the engineering center, test laboratori...
Drywall Products Maker Etex Building Performance Revenue Up to RON145M in H1
Drywall products maker Etex Building Performance (Siniat Romania), part of the Etex Group, posted RON145 milion revenue in the first half, an increase of almost 10% on the year-ago period, a...
NEPI Rockcastle Resumes Expansion Plans in Romania
NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has resumed expansion in Romania in Bucharest and in Craiova.
Construction Permits for Apartment Buildings Tripled in a Decade
The number of construction permits issued for apartment buildings every year has tripled in the past decade, while the number of construction permits for houses fell by 4%, the data centrali...
Bogdan Dragomir Buys Residential Building in Bucharest for EUR2M
Bogdan Dragomir has bought an apartment building near Herastrau Park in Bucharest for EUR2 million from Alexandrion, the largest local spirits producer.
Bucharest Heritage Buildings Become Attractive to Real Estate Investors
Investors are starting to buy the major heritage buildings in the center of the old Bucharest, built in the 19th and early 20th century, seismically retrofit them and turn them into office o...
MedCity Opens Building Under Medical Mall Concept, In Constanta
MedCity, part of Greek Seenergia Group, has inaugurated a building under the Medical Mall concept, in Constanta. This is the ninth project on the Romanian market, besides the projects in Buc...