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BUILDINGS

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EC To Co-Finance Building Thermal Rehab, Homeowners Must Contribute At Least 10%
Real Estate

EC To Co-Finance Building Thermal Rehab, Homeowners Must Contribute At Least 10%

The European Commission will co-finance Romanian building thermal rehabilitation projects provided the program includes apartment blocks accommodating disadvantaged people and families on lo...

Ioana Tudor · 19.09.2012 · 16:33 · 1 min
Development Ministry To Demolish About 100 Illegal Buildings In Tourist Resorts
Real Estate

Development Ministry To Demolish About 100 Illegal Buildings In Tourist Resorts

The Romanian Regional Development Ministry will demolish about 100 illegal buildings in tourist resorts, most of them located on the Black Sea coast, and building owners will cover demolishi...

Ioana Tudor · 03.01.2012 · 13:31 · 1 min
Real Estate

EXCLUSIVE: Romanian Govt Switches Two Party HQs To Private State Domain In View Of Sale

Romania’s Government will transfer the Bucharest headquarters of the ruling Democratic Liberal Party and the Hungarian minority party UDMR from the public to the private domain of the state,...

Oana Gavrila · 18.11.2011 · 12:37 · 1 min
Romania To Auction Off 733 Government-Owned Buildings
Real Estate

Romania To Auction Off 733 Government-Owned Buildings

Romania's Government has cleared RA-APPS, the administrator of residences and other buildings used by public institutions, to sell 733 out of a total 1,100 buildings it manages, in public au...

Oana Gavrila · 17.11.2011 · 11:22 · 2 min
Real Estate

Property Taxes For Companies To Rise To 40% Of Value Unless Owners Reevaluate Buildings

Romanian companies will pay 20% of the inventory value of buildings they own if the buildings have not been reevaluated in the past three years, and the tax rises to 40% buildings have not b...

Oana Gavrila · 08.09.2011 · 14:40 · 1 min
Social/Politics

Ialomitianu: Taxpayers Failing To Reevaluate Buildings To Be Penalized

Romanian taxpayers will be penalized if they don't reevaluate buildings they own to determine their real value, hoping to avoid paying full taxes , Finance Minister Gheorghe Ialomitianu told...

Ioana Tudor · 01.09.2011 · 13:20 · 1 min
Social/Politics

Senators Reject Bill On Building Rehabilitation

The Romanian Senate on Wednesday rejected a bill on the rehabilitation of buildings, put forward by the Ministry of Regional Development and Tourism.

Ioana Tudor · 18.05.2011 · 14:19 · 1 min