DEVELOPMENT
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Western Romania Developed With Infrastructure Investments, While Govt Overlooked Moldavia
The government’s investments in the road infrastructure in Transylvania and Banat allowed the area to attract investors and develop exports, while Moldavia was ignored. Ziarul Financiar pres...
Profi Heading Towards EUR500M Revenue
Supermarket chain Profi held by Polish private equity firm Enterprise Investors will hire about 1,100 people this year, following expansion by as much as 100 stores in 2015 alone. Under the...
Constanta Harbor Can Rival Marseille, Depends On Eastern Europe’s Economy
The annual traffic in Constanta Harbor, Romania’s largest, is six million tons below the 1989 level and has yet to match the 2008 level, the peak of the past twenty-five years. The traffic v...
Metro Systems Romania To Boost Employee Numbers By 10% In 2015
Metro Systems Romania, the company established ten years ago that is now managing the entire IT infrastructure of the German Metro group, plans to boost the number of employees by 10% this y...
Impact Builds Nine Apartment Buildings In Baneasa, Wants To Start Work On Nine More
Impact Developer & Contractor (IMP.RO), a real estate company controlled by businessman Gheorghe Iaciu, has built nine five-story apartment buildings in the Greenfield residential complex in...
Celeritas Translations Grup Develops Apartment Building In Downtown Bucharest
A developer controlled by communications company Radcom will complete a 35-apartment building on Polona Street in downtown Bucharest next May, for which it got a EUR2.27 million loan from In...
Greek Investor Close To Completing Ethos House Office Building
Greek businessman Gkotsis Anastasios will complete a new office space development, Ethos House, on Calea Floreasca (which connects central to northern Bucharest) next month.
NEPI Invested EUR500M In Malls In Five Years
South African-held commercial property company NEPI has become the largest owner of shopping centers in Romania and now owns about 350,000 square meters of lettable space, according to a ZF...
Lack Of High Standard Infrastructure Hinders Romania’s Sustainable Development
The lack of up-to-standard transport infrastructure hinders Romania's speedier and sustainable development and affects the flexibility of the workforce, consequently impacting people's incom...