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Astaldi Plans To Develop Office Building In Bucharest
Italian group Astaldi, which built the Basarab overpass in Bucharest, holds a 1,400 square-meter plot on Bucharest’s Razoare Street, just one kilometer away from the overpass, where it plans...
Real Estate Market Shows Revival Signs After Two Years
A large construction site stands in Floreasca, where the tallest building in Bucharest is being constructed; another site, next to the Polytechnic University, will host an office building. S...
Dinu Patriciu Says Banks Deny Funding For Mic.ro Expansion
Romanian business Dinu Patriciu on Wednesday said he will invest EUR100 million more of his own funds to develop the retail networks Mic.ro, Macro and miniMax, since banks are not willing to...
Optimism Returns To Construction Market
Construction company Danya Cebus Rom, part of Israeli group Africa Israel Investments, posted around EUR12 million in turnover in the first six months of the year, slightly more than in the...
Today It’s Cheaper To Buy A Bank Than To Grow Organically - OTP Boss
It has become cheaper for a banking group looking to consolidate its presence on the market to buy a bank rather than invest in organic growth, says Laszlo Diosi, head of OTP Bank, the domes...