DEVELOPMENT
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Angst Group Set to Continue Retail Development in Romania
Angst group, one the largest meat processors in Romania, has three small specialist stores under its own brand operational at the moment and plans to continue development.
Uneven Residential Development in Romania’s Biggest Cities in 2020
The residential development of Romania’s top cities is uneven, as the latest publicly available information from the National Statistics Institute show.
Bog’Art and Mobexpert Buy Two Plots Next to Petrom City
Builder Bog’Art via its development company Art Property and furniture maker Mobexpert bought two plots next to OMV Petrom’s Petrom City site in northern Bucharest in a EUR20 million deal, r...
Asbis: There Is a Lot of Room for Growth on Romania’s Computer and Electronics Market
There is a lot of room for growth on Romania’s computer and electronics market because some brands are not sold in this country even though they are internationally famous, says Alexandru St...
CTP Plans to Go Beyond 2 million Sqm of Logistics Space in Romania in 2021
CTP, the largest developer and long-term manager of industrial and logistics parks in Romania and Central and Eastern Europe, has decided to speed up construction plans started this year.
Element Industrial Sees Logistics Market Potential at Another 2.5M-3M Sqm
The logistics and industrial space market has a potential for another 2.5 million to 3 million square meters over the next economic cycle, says Andrei Jerca, managing director of developer E...
Amazon Development Center Revenue Rises 40% to RON443M in 2020
Amazon Development Center, part of US-held Amazon, the largest online retailer in the world, with offices in Bucharest, Iasi and Timisoara, ended 2020 with more than RON443 million (some EUR...
Online Retailer evoMAG Seeks to Raise EUR2M to EUR5M Capital in 2021, CEO Says
Online retailer evoMAG, one of the main computer and electronics retailers in Romania, plans to raise EUR2 million to EUR5 million in capital this year to be able to fuel a faster paced grow...
Developer Portland Trust Set to Invest in Solar Parks in Romania
Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park portfolio in the country and the first 131 MW project in Arges...