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The 50 Largest Business Centers In Bucharest Accommodate Over 100,000 Employees
Real Estate

The 50 Largest Business Centers In Bucharest Accommodate Over 100,000 Employees

The past ten years have seen the construction of 50 large business centers and of office buildings covering 10,000 square meters each, where over 100,000 employees of the largest banks and c...

Cristi Moga · 23.01.2012 · 00:00 · 2 min
Plaza Centers Plans To Resume Works At Bucharest Project
Real Estate

Plaza Centers Plans To Resume Works At Bucharest Project

Real estate developer Plaza Centers, which signed a partnership with the Development Ministry to build a project on the site of the Casa Radio (Radio House) in 2006, could resume work on the...

Loredana Frățilă-Cristescu · 18.01.2012 · 20:52 · 1 min
Real Estate

Swan Office Owners Hope To Have It Rented 70% Within The Year

The owners of Swan offices in Pipera (northern Bucharest) invested EUR50 million in the project despite the ongoing crisis, which is only 15% occupied almost one year after completion.

Cristi Moga · 11.11.2011 · 00:00 · 2 min
Energy

German Wind Turbine Maker Nordex Expands Business In Romania

German wind turbine manufacturer Nordex on Monday said it will open an office in Romania, to seize the opportunities of the rising local market, after having received two orders.

Andrei Cîrchelan · 12.09.2011 · 14:27 · 1 min
Real Estate

CBRE: Bucharest Office Pre-Letting Makes Second Quarter Comeback

The pre-let office areas in Bucharest rose 118% year-on-year in the second quarter, after a long interval with no contracts, according to a study published Wednesday by realty consultants CB...

Andrei Cîrchelan · 17.08.2011 · 13:34 · 1 min
IBM Opens Office In Cluj, Continues Hiring
Technology &Telecoms

IBM Opens Office In Cluj, Continues Hiring

IBM Romania, the local subsidiary of world’s largest IT service provider, has opened an office in the Maestro Business Center building in Cluj and rented one more floor and a half in Global...

Adelina Mihai · 28.07.2011 · 00:00 · 1 min
Real Estate

Local Entrepreneurs Restart Investments In Office Buildings

A number of very low-profile Romanian businessmen, such as Dragos Dobrescu, Remus Capota and Radu Dimofte, have started once again to build office buildings in Bucharest, smaller buildings,...

Cristi Moga · 26.07.2011 · 00:00 · 2 min
Leases Up For Renegotiation In Bucharest Office Buildings
Real Estate

Leases Up For Renegotiation In Bucharest Office Buildings

Rental contracts signed in a number of Bucharest office projects, such as S-Park, Victoria Park, West Gate Park, Novo Park and Anchor Plaza, are set to expire next year, as most of the space...

Cristi Moga · 20.06.2011 · 00:00 · 1 min
Billionaire Tiriac Builds Business Center In Victory Square, Bucharest's Prime Office Area
Real Estate

Billionaire Tiriac Builds Business Center In Victory Square, Bucharest's Prime Office Area

Ion Alexandru Tiriac says there is still demand for office space and that he will start construction work of a 14-floor office building in Piata Victoriei square, at the northern end of the...

ZF English · 23.05.2011 · 00:14 · 2 min