TIMISOARA
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Iulius Malls In Timisoara And Cluj Most Profitable In Iulius Network In 2014
The five malls businessman Iulian Dascalu owns in Romania generated about 250 million lei (EUR56 million) revenue last year. The most profitable of them were the Iulius Malls in Timisoara an...
Timisoara To Get Three New Malls In Three Years
Three shopping centers totaling more than 150,000 square meters will be built in Timisoara over the next three years, following more than EUR200 million investments, according to ZF estimate...
EUR80M Investment In Shopping Center, Office Building In Timisoara
Alpha Group Investments Ltd, the investment division of Alpha Bank, and TBE Business Solutions will invest EUR80 million in a shopping center and an office building spreading on 60,000 squar...
Altex Opens EUR5.4M Store In Timisoara
Electronics retailer Altex is opening its largest store on Thursday in Timisoara, following EUR5.4 million investments, the company said in a statement.
Timisoara Airport Gets EUR2M Loan From Bancpost For Working Capital
Bancpost has granted the Timisoara Airport a line of credit of EUR2 million for a three-year period, to finance working capital, the bank said Wednesday.
Franke Owner Invested EUR16M In Land Near Timisoara To Sell It To Industrial Investors
Swiss billionaire Michael Pieper, owner of the kitchen appliance manufacturer Franke, has invested about EUR16 million in land near Timisoara in the last seven years, where he plans to attra...
Kimball Electronics To Open Unit In Timisoara
US company Kimball Electronics, provider of electronics for the medical, automotive, and industrial sectors, will open a unit in western Romanian city of Timisoara, its second in Europe besi...
Timisoara Airport Reports Nearly 5% Higher Traffic For 2014, To More Than 735,000 Passengers
The Traian Vuia international airport in Timisoara, western Romania, registered a 4.8% higher traffic on the year in 2014, to 735,469 passengers, in ratio with 10,293 flights, 1,000 fewer co...
Bega Turism Targets 20% Higher Revenue In 2015; Set To Open Spa Center In Timisoara Hotel
Businessman Marius Cristescu, who controls, together with his brother, Emil Cristescu, Bega Turism company, the largest tourism company in Timis county, managing three hotels in this area, s...