TIMISOARA
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IKEA: Construction of Timisoara Store Will Take One Year
Sweden’s IKEA says the development of the store it is building near Timisoara will take 12 months, with variations depending on field work conditions.
Dedeman in Talks to Buy Land Next to Ikea in Timisoara
The Paval brothers, owners of DIY retailer Dedeman, are in talks to buy land from businessman Ion Tiriac next to where the new Ikea is set to be in Timisoara and could pay EUR15 million for...
Poland’s Scallier Buys Prima Shops in Timisoara
Polish-held developer Scallier, which arrived in Romania via retail park chain FunShop Park last year, has acquired Prima Shops project built by Oasis Retail Development & Consulting in Timi...
Largest Bicycle Plant in Romania to Be Completed This Fall
The largest bicycle plant in Romania, developed by Sport Mechanical Workshop in Timisoara, will be completed this fall and assemble up to 1.5 million bicycles a year. The only customer of th...
Timisoara Climbs Among Top Ten Destinations From Bucharest’s Henri Coanda Airport
London, Vienna and Paris were the top destinations for passengers flying from the Henri Coanda (Otopeni) Airport last year, airport website data show.
Carturesti Opens Bookstore in Timisoara
Bookstore chain Carturesti, owned by Nicoleta Dumitru and Serban Radu, has opened a new unit in downtown Timisoara, western Romania, reaching a total of 37 bookstores in Romania.
Cluj And Timisoara Attracted 10% Of Office Space Rentals In 2019
The new office space projects in Cluj and Timisoara have attracted new companies to regional markets, as the labor market is becoming increasingly competitive.
Alpha Bank Sells Mall Plot in Timisoara
Timisoara Centrum, a mall project valued at EUR90 million and announced by Alpha Group Investments and Ali Ergun Ergen in the spring of 2016, was canceled and Alpha Bank sold the 60,000 squa...
Mulberry Development Starts Work on Radisson Blu Hotel in Timisoara
Mulberry Development, owned by local entrepreneur Ovidiu Sandor, has secured a building permit and will start work on a Radisson Blu hotel in the ISHO mixed-use development in Timisoara, wes...