NEPI Rockcastle To Expand Promenada Mall, Add Office Building Next To It
Commercial property investor and developer NEPI Rockcastle returns to the office space race in the Floreasca Barbu Vacarescu area with the soon-to-begin expansion of the Promenada Mall and construction of the office building integrated into the shopping center.
NEPI got the necessary permits from the City Hall for the project that has been discussed since 2015. The investment, which will most likely amount to at least EUR50 million, will be completed at the end of next year or in 2020. The most spectacular thing about this project is that the expansion will include a seven-level deep underground parking lot, the deepest in Romania.
The expansion will add about 34,000 square meters of retail space to the already existing 40,000 square meters and the integrated office building will have a gross lettable area of up to 30,000 square meters.
Promenada Mall will thus grow to more than 70,000 square meters and the additional space will go to furniture retailers, a cinema and entertainment areas, as well as 2,000 parking spots for residents and employees. The initial delivery deadline had been set for 2018. (puterea.ro)
Satellite Crop Monitoring, A First In Romania
Satellite crop monitoring is a premiere on the Romanian agricultural market. Agribusiness group Rodbun announced in Vadeni (Braila County) the new service for farmers in Romania.
The satellite crop monitoring program, carried out in collaboration with a Romanian software company, is adapted to the reality in Romania. It allows the real-time monitoring of agricultural output, it makes easier administrators’ work and the rapid rehabilitation of crops and of lands, in case of problems.
Becali Sells His Best Players
FCSB makes important changes ahead of a new season. Gigi Becali told DigiSport that Budescu will be transferred to Al Shabab, under the leadership of Sumudica. Becali confirmed that Gnohere is on the verge of leaving FCSB.
“I got an offer of EUR2.5 million for him from Sumudica. (…) People said I will give EUR1 million per year, for three years. ’Well, if I get EUR3 million, I will go!’. Now, he must obtain the official endorsements and undergo the medical examination. That’s what I know. He only has to sign”, sadi Becali, la DigiSport.
After Gaman and Budescu have been sold to Sumudica’s team, and Alibec is no longer part of the team’s plans, FCSB is close to saying goodbye to Gnohere. (puterea.ro)
Special Committee Adds New Amendments To Judicial Bills, Delays Debate On Abuse Of Office
The parliamentary committee tasked with reforming Romania’s judicial laws has added a number of amendments to the Criminal Code on Thursday, but delayed the debate on a new legal definition for the offense of abuse of office.
The commission voted for the new code to specify that, in cases where the law changed during criminal proceedings, judges will only take into account the most favorable version of the law, without combining provisions from different versions.
This principle assures the fact that, if the law based on which a suspect is prosecuted changes between the time the infraction was committed and up until the final sentence is handed out, the suspect will be judged based on the most lenient variant of the law in question.
Another amendment introduced in the bill specified that individuals sentenced to less than 10 years of prison can be released on parole if they serve half of their sentence, while convicts over the age of 60 can be released if they served a third of the sentence.
However, the controversial topic of modifying the legal definition of abuse of office was scheduled for future debates, with committee chair Florin Iordache stating that this particular provision “was not a priority”.