Real Estate
Impact Developer Seeks To Raise Up To EUR100M With Bond Issue On Bucharest Stock Exchange
Real estate developer Impact Developer & Contractor (IMP.RO), owned by businessman Gheorghe Iaciu, has summoned its shareholders on April 28, 2020 to approve a bond issue of maximum EUR100 m...
Czech Developer CTP Buys Equest Logistic Park Near Bucharest for EUR30M
Czech industrial property developer CTP has acquired Equest Logistic Park for approximately EUR30 million from Forum Serdika, real estate consultancy firm Cushman & Wakefield Echinox, which...
Wetterbest Opens RON45M Factory in Prahova County
Metallic roofing manufacturer Wetterbest, part of construction material manufacturer TeraPlast Group, on Wednesday opened a new factory in Baicoi, Prahova county.
Colliers: Bucharest's Service-Based Economy Relatively Shielded from Pandemic
Bucharest is among the service hubs in Europe most shielded from the negative effects of the coronavirus pandemic and its office market is expected to be less affected or recover more quickl...
Landmark Athenee Palace Hilton Bucharest Hotel Halts Activity First Time In 106 Years
Athenee Palace Hilton, one of the landmark hotels of capital city Bucharest, is suspending its activity 106 years since opening, as per an official announcement by Ana Hotels. The measure is...
Romania EU Funds Ministry Unveils EUR680M Support For Local Health System, Business Environment
Romania’s European Funds Minister Marcel Bolos announced a set of measures worth EUR680 million aimed at supporting the local health system and business environment, in the context of the co...
C&W Echinox Takes Over Management Of Bucharest-Based Office Building Mendeleev Office 5
Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for Mendeleev Office 5, an office building recently completed by Akcent Developm...
Antitrust Body Clears Sika's Acquisition of AdePlast
Romania's antitrust body said Monday it has cleared the acquisition of Romanian-held building materials manufacturer AdePlast by Swiss mortar and construction adhesive manufacturer Sika.
PwC Business Recovery Services Sells Land In Bucharest Of Bankrupt Firm Bel Rom Noua For EUR18.5M
PwC Business Recovery Services (BRS), the division of PwC Romania which provides insolvency and business restructuring services, has announced the completion of the sale of a nine-hectare la...