Real Estate
Rockwool Starts Production in Romanian Factory
Danish Rockwool Group has started production in its new Romanian factory, near Ploiesti, following an investment of EUR50 million.
Government to Repeal Part of Controversial Tax Bill
Romania's liberal government will fast-track a bill to repeal several provisions of a controversial tax bill adopted by the previous social-democrat government, prime minister Ludovic Orban...
NEPI Rockcastle Completes 2nd Phase Of Modernization Of Shopping City Project In Buzau
NEPI Rockcastle, the largest real estate investor in Romania, has announced the completion of the second phase of extension and modernization of the Shopping City Buzau project, along with t...
Two Re/Max Real Estate Agencies Merge To Strengthen Bucharest Foothold
Adrian Alexandrov and Andrei Marinescu, the owners of some Re/Max real estate offices in capital Bucharest, have decided to merge the agencies into a single entity aimed at strengthening its...
Libra Internet Bank, Niro Investment Group Sign EUR24M Financing Agreement For Bucharest Hotel Project
Libra Internet Bank and Niro group of firms have announced the signing of a financing agreement worth EUR24 million for the development of a hotel project in Bucharest’s Expozitiei Boulevard...
CBRE To Manage One United Properties Projects in North Bucharest
Real estate consultancy company CBRE has been selected to provide property management services for the projects developed by One United Properties in northern Bucharest.
JLL: Modern Stock Of Real Estate Properties In Romania Tops 11 Million Sqm End-Sept 2019
The modern stock of commercial real estate properties in Romania – offices, industrial and retail space - exceeded 11 million square meters at the end of September 2019, after being delivere...
Dedeman Getting Ready for Store #50 in Zalau and #51 in Bucharest
Dedeman, the largest Romanian entrepreneurial business and the largest actor on the DIY retail market, will open store number 50 in Zalau at the end of December or early in January and the n...
Everseen Relocates to Iulius Town Office Compound in Timisoara
Everseen, an Irish tech company specializing in artificial intelligence, has leased 1,250 square meters in the UBC 1 office building in Iulius Town Timisoara for its first headquarters in Ro...