Real Estate
Romania to Relaunch Tenders for Two Lots of Craiova-Pitesti Expressway
Romania's roads authority CNAIR will organize new tenders for the third and fourth lots of an expressway linking the cities of Craiova and Pitesti in southern Romania and hopes to contract t...
CBRE: Modern Retail Stock Delivered in 2018 up 28% on Year
Modern retail stock delivered in Romania in 2018 stood at 115,000 square metes, 28% more than in 2017, mostly in small and medium-sized retail parks, a report by real estate consultancy firm...
Artemis Group To Complete New Logistics Hall Near Timisoara In May 2019
Industrial Artemis Group, which owns five industrial parks near Timisoara (western Romania), will complete a new building of 7,500 square meters in May 2019, within one of its existing proje...
NEPI Rockcastle's Rental Revenue in CEE Grows 29% in 2018, to EUR346M
NEPI Rockcastle, the largest shopping mall owner in Romania, reported revenues from rents of EUR346 million in Central and Eastern Europe in 2018, up 29% on the year.
Cemacon Net Profit Grows 43% in 2018, to RON19M
Romanian brick maker Cemacon (CEON.RO), held by the Paval brothers, the owners of DIY retailer Dedeman, on Thursday said its net profit grew 43% in 2018, to RON19 million.
Impact Net Profit Declines 60% in 2018, to RON20.7M
Real estate developer Impact Developer & Contractor (IMP.RO) on Thursday reported a net profit of RON20.7 million in 2018, 60.4% lower compared with 2017.
German Fashion Retailer Kik Opens Second Store in Bucharest in Liberty Center
German fashion retailer Kik Textilien will be opening its second store in Bucharest at the end of the first quarter, in the Liberty Center shopping mall.
Prefab Posts 70% Growth in Net Profit in 2018, to RON2.2M
Construction materials manufacturer Prefab Bucuresti (PREH.RO) posted a growth of nearly 70% in net profit in 2018, to RON2.2 million from RON1.3 million in 2017, the company said Wednesday.
Wallberg Properties, With Over EUR18M Turnover In 2018, Targets Its First Realty Project In Bucharest
The group of real estate firms Wallberg Properties, held by Romanian entrepreneur Valentin Morar, ended 2018 with revenue of over EUR18 million, managing to successfully complete the deliver...