Real Estate
TeraPlast Group Turnover Doubles in 1H/2018, to RON338M
TeraPlast Group, one of the main players in the construction industry, said Tuesday its turnover doubled in the first half of the year to RON338 million, from RON172 million in the same peri...
NYX Professional Makeup To Open Its First Store In W Romania, Reaches Five Units Locally
U.S. cosmetics brand NYX Professional Makeup will be opening its first store in western Romania, in the city of Timisoara, this fall, reaching five units in Romania. NYX has so far opened st...
Orbis Hotel Group to Open First Ibis Hotel in Timisoara in 2020
Orbis Hotel Group, the largest hotel operator in Eastern Europe and a strategic partner of AccorHotels, is expanding its Romanian network and will open the first Ibis hotel in Timisoara, wes...
Inditex Opens Zara Home and Oysho Stores in Timisoara, Western Romania
Spanish group Inditex will open the first Zara Home and Oysho stores in Timisoara, western Romania, in the Openville project, and the group's five stores in the local Iulius Mall shopping ce...
Dedeman Gets Antitrust Clearance to Buy Cemacon
The takeover of brick manufacturer Cemacon and its real estate division Cemacon Real Estate SRL by Dedeman and PIF Industrial, companies that are part of the same group, has received antitru...
Ploiesti Shopping City Invests EUR1M in Food Court Remodel
Ploiesti Shopping City, developed by Carrefour Property Romania and NEPI Rockcastle, will invest EUR1 million to remodel its food court area, which will get five new tenants.
Colliers: Real Estate Investments Up 18% To Over EUR400M In 1H/2018, Most Of Which In Bucharest
The volume of real estate investments increased 18% year-on-year in the first half of 2018, to nearly EUR400 million, with the bulk of projects being concentrated in capital Bucharest, accor...
CBRE: Outsourced Project Management Services Market Seen Growing Over 20%
The development of the local real estate market and demand from companies renting offices have fueled the project management services market and real estate consultants estimate the market w...
DB Schenker Relocates Timisoara Offices
DB Schenker, the logistics division of German giant Deutsche Bahn, has relocate dits office sin Timisoara, western Romania, to the AGN Business Centre, a class A building completed in 2009.