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DTZ Echinox: SII Romania Moves To AFI Park 4&5
Real Estate

DTZ Echinox: SII Romania Moves To AFI Park 4&5

SII Romania, a company specialized in new technologies, integrated computer systems and engineering, has leased an office space of 1,500 square meters in office buildings AFI Park 4 and 5, w...

Ecaterina Craciun · 18.04.2016 · 13:59 · 1 min
Kaufland Set To Buy 20 To 25 Plots Of Land In Romania
Real Estate

Kaufland Set To Buy 20 To 25 Plots Of Land In Romania

German-held Kaufland, the local modern retail sector leader by revenue is in talks over 20 to 25 plots of land in Romania, market sources told ZF.

Loredana Frățilă-Cristescu · 15.04.2016 · 00:00 · 1 min
ESOP: Over 1,600 Apartments Under Construction In Orhideea-Politehnica Area
Real Estate

ESOP: Over 1,600 Apartments Under Construction In Orhideea-Politehnica Area

More than 1,600 apartments are under construction in the Orhideea-Politehnica area, in central-western Bucharest, after works on several office projects have been started in the area.

Ecaterina Craciun · 14.04.2016 · 18:48 · 1 min
Parliament Adopts Law On Debt Discharge
Real Estate

Parliament Adopts Law On Debt Discharge

The Romanian Chamber of Deputies has adopted the law on debt discharge on Wednesday, with 207 pros, one con and one abstention.

Gabriela Stan · 13.04.2016 · 13:51 · 1 min
BCR Leases Office Space In Business Park The Bridge
Real Estate

BCR Leases Office Space In Business Park The Bridge

Banca Comerciala Romana (BCR), Romania’s largest lender by assets, signed a lease contract with real estate developer Forte Partners, in early April, for office space in business park The Br...

Ecaterina Craciun · 13.04.2016 · 13:40 · 1 min
OTZ Leases 15,000 Sqm In New Warehouse In CTPark Bucharest West
Real Estate

OTZ Leases 15,000 Sqm In New Warehouse In CTPark Bucharest West

International investor and developer CTP is starting the construction of a new warehouse of 30,000 square meters, in CTPark Bucharest West, of which 15,000 sqm have been let to logistics com...

Ecaterina Craciun · 13.04.2016 · 12:59 · 1 min
Veranda To Invest EUR2M In Obor Area Infrastructure
Retail&Consumer

Veranda To Invest EUR2M In Obor Area Infrastructure

Veranda Shopping Center, developed by Prodplast Imobiliare in Bucharest, will invest EUR2 million in infrastructure works in Obor area, where the mall is located, the company said in a state...

Gabriela Stan · 12.04.2016 · 13:50 · 1 min
AdePlast Turnover Up Over 10% In January-March
Real Estate

AdePlast Turnover Up Over 10% In January-March

Romanian building materials producer AdePlast, owned by businessman Marcel Barbut, reported an over 10% turnover growth in the first quarter of 2016, the company said in a statement on Tuesd...

Gabriela Stan · 12.04.2016 · 12:26 · 1 min
Law On Debt Discharge Brings No Solution To Vulnerable Social Groups - Study
Banks-Insurance

Law On Debt Discharge Brings No Solution To Vulnerable Social Groups - Study

The current version of the law on debt discharge brings no alternative for vulnerable social groups whose dwelling conditions could by highly affected, according to a study by Public Policie...

Gabriela Stan · 07.04.2016 · 17:54 · 1 min