Real Estate
Petrom City Builder Sells EUR7M Worth Of Assets After Going Insolvent
Casa de Insolventa Transilvania, the judicial administrator of builder Alpine SA, put up for sale assets with a starting price of EUR7 million of the Austrian-held company, which is under in...
Galleria Arad And Piatra Neamt Shopping Malls Valued At EUR8M In 2014
Shopping malls Galleria Arad and Piatra Neamt, owned by real estate developer GTC, are valued at EUR8 million, from EUR35 million in 2013, based on the assets purchase offers, while office c...
Immofinanz Mulls Buying 29% Stake In CA Immo For EUR530M
Austrian real estate developer Immofinanz, with real estate assets exceeding EUR950 million in Romania, wants to enter the shareholders structure of Austria's CA Immo, also present in Romani...
Austria’s Strabag Set To Erect First 2 Office Buildings Of Bucharest Oregon Park Project
Austria’s Strabag, which has become the biggest player on Romania’s construction market, will raise the first two buildings of office project Oregon Park of northern Bucharest, an investment...
Dedeman Targets 8% Revenue Growth To EUR830M In 2015
Dedeman, the biggest Romanian-held do-it-yourself retailer, reported revenue of EUR767 million in 2014, up 26% on the year, and Dragos Paval, the company’s president and majority stakeholder...
Snack Attack Founder And Fratelli Owners To Open Cafeteria In Bucharest Business Park
Local entrepreneur Florin Balu, founder of the Snack Attack restaurant chain sold to private equity firm Global Eye Investment in 2012, has invested about EUR100,000 together with Fratelli o...
Plaza Centers Sells 46,000 Sqm Land In Iasi To Dedeman, Lidl
Real estate developer Plaza Centers is negotiating with DIY retailer Dedeman and discount retailer Lidl the sale of a plot of land of 46,000 square meters in Iasi county, northeastern Romani...
Cemacon Reschedules EUR33M BCR Loan Payoff
Brick manufacturer Cemacon has signed a n agreement with lender BCR to restructure a EUR33 million loan, the company announced Friday.
Copaescu, Ponderas: We Did Not Think We’d Need A Double Area In Four Years
The Romanian stakeholders of Bucharest’s Ponderas hospital, specialized in weight loss surgery, invested EUR4 million (RON18 million) in relocation to a new space, with a double capacity.