Real Estate
Spanish Developer And Romanian Businessman Invest EUR5M In Residential Project In Bucharest
A Spanish developer in association with a Romanian businessman will invest EUR5 million in a residential project of 56 apartments in the Popa Nan area in Bucharest.
Lafarge Cement Sales In Romania Up 2% In 2014
French construction materials manufacturer Lafarge had a 2% growth in cement sales in Romania last year, as the residential sector started recovering and counterbalanced the decline in infra...
TMK-Artrom Profit Up Fourfold To RON41.6M In 2014
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, reported a net profit of 41.6 million lei (EUR9.3 million) in 2014, up fourfold from RON11.8 million a year...
ArcelorMittal Galati To Open Pre-Painted Products Line Next Year
ArcelorMittal Galati, the Romanian unit of the world’s largest steelmaker ArcelorMittal, will open next year a pre-painted products line for roofing, drainage systems, sandwich panels, indus...
Globalworth’s Real Estate Portfolio In Romania Worth EUR600M End-2014
Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, had a real estate portfolio of nearly EUR600 million in Romania, at the end of 2014, excluding the bui...
Cemacon 2014 Turnover Up 31% To RON63.1M
Romanian brick maker Cemacon (CEON.RO) reported a turnover of RON63.1 million in 2014, up 31% from RON48.3 million a year earlier, the company said Monday.
Immofinanz Signed New Leases And Extended Leases For 11,000 Sqm In Iride Business Park
Austrian group Immofinanz has signed new leases and extended existing leases for a total of 11,000 square meters of office space in Iride Business Park in northern Bucharest.
Opus Land Sells 32 Homes In Cosmopolis Compound For EUR1M
Turkish-owned real estate developer Opus Land sold 32 homes in the Cosmopolis residential project in Stefanesti to an investor, within a transaction worth nearly EUR1 million, Coldwell Banke...
BCR Expects To Give 7,500 First Home Loans On RON490M Guarantee Cap
BCR, Romania's largest bank by assets, has been assigned a guarantee cap of RON490 million for the First Home program and estimates it will grant over 7,500 mortgage loans under the program,...