Real Estate
Casa Rusu To Open Six Furniture Stores By End-2015
Rus Savitar-Casa Rusu group, a business in the furniture industry, controlled by Rusu family of Timisoara, plans to open another six stores in the 2014-2015 period, lifting its network to 33...
Bucharest’s Bucur Obor Enters Mall Era
Bucur Obor, a precursor of today’s malls which opened more than 40 years ago in Bucharest, will undergo refurbishing works this year. The basement will host a discounter, while fashion store...
Petrom Still Wants To Sell Part Of Filling Stations
Romanian leading oil company OMV Petrom (SNP.RO) says that certain filling stations that do not meet the company’s standards in terms of sales volumes are likely to be sold, and, according t...
Construction Works On Prodplast Imobiliare's Planned Shopping Center Start Next Week
Construction works on the future Veranda Shopping Center, developed by Romanian businessman Florin Pogonaru through his firm Prodplast Imobiliare, are due to start next week.
Carrefour Opens Hypermarket In Vulcan Shopping Center In Bucharest
Carrefour Romania, a division of French retailer Carrefour, is opening its ninth hypermarket in Bucharest Thursday, in the Vulcan Value Centre shopping center.
UTI To Build Three Purging Stations In Mehedinti For EUR4M
UTI Grup has been awarded contract of RON17 million plus VAT (EUR3.9 million) to build three waste-water purging stations in Mehedinti county southwestern Romania, the company announced Wedn...
Housing Construction Up 4.3% On Year In January-June
Romanian housing construction rose 4.3% to 17,582 units in the first half from the year-earlier period, on rising investment in urban areas, the country’s statistics institute INS said Wedne...
Profi Leases 2,500 Sqm For Storage In Timisoara VGP Logistical Park
Retailer Profi, which currently owns 244 stores in Romania and targets 400 in the next years, has leased 2,500 square meters of storage space in the VGP logistical park in Timisoara, DTZ Ech...
Romanian Properties, Still Not On Strategic Real Estate Investors’ Map
Land plots, retail spaces, offices or logistic centers with a market value put at some EUR750 million changed their owners in the first 8 months of this year as 30 deals were clinched. Howev...