Real Estate
Small Farmland Plot Asking Price Reaches EUR4,000/Ha
The price of farmland put for up sale by owners of small plots of up to 30 hectares has reached EUR4,000/hectare on average, according to a ZF analysis based on 50 ‘for sale’ ads.
Arval, BNP Paribas Cardif And Venchi, First Tenants Of Office Building Project Ethos House
The office building project Ethos House, developed by Greek businessman Gkotsis Anastasios, will be completed on October 1, 2014 and companies Arval, BNP Paribas Cardif and Venchi are the fi...
Dedeman Wants To Open 13 More Stores, Three Of Which In 2014
Construction material and home deco retailer Dedeman plans to open 13 more stores in Romania, of which three will open this year.
Over 11,000 Guarantees Granted Under First Home Program In 1H 2014
Romania's national guarantee fund for SMEs has granted over 11,000 guarantees under the government-backed mortgage lending First Home program in the first half of the year.
Renault Wants To Bring All Its 2,000 Bucharest Employees To A Single Headquarters
French group Renault, which owns Dacia plant in Mioveni, but also has significant commercial and research-engineering operations in Romania's capital city, mulls consolidating its Bucharest...
Holcim: Some Buyers Want To Buy All Assets Up For Sale
The assets that the construction materials groups Lafarge and Holcim want to sell internationally to be able to merge have drawn the interest of 100 potential buyers and some of them want to...
Lafarge Ciment To Pay EUR10M As Dividends, 99% Of Last Year’s Profit
Cement producer Lafarge Ciment, the largest company of France’s Lafarge in Romania, will pay gross dividends totaling 44.09 million lei (approximately EUR10 million), representing over 99% o...
Starbucks To Open Its Tenth Coffee Shop In Romania, In Office Compound Novo Park
U.S. coffee shop chain Starbucks will be opening its tenth unit in Romania and the eighth in capital Bucharest in September, in Bucharest’s office compound Novo.
German Group VEKA Completes Gealan Takeover
German PVC profile maker VEKA has completed the takeover of its competitor Gealan, both f which have operations on the Romanian market, after receiving clearance from antitrust authorities.