Real Estate
Opus Land To Invest EUR10M In Second Residential Project In Romania
Real estate developer Opus Land Development will invest EUR10 million in its second residential project in Romania, that will be located in Bucharest, on a 2,300 square meters plot of land,...
Kingfisher Posts Sales Of EUR19.4M In Romania In February-April
British DIY retailer Kingfisher had sales of GBP16 million (EUR19.36 million) in February-April, the first quarter of the 2014/2015 fiscal year, in the 15 stores it bought last year in Roman...
Bankers Sold RON500M Worth Of Mortgage Loans In April
The stock of leu loans banks granted to home buyers stood at more than 4.9 billion lei (EUR1.1 billion) at the end of April, up about half a billion lei on the previous month, according to c...
SIF Banat-Crisana Plans To Indirectly Acquire EUR6M Assets In Agricultural Sector
SIF Imobiliare (SIFI.RO), a firm registered in Cyprus and held by Romanian regional investment fund SIF Banat-Crisana (SIF1.RO), Wednesday said it set up the firm SIFI TM Agro to which it gr...
INS: Romania Housing Permits Up 5% On Month To 3,372 In April
Romanian housing permits rose 5.1% to 3,372 units in April, from 3,207 units a month earlier, the country’s statistics institute INS said Wednesday.
NEPI And Ovidiu Sandor Complete First Phase Of The Office In Cluj
Timisoara businessman Ovidiu Sandor, who developed and sold the City Business Center (CBC) business park in that city to property investment fund NEPI, has completed the first office buildin...
PAID’s Reinsurance Program Likely To Be Kept At Current Level Of EUR525M
The reinsurance program of Romania’s Pool of Insurance against Natural Disasters (PAID), which sells mandatory home insurance, might be kept at the current level of EUR525 million, Natalia M...
Romania To Pay Up To EUR333M To Finish Transylvania Highway Section
Romania’s roads authority CNADNR seeks a constructor to finish a half-built 60-kilometer section of the Transylvania Highway, left unfinished by U.S. builder Bechtel, and estimates to pay up...
Arcon Posts Turnover Of EUR38M, Profit Tops EUR2.2M In 2013
Romanian waterproofing and thermal insulation systems producer Arcon group posted a turnover of around EUR38 million in 2013 and its profit exceeded EUR2.2 million, the company owned by busi...