Real Estate
Prefab Market Expects Recovery After Modest 2013
The concrete prefab market contracted by 4% last year in volume and by 6% in value amid the low demand for products used in infrastructure works, according to the representatives of research...
Apartment Prices In Romania’s Main Cities Rose In March For 3rd Straight Month
The average apartment price in Romania’s five main cities, including capital city Bucharest, rose in March for the third consecutive month, but, overall, the price is below the level registe...
Twenty Banks And Large Firms Occupy Nearly 360,000 Sqm Of Office Space In Bucharest
Twenty banks and large companies occupy around 360,000 square meters of office space in Romania's capital city Bucharest, where nearly 35,000 employees work. The spaces filled by these group...
Anholt Investment Pays EUR11M For 6,000-Ha Farmland In Romania
U.S. investment fund Anholt Investment is expanding into the Romanian agricultural sector by buying the Agraria Nord and Arland farms in Botosani County (northern Romania), which jointly hol...
U.S. Engineering&Construction Firm Epstein To Carry Out EUR40M Projects In Romania In 2014
American architecture, interiors, engineering & construction company Epstein plans to carry out projects worth around EUR40 million in Romania in 2014, similar with the value of projects dev...
A 31-Year Old Romanian Runs Sonae Sierra Operations In Algeria
Alin Mesea, 31, a graduate of the Academy of Economic Studies in Bucharest, was designated to run the Algerian operations of Portugal’s Sonae Sierra group at the end of 2013, after an almost...
Modern Retail Networks Hold Over 50 Ha Of Logistic Warehouses
The 12 modern retail networks operating in Romania use owned or long-term rented logistic warehouses with a total area of above 50 hectares, the equivalent of 50 large hypermarkets. Kaufland...
Roads Authority Signs Contracts To Build Two Sections Of Sebes–Turda Highway
Romania’s national roads authority CNADNR Thursday signed the contracts to build the third and fourth sections of the Sebes-Turda highway, which had been awarded in December 2013.
Romania Puts Ceausescu's Former State Residence Up For Sale
Romanian authorities will put up for sale the state residence of the late communist dictator Nicolae Ceausescu, citing its infrequent utilization to host official delegations and high mainte...