Real Estate
Farmexim Wants To Sell 26,000-Sqm Bucharest Platform For EUR16M
Ovidiu Buluc, owner of Farmexim group, put up for sale the land plot where the company operated in Bucharest after having relocated to Balotesti in January.
CFR Seeks To Upgrade 80 Km Of Railway For EUR1B
Romania’s state-owned railway company CFR seeks to upgrade 80 kilometers of railway in Arad county, western Romania, for an estimated EUR1 billion.
BRD Gets Additional RON320M Guarantees For First Home Loan Program
Romanian lender BRD Groupe Societe Generale has received a new guarantee ceiling of RON320 million from the guarantee fund for SMEs and may grant a total RON640 million in mortgage loans und...
Infrastructure Works Down Again In 2013 After Two Years of Slight Growth
Infrastructure works witnessed a new decline of almost 2% last year, as the government cut investments and EU funds for roads and railways were frozen in the first half. Furthermore, it is n...
Vodafone Romania Set To Consolidate Operations In Bucharest One Space
Mobile telephony operator Vodafone Romania will consolidate its Bucharest operations in an office tower developed by Greek businessman Ioannis Papalekas on Barbu Vacarescu street in the nort...
Construction Materials Producer Siceram Expects Growth, Doesn’t See Market Rebound
Construction materials producer Siceram Sighisoara posted some 60.3 million lei (EUR13.3 million) revenue in 2013, up about 3% on the previous year.
Leroy Merlin Romania Raises Share Capital By EUR10M, Likely To Invest In New Store
French group Adeo raised the share capital of DIY retailer Leroy Merlin Bricolaj Romania by EUR10 million in January and will most likely use the funds for a new store.
Bucharest Ranks 45th In Top 67 Most Expensive Global Office Space Markets
Bucharest fell by three positions, to 45, in the top of the world’s 67 most expensive office markets, although rents in the central zone rose slightly in 2013, according to real estate consu...
Strongest Real Estate Players In Romania, EUR315M In Revenue In 2013
Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, a...