Real Estate
Deal Of The Year In Real Estate: NEPI Pays EUR81M For City Park Mall In Constanta
South-African investment fund NEPI Tuesday concluded this year’s biggest transaction on the Bucharest real estate market, paying EUR81 million for shopping mall City Park in southeastern cit...
AdePlast Targets Investment Projects In Saudi Arabia And Kuwait
Romanian building materials producer AdePlast expects to obtain state aid needed to build its tenth factory in Romania and targets investment projects in Saudi Arabia and Kuwait.
Over 27,000 Companies In Romania Went Insolvent In 2013, 50% In Retail And Construction
The number of companies that entered insolvency in Romania in January-November reached 27,119, 9% more than in the same period last year, and half of them operated in retail and construction...
Insolvent Residential Development Alia Apartments Sells Homes For EUR11.2M
The judicial administrator of residential development Alia Apartments in Bucharest, insolvent since last year, sold apartments for EUR11.2 million at an average price of EUR228,500 per apart...
Survey: Housing Price Decline In Romania Slowed Down In 3Q/2013
The decline in housing prices in Romania slowed down to 7.15% in the third quarter of 2013 and the local housing market witnessed the fifth biggest decline in Europe in the first nine months...
Cloud Research Studio Rents Office Building In Bucharest
IT&C company Cloud Research Studio (CRS) rented an entire office building of 1,300 square meter sin central-northern Bucharest, a deal brokered by ESOP Consulting.
ArcelorMittal Tubular Products Might Raise Capital By RON84.6M
Shareholders of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will convene on January 16 to discuss raising the company’s capital by RON84.6 million, from RON6.5 m...
H&M Reopens Expanded Store In AFI Palace Cotroceni Saturday
Swedish fashion retailer H&M reopens Saturday its biggest store in Romania in the AFI Palace Cotroceni shopping center in Bucharest, after expanding it by 800 square meters.
Romanian Brands Become Market Leaders In Less Than 20 Years
Romanian brands such as Mobexpert, Altex and AdePlast have managed to become no. 1 on their respective markets and boast turnovers of hundreds of millions of euros, although they were built...