Real Estate
Militari Shopping Center's 9-Month Net Rental Income Up 2.7% On Year To EUR5M
Property firm Atrium European Real Estate said Wednesday its net rental income from the Militari Shopping Center in Bucharest increased 2.7% to EUR5.05 million in the first nine months of 20...
GTC Sells Shopping Mall Galleria Suceava For EUR800
Israeli-owned real estate developer Globe Trade Center (GTC), which developed a network of four shopping centers in Romania under the Galleria brand, sold its mall in the northeastern city o...
Dairy Executive Turns Construction Supplies Producer Around
The shift from running dairy producer Albalact to PVC profile manufacturer Teraplast Bistrita was quite tough, Traian Simion, the latter’s general manager said in an interview for the “Who’s...
Mega Image Takes Up Six Hectares Of Retail Space In Bucharest
Belgian-held supermarket chain Mega Image, which has 210 stores in Bucharest covering 60,000 square meters of space, has become the biggest tenant on the ground floor of apartment buildings,...
Adama: We Don’t Start A Project Unless We Get Profit Of At Least 10% Per Year
What are the new profits that can be made in the residential sector? Business Construct magazine sought an answer to this question by talking to the developer, the constructor and the projec...
Holcim To Return To Profit Despite Slight Turnover Decline
Cement producer Holcim Romania, the local subsidiary of Swiss group Holcim, will return to profit this year after last year it posted losses for the first time in more than a decade, of arou...
Prefab 9-Month Turnover Up 10% On Year To RON55M
Romanian building materials maker Prefab (PREH.RO) Tuesday reported turnover of 55 million lei (EUR12.5 million) for the first nine months of 2013, up 10% from RON50 million in the similar i...
Bucharest’s Five-Star Hotels Can Accommodate 1,500 Guests For New Year’s Eve Parties
Bucharest’s five-star hotels want to accommodate over 1,500 guests in their restaurants and event halls for the New Year’s Eve party. Prices start from 200 lei (EUR45) per person and can rea...
Electrocarbon Turnover Down 24% On Year To RON102M In January-September
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) registered turnover of 101.7 million lei (EUR23 million) in the first nine months of 2013, down 24% from RON134.1 million...