Real Estate
Arena Residential In Iasi On Sale For EUR6.4M
Residential compound Arena Residential in Iasi, northeastern Romania, has been put up for sale at a starting price of EUR6.4 million.
Iaciu Buys Just 0.6% In Impact Via Takeover Bid
Romanian entrepreneur Gheorghe Iaciu has purchased just 0.61% in realtor Impact Developer&Contractor (IMP.RO) via a takeover bid that targeted 62% of the company’s shares, exchange data show...
Bucharest’s Residential Compound Ibiza Sol May Be Put Up For Sale For EUR33.3M
Creditors approved the reorganization plan of residential compound Ibiza Sol, which states two action plans, including selling the complex for EUR33.3 million, firm Euro Insol, the court-app...
Coilprofil Targets 15% Higher Sales In 2013, To Some EUR10M
Metallic tile producer Coilprofil, part of Belgium’s Coilprofil group, estimates a 12% to 15% increase in sales in 2013, up to nearly EUR10 million.
Strabag Expects Lower Turnover In Romania In 2013
Austrian group Strabag expects its turnover in Romania to drop to about EUR300 million this year, from EUR350 million in 2012, due to a decrease in the number of large projects available on...
Raiffeisen evolution Plans To Buy Land In Bucharest For More Office Projects
Austrian company Raiffeisen evolution is considering buying more land in Bucharest to develop medium-sized office buildings.
AdePlast IPO Ends Unsuccessfully
The initial public offering of 33% in Romanian building materials producer AdePlast has ended unsuccessfully as investors subscribed less than 70% of the shares available for sale, the broke...
The EUR2B Investments That Changed The Face Of Bucharest
The opening of the Promenada mall in northern Bucharest scheduled for Thursday marks the completion of a EUR300 million investment in the Floreasca City development, one of the largest in Bu...
Centric IT Solutions Romania Extends Rented Area In United Business Center
Centric IT Solutions Romania, the local division of Dutch software solutions provider Centric IT Solutions, has extended by another 1,200 square meters the office space rented out in United...