Real Estate
Immochan Romania Appoints Former Sonae Sierra Manager As CFO
Immochan, the real estate division of French group Auchan, has appointed Miguel Trindade, former manager of real estate developer Sonae Sierra Romania, for its chief financial officer.
Cemacon Seeks to Sell Its Old Factory In Zalau And 6 Ha Land For EUR7-8M
Romanian brick maker Cemacon (CEON.RO) wants to raise EUR7-8 million by selling the industrial platform it owns in the center of the town of Zalau, northwestern Romania, which includes its o...
Insolvent Romstrade Downsizes Staff To 100 Employees From 930 In December 2012
Romstrade, once one of the largest construction firms in Romania, has downsized its staff to below 100 employees after entering insolvency a year ago.
New Apartment Rent Offers In Bucharest Up 14% On Year In September
The number of new apartment rent offers in Romania's capital city Bucharest rose 14% on the year in September, but rents were kept at levels similar to 2012, according to website anunturipar...
DTZ: Sales Of Office, Retail Space, Land Reach EUR250M In January-September
Real estate deals involving office space, retail space, and land stood at some EUR250 million in January-September, similar to the same period last year, but acquisition decisions were firme...
Number Of Real Estate Deals Up 17.5% In January-August
The number of real estate deals in Romania increased 17.5% in January-August 2013 from the same period in 2012, reaching 530,314, the national cadastre agency ANCPI said Friday.
Holcim CEO: Romania, Managerial Talent Pool
Bernard Fontana the French chief executive officer of Swiss construction materials producer Holcim, says he has noticed the well-trained Romanian workforce. As a result, 44 Romanians are now...
AFI Europe Opens Its Second Romanian Mall In Ploiesti
Israeli company AFI Europe Thursday inaugurated in Ploiesti, southern Romania, its second shopping center on the local market, following an investment worth over EUR50 million.
Cora Opens Its First Hypermarket In Ploiesti In EUR6.1M Investment
French retail chain Cora opened a hypermarket Thursday in Ploiesti, its first in the city and 12th in Romania, following an investment of EUR6.1 million.