Real Estate
AdePlast Plans To Raise Up To EUR15M In IPO
Romanian building materials producer AdePlast expects to raise as much as EUR15 million from its initial public offering scheduled for launch on October 2, the brokers running the deal said...
Romanian Construction Market Seen At Around Half Its 2008 Level, At EUR8.5B
Romania’s construction market will decline this year to EUR8.5–8.8 billion, from EUR9.3 billion in 2012, and from EUR15 billion in 2008, according to Laurentiu Plosceanu, head of the Romania...
Esop: Office Space Demand By Firms In Romania Up 14% In January-September
Office space demand by midcap companies in Romania rose 14% in the first nine months of 2013, and 54% of them are disposed to pay monthly rent of up to EUR11/square meter, according to real...
CFR Needs EUR7B For Railway Section Modernization
The modernization of railway sections in northern and southern Romania, which belong to the Pan-European transport corridor IV, requires investments worth a total of EUR7 billion, Jean Nicol...
Romanian Railway Company CFR Repairs Just 10 Km Of Rail Annually
Romania’s state-owned railway company CFR has major delays in its railway rehabilitation program, as 8,000 km out of a network of 10,700 km require capital repairs and the company barely rep...
Iaciu Ups Takeover Bid For Impact To RON0.1799 A Share
Romanian entrepreneur Gheorghe Iaciu has once again increased the value of his buyout bid for 62% in realtor Impact Developer&Contractor (IMP.RO) after he purchased a batch of shares at a hi...
INS: Romania Housing Permits Down 7% On Month To 3,833 In August
Romanian housing permits fell 6.9% to 3,833 units, from 4,115 units a month earlier, the country’s statistics institute INS said Monday.
Business Outlook: Executives See Growth In industry, But Declines In Constructions And Retail
Romanian executives estimate the activity in the construction and retail sectors will decline over the September-November period compared with the previous three months, the statistics insti...
Papalekas Close To Obtaining Financing For New Office Tower Project In Bucharest
Greek businessman Ioannis Papalekas, one of the most active real estate investors and developers in Romania, has reached an agreement with a European financial institution to get financing f...