Real Estate
No Deadline For Sibiu-Pitesti Highway
The 116 kilometer long Sibiu-Pitesti highway expected to cost to more than EUR3 billion should be paid for with European funds allocated for 2014-2020. At least this is what Romania’s nation...
Unirea Shopping Center 1H Net Profit Doubles On The Year
Romania’s Unirea Shopping Center (SCDM.RO) Monday said its net profit doubled on the year to 3.7 million lei (EUR0.83 million) in the first half, as costs declined faster than revenues.
Impact Mulls RON100M 5-Year Convertible Bond
Romanian real estate company Impact Developer&Contractor (IMP.RO) might launch a 5-year convertible bond, aiming to attract 100 million lei (EUR22.5 million) to finance its current activity...
Skanska Invests EUR80M In Office Project Green Court Bucharest
Skanska invests EUR80 million in its first real estate project in Bucharest – office complex Green Court, and plans to develop several similar projects in the Romanian capital, Johan Karlstr...
Deutsche Telekom Looking For Office Space For Services Center In Bucharest
Deutsche Telekom, which owns telephony operators Romtelecom and Cosmote via Greece’s OTE, is looking for some 1,600 to 2,000 square meters of office space in Bucharest, where it could develo...
Court Blocks Road Authority’s EUR7.4M Auction For Legal Services
The auction started by Romania’s roads authority CNANDR seeking legal assistance services for expropriations for an estimated EUR7.4 million has been annulled by the Bucharest Court of Appea...
HoneyWood Wants To Sell 30-50 Eco-Homes/Year In Romania In Near Future
Construction firm HoneyWood, which entered Romania this spring, hopes to sell locally 30 to 50 eco-homes made of wood annually in the following four years.
Over 29% Of Transilvania Constructii Shares Transferred In RON13.8M Deal
A 29.22% stake in Romanian construction firm Transilvania Constructii (COTR.RO) was traded in a deal worth 13.8 million lei (EUR3.1 million) at a price of RON50 per share.
Advent’s Portfolio In Romania Includes Only Two Companies After Two More Exits
Investment fund Advent Internaținal sold two of its Romanian businesses over the past year: medical drug producer Labormed in August 2012 and paint maker Deutek this month.