Real Estate
Profits Of Ten Largest Romanian Builders Halved In 2012
The ten largest construction companies held by Romanian entrepreneurs posted EUR61.7 million net profit together in 2012, almost half of the 2011 figure, ZF has calculated based on Trade Reg...
Two Businessmen Want To Sell 20 Ha Of Land In Timisoara For EUR17.5M
Romanian businessmen Emil and Marius Cristescu, owners of group Bega, want to sell several plots of land in Timisoara, with an area exceeding 20 hectares, and the buildings located on them.
Huawei Rents 2,500 Sqm In Bucharest’s Tower Center
Chinese IT&C equipment producer Huawei has rented three floors (2,500 square meters) in office building Tower Center in Bucharest, where it is relocating its operations.
Combined Loss Of Three Malls In Bucharest Exceed Profit Of Five Others
Bucharest’s shopping centers Sun Plaza, Plaza Mall and Cocor registered aggregate loss of EUR27.5 million last year, higher than the combined profit of Baneasa Shopping City, Cotroceni Park,...
Argo’s Four Shopping Centers In Romania See Their Value Downgraded To EUR330M
The four shopping centers operated by Argo Real Estate Opportunities Fund (Argo) in Romania were evaluated at EUR330 million at the end of March, down by nearly EUR7 million from the same pe...
Köber’s Net Profit Rose 40% On Year To EUR3M In 2012
Romanian paint and lacquer maker Köber registered net profit of about 13 million lei (EUR2.9 million) in 2012, up some 40% on the year, according to Trade Registry data.
Esop: Office Space Demand By Midcap Companies In Romania Up 9% In 1H/2013
Demand for office space by midcap companies in Romania increased by 9% on the year in the first half of 2013, considering that the number of midcap firms in search of office spaces rose by 2...
INS: Adjusted Construction Works Up 3.1% On Month In May
Romanian construction works rose 3.1% in May from a month earlier, on recovering activity in most sectors, the statistics institute INS said Monday.
Iaciu Says Impact Developer Will Return To Residential Projects And Profit
Romanian real estate developer Impact Developer&Contractor (IMP.RO) will return to residential projects and will post profit next year, company owner Gheorghe Iaciu told ZF about his plans t...