Real Estate
GfK: Only 3% Of Romanians Plan To Buy Housing
Most Romanians are still cautious when it comes to new acquisitions, despite signs that the country’s economy regains strength, and say they are currently unable to save money, according to...
CBRE Romania To Handle Conversion Of Starlight Suites Hotel Into Office Building
Real estate consulting firm CBRE Romania will be handling the process of converting the Starlight Suites hotel into an office building.
Office Towers In Bucharest On Sale For EUR1,100-EUR3,800/Sqm
The prices of office buildings put up for sale in Bucharest range between EUR1,100 per square meter and EUR3,800/sqm, while in other large cities across Romania they vary between EUR400/sqm...
Auto Manufacturers: Authorities Promise Infrastructure Projects, But Fail To Carry Them Out In Time
The slow development of infrastructure is one of the main reasons why Romania does not get more investments from car part manufacturers, along with the fact that authorities promise infrastr...
Furniture Companies Would Need 4,000 Trade School Graduates A Year
Furniture industry companies hired 4,700 people last year, but the market is suffering from a lack of skills so they have to invest in training the people they hire, says the Romanian Furnit...
Romania To Simplify Expropriation Procedures To Finish Romania-Moldova Gas Pipeline
Romania’s Government will simplify expropriation procedures in view of public utility works, Prime Minister Victor Ponta said Tuesday, adding expropriation issues have prevented authorities...
NEPI Plans To Open Shopping Centers In Galati, Targu Jiu In 2013 And 2014
South-African investment fund New Europe Property Investments (NEPI.RO) plans to open a shopping center in Galati this year and start the construction of a similar project in Targu Jiu, whic...
NEPI To Build Office Tower, Renovate 1922 Bucharest Villa In EUR15M Investment
South-African investment fund New Europe Property Investments (NEPI.RO) will invest some EUR15 million to rehabilitate a historical villa near the Government headquarters and develop a 6,500...
INS: First Quarter Housing Construction Rises 12% On Year
Romanian housing construction rose 11.9% to 7,682 units in the first quarter from the year-earlier period, on higher activity in both urban and rural areas, the country’s statistics institut...