Real Estate
Insolvent Concefa Sibiu Eyes Return To Profit After RON53.2M Loss In 2012
Romanian insolvent construction company Concefa Sibiu (COFI.RO) expects net profit of 354,000 lei (EUR81.630) in 2013, compared to loss of RON53.2 million in 2012.
Cluj Authorities Sign RON125M Financing Contracts For Industrial Parks
Local authorities in Cluj-Napoca, northwestern Romania, on Friday signed two financing contracts worth 125 million lei (EUR28.8 million), which target the setting up of a new industrial park...
Praktiker 1Q Sales In Romania Down 6.5% On Year, To EUR21.6M
German do-it-yourself retail chain Praktiker Thursday said its net sales in Romania fell 6.5% to EUR21.6 million on the year in the first quarter of 2013, twice slower than the decline regis...
Benevo Capital Starts Construction Of Bucharest Mall Victoria City This Summer
Canadian-owned Benevo Capital said Thursday it will start the construction of shopping center Victoria City Lifestyle in Bucharest this summer.
South African NEPI To Develop Retail Projects In Several Romanian Cities
South-African investment fund New Europe Property Investment (NEP.RO) on Thursday said it plans to develop retail projects in Romanian cities of Targu Jiu, Drobeta Turnu-Severin, Sibiu and T...
Romania’s Top Leasing Companies In 2012
UniCredit Tiriac Leasing, which is affiliated to UniCredit Tiriac Bank, last year kept its position as unchallenged leader of the market, with an over 20% share of new financing in 2012. No....
Adama Sells 25% Of 126 New Apartments In Edenia Titan Residential Compound
Real estate developer Adama, part of Austrian group Immofinanz, said it sold around 25% of the 126 apartments built within the second phase of the Edenia Titan residential compound located i...
Retailer BSB To Open Two New Stores In Romania By End-June
BSB Fashion Romania, a subsidiary of Greek apparel retailer BSB, will open two new stores by the end of June, in Cluj and Timisoara.
Franklin Templeton’s Priority Is To Boost FP’s Value Not Invest In Romanian Economy, Manager Says
Franklin Templeton, the administrator of Romanian investment fund Fondul Proprietatea, collected around 95 million lei in the two and a half years since it took over the mandate, over six ti...