Real Estate
Ambient Sibiu 2012 Turnover Up 14% On Year, To RON667M
Romanian building materials distributor Ambient Sibiu on Tuesday said its turnover rose 14% to 667 million lei (EUR150 million) last year and it switched to profit after losses of RON17 mill...
Impact Developer Gets EU Funds To Co-Finance Office Tower Project
Firm Millenium Consult Invest 2002, owned by real estate developer Impact Developer & Contractor (IMP.RO), has obtained non-reimbursable EU funds to co-finance the construction of an 8,000-s...
Argo’s Shopping Centers In Romania Generate Revenues Of EUR22.3M In 2012
The four shopping centers operated by Argo Real Estate Opportunities Fund (Argo) in Romania generated revenues of EUR22.3 million in the 2011-2012 fiscal year ended September 30, up about 64...
BRD Sogelease Granted Financing Of EUR92M In 2012, Up 11% On Year
BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, said Monday it granted financing of EUR92 million in 2012, up 11% on the year, and signed 1,890 new co...
Construction Companies Lead Rise On Stock Market In Q1
The Bucharest Stock Exchange ended the first quarter higher, but performance is far from the first quarter of 2012, both in terms of indices and traded value.
Brick Producers: Flat Market This Year Would Be A Positive Signal
Brick sales will remain at a similar level this year to 2012, brick manufacturers agree. They also say the price war will continue this year, writes Business Construct magazine.
Greenest Office Buildings In Bucharest
Petrom City, the headquarters of the largest company in Romania, Sky Tower - the tallest building in Romania, and Crystal Tower - the only private building in Romania with a heliport, are am...
Botosani Uvertura Mall To Open Friday Following EUR27M Investment
Romanian company Moldova Universal, owned by businessman Danut Prisecariu, will inaugurate shopping center Uvertura Mall in Botosani Friday, following a EUR27 million investment.
Romanian Executives Optimistic About Economy In March-May
Romanian executives estimate all key economic sectors will see a spike in activity levels in the March-May period compared with the previous three months, the statistics institute INS said i...