Real Estate
Cora Romania Opens EUR42M Shopping Center In Bacau
Retailer cora Romania opened a new shopping center Thursday in Bacau, the first in the eastern part of the country, following an investment of EUR42 million.
Israel’s Tagor To Build EUR34M Residential Compound Near Bucharest
Israeli-owned real estate developer Tagor plans to build a residential compound near capital city Bucharest which will engulf EUR34 million, the company said in a statement Thursday.
INS: Adjusted Construction Works Down 4% On Month In September
Romanian construction works fell 4% in September from a month earlier, due to declining activity in most sectors, the statistics institute INS said Thursday.
Colliers: Bucharest Office Vacancy Rate Stable In 3Q At 17.5%
The average vacancy rate of office spaces in Bucharest remained stable at 17.5% in the third quarter of 2012, while there are significant vacancy rate differences among neighborhoods, real e...
Alin Cocos Constructs A Building For A Fashion Company In Bucharest’s Historic Center
Alin Cocos, 25, stepson of former Tourism Minister Elena Udrea, has this autumn built the structure of a 1,800 square-meter two-floor building on Lipscani street in Bucharest’s historic cent...
Dedeman Sales To Overshoot EUR500M
Romanian do-it-yourself retail network Dedeman could see EUR525 million sales this year, as the growth in the first ten months was slightly higher than the 10% expected.
Roads Authority Spent EUR4B On Highways In Six Years, Enough For 800 Km
The roads authority has had over EUR4.1 billion available between 2007 and 2012 for building highways and a further EUR3.6 billion to rehabilitate national roads. During the same period, Rom...
CFR And Belgian Company To Set Up Firm To Upgrade Bucharest Railway Infrastructure
Romania’s state-owned railway company CFR Infrastructura and Belgian company Euro Station will set up a firm to upgrade and extend Bucharest’s railway infrastructure, including the Bucharest...
40% Of EUR786M Drawn By Romania Through EU's Regional Operational Program Subject To Corrections
Romania absorbed EUR786 million via the Regional Operational Program (ROP), which registers the highest fund absorption rate, of over 21%, Development Ministry state secretary Marcel Bolos s...