Real Estate
Carrefour To Open Hypermarket In 2013 In Bucharest Shopping Center Developed By NEPI
French group Carrefour said Tuesday it will open a new hypermarket next year in a shopping center South-African investment fund New Europe Property Investment (NEP.RO) is developing in Bucha...
Selgros Thinking Of Expansion Again Despite Flat Sales
Selgros Cash&Carry, one of the largest retailers in Romania, might soon resume network expansion, after several years in which store openings were uncommon.
KLG Romania Boss: 2012 Failed To Confirm Our Expectations
The growth of KLG came in 2012 from new clients, as many companies cut back on the storage space. Even so, the logistics and distribution company plans to build two new warehouses in Romania...
Gica Popescu: We Are Late With Construction Of Courtyard By Marriott Hotel Because Of Financing
Former football player Gica Popescu says work on four-star hotel Courtyard by Marriott, initially scheduled to start in the second quarter of this year, has been postponed until spring of ne...
Romanians Put Aside 9% Of Monthly Income, Sum Saved Lowest In CEE - Survey
Romanians save 9% of their monthly income, similar to Austrians, Czechs and Germans, while, in nominal terms, the sums saved by the former are significantly lower due to wage gaps between co...
Willbrook International Cuts By Up To 35% Prices Of Oxford Gardens Compound Villas
Realty developer Willbrook International on Monday announced it aims to put up for sale the villas from Oxford Gardens compound at prices by up to 35% lower.
Bucharest Land Prices Fell By Up To 80% Since 2008 - Survey
Land prices in Bucharest and in nearby areas have dropped by as much as 80% since 2008, according to realty ad portal imopedia.ro.
Construction Market Seen Falling Further In October-December
Romanian companies expect construction activity will continue to decline in the last three months of 2012, on weaker demand, the statistics institute INS said in a survey Monday.
Sorin Greu, Bog’Art: The Construction Sector Could Rebound, But Not Very Soon
Although he has for the last 8 years run the largest Romanian construction company of civil engineering and industrial buildings, with turnover of almost EUR80 million, no picture of Bog’Art...