Real Estate
Carrefour, NEPI Get EUR26M Loan From BRD To Develop Ploiesti Shopping City
Carrefour Property Romania and South-African real estate investment fund New Europe Property Investments (NEP.RO) obtained a EUR26 million loan from BRD-Groupe Societe Generale (BRD.RO) to j...
Mobexpert To Open Its 12th Big-Box Store In W Romania
Romanian furniture maker Mobexpert will open its 12th superstore Thursday in western Romania, following an investment of about EUR2 million.
How Much It Would Have Cost Mark Zuckerberg To Get A Home Loan In Bucharest
How much would Mark Zuckerberg have paid, had he taken out a loan in Romania? Twice as much as he is due to pay for his loan in the US.
Bucharest Shopping Center Cocor Put Up For Sale For EUR50M
The shareholders of shopping center operator Cocor Bucuresti (COCR.RO) have approved the sale of all its assets to restructure the company, and the asking price of shopping center Cocor in d...
Hornbach Opens 5th Unit Western Romania, A EUR30M Investment
German DIY retail chain Hornbach will open the 5th unit on the Romanian market, in the western town of Timisoara, following a EUR30 million investment, the company said Wednesday.
Duraziv 1H Paints Sales Double On Year To RON4.9M
Romanian building materials manufacturer Duraziv Tuesday said its paints and coatings sales doubled on the year to 4.88 million lei (EUR1.08 million) in the first half.
Over One Third Of Romanian Key EU-Funded Projects Saw Little Progress In 1H
Over one third of the EU-funded projects the Romanian Government regarded as a priority have advanced at a very slow pace in the first half of the year, and in most cases works advanced by l...
Arabesque’s Sales Might See Only Slight Increase In 2012
The turnover of Romanian construction material distributor Arabesque might increase slightly this year, from EUR470 million in 2011, but the situation may change rapidly, depending on the ev...
Cement Producers See Profit Margins Down, Business Slightly Up
The three large cement producers on the Romanian market remained profitable last year, but profit margins were down. Whereas they would exceed 30% in previous years, in 2011 they shrank to n...