Real Estate
ECHR Allows 9-Month Extension For Romania To Amend Laws On Nationalized Property
The European Court of Human Rights has accepted Romania’s request to extend by nine months the deadline to amend its law on nationalized property, Justice Minister Titus Corlatean told MEDIA...
Mitre Building Construction Files Insolvency Claim Against Cocor Bucuresti
Firm Mitre Building Construction on Monday filed an insolvency claim with the Bucharest Court against shopping center operator Cocor SA Bucuresti (COCR.RO) for unpaid bills of about 120,000...
Inditex To End 2012 With At Least 90 Stores In Romania
Inditex, the largest player on the Romanian fashion market, with sales of around EUR150 million last year, will end 2012 with a network of at least 90 stores, 18 more than at the end of 2011...
How Cocor Went From Making Profit To Falling Behind With Its Loans
Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), whic...
New Apartment Prices In Bucharest Double Compared To Other Romanian Cities
New apartment prices in capital city Bucharest are, in some cases, even double the prices of new apartments in other big cities in Romania, although Bucharest has seen the highest decline in...
Bucharest Court Of Appeals Overrules Romexpo’s Request To Temporarily Suspend Insolvency Procedures
Insolvency procedures against Romanian expo center Romexpo will continue after the Bucharest Court of Appeals overruled Tuesday the center’s request to temporarily suspend the application of...
Over 50% Of Romanian Homes Overcrowded, Highest Level In EU - Alpha Bank Official
More than half of Romanian homes are overcrowded, the highest level in the European Union, Alpha Bank president Sergiu Oprescu said Tuesday, adding that the country also has the highest numb...
Cocor On The Verge Of Foreclosure By BCR
Cocor Bucuresti (COCR.RO), owner of the eponymous shopping center in downtown Bucharest, might be foreclosed on by BCR, according to a report sent to the Bucharest Stock Exchange on Monday.
Dimofte, Popoviciu, Bonte Collect Largest Dividends From RASDAQ Market
Companies on the RASDAQ market are paying dividends of over 137 million lei (around EUR30 million) this year, with the largest amounts to end up in the accounts of local businesspeople, who...