Real Estate
Auchan To Invest EUR55M In Coresi Retail Project In Brasov
French retail group Auchan will invest between EUR55 million and EUR60 million in the development of the Coresi retail project in central Romanian city Brasov.
Government Plans To Allot More Money To Local Authorities - Sources
The Romanian Government included on the agenda of its Tuesday meeting a new draft decision to allot funds to local authorities to finance infrastructure development projects, people close to...
Auchan Buys Real Estate Project On Former Tractorul Platform In Brasov
French group Auchan took over from Flavus Investitii the real estate project developed on the former Tractorul industrial platform in central Romanian city Brasov.
Mortgage Lending Growth Slows Down In February
The mortgage lending growth pace in February was half the monthly average of 2011, because not even government-secured loans are drawing customers to banks.
AFI Europe Starts Work On EUR35M Mall In S Romania
Real estate developer AFI Europe will soon start construction on a mall in southern Romanian town Ploiesti, 60 km north of Bucharest, with a completion deadline set for the second half of 20...
Grain Trader UGG Plans Farming Business
United Grain Group, one of few grain traders built by a Romanian entrepreneur, plans to take the first step towards farming by acquiring 2,000 hectares of land and to expand throughout the e...
US Halliburton To Open Production Facility In Ploiesti West Park
US giant Halliburton rented 7,700 square meters in Romanian industrial park Ploiesti West Park, where it will build a production unit as the first stage of a wider investment plan, according...
C&W: Industrial Space Rental In Romania May Widen By 15%-20% In 2012
The overall surface of industrial space rented in Romania could grow by 15%-20% this year, from 150,000 square meters in 2011, according to realty advisors Cushman&Wakefield Romania.
ANL To Complete 1,800 Units This Year, No Plans For New Projects
Romania's Housing Agency (ANL) will not begin development of new apartment buildings this year, but will complete work on 1,800 units started in previous years, regional development minister...