Real Estate
Government Suspends Issue Of Compensatory Certificates For Nationalized Property For 6 Months
The Romanian Government on Tuesday decided to suspend for six months the issue of certificates whereby the people whose property was abusively seized during the communist period receive comp...
The Map Of Bucharest’s Largest Empty Plots
The plot behind the Casa Radio and the plot on the Unirii Boulevard on which the future Esplanada city center should be developed, each stretching onto 10 hectares, are, by far, the largest...
No Major Changes Expected For Bucharest Land Prices In 2012
Land prices in Bucharest will remain at levels seen at the end of 2010, with the only areas to see declines in prices and demand being the ones in the outskirts and those without infrastruct...
SAP Romania Seeks To Hire 150 IT Experts This Year In Centers In Timisoara, Cluj
SAP Romania is looking to hire over 150 IT consultants this year in Timisoara and Cluj, in a recruiting program in close cooperation with Romania’s leading universities.
Romania Adjusted Construction Works +1.9% On Month In January
Romanian construction works rose 1.9% on the month in January, after a decline of 0.6% in December, the statistics institute INS said Thursday.
Dedeman Aims For 10% Higher Sales In 2012 From RON2B In ‘11
Romanian do-it-yourself retailer Dedeman on Wednesday reported sales of 2 billion lei (EUR459 million) for last year, compared to RON1.55 billion in 2010.
National Investment Company Plans To Extend Activity With Projects For Private Investors
The National Investment Company (CNI) plans to extend its activity to carry out projects for private investors, alongside projects involving public works, according to a bill drafted by Roma...
Liberty Center Loses Marks & Spencer And Burger King As Tenants
Liberty Center, a shopping center in southern Bucharest, lost several tenants early this year, such as Marks & Spencer, Forever 18 and a Burger King restaurant that was closed.
GTC's Romanian Portfolio Loses EUR120M In Value In 2011
Israeli-owned real estate developer GTC on Monday said the value of its Romanian portfolio fell by EUR120 million last year, mainly due to apartment price and sales drops, as well as lower r...