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Teraplast Appoints As COO A Former Caroli Foods Executive

Romanian construction systems maker Teraplast (TRP.RO) on Thursday said it has appointed Alexandru Sirbu as chief operating officer, in charge with investment, logistics, programming and pro...

Andrei Cîrchelan · 16.02.2012 · 12:08 · 1 min
Constructor Bog’Art Wants To Build Wind Farms, Tap African Markets
Companies

Constructor Bog’Art Wants To Build Wind Farms, Tap African Markets

Romanian constructor Bog’Art, owned by businessman Raul Doicescu, has over the years built some of the top office projects in Bucharest and plans to take on building wind farms and enter the...

Andreea Neferu · 16.02.2012 · 00:00 · 1 min
Real Estate

Daas Romania Moves To New Headquarters In Bucharest

HoReCa and retail equipment supplier Daas Romania on Wednesday announced it has moved to a new headquarters in Bucharest, where it has opened a second showroom for HoReCa equipment.

Andrei Cîrchelan · 15.02.2012 · 16:40 · 1 min
Real Estate

Transilvania Constructii 2011 Profit Rises To RON1.7M

Romanian construction company Transilvania Constructii (COTR.RO) Wednesday said its net profit rose over fivefold on the year to 1.7 million lei () in 2011, boosted by a 21% increase in sale...

Florentina Dragu · 15.02.2012 · 13:52 · 1 min
Real Estate

Prefab 2011 Net Profit Falls To RON0.92M

Romanian building materials maker Prefab (PREH.RO) Tuesday said its net profit dropped over threefold to 0.92 million lei (EUR0.21 million) in 2011, from RON3.3 million a year earlier.

Florentina Dragu · 14.02.2012 · 20:24 · 1 min
JW Marriott Renovates 11 Conference Halls But Higher Room Rates Will Lift Turnover
Real Estate

JW Marriott Renovates 11 Conference Halls But Higher Room Rates Will Lift Turnover

Bucharest’s five-star JW Marriott hotel, which operates 402 rooms and 12 event halls, has started the renovation of its Constanta conference hall and of ten other smaller conference rooms on...

Radu Bostan · 14.02.2012 · 00:00 · 1 min
Ten Early 2012 Real Estate Events Give Hope To Investors
Real Estate

Ten Early 2012 Real Estate Events Give Hope To Investors

Financial daily Ziarul Financiar has summed up the real estate novelties of the past couple of months, which ignored the freezing weather outside, the protests in Piata Universitatii square...

Cristi Moga · 13.02.2012 · 00:00 · 4 min
Real Estate

Argo Real Estate Keeps Reducing Rents For Retailers In Romanian Shopping Centers

British investment fund Argo Real Estate has reduced, for the second consecutive years, rents for retailers in Romanian Shopping City Sibiu and Shopping City Suceava, with a cumulated decrea...

Andrei Cîrchelan · 10.02.2012 · 16:40 · 2 min
Real Estate

Romania Adjusted Construction Works +1.1% On Year In 2011

Romanian construction works inched up 1.1% on the year in 2011, largely boosted by an 11.6% increase in capital repairs, the statistics institute INS said Friday.

Florentina Dragu · 10.02.2012 · 10:02 · 1 min