Real Estate
Top 50 Residential Projects In Bucharest
The 50 largest residential projects built in and around Bucharest over the past few years brought 20,000 new homes to the market, following investments estimated at around EUR1 billion, reve...
Development Ministry Plans To Insulate 250,000 Apartments Next Year
Romania’s Regional Development and Tourism Ministry plans to rehabilitate about 250,000 homes next year using the extra funds the European Commission has agreed to redirect from other progra...
Home Construction In Europe: A Priority For Czech, Hungarian Authorities, Mere Promises In Romania
Although Bucharest officials are preparing to eliminate subsidies granted for the construction of mortgage homes, countries in the region continue to conduct similar programs, seeking to rev...
Bucharest Apartment Prices Down 3%-5% In 2011 - Survey
Apartment prices in Bucharest dropped by 3% to 5% on the year in 2011, compared to a decline of 16% in 2010, according to a report by realty portal imopedia.ro.
Last Weekend Before Christmas: Malls Are Full, But People Come, Look Around, And Leave
The atmosphere is holiday-like in Bucharest malls in the last weekend before Christmas. The shopping center aisles are crowded, and so are the parking lots, where it takes about ten minutes...
Development Ministry To Receive EUR360M In Redirected EU Funds
The European Commission agreed to direct EUR360 million for the thermal rehabilitation of homes from other operational programs, Romanian Regional Development Minister Elena Udrea said Frida...
Bucharest’s Theodor Pallady Blvd. Targeted By Investments Worth EUR500M
Bucharest’s Theodor Pallady boulevard will draw investment of more than EUR500 million over the next two years, especially in retail and on the auto segment, according to Bucharest District...
Development Ministry, Authorities In Deva Sign Four Contracts Worth RON37M
Romanian Development Ministry state secretary Razvan Murgeanu and Deva mayor Mircia Muntean on Friday signed four financing contracts worth about 37 million lei (EUR8.52 million) through reg...
Continental Hotel Chain President Conditions Further Investments On Predictable Tax System
Romanian businessman Radu Enache, president of the Continental hotel chain, said Thursday he will make no investments on the local market, although he has prepared several such projects, if...