Real Estate
CBRE Romania Appoints New Head Of Capital Markets
Realty consultants CB Richard Ellis on Thursday announced the appointment of James Heyworth Dunne as head of capital markets for Romania and Southeast Europe.
Romanian-Serbian Cross-Border Cooperation Program Allotted EUR20.1M For 2012-2013
The Romanian-Serbian cross-border cooperation program will have a budget of EUR20.1 million between 2012 and 2013, of which EUR17.1 million represents EU financing and the remainder is natio...
Romanian Retailer Opens Former PIC Store Under Succes Brand
The PIC hypermarket in southern Romanian city Craiova was relaunched Thursday under the Succes brand, after Succes Nic rented two stores from bankrupt PIC, PIC's court-appointed administrato...
EBRD Could Lend EUR16.2M For Water Infrastructure Upgrades In Mures
The European Bank for Reconstruction and Development is considering providing a loan of up to EUR16.2 million to Aquaserv company in Romanian central county of Mures, the bank said in a stat...
Basescu Sends Construction Permit Bill Back To Parliament
Romanian President Traian Basescu said Wednesday he is sending back to Parliament a bill whereby construction permits are issued by default if local authorities fail to respond to permit app...
McDonald’s To Open Restaurant In Office Building
McDonald’s, leader on the Romanian restaurant market, will open its first restaurant in an office building over the next few days, in America House, which already accommodates City Grill, St...
Coldwell Banker Launches 15 New Offices In Romania
Real estate consultancy firm Coldwell Banker on Monday announced it has launched 15 new offices nationwide in Romania, bringing its local network to a total 36 offices.
French Retailer Leclerc Might Enter Romanian Market Next Year
French retailer Leclerc might enter the Romanian market next year and the first local Leclerc hypermarket might be built in Bucharest, on a plot sold this year by chemicals maker Chimopar to...
IMF Calls On Romanian Government To Eliminate Requirements For Opening Hypermarkets
The International Monetary Fund and the European Commission called on the Romanian Government again to eliminate restrictions for opening large retail stores, as the country failed to observ...