Real Estate
Petrochem Technologies Wants PPP With Environment Ministry To Build Racetrack, Hotels
Constanta-based company Petrochem Technologies wants to build a racetrack, a shopping center and three hotels in Dor Marunt, a commune in southern Romania, in public-private partnership with...
Boc: Government WIll Use Significant Share Of EU Funds For Building Thermal Rehabilitation
Romania's Government plans to use a significant part of EU funds to support the building thermal rehabilitation program and will ask the authorities involved to better publicize the incentiv...
Tabara: Foreigners Own Up To 1 Mln Hectares Of Land In Romania
Romanian Agriculture Minister Valeriu Tabara said Friday that, according to preliminary data, foreigners own between 500,000 and one million hectares of land in Romania.
Ariston Thermo Romania Sees ’11 Sales At EUR32M
Heating equipment maker Ariston Thermo Romania on Friday said its first-half sales stagnated and they could reach EUR32 million by the end of the year, compared to EUR30 million in 2010, as...
Real Estate Market Shows Revival Signs After Two Years
A large construction site stands in Floreasca, where the tallest building in Bucharest is being constructed; another site, next to the Polytechnic University, will host an office building. S...
Argo Real Estate To Become Romania’s Largest Shopping Center Owner
Shareholders of Argo Real Estate Opportunities Fund approved the purchase of the Era shopping parks in Romanian cities Oradea and Iasi, which makes the investment fund the largest shopping c...
Capital Property Advisors Appoints Radu Lucianu As General Manager
Realty consultants Capital Property Advisors appointed Radu Lucianu, former head of consultancy firm CB Richard Ellis (CBRE) Romania, as general manager.
Tourism Ministry Mandated To Begin Constanta Casino Restoration
Romania's Government has authorized the Ministry of Regional Development and Tourism to run the project to restore the Constanta Casino, taken over this summer from City Hall.
Baneasa Shopping City Owner Plans Further EUR80M Investment
After a movie theater inside Baneasa Shopping City is completed next week, preparations are due to start on a new extension where the shopping center's food court will be relocated.