Real Estate
MedLife Rents Former Rompetrol HQ In Bucharest For New Clinic, Offices
Romanian private healthcare provider MedLife rented the former headquarters of oil company Rompetrol in central Bucharest, according to real estate consultancy firm CB Richard Ellis, which b...
National Lottery Seeks To Build Training Center In Busteni For EUR10M
The Romanian Lottery Company will hold an auction for the construction of a training center in Busteni, a mountain resort in Prahova county, through a contract worth an estimated 41.7 millio...
INS: Romanian 1H New Housing Down By 868 To 17,806 Units
The number of residential constructions completed in the first half of 2011 fell by 868 units on the year, to 17,806, the National Statistical Institute, or INS, said Friday.
Magheru Boulevard Is World’s 46th Most Expensive Retail Location - Survey
The Magheru boulevard in Bucharest ranked 46th in a Cushman&Wakefield chart of the most expensive 63 boulevards in the world, with respect for the rent paid in these locations.
Romania To Become Second Largest Shopping Center Market In CEE By 2013
In the coming years, Romania is going to rank second in the region by the volume of shopping centers developed, after Poland, but ahead of the Czech Republic and Hungary, as its market conti...
H&M Set To Open Stores In Arad, Oradea And Craiova
Swedish-held H&M, which entered the Romanian market this spring, opening six stores so far, is speeding up expansion and has signed contracts for another three stores in Atrium Center Arad,...
Romania To Keep High Taxes On Multiple Homes In 2012
Romanian Prime Minister Emil Boc said Wednesday that the Government has decided to keep the higher taxes paid by owners of two or more buildings, or cars with engines larger than 2,000 cc, i...
Tourism Ministry To Take Over Constanta Casino, For Renovation
Romania's Government on Wednesday adopted a decision whereby the Constanta Casino will be taken over by the Ministry of Regional Development and Tourism, and rehabilitated.
Dedeman Buys 20,000 Sqm Plot For EUR1.6M
Romanian steel valves manufacturer Ario Bistrita (ARIO.RO) plans to sell a plot of land of around 20,000 square meters to do-it-yourself retailer Dedeman Bacau for EUR1.58 million, the compa...