Real Estate
Development Ministry Launches Auction To Build 28 Kindergartens For RON27.3M
Romania's Regional Development Ministry has launched an auction for the design and construction of 28 day care centers and kindergartens in the southeastern counties of Braila and Galati, fo...
Real Estate Consultants Regained Force In 2010
Real estate consultants started regaining vigor last year, after seeing their turnovers dramatically eroded by the crisis in 2009 amid a severe transaction shortage on all market segments.
Lafarge Ciment 2010 Turnover Matched 2008 Profit
Lafarge Ciment Romania, the domestic subsidiary of French-held building material producer Lafarge, reported turnover of around 715.5 million lei (EUR170 million) last year, down 19% on the y...
Heavy-Duty Equipment Vendors See Better Days Ahead
Heavy duty equipment companies reached over 1 billion lei (EUR270 million) in turnover in 2008, but then experienced the bitter taste of recession.
Bucharest Needs 450 More Hectares Of Green Space To Meet EU Requirements
More than 1.7 million trees planted on public land in Bucharest were recorded through the Green Register project, but the capital needs around 450 more hectares of green space, to meet the E...
Bucharest’s First Green Areas Census: Tree Numbers Up 50% In 20 Years
Bucharest has 1.7 million trees in its public spaces and 400,000 trees on private properties according to the first census on green areas conducted in Bucharest, as well as nationwide. Any r...
Fabryo Sales At RON136.5M In 2010, Sees No Growth This Year
Romanian paint maker Fabryo Corporation posted a 9% decline in sales last year, to 136.5 million lei (EUR32.4 million), and any increase in turnover this year would be "an outstanding perfor...
BCR Sees Mortgage Loans Up 10%-15% In 2011
Romanian lender BCR expects its mortgage loan portfolio will increase by 10%-15% this year compared to 2010, bank official Stefan Coroianu said Thursday.
Oasis Development Launches Property Management Unit
Romanian realty developer Oasis Development launched a technical and commercial management division for the retail sector, run by Brigitte Schmitt, former property management chief at DTZ Ro...