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Social/Politics

New Housing Law Should Protect Forced Evictees - Amnesty International

Amnesty International calls on Romanian authorities to align to European legislation on the protection of forcibly evicted persons and include international safeguards against evictions in t...

Radu Bostan · 23.06.2011 · 13:50 · 1 min
GTC Buys Out Cefin Holding From Galleria Galati Project
Real Estate

GTC Buys Out Cefin Holding From Galleria Galati Project

Property developer GTC bought out Cefin Holding from the Galleria shopping center project developed in Galati, and will complete the project on its own.

Andrei Cîrchelan · 22.06.2011 · 16:43 · 1 min
Real Estate

Sonae Sierra Adds RON34M To River Plaza Mall Share Capital

Developer Sonae Sierra added more than 34 million lei (EUR8.2 million) to the share capital of the River Plaza Mall in central Romania, compensating a loan from 2009.

Andrei Cîrchelan · 22.06.2011 · 16:38 · 1 min
Real Estate

Adama Completes Phase One Of Residential Project in Brasov

Realty developer Adama on Wednesday said it has completed phase one of an apartment complex in central Romanian city Brasov, with an investment of EUR14 million.

Andrei Cîrchelan · 22.06.2011 · 15:26 · 1 min
Real Estate

Romania Launches Auctions To Build 91 Kindergartens For RON93.5M

Romania's Regional Development Ministry has launched open auctions for the design and construction of 91 day care centers and kindergartens, for an estimated total of 93.5 million lei (EUR22...

Radu Bostan · 21.06.2011 · 17:09 · 1 min
Real Estate

C&W: Romanian Investment Market Reached EUR243M In 1H

The value of real estate transactions concluded in the first half of this year in Romania overshot the EUR232 million seen in the same interval of 2010, considering the recently announced de...

Andrei Cîrchelan · 21.06.2011 · 14:29 · 1 min
First AFI Business Park Unit To Be Launched Next Year
Real Estate

First AFI Business Park Unit To Be Launched Next Year

The first building of the AFI Business Park Cotroceni office project will be delivered by developer AFI Europe in summer next year, according to property consultants The Advisers/Knight Fran...

Andrei Cîrchelan · 21.06.2011 · 13:52 · 1 min
Bristol-Myers Squibb Moves HQ To Europe House
Real Estate

Bristol-Myers Squibb Moves HQ To Europe House

Pharmaceutical company Bristol-Myers Squibb Romania will move its central headquarters to Bucharest’s Europe House, where it has rented 930 sqm, according to real estate firm DTZ Echinox, br...

Andrei Cîrchelan · 21.06.2011 · 13:30 · 1 min
NEPI Fund Floats In Bucharest, But Still Raises Investment Money From Home
Capital Market

NEPI Fund Floats In Bucharest, But Still Raises Investment Money From Home

South-African real estate investment fund New Europe Property Investments (NEP.RO) made its debut on the Bucharest Stock Exchange with transactions worth just 2,600 lei (around EUR600). On t...

Roxana Pricop · 20.06.2011 · 23:00 · 1 min