Real Estate
Iulian Dascalu Signs With C&A, Now Has Contracts With Fashion's 'Big Four'
Businessman Iulian Dascalu, 41, owner of shopping center chain Iulius Mall, is the first Romanian to have brought into his malls the biggest fashion players - Inditex, H&M, New Yorker and C&...
C&A To Launch Three New Stores In Iulius Group's Malls
Dutch apparel retailer C&A will launch three stores cumulating 4,300 square meters in Romanian cities Timisoara, Suceava and Iasi, in shopping centers owned by Iulius Group, a real estate de...
Holcim Romania Appoints New Head Of Concrete, Aggregates Unit
Construction materials maker Holcim Romania on Tuesday said it has recently appointed Bogdan Dobre as manager of the concrete and aggregates division, replacing Anastas Dimovski whom moved t...
Social Homes Might Be Sold For Closer To Market Value
Romanian authorities might be able to sell public housing for a price determined by an expert evaluator, closer to the home's regular market price, as per a Government-sponsored bill changin...
Franke Owner Sets Up Swiss Village Near Timisoara
Michael Pieper, owner of Switzerland's Franke Artemis group, who also owns 10% in Carpatair, has 20 hectares of land near Timisoara, where he wants to develop a "Swiss village"-type of housi...
Two Years After Start of “First Home” Scheme: Has It Achieved Its Purpose?
The scheme started by the government nearly two years ago in order to revive the construction sector and the economy has turned into a social one that has supported banks, put an end to the...
INS: Romania Mar Adjusted Construction Works -1.5% On Year
Romania's adjusted construction output fell 1.5% on the year in March, on decreases in all sectors, the country's statistics institute said Friday.
ModaTim Investment Posts EUR2.6M Rental Revenue In 2010
ModaTim Investment SA, developer of the City Business Centre in western city Timisoara, obtained a revenue of EUR2.6 million in 2010 from rents in the center’s first two buildings, company e...
Enterprise Investors To Invest EUR30M In Upgrades At Macon
Polish private equity firm Enterprise Investors, which holds Romanian construction materials maker Macon Deva, will invest EUR30 million by the end of 2015 in upgrades at Macon’s plants.