27 nov 2015

Turkish-born businessman Omer Susli who took over the do-it-yourself retail chain Praktiker in the first half of last year says he plans to hire 400 people especially for counseling and in-store more

25 nov 2015

The Orhideea area near the Basarab Overpass in Bucharest is shaping up as a future office space hub of the city, with foreign and Romanian investors developing a number of projects there. more

16 nov 2015

The local paint and coatings market will end the year with slight growth of about 5% compared with the previous year, says Marius Vacaroiu, chief executive officer of Policolor-Orgachim group. more

16 nov 2015

Five deals involving sale of office buildings in Bucharest worth EUR180 million to EUR200 million together have been announced and closed or should be closed by the end of this year, ZF has found from more

13 nov 2015

Real estate investment firm Globalworth founded and run by Greek businessman Ioannis Papalekas now owns five office buildings in the Calea Floreasca-Barbu Vacarescu area, close to the Aurel Vlaicu more

10 nov 2015

Ten mall construction or extension projects requiring more than EUR700 million investments are now in progress or announced to begin soon, ZF has found. more

9 nov 2015

The year 2015 came with growth of 5% to 30% in sales for do-it-yourself businesses in Romania. more

16 oct 2015

The top ten deals in the real estate sector in Romania in the first nine months amount to almost EUR300 million, or half the entire market, according to a ZF analysis based on the data supplied by more

12 oct 2015

Romania has a number of qualities that put it among interesting countries to foreign investors, and one such quality is its strategic geographic location, says Claudiu Tuncu, country manager of Dow more

12 oct 2015

The land that was once the site of the Spicul industrial bakery in the central-western Bucharest in the Orhideea area will accommodate two office developments worth about EUR160 million, confirming more

8 oct 2015

The ten largest office space rental deals in the first nine months of the year total more than 80,000 square meters, and the IT and outsourcing companies were the most active on the office space more

7 oct 2015

Bacau-based do-it-yourself retail chain Dedeman, the largest entrepreneurial business in Romania, ended the first half with almost 1.8 billion lei (EUR408 million) revenue, an increase of 30% on the more

6 oct 2015

UK’s Kingfisher put French executive Christian Mazauric in charge of the Romanian do-it-yourself retail chain Brico Depot, replacing Patrick Papot at the beginning of September, according to the more

1 oct 2015

Door and window systems manufacturer Casa Noastra based in Craiova, southern Romania, which sells its products under the QFort brand, wants to reach 190 million lei revenue (EUR43 million) revenue more

30 sep 2015

Romania’s construction sector is recovering after six years of decline but needs infrastructure investments to be able to enjoy a sustainable recovery, says Francois Petry, chief executive officer more

30 sep 2015

Buildings 4 and 5 of the AFI Park office complex built by Israeli-held developer AFI Europe around the AFI Palace Cotroceni shopping center have been 20% pre-let, several months before inauguration. more

28 sep 2015

Sweden’s Skanska, which developed the Green Court office complex in Floreasca-Barbu Vacarescu area in northern Bucharest, hopes to start work on another office complex near Politehnica subway more

25 sep 2015

Immochan Romania, the real estate unit of French-held Auchan group, is considering building a new shopping center in Romania using the Coresi Brasov model, which it opened in March following a EUR60 more

24 sep 2015

Sweden’s Skanska group, one of the largest real estate developers in Romania, has bought a 2.1 hectare plot across the street from the Politehnica subway station in western Bucharest. more

22 sep 2015

The Fashion House outlet at the entrance to the Bucharest-Pitesti Highway is 89% rented seven years from opening and its more than 60 tenants include Adidas, Puma, Mango and Stefanel. more

18 sep 2015

Austrian developer Immofinanz posted revenue from rents worth EUR11.8 million on the local market in the first quarter of financial year 2014-2015 ended July 31, similar with the same period a year more

17 sep 2015

Bacau-based do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, eyes to expand internationally and is currently analyzing various markets, a first step in that direction more

16 sep 2015

A company part of Tiriac Imobiliare, the real estate division of businessman Ion Tiriac, has acquired full control of the Buzesti Center office space project near Piata Victoriei (downtown Bucharest). more

28 aug 2015

Real estate developer NEPI, which bought Auchan Titan Shopping Center from German-held Aberdeen Asset Management two days ago, has reached EUR446 million investments in retail centers in Bucharest so more

27 aug 2015

The largest property owner on the local real estate market, NEPI, has bought Auchan Titan Shopping Center from Germany’s Aberdeen Asset Management in a EUR86 million deal. more