24 iun 2015

Israeli-held Shikun & Binui and Red Sea Group, the developers of the City Point residential complex in Aviatiei area in northern Bucharest, plan to build about 1,800 apartments on a plot of land more

23 iun 2015

The 20 largest construction material manufacturers in Romania posted almost 5.6 billion lei (EUR1.25 billion) revenue together last year, an increase of 4% on 2013. more

22 iun 2015

The local cement market should see a slight increase this year, says Florian Aldea, chief executive officer of Carpatcement Holding, after having grown by 5% to 6% in 2014, according to cement more

19 iun 2015

The 16 shopping centers in Bucharest, among which Baneasa Shopping City, AFI Palace Cotroceni, Sun Plaza and Bucuresti Mall, generated more than 800 million lei (EUR178 million) in revenue last year, more

17 iun 2015

Two of the largest shopping centers in Bucharest, AFI Palace Cotroceni and Mega Mall, the second Ikea store in Romania, as well as several hypermarkets were or are to open on the former sites of more

16 iun 2015

Bucharest’s mall market is not oversaturated, despite the openings in the last few years, says Israel Vizel, the manager of the shopping center division of AFI Europe, the owner of AFI Palace more

15 iun 2015

Romania is a less attractive market than Poland in terms of real estate investments and transactions, despite the positive macroeconomic indicators, says Bogdan Macarie, development director with more

12 iun 2015

The modern office space market estimated at 2.2 million square meters in Bucharest and 490,000 square meters in the main cities in the rest of the country is about to see a return of institutional more

11 iun 2015

Romania spent RON14 billion (nearly EUR3.5 billion) for 570 kilometers of new highways over the last 25 years, mostly financed by the European Union, according to Business Construct magazine. more

11 iun 2015

The ten most important office space transactions in Bucharest in the first four months of the year amounted to about 48,500 square meters and most were relocations and lease renegotiations and more

10 iun 2015

Builder Bog’Art SRL of businessman Raul Doicescu ended 2014 with more than 585 million lei (EUR131 million) revenue, up 45% on 2013 and its highest in six years, according to Finance Ministry data. more

8 iun 2015

Austria’s Strabag group, which built the Deva-Orastie Highway and the tallest office building in Bucharest, Sky Tower, ended the first quarter with almost EUR41 million revenue in Romania, an more

4 iun 2015

The real estate market in Romania is growing and becoming increasingly attractive to developers and investors because of its yields, says Joseph Houlihan, Chairman of the Managing Committee of the more

26 mai 2015

The construction sector valued at about EUR9 billion showed the first signs of a rebound early this year, but companies in the industry say it is too early to talk about a sustainable recovery. This more

18 mai 2015

Agricultural machinery manufacturer Ruris, a company owned by Romanian entrepreneur Catalin Stroe, is working on a project to build a small tractor and hopes to have the prototype completed by fall more

6 mai 2015

Baneasa Developments, the company controlled by local businessmen Gabriel Popoviciu and Radu Dimofte which operates the retail area of the Baneasa real estate project in northern Bucharest, ended 2014 more

5 mai 2015

Israel-held construction company Danya Cebus, which built the AFI Palace Cotroceni mall in Bucharest and is now working on the US military base in Deveselu, southern Romania, says the local more

30 apr 2015

The government’s investments in the road infrastructure in Transylvania and Banat allowed the area to attract investors and develop exports, while Moldavia was ignored. Ziarul Financiar presents for more

29 apr 2015

The companies subordinated to the Transport Ministry posted total profit of almost 650 million lei (EUR147 million) in 2014, after having posted total losses of RON460 million in 2013. more

23 apr 2015

Bucharest has the smallest office space stock among the major capital cities of Central and Eastern Europe, of just 2.2 million square meters, half the level of Warsaw, according to a survey by real more

21 apr 2015

Companies operating in Romania’s architecture field posted total revenue worth 869 million lei (almost EUR200 million) in 2013. Over 4,700 companies operate in this field, with 3,500 posting revenue more

16 apr 2015

Romanian brick maker Cemacon Cluj ended the first quarter of this year with revenue of more than RON11 million, a 68% increase compared to the year earlier period though the start of the year is more

15 apr 2015

The largest 30 payments made by Romania’s national company in charge of highways and national roads (CNADNR) last year amount to 3.5 billion lei (about EUR800 million). Almost 70% of the money went more

15 apr 2015

The first quarter of 2015 brought good signs for the construction industry, but for the time being it is hard to say whether the positive trend will maintain during the entire 2015, says Constantin more

10 apr 2015

Out of the more than 1,000 planes taking off Henri Coanda (Otopeni) Airport in Bucharest every week, one quarter fly to the ten most important destinations in Europe, to cities that are both leisure more