3 apr 2020

The auto market will see decline in the second quarter, as markets more affected by the COVID-19 pandemic posted record decline in March, says Sorin Cretu, chief executive of Business Development more

24 mar 2020

The major shopping centers closed on Monday, after the authorities issued a decree over the weekend requiring them to do so, in order to contain the spread of the coronavirus since they are places more

12 mar 2020

Transportation company edy International Spedition, the largest such company in Romania until 2011, went bankrupt officially in 2019, Trade Register data show. more

11 mar 2020

Work from home will be tested en-masse in the coming period, as companies urge employees to work from home to avoid crowded space. In case of major real estate deals involving malls, hotels and office more

11 mar 2020

The year 2019 was the sixth year of growth of deliveries of new homes in a row in Romania, while in Bucharest it was the ninth, National Statistics Institute data show. more

10 mar 2020

Sales of electric and hybrid cars will go up 50% to 10,000 units this year but the growth pace will depend more and more on the development of the infrastructure that allows long-distance travel, says more

9 mar 2020

Romania needs more local actors on the real estate market to ensure long-term stability, including times of crisis, like other countries in Central and Eastern Europe such as Poland and Czech more

6 mar 2020

Private investment firms Revetas Capital and Cerberus have put up for sale The Landmark office building near Piata Romana in Bucharest at a record yield for the country, 6.75%, data available on the more

5 mar 2020

The third generation of the Dacia Duster SUV is already in the works as the model will be launched at a time when cars on the European market will come in hybrid versions and additional batteries, more

4 mar 2020

The rising demand for retail and new residential projects in secondary and tertiary cities is making investment firms find new solutions to bring money to Romania. more

3 mar 2020

Dacia Duster created a new segment of the European and world auto market on March 2, 2010 and has remained among the top three small SUVs by sales ever since despite its more than 20 rivals. more

12 feb 2020

Ford Romania will assemble cars worth more than 5 billion euros in its Craiova plant this year, according to ZF’s calculations, taking into account a production of 251,000 cars and an average price more

12 feb 2020

AFI Europe Romania is preparing to expand the AFI Palace Cotroceni with new retail space, a hotel, office and residential space, which will take the project valued at some EUR700 million to more than more

6 feb 2020

Bucharest has the potential to keep attracting new brands in Romania but needs additional space to allow expansion, especially in high purchasing power areas. more

6 feb 2020

The Dacia range will include both a hybrid model, most likely the upcoming Duster SUV facelift, and a 100% electric model. more

5 feb 2020

Sales of electric cars are estimated to double to more than 3,000 units in 2020, like they did in 2019, following the support from the Rabla Plus scheme, which offers a EUR10,000 voucher, as more and more

4 feb 2020

Ioannis Papalekas, CEO and founder of Globalworth, has sold all his shares in this business to Czech investor Radovan Vitek and Dimitris Raptis, deputy CEO, sold 40% of his stake, while the more

3 feb 2020

The new office space projects in Cluj and Timisoara have attracted new companies to regional markets, as the labor market is becoming increasingly competitive. more

28 ian 2020

Entrepreneur Michael Schmidt, the most important BMW dealer in Romania, says he dropped plans to sell 51% in his business in Germany and decided to continue expansion on his own. more

27 ian 2020

Investors are starting to buy the major heritage buildings in the center of the old Bucharest, built in the 19th and early 20th century, seismically retrofit them and turn them into office or luxury more

24 ian 2020

About 50 automotive component suppliers, which have production facilities Romania, supply parts for the new Puma SUV assembled by US carmaker Ford at its plant in Craiova. more

20 ian 2020

Porsche Romania, the largest importer in the country, ended 2019 with 35,332 vehicles delivered, 7% more than in the previous year, according to the company data. more

17 ian 2020

Timisoara Centrum, a mall project valued at EUR90 million and announced by Alpha Group Investments and Ali Ergun Ergen in the spring of 2016, was canceled and Alpha Bank sold the 60,000 square meter more

17 ian 2020

Romania saw the second highest rise in the number of new car registrations in the European Union in 2019, 23.4% to 161,500 units in 2019 compared with 2018, European Automobile Manufacturers’ more

16 ian 2020

Dacia and Ford’s production reached almost 500,000 units for the first time, in 2019, data from Romania’s carmakers association ACAROM show. The total volume stood at 490,412 cars, 3% more than in more