15 ian 2020

Swedish developer Vastint, which built the Business Garden Bucharest office complex in the Orhideelor area and is now working on Timpuri Noi Square project, is considering new acquisitions on the more

13 ian 2020

Sales of luxury cars saw their best year in a decade in 2019, as brands added SUVs and new sedans to their portfolios and the economy went through its eighth year of growth in a row. more

10 ian 2020

The year 2019 came with six new shopping centers or retail parks and four major expansions. The first mall in Sibiu was inaugurated last year and Iulius opened the Iulius Town complex in Timisoara, more

9 ian 2020

The average prices of the three-room apartment in Bucharest built in the ‘80s rose by 5.3% in 2019, according to real estate consultant SVN Romania. more

8 ian 2020

Sales of vehicles on the local market stood at some 200,000 units last year for the first time in a decade, and were 7% higher than in 2018, according to ZF estimates based on the January-November more

7 ian 2020

Bucharest ended 2019 with 3.2 million square meters of office space stock, 296,000 square meters more of lettable area than the year before, data from real estate consultant CBRE show. more

17 dec 2019

The Chamber of Commerce and Industry of Romania has started the necessary steps to secure the permits needed to begin the real estate project at Romexpo, according to Bucharest City Hall data, and the more

11 dec 2019

More than 70 cars with a price tag of over EUR200,000 were registered in Romania in the first eleven months of the year, according to the Driver’s License and Vehicle Registration Department more

9 dec 2019

The revenue of the local auto industry, which includes Dacia, Ford and the more than 400 component manufacturers, will increase by 5.2% to EUR30 billion in 2019 compared with 2018, data from the more

9 dec 2019

The vacancy rate for modern class A and class B office space in Bucharest reached 9.3% at the end of September 2019, while the office space stock 3.16 million square meters. more

6 dec 2019

The monthly installment to buy a two-room apartment in Bucharest has dropped to less than 60% of the net average wage in the country in September, from 251% in January 2008, at the peak of the more

5 dec 2019

Didier Balcaen, the Belgian executive who runs developer Speedwell, has started a real estate project through Willow Residential that will include both office and residential space on the Jandarmeriei more

25 nov 2019

Dedeman, the largest Romanian entrepreneurial business and the largest actor on the DIY retail market, will open store number 50 in Zalau at the end of December or early in January and the next store more

21 nov 2019

Insolvency firm Casa de Insolventa Transilvania (CITR) has put up for sale the Tutunul Romanesc (Romanian Tobacco) site, as part of the reorganization of its owner Interagro, held by businessman Ioan more

20 nov 2019

Romanian office space market has entered the radar of Western European investors, after years of market domination by South African companies. more

20 nov 2019

King Software, the developer of the famous Candy Crush game, has closed its Bucharest office, with only the reception desk still operational at the Opera Center location. more

19 nov 2019

Dacia will implement along with Renault the “electrification” of the range in the coming period and for the first time a manager of the brand is talking about hybrid versions not just electric more

15 nov 2019

The stock of modern office space in Bucharest reached about 3.16 million square meters at the end of the first three quarters, 15% more than in the year-ago period, while the overall vacancy rate was more

13 nov 2019

Ford Romania has grown to 6,200 employees in its plant in Craiova this fall, after hiring 1,700 people. The hiring was because of the start of the production of the Puma SUV last month, assembled more

12 nov 2019

Romania’s real estate market has attracted more than EUR5 billion investments in the last five years, EUR1.4 billion of which from South Africa, EUR600 million from Greece and EUR500 million from more

7 nov 2019

Retail chain Profi held by buyout investor Mid Europa Partners has rented 60,000 square meters of logistics space in the Bucharest West park of CTP on the 23rd kilometer of the A1 Bucharest-Pitesti more

25 oct 2019

Residential projects expressly developed for rental purposes are the next level on the Romanian real estate market, believes Razvan Iorgu, managing director of CBRE Romania. more

24 oct 2019

The opening of new malls in cities near the border attracts customers from the city and from around it, as well as from the neighboring countries, the latter coming to buy things that are not more

22 oct 2019

The last three years, 2017, 2018 and 2019 have been rather busy in terms of new brand arrival, both on the fashion, jewelry and accessory segment and on the restaurant and café segment. more

16 oct 2019

Dedeman Bacau, the largest entrepreneurial company in Romania, held by brothers Adrian and Dragos Paval, posted 15% growth in sales to more than 3.5 billion lei (EUR745 million) in the first half, more