26 feb 2019

Sweden’s Skanska is looking into buying an about 8,000 square meter plot on Splaiul Unirii in Bucharest, kitty-corner to the Timpuri Noi Square project developed by Vastint, market sources say. more

25 feb 2019

The increase in supply on the real estate market and the decline in investment yield towards 7% have led to a slight rise in the price of prime office space projects in Bucharest. more

25 feb 2019

The Renault group plans to invest EUR800 million in Romania over the next three years but conditions the move on the concrete steps the government in Bucharest takes about the infrastructure and the more

22 feb 2019

Austria’s PORR Construct plans to enter the hotel market in Bucharest along with two partners and build two new four-star hotels as business travel is on the rise. more

11 feb 2019

Germany’s Daimler, owner of the Mercedes-Benz brand and of the transmissions plant in Sebes in Romania, plans to develop a logistics platform in Chitila, NW Bucharest, market sources say. more

8 feb 2019

NEPI Rockcastle and Ovidiu Sandor, the owners of The Office project in Cluj-Napoca, are in talks with several investors to sell it, among whom Ion Tiriac and the Paval brothers, real estate market more

5 feb 2019

Morgan Stanley Real Estate Romania, the local division of the US group, is looking into the acquisition of the Hermes Business Campus office complex in Dimitrie Pompeiu area in the north of Bucharest more

4 feb 2019

The revenue of the local auto industry, which includes the Automobile Dacia and Ford’s revenue, as well as that of more than 400 component manufacturers rose 20% to EUR28 billion last year, data more

1 feb 2019

The growth potential of Romania’s auto market remains high given the low vehicle ownership rate and the economic growth, so even though 2019 is an election year and the leu has lost a bit of ground more

1 feb 2019

The office space market in Bucharest has entered the radar of the major investors as more and more companies have been opening local divisions, and new projects under construction are taking the more

31 ian 2019

MHS Holding, the entity operating Grupul Automobile Bavaria, one of the largest car dealer networks in Europe, posted more than EUR387 million revenue in 2018, while sales of new vehicles rose 14% more

30 ian 2019

The start of production of the new SUVs – Duster and EcoSport led to a significant increase in the number of cars assembled in Romania last year, considering the SUV segment is the most dynamic in more

28 ian 2019

The Cavar group held by the Cojocar family is currently building almost 200 apartments at the intersection of Constantin Brancoveanu Blvd and Turnu Magurele Street and wants to expand the complex to more

17 ian 2019

Christophe Dridi, managing director of Groupe Renault Romania and Automobile Dacia, says he wants to boost the local integration of the cars assembled in the Mioveni plant and is in talks with several more

15 ian 2019

US’ Amazon, world’s largest online retailer, will expand by another 5,000 square meters in Iasi, at the end of 2020, real estate market sources say, to a total of 18,000 square meters of office more

14 ian 2019

Hungarian-held Futureal group, via its local division Cordia Romania, plans to develop at least three new residential projects in Bucharest near the project already announced in the Expozitiei area more

9 ian 2019

This year will see a record 450,000 square meters of office space delivered, which is a first for Romania. more

8 ian 2019

At least EUR100 million investments, the first production capacity boost in a decade, plans for 300 new employees and the launch of a new engine that could take Dacia’s revenue to more than EUR6 more

4 ian 2019

The Renault Group, which owns the Dacia plant in Mioveni, southern Romania, has started production of a new 1.0-liter gas engine codenamed IG-T100 at this facility. IG-T100 is a completely new engine more

28 dec 2018

As Bucharest is becoming increasingly crowded, incomes rise, and plots of land become available near office space complexes, developers have started investing in residential projects or even in more

27 dec 2018

The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research and development and electronic component divisions are expanding. more

6 dec 2018

Car showrooms used to be located in areas rather far from the city center or in the outskirts 15 to 20 years ago, but the expansion of Bucharest has led to them being surrounded by new retail, more

5 dec 2018

Dragos and Adrian Paval, the owners of DIY retail chain Dedeman, have established Paval Holding, a company with a share capital of EUR1 billion, which is the highest direct interest of a Romanian more

4 dec 2018

Ford Romania’s revenue doubled to almost EUR1.2 billion in the first half and is headed towards at least EUR2.3 billion by yearend, following a significant rise in production. more

3 dec 2018

Sales of electric cars (fully electric and plug-in hybrids) went up 150% in the first ten months of 2018 compared with the year-ago period to 740 units, and a market share of 2.7%, according to the more