3 dec 2018

Israel’s Hagag group is about to buy a building on 8-10, Georges Clemenceau Street between Piata Romana and the Athenaeum in Bucharest from Romanian entrepreneur Victor Olaru, market sources to ZF. more

27 nov 2018

The real estate boom, the construction of new residential, office space and shopping center projects, have created a shortage of labor, especially since more and more workers and engineers choose to more

26 nov 2018

Most of the office space in Romania is concentrated in Bucharest, where the stock is rapidly approaching 3 million square meters, and Cluj, Timisoara, Iasi and Brasov, which will come close to 1 more

20 nov 2018

The future Line 5 subway station Academiei in the Razoare area of Bucharest will attract about EUR400 million over the coming years as developers start and complete office space, residential and more

19 nov 2018

Iasi has the second highest growth potential after Cluj over the coming period, and the IT sector is a strong driver in that regard, says Martin Slabbert, cofounder and CEO of real estate development more

19 nov 2018

US-held automaker Ford has started the recruitment program for its Craiova plant and seeks to hire 1,700 people, more than initially planned in May, 1,500. Since the plant is currently employing more

14 nov 2018

Almost 10% of the employees in Bucharest work in the IT or related sectors such as telecom and the expansion of their employers will occupy a significant part of the office space to be built in areas more

13 nov 2018

Deals involving office space projects and plots of land for development picked up the pace in the fourth quarter, and the top three such deals stood at almost EUR140 milion, according to ZF’s more

19 oct 2018

The production of the Ford plant in Craiova rose to almost 104,000 EcoSport SUVs in the first nine months of the year, twice and a half more than in the same time last year, when the facility was more

18 oct 2018

New apartment sales continue as planned at there is no decline in demand, the real estate developers in Romania say, considering the number of apartments sold until this July was higher than in the more

3 oct 2018

Renault is considering increasing the capacity of Automobile Dacia’s Mioveni plant near Pitesti in southern Romania, as the sales of the Dacia brand are on the rise and the facilities making such more

27 sep 2018

Real estate developer Portland Trust has bought a 16,000 square meter plot on Jiului Street near Bucurestii Noi Boulevard in NW Bucharest in a deal put at EUR5 million to EUR6 million, according to more

24 sep 2018

Romania’s car production is headed towards 450,000 units in 2018, as sales of Dacia Duster and Ford EcoSport SUVs have been rising because of the higher and higher demand on the European market. more

21 sep 2018

The auto market saw 13,407 units delivered this August (the best August in a decade), 9.7% more than in the year-ago month, Romania’s automotive manufacturers and importers association APIA data more

6 sep 2018

Antoine Doucerain is leaving Renault-owned Automobile Dacia only after six months at the helm and the interim managing director will be Jerome Olive, who used to run Dacia in the past. more

4 sep 2018

Romanian engineers at Renault Technologie Roumanie are working on more and more models of the French carmaker, besides the Dacia range ones such as Logan, Sandero and Duster. more

27 aug 2018

Real estate developer Global Vision, which bought an almost 100-hectare plot near Constanta Harbor last year, plans to develop an industrial park on it. more

11 iul 2018

Forte Partners, the developer of the office space project The Bridge in the Orhideelor area in Bucharest, has bought a 5,400 square meter plot of land for a third building. At an average price of at more

10 iul 2018

The ten largest real estate consultants in Romania, which broker the biggest office space and buildings, land, shopping centers, industrial facilities and residential buildings deals, saw about 220 more

4 iul 2018

The Renault group, the owner of Automobile Dacia, the largest company in Romania, has a new chief financial officer in this country as of July 1. more

28 iun 2018

Commercial property investor and developer NEPI Rockcastle returns to the office space race in the Floreasca Barbu Vacarescu area with the soon-to-begin expansion of the Promenada Mall and more

21 iun 2018

Sibiu-based construction company CON-A ended 2017 with almost 550 million lei (EUR118 million) revenue, up 51% on the previous year, beating local rivals like Bog‘Art, Constructii Erbasu and more

12 iun 2018

The increase in Ford Romania’s production by adding a second model besides the EcoSport SUV in Craiova will allow attracting a greater number of suppliers near the plant and implicitly boost more

7 iun 2018

Old three-room apartments in Bucharest saw a rise in the average price to more than EUR90,500 in May, going over EUR90,000 for the first time since the summer of 2010, shows the ZF real estate index more

6 iun 2018

Romanian building materials distributor Arabesque, based in Galati (SE Romania) and held by Cezar Rapotan, posted growth of 5% in revenue to EUR373.5 million in 2017, according to Finance Ministry more