16 ian 2017

Bucharest’s central-western area saw almost 40% of the demand for office space last year, compared with 31% for Floreasca-Barbu Vacarescu and Dimitrie Pompeiu, real estate consultant JLL says. more

13 ian 2017

The Finance Ministry last December approved 225 million lei (EUR50 million) state aid for two companies in the local auto industry, Bosch and Pirelli, which will make almost RON1 billion investments more

9 ian 2017

Romania’s auto market officially returned to more than 100,000 new cars delivered in one year, after 2016 ended with a sales volume of at least 110,000 cars, according to ZF’s estimates based on more

6 ian 2017

Almost 150,000 square meters of modern retail space will open in Romania this year, following more than EUR200 million investments, without any major project, though. more

30 dec 2016

Only 18 kilometers of highway were inaugurated in 2016, while private investors in retail and office space spent hundreds of millions of euros. more

23 dec 2016

Entrepreneurs Andrei Diaconescu and Victor Capitanu, who own real estate company One United Properties, which specializes in premium and luxury residential projects, bought the plot of land at the more

22 dec 2016

Companies are starting to look for modern office space in less ‚traditional’ cities, as new investments in industry or services are made, believes entrepreneur Ovidiu Sandor, CEO of Mulberry more

21 dec 2016

The year 2016 saw top management changes at Dacia and Ford Romania along with new investment. This spring Daimler inaugurated its new transmission manufacturing facility in Sebes and in the summer more

20 dec 2016

Romania’s car production dropped 6% in January-November to 338,000 cars assembled in Mioveni (Dacia) and Craiova (Ford), according to Romania’s Automotive Manufacturers and Importers Association more

12 dec 2016

Do-it-yourself retailer Dedeman Bacau, the largest entrepreneurial company in Romania, has overshot the one billion euro sales mark on the Romanian market. more

5 dec 2016

The development of Bucharest in the past few years has mostly focused on office buildings in the north of the city in Pipera and Barbu Vacarescu, along with tens of thousands of new homes in the south more

2 dec 2016

Africa Israel Investments of Israeli billionaire Lev Leviev has signed a non-binding letter of intent with a third party to sell the entire AFI Park office complex in Bucharest, according to a report more

15 nov 2016

Construdava office building of Scotland-based investment manager Aberdeen Asset Management is about to be bought by residential developer Adamerica, as the talks between the two parties have reached more

15 nov 2016

Automobile Dacia, the largest company in Romaia by revenue, ended the first half with 10.7 billion lei (EUR2.4 billion) sales, according to Trade Registry data, a 7% increase on the year-ago period. more

31 oct 2016

Liviu Tudor, the biggest Romanian office space owner, who owns West Gate in western Bucharest where the offices of Renault are, has withdrawn from the tender for the new local headquarters of the more

19 oct 2016

The instability in Turkey and Ukraine can help Romania become a regional logistics power in the next few years, especially if the government backs development of road and rail infrastructure. more

18 oct 2016

Productivity of the farm should be the main criterion used when allocating subsidies, says Claudiu Davitoiu, owner of Agroindaf Afumati cattle farm, who asks Romania’s agriculture support agency more

13 oct 2016

Michael Schmidt, the businessman behind the Automobile Bavaria group wants to add a new line of business and invest in a national hotel chain, as well as enter the volume auto market by adding a new more

12 oct 2016

Do-it-yourself retailer Dedeman Bacau, the largest entrepreneurial company in Romania, posted growth of 26% in revenue to 2.2 billion lei (EUR500 million) in the first half, according to publicly more

6 oct 2016

The Romanian economy cannot become more competitive without investment in infrastructure and all the projects discussed, including the Pitesti-Sibiu highway, are not just for Dacia, but for the entire more

15 sep 2016

Road carrier Dolo Trans Olimp, of entrepreneur Cristian Dolofan, has become the largest corporate customer of Mercedes-Benz trucks and will boost its fleet to more than 250 trucks in the next two more

12 sep 2016

Some 1,500 hectares of farmland were sold at an average price of about EUR4,340 per hectare or a total of more than EUR8 million from January through early September, according to the data on the more

12 sep 2016

The most important logistics park in Romania, P3, is part of a global deal TPG Real Estate and Ivanhoe Cambridge are discussing with GIC, the sovereign investment fund of the Singapore government, one more

6 sep 2016

To comply with the deadlines of the major real estate developments, investors have to resort to temporary fixes to compensate for the lack of some utilities, such as electricity or natural gas, which more

5 sep 2016

ParkLake, the 70,000 square meter mall in which Portugal’s Sonae Sierra and Ireland’s Caelum Development invested EUR180 million, is running on electric generators because its existing grid more