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

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