12 iun 2019

The Vastint Group, which has the same owners as the Inter IKEA group, is taking one step further towards the completion of the residential project that may be worth as much as EUR1 billion the Sisesti more

4 iun 2019

The start of production of the EcoSport SUV took Ford Romana’s revenue to more than 10.5 billion lei (EUR2.21 billion) in 2018, which turned the carmaker into the second largest company in the local more

4 iun 2019

Israel’s Hagag group is looking to buy the Bucharest Financial Plaza from Banca Comerciala Romana, a landmark building on Calea Victoriei in Bucharest, built by the now defunct Bancorex in the more

30 mai 2019

The three divisions of Groupe Renault Romania – design and engineering (Renault Technologie Roumanie), manufacturing (Automobile Dacia) and vehicle sales (Renault Commercial Roumanie) posted their more

29 mai 2019

The growth in the sales of SUVs led Renault Commercial Roumanie (RCR), Groupe Renault Romania’s sales division to more than 30% growth in revenue in 2018 compared with 2017 to more than 4 billion more

27 mai 2019

Automobile Dacia, the largest company in Romania, posted EUR5.3 billion revenue in 2018, 5% higher than in 2017 and its highest ever. Profit was up 40% to EUR162 million last year, again its highest more

14 mai 2019

Cities of less than 50,000 people can accommodate shopping centers but they need as many tourists as possible to keep the business going. The resort towns in Romania could become interesting for more

10 mai 2019

Demand for premium and luxury apartments is making more and more developers invest in such projects where an apartment costs at least EUR2,000 to EUR3,000 per square meter or even more. more

7 mai 2019

Homes, offices, shopping center, clinic, hotel, kindergartens and schools all of them in one real estate project - this is the make-up of more and more real estate projects developed in Bucharest and more

23 apr 2019

A number of 318 residential projects offering more than 55,000 homes are currently under construction in Bucharest, real estate consultant Crosspoint data show. more

15 apr 2019

Renault-owned Automobile Dacia’s production rose 14% in the first quarter over the year-ago period, data from Romania’s association of carmakers ACAROM show and reached 97,231 vehicles. This is more

11 apr 2019

Banca Comerciala Romana has put for up sale the palace in Piata Universitatii in Bucharest that once housed Generala insurance company and has been associated with the bank’s name for decades. more

10 apr 2019

The total value of the retail, office and industrial properties delivered in 2018 stood at EUR1.3 billion, 20% higher than in 2017, data centralized by real estate consultant Activ Property Services more

5 apr 2019

CTP, WDP, P3, Logicor and Globalworth own more than 2.5 million square meters of industrial space out of a total stock of 3.8 million square meters, according to real estate consultant CBRE. more

29 mar 2019

Sales of tires will continue to increase this year; as Romanians are buying more and more new and used cars, the market of tires for them will stand to gain, tire maker Michelin believes. more

26 mar 2019

Dedeman has reached an agreement with property investment company NEPI-Rockcastle and businessman Ovidiu Sandor to buy The Office building in Cluj-Napoca in the largest deal outside Bucharest, market more

20 mar 2019

Technology is starting to have a significant role in the auto and logistics industries as artificial intelligence is beginning to change how cars are sold and how the warehouses of the future will be more

15 mar 2019

For the first time ever, Romania’s top three exporters operate in the automotive industry, as Ford stepped up production of EcoSport in Craiova, Daimler stepped up production of transmissions in more

14 mar 2019

A future office, retail and residential space project no more than three stories tall could be developed in Bucharest on Calea Vacaresti, between Asmita Gardens and Sun Plaza on a 32,000 square meter more

12 mar 2019

Four out of five cars Renault-owned Automobile Dacia assembled in its Mioveni plant in the first two months of 2019 were Dusters, as production of the second best-selling SUV on the European market more

8 mar 2019

The deals with office buildings and the projects developed by such developers as Skanska and Globalworth could bring EUR500 million investments in the northern area of Bucharest in the next two years, more

6 mar 2019

Renault, ING, Deloitte, Enel, UPC, WPP, BNP Paribas and Medicover are among the companies that will move into new offices this year. The eight companies have signed leases for 100,000 square meters of more

5 mar 2019

Romania climbed to eighth place among car manufacturing countries in Europe, beating Hungary and Poland, data from the European Automobile Manufacturers' Association (ACEA) show. more

28 feb 2019

Lithuania’s Apex Alliance group, one of the most active hotel developers in Bucharest in the past two years, has put up for sale the Hilton Garden Inn hotel near Romania’s central bank more

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