17 aug 2017

Sales of heavy trucks dropped 21% in the first seven months of this year and reached 4,064 units, according to the data of the Automotive Manufacturers and Importers Association (APIA). more

16 aug 2017

Auchan group bought a 32,000-square meter plot in Timisoara east side from Israeli-held Plaza Centers for EUR7.25 million, a report to the London Stock Exchange reads. more

19 iul 2017

Transilvania Nuts, the walnut kernel processor held by Levente Bara and Alexandru Chiric, will invest EUR2.5 million in a new plant in Ciugud (Alba County, central Romania) where it will make more

18 iul 2017

Piraeus Bank Romania was directly involved in the Landmark office space project in Piata Romana area in downtown Bucharest, says deputy CEO Nikos Chaniotis, because more and more companies are willing more

27 iun 2017

World’s largest retailer Amazon is about to sign a lease for 10,000 square meters of office space in the Globalworth Campus in Bucharest, and may go to as much as 12,000 square meters. more

21 iun 2017

Real estate company GTC (Global Trade Center), the owner of the City Gate complex in Piata Presei Libere (northern Bucharest in front of Romexpo) bought a 15,000 square meter plot of land nearby. more

14 iun 2017

BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock Exchange within the next 30 days. This is the biggest corporate more

8 iun 2017

Do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, ended last year with more than EUR160 million net profit, up 27% on the previous year, according to the Finance more

5 iun 2017

At least seven deals worth more than EUR100 million have been signed on the Romanian real estate market in the past decade, and the two records were signed ten years away. more

2 iun 2017

Brothers Dragos and Adrian Paval, who own the DIY retail chain Dedeman, signed the agreement with Africa Israel to buy AFI Park 1-5 office buildings near the AFI Palace Cotroceni mall for almost more

1 iun 2017

Auto Cobalcescu, one of the largest Renault, Dacia and Nissan dealers in Romania, which also became a BMW dealer at the end of 2015, ended last year with EUR19 million revenue and expects growth to more

1 iun 2017

Forte Partners, one of the most active real estate developers, which is now working on The Bridge office buildings in Orhideelor area of Bucharest, will soon begin work on a residential project in more

31 mai 2017

Software and IT services company Endava is in advanced talks with Day Group to rent 4,000 square meters in Day Tower office building on Unirii Boulevard in central Bucharest near the city’s Court of more

23 mai 2017

The latest round of talks between Africa Israel group and Romanian entrepreneur Dragos Paval over the sale of AFI Park 1-5 near the AFI Cotroceni mall in Bucharest should come near a close in the next more

19 mai 2017

The automotive industry, which generated EUR22 billion revenue from car and automotive component manufacturing last year, is increasingly attractive to foreign companies, especially because of the IT more

17 mai 2017

The Continental group, the largest automotive component manufacturer in Romania, ended last year with almost 20% growth in revenue to 12 billion lei (EUR2.66 billion), the group said. more

8 mai 2017

The sales of Duster SUV on the local and European market will be driven by the six-speed automatic EDC dual clutch transmission version, says Hakim Boutehra, the new general manager of Renault more

4 mai 2017

Businessman Dan Sucu, the owner of the Mobexpert group, is preparing to enter the real estate market after having established DVD Residential Imobiliare SRL in partnership with Pitesti-based builder more

2 mai 2017

Edy International Spedition, a trucking company that had a fleet of more than 1,000 trucks in 2008 only to go insolvent following founder’s death in 2012, is back in the transportation business and more

28 apr 2017

Forte Partners, one of the most active local developers on the office space market, has signed the lease with IBM for 18,000 square meters in the first building of The Bridge complex in the Orhideelor more

21 apr 2017

Seven of the ten most expensive office buildings in Bucharest by asking rent were built in very good locations before 2009, especially around Piata Victoriei, Piata Presei and Charles de Gaulle. more

19 apr 2017

New car registrations went up by almost 30% to 22,300 in the first quarter compared with the year-ago period, Driving License and Vehicle Registration Department (DRPCIV) data show. more

18 apr 2017

Utility vehicle sales are a very good indicator of the state of the local economy and last year’s data show the market reached the highest level since 2009. It now only needs to break the record of more

12 apr 2017

The A3 highway and the section between the Bucharest Beltway and the Barbu Vacarescu area in the north of the city will be the hot spots for logistics hubs, especially for electronic commerce more

7 apr 2017

Ford Romania, the owner of the Craiova automobile plant, has officially announced it will hire 976 people to fill its staffing needs in order to begin production of the next generation of the small more