8 oct 2013

Do-it-yourself retailer Dedeman will open two new stores in Targu-Mures and Ploiesti for a total of 36 stores by the end of 2013, six more than at the beginning of the year. more

27 sep 2013

A dentist, Israel-held Jupiter group, which owns a shopping center in Pitesti, southern Romania, and the manager of design and architecture firm Proiect Bucuresti are working on three real estate more

23 sep 2013

The revamping of the Bucuresti Mall and Plaza Romania shopping centers in Bucharest will begin no later than next spring and end within two years to be ready in time for new competitors, says Razvan more

23 sep 2013

Auchan Romania plans to attract 10 million more customers in the Romanian stores it bought from Real, a 30% increase on the 36 million customers of the Real stores in 2012, Patrick Espasa, CEO of more

20 sep 2013

The opening in less than a month of the Promenada Mall in northern Bucharest will set off one of the biggest battles for clients in Romanian modern retail: the mall’s owner, Austrian Raiffeisen more

18 sep 2013

Israeli company AFI Europe, owner of AFI Palace Cotroceni mall in Bucharest, is building a 800 square-meter extension of the H&M store. In the extension the retailer will sell both clothes and home more

13 sep 2013

Greek toy retailer Jumbo plans to open two stores in Romania by the end of 2013, namely, one in western city of Timisoara and one in capital city Bucharest. more

13 sep 2013

The financial results of the largest 50 companies in the Romanian construction, paint and do-it-yourself sectors registered revenues of EUR4.7 billion in 2012, steady on the year. more

12 sep 2013

Canadian businessman Michael Topolinski has acquired bankrupt pump maker Aversa in Bucharest and was assisted in the transaction by law firm Biris Goran. more

10 sep 2013

Moshe Greidinger, CEO of Cinema City International, the most extensive cinema chain in Romania, present in 15 shopping centers, hopes that within five years the number of tickets sold on the cinema more

6 sep 2013

French DIY retailer Leroy Merlin, which owns one store in Romania, in retail park Colosseum in Chitila, near Bucharest, registered turnover of EUR21 million locally in 2012, according to data obtained more

5 sep 2013

New office spaces with a lettable area of around 140,000 square meters will become available in Bucharest within a year, according to a ZF analysis which took into consideration the six projects with more

30 aug 2013

Deutsche Telekom, which owns telephony operators Romtelecom and Cosmote via Greece’s OTE, is looking for some 1,600 to 2,000 square meters of office space in Bucharest, where it could develop a more

29 aug 2013

The Romanian subsidiary of U.S. company Honeywell has rented 20% in the biggest office building in Bucharest, UpGround BOC, which means it now has enough space to recruit 300 more people for its more

26 aug 2013

Shopping complex Doldora Bazaar in southwestern Bucharest, developed by former footballer Gica Popescu and two business partners, went insolvent and has recently closed after reality proved initial more

13 aug 2013

The most profitable company in Romania if comparing profit to its turnover, is not a giant like OMV Petrom or Fondul Proprietatea but a holding company in Bucharest. Amv Est Group SRL posted more than more

2 aug 2013

South-African investment fund NEPI, the most active investor in Romanian real estate in the past four years, on Wednesday bought a 70% stake in the project of the Mega Mall shopping center in more

1 aug 2013

Magheru Boulevard linking Romana Square to Universitatii Square in central Bucharest lacks some of the things that major shopping streets in other European cities have. Thus, international fashion more

30 iul 2013

Do-it-yourself retailer Dedeman expects an 8% increase in sales in 2013 to EUR584 million after opening two new stores in the first half of the year and continuing its expansion plans. more

26 iul 2013

Deutsche Bank, a former contender in the 2005 privatization race for Romania’s largest bank BCR, has been looking for office space in Bucharest for several months now. The group intends to open a more

23 iul 2013

Romanians go to malls to shop and spend their spare time and this trend has started to also take shape in Western European countries where people mainly go to malls for shopping, according to Austrian more

19 iul 2013

The biggest challenge for the Romanian economy is the lack of lending as banks have turned into “real estate agencies,” according to Romanian Prime Minister Victor Ponta. more

18 iul 2013

Sixteen companies known to be controlled by businesspersons Gabriel Popoviciu and Radu Dimofte reported total profit of almost EUR30 million in 2012, up 85% on the year, reveals a ZF analysis, with more

17 iul 2013

Romania’s real estate market can still provide investment opportunities but only for investors who do not need bank loans, because the “cost of funding is prohibitive” says Dutch executive Gijs more

16 iul 2013

The top performers among malls by revenue per square meter are Baneasa Shopping City, AFI Palace Cotroceni, Iulius Cluj, Bucuresti Mall, City Park Constanta and the Orhideea complex, whose revenue more