16 mar 2012

Lawyer Sorin David, managing partner of law firm D&B David si Baias, believes investors will start looking again more carefully at Eastern Europe as the labor costs in Asia continue to rise. Romania, more

15 mar 2012

South African auto parts maker Metair Investments bought Rombat Bistrita, the largest Romanian-held auto parts maker, people close to the deal told ZF. more

15 mar 2012

The year 2011 was difficult for the owners of real estate on the local market, as only the companies that expanded their portfolio saw rental revenue go up, a ZF analysis shows. more

12 mar 2012

The plot behind the Casa Radio and the plot on the Unirii Boulevard on which the future Esplanada city center should be developed, each stretching onto 10 hectares, are, by far, the largest unused more

6 mar 2012

Liberty Center, a shopping center in southern Bucharest, lost several tenants early this year, such as Marks & Spencer, Forever 18 and a Burger King restaurant that was closed. more

5 mar 2012

The number of houses built last year on the local market fell by 9%, to 44,456 units, with the Bucharest-Ilfov area recording the biggest decline, of 23%. more

1 mar 2012

The return of the local stock market to growth, which reached the high of the last seven months on Wednesday, is giving hope to insolvency firms that the economy would resume growth and investors more

29 feb 2012

Romanian do-it-yourself retailer Dedeman, controlled by brothers Adrian and Dragos Paval in Bacau, continues to surprise with rising sales, which came close to the EUR500 million mark last year. more

29 feb 2012

Four of the most popular international retailers with operations on the local market, H&M, Zara, New Yorker and C&A, which already own more than ten stores in Romania, can be found under the same roof more

28 feb 2012

The 12 largest residential compounds in and around Bucharest that went insolvent or bankrupt in the past three years consist of tens of buildings with over 4,000 homes, some finalized, other abandoned more

23 feb 2012

German do-it-yourself company Praktiker, which operates a 27-store network on the Romanian market, has reduced the number of employees from 2,500 to 2,000, while sales went down to half compared to more

21 feb 2012

David Hay, who has been running the Romanian subsidiary of AFI Europe for almost a year, has a clear target for the next two years: the local portfolio should reach four shopping centers and “a more

20 feb 2012

Lawyer Daniel Badea, managing partner at Clifford Chance Badea, the Bucharest office of the world’s leading law firm Clifford Chance, expects this year to be difficult, both for the economy and the more

16 feb 2012

Romanian businessman Dinu Patriciu surprised the entire retail market in 2010 when he “declared war” on foreign retail chains and started to develop the Mic.ro and Mac.ro stores (formerly Minimax more

13 feb 2012

Financial daily Ziarul Financiar has summed up the real estate novelties of the past couple of months, which ignored the freezing weather outside, the protests in Piata Universitatii square and even more

7 feb 2012

Ali Ergun Ergen, who ran the Baneasa shopping center in northern Bucharest until the end of last year, has been appointed chief executive officer of Anchor Grup again. He was Anchor’s CEO during more

1 feb 2012

Businessman Tiberiu Urdareanu, who controls the UTI group, a business worth almost EUR160 million in 2010, is negotiating the sale of the UTI Headquarters building in downtown Bucharest to a Greek more

30 ian 2012

The most active real estate investor in the last three years, South-African investment fund NEPI (New Europe Property Investments), bet EUR250 million on Romania at a time when many foreign real more

27 ian 2012

French retailer Auchan will start the development on the Romanian market of shopping centers branded as Auchan City. The first of them will be built this year in the Giulesti district, in the more

26 ian 2012

Bankruptcy has not affected many major businesses in the past three years, only around 20, shows a ZF review of the biggest bankruptcies in the past three years. more

23 ian 2012

The past ten years have seen the construction of 50 large business centers and of office buildings covering 10,000 square meters each, where over 100,000 employees of the largest banks and more

20 ian 2012

Sebastian Gutiu, managing partner of law firm Schoenherr si Asociatii, bets on the litigation department rather than on the real estate one for the next few years, as companies fail to observe their more

18 ian 2012

Apartment developers have a few thousand homes unsold in Bucharest almost four years since the start of the decline in real estate, with starting prices of EUR30,000 plus VAT for a studio in Militari, more

18 ian 2012

Real estate developer Plaza Centers, which signed a partnership with the Development Ministry to build a project on the site of the Casa Radio (Radio House) in 2006, could resume work on the project more

13 ian 2012

Businessman Iulian Dascalu, the principal Romanian owner of shopping centers, reached cumulated revenues of over EUR200 million in the ten years since opening his first mall in Iasi, after his malls more