11 ian 2012

The Competition Council on Tuesday delivered the most eagerly awaited verdict of a probe, saying that the major oil companies were guilty of having reached an understanding to withdraw a type of more

6 ian 2012

Bankers and insolvency firms’ agenda for the coming month includes auctions for foreclosed properties appraised at EUR36 million, reveals a ZF survey of the ads published by the top ten banks on the more

3 ian 2012

The year 2012 will see investments of tens of millions of euros of foreign supermarket and apparel retail chains continue. It may also be the year when UK’s Tesco arrives, a scenario speculated on more

29 dec 2011

The mall market in Bucharest could resume strong growth next year when developers of six new projects with over 300,000 square meters of floor space plan to begin construction works. This would take more

23 dec 2011

AFI Palace Cotroceni shopping mall in Bucharest, controlled by Israeli billionaire Lev Leviev, had sales of around EUR158 million in the first 11 months of the year, a 22% increase year on year, with more

23 dec 2011

Doru Bostina, managing partner of Bostina&Asociatii law firm, says that the firm he runs could reach over EUR25 million revenue this year, 65% of which generated by the office in Bucharest and the more

23 dec 2011

This year can be regarded as a transition year, during which new insolvency cases came up, and new projects were completed. The apartments became cheaper, but prices did not plummet, and a series of more

21 dec 2011

The 50 largest residential projects built in and around Bucharest over the past few years brought 20,000 new homes to the market, following investments estimated at around EUR1 billion, reveals a ZF more

14 dec 2011

The cumulated value of the 20 largest banking loans accessed by local companies this year exceeds EUR2.5 billion after banks were much more cautious with lending in 2010, reveals an analysis made by more

13 dec 2011

The highest income ever made in Romania, which is officially documented, with the first name and last name of the earner shown, was collected by lawyer Florentin Tuca, founder and managing partner of more

8 dec 2011

Businessmen Emil and Daniel Tanasoiu, known on the real estate market especially for developing and selling business park S-Park in northern Bucharest, will develop a new office building in more

6 dec 2011

Christopher Shonn, managing director of Argo Real Estate investment fund, the largest owner of shopping centers on the Romanian market, says attracting large foreign investors by exempting them from more

5 dec 2011

Polisano, one of the leading players in the Romanian private healthcare industry, has sold its nine-unit chain of dialysis clinics to German firm Diaverum, in a transaction estimated by ZF at EUR10 more

4 dec 2011

The DIY retail networks this year have put the brakes on their local expansion, opening only eight stores, including five by local network Dedeman. French network Bricostore opened one store, in more

1 dec 2011

Prices of three-room apartments in Bucharest old blocks continued to decline in November and are now 0.6% lower from October and 4% lower compared with May. This is what the real estate index more

1 dec 2011

The shopping centers with poor sales, few clients and hardly any major tenants on the local market are selling at 80% to 90% discount on the prices of 2006 and 2007. The latest deals to prove it are more

30 nov 2011

Mugur Filipescu and Daniel Voicu, founders of law firm Voicu & Filipescu, recall the events that led to the firm's formation, but also the best and the worst in the past decade, and sketch their next more

29 nov 2011

French hypermarket chain Auchan, with EUR340 million in turnover on the Romanian market, last week bought half of former industrial platform Tricodava in the Bucharest district Drumul Taberei, which more

24 nov 2011

Investors bet over EUR350 million on new malls and the expansion of existing projects this year. Openings also show in the ranking of cities by retail area per capita. more

24 nov 2011

Bucharest has the biggest malls in the country, the tallest office buildings, luxury hotels and famous parks like Herastrau and Cismigiu (north and center of the city). more

23 nov 2011

Real estate company Interprime Properties, a subsidiary of the Inter IKEA group, the personal business of the Swedish billionaire Ingvar Kamprad, has made its second land acquisition in Bucharest: more

22 nov 2011

Bacau-based company Dedeman, the leader of the local do-it-yourself market, will open a 10,500 square meter store in Tulcea on Friday, November 25. The store, a EUR10 million investment, is the last more

17 nov 2011

Chocolate manufacturer Kandia, one of the best-known brands on the local market, is about to take over the Supreme Chocolat group, owner of the Primola brand. The deal is already on the desk of the more

11 nov 2011

Kaufland is getting ready to finish the acquisition of a plot of land from the Romprim plant in Berceni (southern Bucharest), Auchan is buying another plot from Grantmetal in Crangasi (west side) and more

11 nov 2011

The owners of Swan offices in Pipera (northern Bucharest) invested EUR50 million in the project despite the ongoing crisis, which is only 15% occupied almost one year after completion. more