06.15.2015

The sale of the shopping centers in Romania is not a priority until 2018, but “everything has its price,” says Carlo Barban, the executive in charge of the Winmarkt shopping center business in more

05.11.2015

Shopping center Mega Mall, developed by South-African real estate investment fund NEPI (NEP.RO) and Austrian company Real4You, will be opened on May 14 and will be the main project of this type more

05.05.2015

U.S. giant Xerox is opening a new customer service center in Bacau, its seventh in the country, for Italian customers, and will hire 140 people. more

04.15.2015

Reghin-based tractor maker IRUM is set to open a sales and service center this year in Afumati locality near Bucharest and will invest further to expand its plant of Mures county. more

03.16.2015

Czech Republic-based debt recovery specialist APS that bought a large chunk of the non-performing loan portfolio of Austria’s Volksbank’s subsidiary in Romania last summer has also become a more

12.18.2014

Resolute Lar Romania, a company that in 2013 took over the management of Liberty Center mall of Bucharest, plans to turn the project of Rahova district into a shopping center destined to families. more

12.15.2014

Stefanini Romania, the local provider of IT support services of the Brazilian group by the same name, plans to increase headcount by 20% until the end of next year. more

11.05.2014

Businessman Ovidiu Sandor, developer of office projects City Business Center in Timisoara and The Office in Cluj, will complete the fifth building in Timisoara-based office project next summer, namely more

11.03.2014

Romanian businessman Dan Adamescu has sold a 3.6% stake in Unirea Shopping Center (SCDM.RO) to his stepson, Rani Palade, for RON2.2 million (EUR498,400). more

10.29.2014

Germany’s Deutsche Bahn, which this summer decided to develop a shared service center for the financial departments of several subsidiaries of its DB Schenker unit, set out to take the number more

10.23.2014

The shopping center stock in Bucharest (malls, retail parks and shopping galleries) will reach one million square meter lettable area next year, sixteen years after the opening of the city’s first more

10.16.2014

British IT services provider Endava has opened Thursday a Development & Support Center in Cluj-Napoca (northwestern Romania), following an investment of nearly EUR1 million, and plans to employ 300 more

10.16.2014

South African-held commercial property company NEPI has become the largest owner of shopping centers in Romania and now owns about 350,000 square meters of lettable space, according to a ZF analysis. more

10.14.2014

Amethyst, a cancer treatment center started in Bucharest, is now operating six centers in Romania, Poland, Germany and France, following EUR50 million investments. more

10.08.2014

Metex Targoviste (METG.RO) plans to sell a store in Targoviste town, southern Romania, and its plot of land to Leda Center company, for approximately EUR3 million. more

10.07.2014

Businessman Gheorghe Iaciu, who bought Moldova Mall shopping center in downtown Iasi (NE Romania) from East Balkan Properties early this year, will begin works this week to convert it into offices. more

09.30.2014

German transport group Deutsche Bahn will develop a services center employing several hundred people in the Hermes Business Campus in Pipera, northern Bucharest. more

09.10.2014

Prodplast Imobiliare, controlled by businessman Florin Pogonaru, will invest EUR60 million, including own funds, to develop Veranda Shopping Center in Bucharest, for which it estimates annual rent more

09.09.2014

Unirea Shopping Center (SCDM.RO) had a turnover of RON37.16 million (EUR8.3 million) in the first half of the year, down 3% on the year, while its net profit halved, to RON1.94 million (EUR434,500). more

08.28.2014

South-African investment fund New Europe Property Investment (NEPI) will open next week the shopping center Vulcan Value Center in the capital city, Bucharest, which is 95% leased, following EUR47 more

08.25.2014

The former shopping center Armonia in Braila, closed in 2009 after a EUR45 million investment and nine months in business due to poor sales, will most likely be turned into a production facility by an more

08.18.2014

German engineering group Siemens invested EUR4.5 million in a new research and development center in the Romanian city of Cluj-Napoca, which will operate under the brand of its subsidiary Evosoft, more

08.14.2014

Property firm Atrium European Real Estate said Thursday its net rental income from the Militari Shopping Center in Bucharest fell 12.3% to EUR3 million in the first six month, due to difficulties more

07.21.2014

Outsourcing solutions provider Computer Generated Solutions (CGS) opened its fourth support center in Romania, in Targu Jiu, where it will hire 100 people in human resources, administration, IT and more

06.26.2014

Sky Tower and Tower Center, Bucharest’s highest office towers, in 2013 generated total revenue worth just EUR2.4 million, though these projects should normally bring rent income worth around EUR12 more