09.25.2013

Orange Romania, the largest mobile telephony operator on the local market, has set up a new company through which it will provide support services to other subsidiaries of the French telecom group. more

09.23.2013

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

09.18.2013

The Adamescu family, which owns Astra Asigurari, Unirea Shopping Center, Rex and Intercontinental hotels and two office buildings in Bucharest, plans to invest EUR55 million in the next two and a half more

09.16.2013

South-African investment fund New Europe Property Investments (NEPI) has bought Severin Shopping Center, developed by Belgian group Bel Rom, and an adjacent plot of land of 2.3 hectares, law firm more

09.02.2013

Romania’s Unirea Shopping Center (SCDM.RO) Monday said its net profit doubled on the year to 3.7 million lei (EUR0.83 million) in the first half, as costs declined faster than revenues. more

08.30.2013

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

08.26.2013

Construction company Octagon, of Greek businessmen Alexandros Ignatiadis and Paschialis Paganias, has won a contract worth about EUR10.5 million to build the first building in the Hermes Business more

08.23.2013

Property firm Atrium European Real Estate said Friday its net rental income from the Militari Shopping Center in Bucharest increased 5.3% to EUR3.4 million in the first half of 2013, from EUR3.2 more

07.29.2013

Sika Romania, the local subsidiary of Swiss group Sika, which produces chemicals for the construction and manufacturing industries, will invest in a technology center in Brasov, central Romania, which more

07.23.2013

Nutrition and weight management company Herbalife opened its second sale center in Romania, located in the central city of Brasov. more

07.22.2013

The five shopping centers owned by Romanian businessman Iulian Dascalu and his office center Palas Iasi generated aggregate rental revenues of EUR30.68 million in the first half of the year. more

07.11.2013

French retailer Cora will open a shopping center in Constanta on July 25, which hosts the retailer’s 11th hypermarket in Romania. more

07.11.2013

Austrian Kapsch is trying to get Romanian companies to store their data in the Kapfenburg bunker built in the ‘40s during World War II, where tank parts were originally set to be built. more

07.09.2013

Chinese IT&C equipment producer Huawei has rented three floors (2,500 square meters) in office building Tower Center in Bucharest, where it is relocating its operations. more

07.09.2013

Bucharest’s shopping centers Sun Plaza, Plaza Mall and Cocor registered aggregate loss of EUR27.5 million last year, higher than the combined profit of Baneasa Shopping City, Cotroceni Park, Unirea more

06.14.2013

The Bucharest Court admitted Thursday an insolvency request filed by Bel Rom Sapte, the firm through which Belgian group BelRom developed a shopping park in Foscani, eastern Romania. more

06.13.2013

DHL Express Romania will open Saturday the first express delivery center in Romania, in shopping mall Baneasa Shopping City. more

06.07.2013

Shopping center Cocor in central Bucharest, which in 2010 sought to establish itself as a luxury shopping destination after an almost EUR25 million renovation, is now looking to reposition itself as a more

06.04.2013

Audit and advisory firm Ernst & Young and Belgian IT company Cegeka rented nine of the 22 floors of Bucharest’s Tower Center in Victoriei Square. more

05.30.2013

Romania’s Unirea Shopping Center (SCDM.RO) registered turnover of 19.9 million lei (EUR4.6 million) in the first quarter of 2013, slightly down on the year, while its profit climbed 3.6 times to more

05.15.2013

Finnish software company Elektrobit has opened its first research and development center in Romania following a EUR0.8 million investment. more

04.29.2013

Romania’s Unirea Shopping Center (SCDM.RO) registered 5.4% higher turnover to 82.8 million lei (EUR18.6 million) and 66% higher profit to RON5.8 million on the year in 2012. more

04.17.2013

A consortium made up of Strabag (Austria) and ED Zublin (Germany) Wednesday won an auction to build scientific research center Extreme Light Infrastructure - Nuclear Physics (ELI-NP) in the southern more

03.27.2013

Romania will invest around EUR10 million in the construction of a Regional Center of Excellence for Creative Industries and IT in the northwestern Cluj county, for the production of movies. more

03.20.2013

Office building Evo Center One in Pipera, owned by Romanian businessman Dinu Patriciu, will be auctioned off in April at a starting price of EUR1.45 million. more