03.19.2013

Business software solution provider SAP Romania has opened a premium consulting services center in Timisoara, western Romania. more

03.18.2013

British telecommunications company Vodafone’s network operations in seven European countries, including Romania, will be monitored and administered starting April 1, 2013 by a network operations more

03.13.2013

Property firm Atrium European Real Estate on Wednesday said its net rental income from retail park Militari Shopping Center in Bucharest declined 2% to EUR6.4 million on the year in 2012, due to more

03.12.2013

Israeli-held real estate developer GTC bought a minority shareholder out of three Galleria malls for EUR1. more

01.31.2013

Software solutions and services provider iQuest has opened a software development center in Craiova, southern Romania, which will employ 40 IT specialists by the end of the year. more

01.15.2013

Shopping center developer AFI Europe said Tuesday it obtained financing of over EUR30 million from Raiffeisen Bank International Group to complete a shopping center project in Ploiesti, southern more

01.08.2013

German utility E.ON Tuesday opened a new business service center in Cluj-Napoca, northwest Romania, which will provide mostly accounting services to the group’s global units. more

01.04.2013

Shopping center Grand Arena in southern Bucharest went insolvent at the end of last year as a result of the petitions of three construction companies. “We don’t owe a single leu,” say the owners more

12.07.2012

Echo Investment, controlled by billionaire Michal Solowow, the third richest man in Poland, has announced the start of works on the EUR100-million Korona Brasov mall, for which it bought land in the more

12.06.2012

Unirea Shopping Center in Bucharest will be connected to the most transited subway station of the city via an underground shopping gallery. more

11.28.2012

Romania’s call center outsourcing market will reach around EUR200 million in 2012 due to extending call center operations in Romania towards foreign clients, according to estimates by the Romanian more

11.27.2012

Romania’s Unirea Shopping Center (SCDM.RO) on Tuesday said its turnover rose 9% to 61.6 million lei (EUR13.9 million) and its profit surged 60% to RON1.6 million (EUR365,000) on the year in the more

11.26.2012

The malls own by Romanian businessman Iulian Dascalu recorded a cumulated turnover of almost EUR40 million in the first nine months of the year. more

11.21.2012

Businessman Ovidiu Sandor, developer of City Business Center project in the western Romanian town of Timisoara, completed the fourth building of the business park, in a EUR10 million investment more

11.12.2012

Bucharest could have a new modern business center in the Barbu Vacarescu-Floreasca area, which could turn into an area to be avoided by drivers because of heavy traffic. more

10.23.2012

Israeli IT solutions and services provider Ness Technologies said Tuesday it has opened a development center in Iasi, northeastern Romania, as part of its Software Engineering Services (SES) global more

10.18.2012

Austrian steelmaker voestalpine has inaugurated in October its new EUR20 million steel center in Giurgiu, southern Romania, the company said in a statement. more

10.15.2012

Italian company Immobiliare Grande Distribuzione (IGD) will invest EUR12 million in modernizing the 15 Winmarkt shopping centers it owns in Romania, and plans to sell one of them and an office tower more

10.09.2012

Romania is rated 9th globally amongst preferred destinations for investments in projects targeting customer contact centers over the period between 2008 and 2012, which created nearly 11,500 jobs on more

09.25.2012

Only one mall is expected to open on the local market by yearend, the Ploiesti Shopping City, an investment of EUR65 million. more

09.21.2012

Telus International, a provider of outsourcing services, signed a deal to buy the controlling interests in Call Point New Europe last week, thus entering Romania’s call center market on which the more

09.18.2012

Polish real estate developer Echo Investment said Tuesday it will soon start the construction of shopping center Korona in Brasov, central Romania. more

09.11.2012

Israel-based Ceragon Networks opened a telecom research and center in Bucharest, in which it invested over $1 million, general manager Ira Palti told a news conference Tuesday. more

08.23.2012

Romania’s Unirea Shopping Center (SCDM.RO) ended the fist half of 2012 with sales of 41.4 million lei (EUR9.2 million), up 10% on the year, while its profit dropped 32%, to RON1.8 million. more

08.07.2012

Liberty Center in capital Bucharest has been auctioned off Tuesday for EUR60 million and the buyer is firm Rosequeens Properties, owned by Rosequeens Properties Limited, registered in Cyprus. more