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

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