01.23.2012

The past ten years have seen the construction of 50 large business centers and of office buildings covering 10,000 square meters each, where over 100,000 employees of the largest banks and more

01.06.2012

Romania's National Contestation Resolution Council (CNSC) and Bucharest Court of Appeals have decided to cancel an auction held by the Romanian Lottery for the construction of an employee training more

12.29.2011

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

12.08.2011

Inditex, the largest player on the local fashion market, with overall turnover of around EUR100 million last year, ends the year with Friday’s opening of the Stradivarius store on the ground floor more

11.24.2011

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

11.24.2011

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

11.23.2011

SAP Romania launched Wednesday an IT consultancy center for the clients of German group SAP in Europe, the Middle East and Africa, and it plans an investment of EUR30-40 million in the unit. more

11.21.2011

The founders of Austrian real estate consultancy Krammer & Wagner, who brought tenants to shopping centers such as Bucharest’s Militari Shopping and Constanta’s Maritimo, said at least ten more more

11.16.2011

Electronics retailer Altex will launch Thursday a shopping center in central Romania, developed by the group's real estate division Cometex following an investment of EUR4 million, funded from the more

11.02.2011

Bucharest’s historic center is dominated by restaurants, coffee shops and bars, which occupy more than half the available spaces, whereas fashion stores, which tend to dominate the centers of the more

10.05.2011

Realty developer Willbrook International launched Wednesday the Willbrook Platinum center for business and conference, in northern Bucharest, following an investment of EUR100 million. more

09.28.2011

Private healthcare provider Medicover Romania launched Wednesday an advanced diagnostics center in Bucharest, following an investment of some EUR500,000. more

09.27.2011

The newest “battles” on the Romanian retail market will be fought in Arad, Oradea and Constanta this autumn, where new malls are set to be opened. Four consultants inquired by ZF say, though, that more

09.26.2011

Romania's Foreign Ministry as of Monday has a Consular Crisis Center, a structure designed to help Romanians in danger while abroad through a Rapid Reaction Unit, that will provide temporary more

09.06.2011

K&S Development, which develops Electroputere Parc shopping center in Romanian southern city Craiova, have expanded the center by more than 16,000 square meters, to 71,000 sqm, following increased more

08.23.2011

Intel, the world’s largest computer chip maker, appointed Monica Ene-Pietrosanu as country manager of the software research and development center it launched in Bucharest in November last year. more

08.17.2011

Unirea Shopping Center (SCDM.RO) on Wednesday said its first half net profit dropped to 2.58 million lei (EUR606,000), from RON5.7 million in the same interval of 2010. more

08.11.2011

London-traded Argo Real Estate Opportunities Fund (AREOF) has a capitalization of just EUR15 million, but is about to become the largest owner of shopping centers in Romania, after acquiring the ERA more

08.10.2011

Romania’s Ministry of Regional Development and Tourism will build a multipurpose sports center in capital Bucharest by 2013, which will seat 16,000 people and cost 260 million lei (about EUR60 more

07.28.2011

Cora, one of the most aggressive retailers in the last few years on the Romanian market, plans to open a small mall in Bucharest, which will also host a Cora hypermarket. more

07.19.2011

China Town Romania, owned by Chinese investors, opened a shopping center Tuesday in Afumati, near capital Bucharest, following a EUR27 million investment. more

07.07.2011

Swedish clothing retailer H&M will launch this fall a store in southeastern Romanian city Constanta, in the Maritimo Shopping Center developed by Austrian investment company Immofinanz. more

06.28.2011

The American Cultural Center will leave its villa on Dumbrava Rosie Street in central Bucharest this September, where it has been operating in the last six years, to move to Baneasa. It will leave the more

06.17.2011

Romanian Shopping Center Holding, a company owned by businessman Gabriel Popoviciu, Friday said it will launch this fall the Oradea Shopping City mall, following an investment of EUR50 million. more

06.13.2011

US-held Computer Generated Solutions, provider of call center services, which already has nearly 2,000 employees in Bucharest and Brasov, will open a new office in Sibiu, central Romania, where it more