01.26.2021

Spanish real estate developer Gran Via wants to also continue in 2021 the extension of the Aviatiei Apartments project in capital Bucharest and the Gran Via Marina project in the city of Constanta, more

01.22.2021

Fast moving consumer goods giant Unilever is developing its operations in Romania despite the COVID-19 pandemic, announcing Romania is a very important market for the group. more

12.29.2020

Office space remains the main attraction in real estate in Romania. The modern office space stock in the country has doubled from 1.5 million to almost 3 million square meters in the past decade, more

12.16.2020

German discount grocery retailer Lidl has opened 33 stores, either built from scratch or relocated this year, nearing 300 stores in Romania. It will continue expansion in 2021, as well. more

12.14.2020

Impact Developer & Contractor (IMP.RO), a real estate developer held by businessman Gheorghe Iaciu, is delivering the second development phase of the Luxuria Residence complex in Bucharest’s more

12.10.2020

Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, on Thursday said it started construction works on its H Eliade 9 Residence luxury residential project located in the more

12.03.2020

Real estate developer Hagag Development Europe has selected Global Vision to provide property management services for its H Pipera Lake residential project. more

12.03.2020

Unicarm, the largest entrepreneurial company in Satu Mare and one of the largest actors on the meat market in Romania, has invested EUR12 milion to EUR13 million in development this year, despite the more

10.27.2020

McDonald’s restaurant chain will continue development in Romania in 2021, but the figures depend on the pandemic, says Paul Dragan, who took over as CEO from Daniel Boaje this summer. more

10.16.2020

French-held Carrefour group, whose online operations include the Bringo delivery service and an online store, has hired Ioana Ilie-Dobre, the former country manager of Uber Eats. Uber Eats decided to more

10.15.2020

The software development center of Dutch ING Group in capital Bucharest has reached 1,000 employees after hiring 200 IT experts in 2020, and plans to continue hiring in the coming months. more

09.03.2020

South-African investment fund NEPI, the biggest shopping mall owner in Romania, said it was willing to buy the 46-hectare land at Romexpo in Bucharest, which the parliament assigned for free to the more

09.03.2020

Life is Hard (LIH.RO), a software solutions provider listed on the Bucharest Stock Exchange, has contracted a loan of RON1 million from Banca Comerciala Romana (BCR), with a view to developing new more

08.27.2020

Whereas no cities around Bucharest had more than 1,000 new homes delivered in 2018, Bragadiru overshot this mark last year. Like Bragadiru, other satellite cities of Bucharest are on the rise, more

07.27.2020

Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, said Monday it has secured a building permit for its H Eliade 9 Residence luxury residential project located in the more

07.16.2020

Amazon Development Center, owned by US online retail giant Amazon, which operates several tech centers in Bucharest and Iasi in Romania, had a turnover of RON321.3 million in 2019, up 34% on the year, more

05.28.2020

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05.20.2020

Real estate developer Rock Development started works in March on its EUR30 million Avrig Park Residence project locate din the Bucur Obor area in Bucharest. more

05.12.2020

The COVID-19 revealed even better how the economic ties between Romania and the major countries of the EU work: Romania exports grain and imports finished products. First by corn production in the EU more

04.30.2020

Real estate developer One United Properties has signed more than EUR5 million worth of contracts to sell apartments in the past month alone. Even though home buyers’ appetite dropped quite a lot in more

04.29.2020

Element Industrial, a Romanian-owned developer of logistics space, continued buying land for future logistics warehouses as demand for such space remains high. more

04.01.2020

Sales of homes were put on hold a few weeks ago as people are spending more time in their homes and cannot go see homes and there are uncertainties about the economic situation after the COVID-19 more

03.31.2020

Grocery retail chain Profi held by buyout investor Mid Europa Partners will continue to open new stores at the pace set at the beginning of the year, despite the pandemic and announced it would keep more

03.25.2020

The Black Sea Trade and Development Bank said in a statement it intends to refocus its financing of approximately EUR900 million, planned for new operations in 2020, to assist the sectors and more

02.21.2020

Romania's interim economy minister Virgil Popescu issued a permit Friday allowing geotechnical investigation for the offshore Midia gas project developed by Black Sea Oil & Gas. more