01.19.2015

AFI Europe started the expansion and reorganization of the spaces in AFI Palace Cotroceni shopping center, the company said in a statement. more

01.15.2015

Europe House office building, owned by Austrian group CA Immo, reached an occupancy rate of 97% after software company Arnia rented 1,550 square meters, in a transaction brokered by DTZ Echinox. more

11.19.2014

AFI Palace Cotroceni and Ploiesti shopping malls and the first two office buildings in AFI Park in Bucharest generated net operating income of over EUR27 million in the first nine months of 2014, were more

10.16.2014

Romanians spend around EUR300 annually on packaged food, twice as little as Croatians or Estonians, who rank first in Eastern Europe, reveals a ZF survey based on data provided by Euromonitor company more

09.23.2014

Lukoil Europe Holdings BV, the majority shareholder of Petrotel-Lukoil refinery, will increase the refinery’s share capital by 153.7 million lei (EUR35 million), to RON455.3 million. more

09.16.2014

Credit Europe, the local subsidiary of the financial group controlled by Turkish billionaire Husnu Ozyegin, ended the first half of this year with a net loss of EUR6.1 million (the equivalent of RON27 more

09.11.2014

Lukoil Lubricants East Europe, part of Russian oil group Lukoil, has launched several types of motor oil for vehicles running on gasoline and liquified petroleum gas (LPG) and targets RON860 million more

09.09.2014

Romanian lender BCR has granted a EUR32 million loan to AFI Europe for the completion of works on a second and third office building in the developer's AFI Park office compound in Bucharest, the lend more

06.25.2014

The low interest rates on bank deposits across Europe could prompt depositors to move their money into real estate assets, which in turn might lead to a new speculative property bubble, Romanian more

06.04.2014

The sales of the B-Max model made in Craiova, southern Romania, fell 9% in the first quarter of the year to less than 16,900 units in Europe, on a small multipurpose vehicle (MPV) market that grew by more

05.13.2014

Investor confidence in Central Europe has continued its ascent and is now approaching levels not seen since the region’s peak period between 2003 and 2007, according to the latest Deloitte CE more

05.09.2014

As the European Union celebrates Europe Day this Friday, ZF has identified a number of indicators showing where Romania stands compared with the other European Union members. more

03.28.2014

The number of investors operating on the real estate market of offices, shopping malls, logistics and retail spaces is falling as a series of new projects are being delivered and the arrival of new more

03.12.2014

Real estate developer AFI Europe Wednesday reported net operating income of EUR28.7 million in 2013 from AFI Palace Cotroceni mall in Bucharest, up 6.5% on the year, while tenants’ sales rose 4.3% more

01.21.2014

Financing remains difficult even for good projects and experienced real estate developers, David Hay, Chief Executive Officer of the Romanian subsidiary of Israeli real estate developer AFI Europe, more

11.20.2013

Retailers in shopping center AFI Palace Cotroceni (Bucharest) registered sales of EUR145 million in the first nine months of 2013, up 5.3% on the year. more

11.11.2013

Israeli real estate developer AFI Europe Monday announced it rented 11,700 square meters to U.S. video game company Electronic Arts in AFI Park 2, the second building of office compound AFI Park in more

10.27.2013

Toshiba Transmission and Distribution, a subsidiary of Japanese corporation Toshiba, is building two photovoltaic parks in Brasov county, central Romania, for Luxembourg-based Energreen Investment more

10.07.2013

Romania’s carmaker Dacia, owned by French group Renault, registers the highest market shares in Romania, Bulgaria and the Republic of Moldova, according to ZF calculations based on data by European more

09.16.2013

Credit Europe Bank Romania, a unit of Dutch-registered Credit Europe Bank, has appointed Yakup Cil as chief executive and chairman of the board, the lender said in a statement Monday. more

09.08.2013

Credite Europe Bank Romania will increase its share capital by 88 million lei (EUR20 million) to RON763 million from RON675 million. more

09.03.2013

Romanian carmaker Automobile Dacia went from planned layoffs to a 20% increase in production in only seven months this year, as its sales in Europe rose more than 17% despite a 7% decline in the auto more

08.26.2013

Israeli real estate developer AFI Europe is in negotiations with several banks to refinance a loan worth EUR234 million taken out in 2007 from Hypo Real Estate Bank to develop shopping center AFI more

07.23.2013

Romanians go to malls to shop and spend their spare time and this trend has started to also take shape in Western European countries where people mainly go to malls for shopping, according to Austrian more

07.17.2013

Romanian carmaker Dacia’s registrations went up 17% in Europe in the first half compared with the year-ago period to more than 144,000 units, according to the European Automobile Manufacturers' more