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Office Market News

Five storeys office building developed downtown Bucharest

Downtown Centre, company controlled until recently by several shareholders including Romanian Andrei Hrebenciuc, is developing an office building in the heart of Bucharest, in the vicinity of the Romanian Television headquarters, on 33A Calea Dorobanţilor St.

Qfort to invest EUR 4 million in offices and showroom near its factory in Pieleşti, Romania

Windows manufacturer Qfort is developing an office building and a showroom near its factory owned in Pieleşti, Dolj county. The company’s total investment reaches EUR 4 million, the space hosting 300 employees.

Ministry of EU funds cancels relocation plan to another HQ

The Ministry of EU funds (MFE) decided to cancel the procedure of contract attribution for renting a new office because “there were presented only non-agreeably and unacceptable offers,“ according to Agerpres.

Moneycorp opens office in Victoria Center in Bucharest

Moneycorp, a UK-based foreign exchange and payment services company, has opened a full branch in Romania. The branch is located in Victoria Center, on Calea Victoriei.

Romania, second largest construction works increase in EU

Romania is placed on the second place in EU regarding the increase of the construction works in May 2016, compared to the same month of the last year, up by 7.5 percent, being surpassed only by Sweden, with 14.4 percent, according to the data presented on Tuesday by the European Statistical Office (Eurostat).

New player on the IT market: RES opens office in Bucharest

RES, a major player specialised in the creation, automation and securing of digital work spaces, has opened a Research&Development center in Bucharest in the presence of company CEO Al Monserrat, CFO and founder Bob Janssen and Alina Sandru, Director – Software Engineering Operations Romania.

Outsourcing service provider rents offices in Green Court Bucharest

Capgemini, a local company which specializes in providing consultancy, technology and outsourcing services, has rented office space in the third building of the Green Court Bucharest building from real estate developer Skanska.

Romanian real estate investment volumes up 80% in the first half of the year

Romanian real estate investment volumes went up 80% year-on-year in the first half of 2016, reaching an estimated EUR 340 million, according to real estate consultancy company JLL. In the first semester of 2015, the real estate investment volumes stood at EUR 187 million.

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