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Logistics solutions supplier CHEP Romania relocates to Floreasca Tower

CHEP Romania, local subsidiary of the worldwide leader in pallets rental solutions, part of the Brambles group, relocated in the first quarter of this year to the office building Floreasca Tower.

Forte Partners to complete lease of the office project in Ştefan cel Mare by September

The construction of the office project on 8,000 sq. m, an investment of EUR 10 million, developed by Forte Partners on Tunari St. in Bucharest, near the crossroad with Ştefan cel Mare road, is in the last phase of its development.

Ministry of European Funds to launch acquisition procedure for the rental of new headquarters

Ministry of European Funds (MEF) launched on Wednesday the procedure of public acquisition for office rent services.

Napochim Imobiliare Cluj-Napoca to demolish nine buildings and to take 8 million loan

Shareholders of the real estate developer Napochim in Cluj-Napoca (NACH) decided to demolish nine buildings on Someşului St. in din Cluj-Napoca. The company also decided to take a loan of 8 million lei from Ax Perpetuum Impex, main shareholder of the company.

NEPI’s Shopping City Piatra Neamt set to open by the end of 2016

Developer New Europe Property Investments (NEPI) announced the start of construction works for its latest 33,000 sqm project, Shopping City Piatra Neamt.

Intel shuts down its R&D center in Bucharest

US technology company Intel will close its research & development center in Bucharest, which has been operational since 2010, according to sources quoted by Ziarul Financiar.

Romania’s GDP growth could reach 4.7% in 2019

Romania’s GDP growth will accelerate from 4.2% this year to 4.7% in 2019, according to the spring estimates released by the National Prognosis Commission. The GDP would thus reach about EUR 200 billion in 2019.

Electromontaj Sibiu puts on sale eight properties in Romania, due to losses

Electromontaj Carpaţi Sibiu (ELJA), a company in the field of energy constructions, sapproved the sale of eight properties in Romania, the decision being taken considering the company’s economic-financial situation.

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