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Historical building in downtown Bucharest to be sold at auction

The Palace of the Chamber of Commerce in Bucharest, which was inaugurated in 1911, will be sold at an auction.

Financial analysts’ confidence in the Romanian economy goes up

The financial analysts’ confidence in the Romanian economy increased in September compared to the previous month. This was due to the current economic conditions, according to the CFA Romania macroeconomic trust indicator.

Romanian M&A market increases 250 pct y-o-y during H1 2015, says EY

The Romanian M&A market recorded the most significant increase among the 11 countries in Central and South East Europe (CSE), with estimated total value of transactions going from USD 0.6 billion in H1 2014 to USD 2.1 billion in the first half of 2015, according to the latest study by EY, the M&A Barometer.

Portland Trust gets EUR 77.1 million loan from BCR for the first phase of Oregon Park

Shareholders if the company Portland Trust, founded and controlled by the British businessman Robert Neale, decided to borrow EUR 77.1 million from BCR for the construction of the first office buildings within Oregon Park project in development on the former industrial platform Pipera.

Immofinanz to let a third of the first phase of LOG.IQ Bucharest

Immofinanz, one of the major real estate investors in Romania, announces pre-lease contracts in LOG.IQ Bucharest, the company’s newest logistic project in Mogosoaia.

Two new subway sections in Bucharest to be completed at the end of 2016

Bucharest’s underground system will have two new metro sections at the end of 2016.

Lidl opens 189th store in Romania

Lidl opens on October 29 a new store in Cluj, taking its network to 189 units in Romania.

Turkish investors build residential project on former industrial site in Bucharest

Several Turkish businessmen will invest EUR 48 million in a residential project with 1,300 homes in Bucharest.

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