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Romania’s economy up 3.7% in the first half

Romania’s GDP increased by 3.7% as gross series in the first half of this year, compared to the same period in 2014, and by 3.8% in seasonally adjusted terms.

Analysis: the investors scared by Greece and by the volatility of China can look towards Romania

The investors worried by the evolution of the markets recently should look towards Eastern Europe and especially towards Romania in order to find a refuge in the context of the volatility of the stock exchange in China and the crisis of the debts of Greece, according to the analysts consulted by CNBC. ‘ Central Europe and Romania look even a bit attractive’ stated Charles Robertson, the head economist at the investment bank Renaissance Capital, concentrated on emerging markets.

Romania’s H1 foreign direct investments at 1.66 bln euro, up 40pct y-o-y

Direct foreign investments in Romania stood at almost 1.66 billion euro in the first six months of this year, by almost 40 per cent over the 1.19 billion euro recorded in the similar period of last year.

Economic expectations for Romania see highest improvement in CEE in August, shows survey

Economic expectations for the Romanian economy posted the highest improvement in Central and Eastern Europe (CEE) this August, according to a survey by the Mannheim Centre for European Economic Research (ZEW) and Erste Group Bank.

Globalworth reached over EUR 800 million real estate assets

Real estate developer Globalworth, founded and controlled by Ioannis Papalekas, reached in the end of the first semester a real estate portfolio evaluated at nearly EUR 809 million, with 12.7 pct increase compared to the end of the first quarter, following the completion of the acquisition of an office building within the Green Court project, developed by Sweden’s Skanska.

Mecanica Fina brings real estate assets to Stock Exchange

Romanian company Mecanica Fina Bucuresti moved to the Bucharest Stock Exchange's main market from the over-the-counter market Rasdaq on August 12.

Constructions bloom during 2015 summer in spite of residential drought

June 2015 indicated a 13.5 percent (adjusted series by the number of working days and by seasonality) increase in the volume of construction works against the corresponding month of the previous year, show latest data by the National Institute for Statistics.

4 new players in top 10 largest real estate companies in Romania

According to a RisCo.ro top covering real estate transactions, when looking at 2014 against the previous year, companies either increased their turnover or left the top altogether, which indicates an upward trend for the industry.
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