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Plaza Centers secures financing for Timisoara Plaza

Plaza Centers secured funding for 65 percent of the development costs for Timisoara Plaza. Construction could start by the end of the year.

AFI Europe receives EUR 39 mln loan for AFI Park 4&5 in Bucharest

AFI Europe has signed a financing agreement totalling EUR 39 million for finalizing the construction of AFI Park 4&5 office buildings, say company representatives.

Techno Office recommends: 4 interior decorations that will refresh an office space

According to Techno Office, one of the main local providers of solutions for office space furnishings, one can obtain a pleasing office even without a sophisticated decor. With a boost of creativity, any work space can overcome triviality and become a support for the staff and a delight for visitors.

Bucharest’s Presei Square underpass inaugurated

The underpass in Presei Square has a length of approximately 800 meters, two entry points and one exit, and was opened to traffic following the completion of the construction works that had a cost of RON 60.4 M.

IT company Luxoft hires 100 and plans to open centre outside Bucharest

IT services provider Luxoft Romania, one of the top 10 players in the local software market, has over 100 open positions and will hire at least 100 people, according to Bogdan Pelinescu, the company’s general manager.

Practic plans to invest in office, residential and retail spaces in Bucharest

Practic Bucharest, a Romanian real estate player, aims to expand its assets on the property market, according to a company's release.

Three Romanian entrepreneurs join forces in real estate business

Ionuţ Dumitrescu, Johny Jabra and Geo Mărgescu, three entrepreneurs who sold to foreigners properties in Romania exceeding EUR 100 million are now putting together their assets in order to entry the competition with real estate giants. They aim offices and residential developments.

Romanian employees work the most in the EU

Romanian full time employees worked the most hours of all the employees in the European Union, some 41 hours a week, on average, according to a report by the European Foundation for the Improvement of Living and Working Conditions (Eurofound).

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