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Orhideea area, next office development pole in Bucharest

On the plots of the former industrial platforms in central-western Bucharest, offices will be developed for 20,000 employees.

Over 100 Italian companies come to Romania monthly

Over 100 Italian companies come to Romania each month, said Italian Foreign Minister Paolo Gentiloni.

Residential and office developers, new engines of land transactions

„Retailers will be less active“

Romania aims to increase number of small and medium firms by 40%

The Romanian state wants to grow the number of small and medium-sized enterprises (SMEs) by over 40% until 2020, according to the National Strategy for SME Development 2020.

South-African fund Investec owns 5 pct. of the owner of Promenada and Mega Mall

Investment fund Investec Asset Management reached 5 pct. shares in real estate fund New Europe Property Investments (NEPI), the owner of the commercial centres Promenada and Mega Mall in Bucharest and of other assets such as office buildings and retail projects.

Prodvinalco develops EUR 5 million real estate project in downtown Cluj-Napoca

The construction will be completed in the end of 2016.

Americans started shopping in Romania

The reduction of interests and bonds’ yields has determined the investors to pump money in riskier assets. The Americans are headliners in Europe and for the first time, the Romanian market is accessed by the largest funds in the US.

Romania allocates EUR 100 million to SME Initiative

The Romanian government decided to allocate EUR 100 million from the 2014-2020 Regional Operational Programme (POR) towards the SME Initiative, according to European Commission (EC) officials.

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