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Romania’s FDI up 45 pct in first two months y-o-y

Foreign direct investment (FDI) in Romania totaled EUR 409 million in the first two months, up 45 percent against last year’s similar period, of which equity (including estimated net profit) amounted to EUR 358 million and intercompany lending to EUR 51 million, reads a press release issued on Friday by the National Bank of Romania (BNR).

Real estate transactions amount to EUR 30-40 mln in Q1, says DTZ

The transactions with offices, shopping centers, logistics parks, plots of land totaled in the first quarter EUR 30-40 million, a level similar to the one recorded in the same period of 2014 of EUR 270 million, if excluded the intragroup acquisitions made last year by businessman Ioannis Papalekas.

Profitability and Operating Costs Reduction/Innovative Technologies – an event which became an important landmark for the constructions sector in Romania

The 4th edition of the Conference organized by “Masini si Utilaje pentru Constructii” included in the campaign for the re-launching of the constructions market in Romania took places on April 2nd 2015 in Bucharest, Hotel Caro.

Bucharest attracts 70 pct of Romania’s total real estate investment volume in 2014

Romania’s total real estate investment volume last year exceeded EUR 1.3 billion, up 4.3 times against 2013. According to DTZ’s Property Times Romania Investment 2014 report, this is the largest investment volume recorded since 2008 and the second highest ever recorded in Romania. Approximately 70 percent was registered in Bucharest.

Israeli real estate developer invests EUR 20 mln in new Bucharest residential compound

Gindi Group, one of the largest real estate developers in Israel, will invest EUR 20 million in GViTown, a new Bucharest residential compound located in the Mihai Bravu area.

Esop: More and more companies are renting office villas

In the first quarter of the year the number of transactions with villas rented for offices has increased with approx. 43 pct compared to the similar period from 2014, but the average area rented has decreased with 36 pct., to 265 sq. m.

Romania’s retail trade records largest decline in the EU

The volume of retail trade in Romania dropped by 1.4% in February compared to the previous month. It was the biggest decline recorded in the EU, according to EU’s statistical office Eurostat.

62 pct of foreign investors expect revenues to go up

In their effort to provide further input the Foreign Investors Council (FIC) developed its business sentiment index to bring its members assessment of their expectations of results of operations and growth expectations, capital investment outlook for the coming year, attractiveness of Romania compared to other similar geographic locations of their respective group companies, workforce plans and administrative, legislative and fiscal environment when conducting their businesses, reads a press release issued on Wednesday.

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