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Belgian developer gets EUR 30 mln refinancing for office building in Bucharest

Belgian real estate developer Atenor received a EUR 30 million loan to refinance an office building in northern Bucharest.

Chinese company starts works at residential project in Craiova

Prime Minister Victor Ponta and Chinese Ambassador Xu Feihong attended on Tuesday the opening of a works site in Craiova, where a Chinese company builds a residential neighbourhood.

Dutch, Austrians and Germans, most important investors in Romania

Number of companies with foreign capital participation stood at 200,000 at the start of 2015

MetroCity Academiei to be completed next year following EUR 10 mln investment

Real estate developer with domestic capital Construct Aprodex will invest approximately EUR 10 million in MetroCity Academiei, a residential project located near the Military Academy in Bucharest.

Strabag to construct first two office buildings of Oregon Park project in Pipera

Austrian group Strabag, which became in the last years the largest player on the local construction market, will build the first two office building of the project Oregon Park in northern Bucharest, an investment of Portland Trust, group controlled by British Robert Neale.

Romania’s mergers and acquisitions market exceeds EUR 400 mln

The mergers and acquisitions (M&A) market in Romania exceeded EUR 400 million in the first quarter of 2015.

PM Ponta: Gov’t to decide on VAT cut by 4 per cent these days

Prime Minister Victor Ponta said Monday that the Government will these days decide on the cuts in the Value-Added Tax (VAT).

Green City residential assembly is put up for sale for EUR 20 mln

Green City residential complex, developed by the Green City Construct company, controlled by businessman Dumitru Bucsaru, was put up for sale by the judicial liquidator, who sells over 200 villas and the afferent land, individually or wholesale, in the latter case the price being set at EUR 20 million.

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