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Chances up for Romania’s Schengen accession this year, says president

President Klaus Iohannis believes there are chances, but not certainties, for Romania to be accepted in the Schengen area this year, according to Agerpres.

DTZ Echinox appoints new head of property management department

Mihaela Petruescu is the new head of the property management department of DTZ Echinox.

Romania, an outsourcing attraction for international companies and Romanian entrepreneurs

Romania is one of Europe’s most important destinations for business services investors, such as BPO, ITO or SSC suppliers, a sector worth currently roughly 1.2 billion Euro, with more than 60,000 employees. Although registering constant growth on the local market in the past few years, the business services industry experiences several challenges that hinder its proper development.

GTC plans to invest EUR 33 mln in two real estate projects in Bucharest

Polish real estate developer Globe Trade Centre (GTC) aims to draw from shareholders at least EUR 144 million through a capital increase to finance new investments, including two projects in Bucharest, valued at about EUR 33 million.

5,000 apartments to be built in South Bucharest by 2016

Several Romanian investors want to develop by next year 5,000 apartments in the South of Bucharest, for the first phase having been bought plots of about 15 hectares, and the first blocks will be available for sale this year.

First IT&C cluster in Bucharest launches officially

Different Angle, the first IT&C cluster in Bucharest has officially launched with the mission to promote innovation, education and development among SMEs in the Bucharest area.

Number of construction permits up 4.3 pct in first two months of 2015

In the first two months of the year, 3,923 building permits have been issued for residential buildings, up 4.3 percent compared to the same period of 2014, increases being recorded in the South-East, North-West, Bucharest-Ilfov, South-Muntenia and North-East, according to the National Statistics Institute (INS).

AFI Europe celebrated the opening of the 3rd building in the office project AFI Park

AFI Europe celebrated on Wednesday the opening of the 3rd building in the award winning office project AFI Park.
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