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Romanian entrepreneurs to develop 100,000 sq. m outside Bucharest

Real estate developers will complete this year in Iaşi, Cluj, Timişoara, Târgu-Mureş and Braşov ten office buildings with a total rentable area of approx. 100,000 sq. m, the investments being made mainly by Romanian businessmen, according to a study made by ZF.

Aurelian Dochia: at present, Romania is in the best context over the last 6-7 years

Romania is among the European countries which managed to correct the imbalances accumulated before the crisis, its performance is good in the present European context, but not as good as regards the convergence towards the living standard of the EU countries, considers the economic analyst Aurelian Dochia.

Real estate consultant NAI Romania relocates to EKA Business Center and expands in the province

NAI Romania relocates its activity starting 1st of March to the office building EKA Business Center. Moreover, the company opens a branch in Ploiesti and plans to increase the number of employees by the end of 2015.

Romania net investments 3.1 pct down in 2014

Net investments in the national economy dropped last year by 3.1 percent as compared to 2013 to RON 65,59 billion (EUR 14,77 billion), according to the National Statistics Institute data.

Demand for investments in residential projects, up 30% in Bucharest

The demand for residential projects with commercial purposes in Bucharest increased in the second half of 2014 by 30% year-on-year.

Retail turnover increases by 6.3 pct in January y-o-y

The total retail turnover (excluding car sales) increased in January compared to the same month a year ago by 6.3 percent in gross series and 6.8 percent in adjusted series, according to data from the National Institute of Statistics (INS).

Romania’s Iasi Airport gets new terminal worth EUR 11 mln

Construction work on Iasi Airport’s new terminal kicked off on Monday, March 2, with an investment worth EUR 11 million.

Cyprus-based Mentor Group Holdings wants to invest EUR 75 mln in Romanian real estate

Cyprus-based company Mentor Group Holdings wants to invest some EUR 75 million in Romania through its real estate division Mentor Group Investments in project development and financing solutions, the company has announced in a press release.

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