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Bosch to open new research and development office in Cluj in 2015

Germany’s Bosch on Wednesday said it will open a new office in Cluj-Napoca (north-western Romania), at the beginning of 2015, where it will develop software solutions for new products.

Prices of Bucharest flats, down by 4% from 2013

The prices of Bucharest flats have decreased in the past year by 4%, with the largest decline having been recorded for 4-room flats, which had an average price of 88,731 Euros in November 2014, by some 4,000 euros less than 12 months ago, reads a survey issued on Tuesday for Agerpres.

Bucharest blazes ahead of all other European capitals with its broadband speed

Bucharest is leader of the pack in a ranking of European capitals based on the average Internet connection speed.

Romania had biggest economic growth in EU after third quarter

Romania’s economy advanced the most this year at the end of the third quarter, compared to the rest of EU’s member states, according to the second Eurostat estimate published on Friday.

The Advisers/Knight Frank signs the relocation of Honda to Global City

The Advisers/Knight Frank, leader of the office market for the past 5 years and recently awarded „Office Agency of the Year” at the CIJ Awards 2014, has advised on the relocation of Honda Trading Romania in Global City.

Kaufland Romania opens unit in Slatina; reaches 102-store network

Kaufland has opened a new hypermarket in Slatina (Olt county), it second store in this town and the 102-nd at a national level, according to an announcement from the retailer.

Auchan Drumul Tabarei to open on Wednesday

French retailer Auchan will open its Drumul Taberei hypermarket on Wednesday, marking the 7th unit in Bucharest and the 32nd for the entire network, according to a press release from the company. The new unit in Bucharest is the result of a EUR 70 million investment.

Globalworth buys office building Nusco Tower and nearby terrain for EUR 50 mln

Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, on Monday announced the acquisition of office building Nusco Tower for EUR 46 million and of the nearby 2,400 square meters land plot Nusco Land for another EUR 4 million.

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