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Artemis Real Estate is developing five projects near Timisoara

Swiss group Artemis Real Estate, local division of Artemis Holding, announced on Thursday it is developing 5 projects near Timisoara, on a 128 ha piece of property. The projects include industrial and residential buildings.

Eurostat: Romania, steepest drop in construction works

Romania has registered the most significant decline in construction works within the European Union in July 2014, compared to the same period last year, according to the data presented on Wednesday by the European Statistics Office (Eurostat).

DBH Group Reveals New Expansion Plans to Mark 20 Year Anniversary

The Group reaches a 20-year milestone next month, which it plans to mark in style with an extravagant party in Budapest, onboard the biggest event boat in Central and Eastern Europe.

Austrian companies invested EUR 10.9 billion in Romania

The investments of Austrian companies in Romania totalled EUR 10.9 billion, representing 18.5% of total foreign direct investments in the country, according to Rudolf Lukavsky, Commercial Counsellor at the Austrian Embassy in Bucharest.

Romanian court approves large construction company insolvency

The Bucharest court has recently approved the insolvency request for Romanian construction company Tehnologica Radion, whose owner, Theodor Berna, is currently under preventive arrest for tax evasion and money laundry.

EY study: Romanian businessmen growing more pessimistic

Romanian businessmen have become more pessimistic in the last 8 months about business growth this year, according to a study from Ernst & Young.

TriGranit sells Millennium Gate to International Medical Centers

TriGranit has sold its Millennium Gate scheme in Budapest to Dutch-registered International Medical Centers, which is expected to complete construction of the two towers and fit them out in order to provide healthcare services.

Dedeman reaches 40 units through EUR 12 million investments in Târgu-Jiu

DIY company Dedeman, controlled by the brothers Adrian and Dragoş Pavăl from Bacău, will reach on Friday a network of 40 stores by completing an investment of EUR 12 million in Târgu-Jiu, a city where the competitors from Praktiker opened a store last week.

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