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DTZ: Prague’s new spec offices boom

A record volume of new office will be added to Prague’s office market this year, according to the recent report published by DTZ. Over 58,000 sqm will come on-line in Prague 1 alone, the capital’s central district, more than in the pre-crisis peak in 2006.

Baneasa Shopping City to open 13 new stores and a beauty centre

Baneasa Shopping City opens a series of stores and a beauty center, once the autumn-winter season starts.

Fitch affirms Romania at ‘BBB-’, outlook stable

Rating agency analysts expect the government to meet its medium term objective of a structural deficit of 1 per cent of GDP in 2014.

Tax evasion in Romania reached 13.8 percent of GDP in 2012

The Fiscal Council, the independent fiscal think tank, estimates that tax evasion in Romania stood at 13.8 percent of GDP last year, down from a record high of 15 percent in 2010, amounting to roughly RON 81 billion (EUR 18 billion).

Inflation rate drops to 3.67 pc y.o.y

The Romanian consumer prices were down 0.2 per cent in this August from July, while the year-over-year (y.o.y) inflation rate (over the last 12 months) dropped to 3.67 per cent, show figures released yesterday by the National Institute for Statistics. The July y.o.y inflation rate was of 4.41 percent.

Belgium’s Mega Image one step close to 250 stores milestone

Mega Image opens today two supermarkets in Bucharest, reaching a network of 249 units countrywide, one step close to the milestone of 250 units, according to data announced by the company.

The evolution of the biggest construction companies business in Romania

The financial results of the biggest players in construction, dyes, construction materials and DIY, domains where 50 companies were analyzed, reveal a total turnover of EUR 4.7 billion in 2012, the same level as the precedent year, writes Business Construct magazine.

PayPoint rented 500 sq m in Romana Offices in Bucharest

PayPoint Romania has rented 500 sq m offices in Romana Offices building in Bucharest, owned by Dinu Patriciu Global Services, announced Colliers International, the transaction’s broker.

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