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Sika Romania to open testing center in Brasov

Sika Romania, a subsidiary of the Swiss specialty chemical group, will invest into a competency center for testing building materials that will serve Romania and markets in Central and Eastern Europe.

FDI in Romania down 19 percent to EUR 666 mln in H1

The non-residents’ direct investment in Romania, which economists say is one of the key growth drivers of the domestic economy, lost 19 percent to EUR 666 million in the first semester against the same period of last year.

European shopping centre development grows 50% in 2013

An unprecedented 11.9 million square metres (sq m) of shopping centre space is currently under construction in Europe, representing a 50% increase year-on-year (7.2 million sq m in 2012), according to the latest research from global property advisor CBRE.

Romania’s inflation rate falls to 4.4 percent in July on lower consumer prices

Consumer prices in Romania decreased by 0.3 percent in July against the previous month, while the inflation rate reached 4.4 percent, still above the annual limit target of 3.1 percent projected by the National Bank of Romania.

Mega Image takes over five Gulliver stores. Four units go to Carrefour

Belgium’s retailer Mega Image, present on the local market with supermarkets and proximity stores Shop&Go, will operate starting August five of the nine Gulliver stores in Bucharest.

CBRE launches Global Research Gateway

CBRE Group, Inc. has launched the Global Research Gateway - a new online portal providing access to CBRE’s extensive real estate research, knowledge and insight across all geographies and sectors.

Land price decrease since the beginning of the crises

Land prices registered nearly 80% decreases in the last five years in some cities in Romania.

Villar International Limited is interested in Ioannis Papalekas’s company

Globalworth Real Estate Investment, founded in the beginning of this year by the Greek businessman Ioannis Papalekas in order to attract capital on the AIM secondary market in London, is interesting for Israel’s investors.

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