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Articles

Werk Property Group to invest EUR 30 million in an office project in Timisoara

Werk Property Group, a real estate developer from Timisoara, will invest EUR 30 million in Vox Technology Park development, an office project A class, with a surface for rent of 26,000 sqm, which will be delivered at the end of next year.

Over 456,000 real estate transactions in H1, most of them in Bucharest

Over 456,000 real estate transactions were registered at national level in the first semester of the year, with over 40,000 transactions more than January-June 2015, says the National Land and Real Estate Advertising Agency.

Carrefour reaches 111 supermarkets in Romania after opening new unit in Timisoara

French retailer Carrefour has reached a network of 111 supermarkets in Romania after opening a new unit in Timisoara city.

Properties in Romania brought Immofinanz revenues of EUR 45.1 million

Real estate company Immofinanz, with properties in Romania of EUR 853 million, obtained in the period between 1st of May 2015 – 30th of April 2016, revenues of EUR 45.1 million from renting its assets on the Romanian market, representing 14.3 pct. from the total revenues of the group.

Vodafone Romania moves 2,300 employees in new HQ in Globalworth Tower

Telecom company Vodafone Romania has relocated 2,300 of its employees from three locations in Bucharest to Globalworth Tower, the office project developed by Ioannis Papalekas in the northern part of the town.

AFI Europe gets new IT tenant in AFI Park 4&5

Developer AFI Europe Romania rented nearly 3,000 sq. m office spaces in AFI Park 4&5 to the company SecureWorks, a company active in the field of information security.

Survey: Austrian investors looking to expand their operations in Romania

The Austrian business community sees a big growth potential on the Romanian market in the following period. Besides the investments (especially the expansion and modernization of existing enterprises), new workplaces creation are planned, according to a survey carried out by Advantage Austria, the commercial section of Austrian Embassy in Bucharest.

Mega Image Romania owner completes merger with Dutch group

The Ahold – Delhaize merger has been completed, and the new retail group’s shares started floating on the Amsterdam and Brussels stock exchanges on Monday, July 25. The new group has also presented its new logo.

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