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Articles

Romanian constructions firm Napoca starts trading on main BVB market

A new private company has been listed on the Bucharest Stock Exchange (BVB). Constructions company Napoca SA started trading on the main market after it was delisted from the former RASDAQ market.

Company groups fewer than before the crisis, on the rise in recent years

The number of company groups in Romania reached over 51,400 in 2014, dropping from the 269,000 registered before the economic crisis hit our country in 2008, according to data from the National Institute for Statistics.

Optim PM, winner at SEE Real Estate Awards 2016

OPTIM PROJECT MANAGEMENT has won for the second time in a row the “Project Management Company of the Year” award at this year’s SEE Real Estate Awards held last week, on 21st of April 2016 at the Radisson BLU Hotel in Bucharest, Romania.

Immofinanz to bring two new retail brands on Romanian market

Sorin Vişoianu, country manager operations Immofinanz, says that this year the company will bring the brand VIVO! in the four malls in Romania and is looking for new spaces for a new retail concept, while focusing on Bucharest on the office segment.

Office projects make up 60 pct of Reynaers Aluminium business

Reynaers Aluminium Romania, active in the construction sector across Europe, stated that 60 percent of the products sold locally are absorbed by office projects.

Banca Transilvania to develop new headquarters in Cluj, an office building on 20,000 sq.m

Banca Transilvania (BT) plans to develop from scratch a new headquarters in Cluj, in an office building of nearly 20,000 sq. m, according to sources in the real estate market.

Large real estate complex near Bucharest to be liquidated by insolvency house

The insolvency house Euro Insol was appointed the judicial liquidator of the real estate complex Green City, located in the Ilfov county, near Bucharest.

Romanian government could terminate agreement with Plaza Centers for the construction of Casa Radio real estate project in Bucharest

Israeli company Elbit Imaging, main shareholder of Plaza Centers, has announced that its subsidiary, which had signed a partnership with the Romanian authorities, risked to Casa Radio project, on which it has already spent EUR 85 million, according to the companies.

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