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Articles

CA Immo assigns main contractor for Orhideea Towers office project in western Bucharest

Investment fund CA Immo has appointed PORR Construct as main contractor for the Orhideea Towers, a 37,000 sqm office project near the Grozavesti metro station, according to a statement by the developer.

Mega Image signed for relocation of its headquarters to Plaza Romania Offices

Mega Image’s headquarters will relocate to the new office space within Plaza Romania complex, following the signature of a lease with Anchor Grup.

Romania’s new insolvency law leads to fewer insolvent companies

The new insolvency law, which entered into force in mid-2014, has reduced the number of businesses that entered insolvency.

Skanska starts works at two office projects on plots bought last year in Romania

Sweden’s Skanska Property Romania announced the beginning of works this year for two office projects, in northern and western Bucharest, which would be developed on plots bought last year.

Forte Partners starts construction works for The Bridge office building in Bucharest

Forte Partners announces to start works next week for The Bridge office building near Carrefour Orhideea, in western Bucharest.

NEPI to deliver 8,400 sqm office project in Bucharest this summer

Aviatorilor 8 (project former known as Victoriei Office), an office building in Bucharest’s Victoriei Square with a GLA of 8,400 sqm, will be finalized during the third quarter of this year, according to developer NEPI (New Europe Property Investments).

Financial analysts, less optimistic about Romania’s economy

International financial analysts have strongly adjusted their estimations on Romania’s economic outlook, according to the German research institute ZEW in collaboration with the Austrian banking group Erste.

Romania records biggest growth in construction work in EU

Romania had the biggest growth in construction work among all the European Union member states in December 2015 compared to the previous month.

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