Liviu Tudor To Invest Minimum EUR20M In Expansion Of Novo Park, West Gate Business Parks

Liviu Tudor To Invest Minimum EUR20M In Expansion Of Novo Park, West Gate Business Parks

yesterday, 12:43

Liviu Tudor, the owner of West Gate (Militari) and Novo Park (Pipera) business parks through Genesis Development, stated that the two projects will be extended by one building each, given that their occupancy rates near 100%.

ZF NEWSRSS

more news

Mega Image Challenges Small Traditional Retailers On Their Turf Mega Image Challenges Small Traditional Retailers On Their Turf

Belgian-held Mega Image, the biggest retail chain in Romania, has reached 21 supermarkets open 24/7 in Bucharest.

more
Spirits Sales Total EUR700M, Tax Paid On Just 25% - Association Spirits Sales Total EUR700M, Tax Paid On Just 25% - Association

Romanians buy EUR700 million worth of spirits annually but the state collects taxes and excises for just 25% of the amount sold because

more
Accor Sees Room For Development In Romania, Discusses Options Accor Sees Room For Development In Romania, Discusses Options

There is room for development of new hotels in Romania, says Frank Reul, the Belgian executive put in charge of the operations of the

more
Romanians Pay One Of Highest Energy Prices In EU By Purchasing Power Standards Romanians Pay One Of Highest Energy Prices In EU By Purchasing Power Standards

Romanians pay one of the highest energy prices in EU in relation to the purchasing power, outranked by Germany, Portugal Cyprus, and

more
Romania Ranks 19th In Europe By Wine Exports Romania Ranks 19th In Europe By Wine Exports

Romania’s wine exports stood at almost EUR20 million last year, an increase of 10% on 2013, ZF has calculated based on Wine Exporters

more
Only Four Banks Still Offer Over 3% For One-Year Deposits Only Four Banks Still Offer Over 3% For One-Year Deposits

The highest interest for a 12-month deposit currently stands at 3.4% and is offered by TBI Bank, a small player in Romania’s banking

more
Romanian Farmers: Let’s Turn Wheat And Corn Into Meat And Milk Romanian Farmers: Let’s Turn Wheat And Corn Into Meat And Milk

Agriculture, an almost EUR17 billion business that has the potential to double, is caught in a production and agricultural commodity

more
Bucharest Accounts For One Third Of Romania’s Restaurant And Coffee Shop Market Bucharest Accounts For One Third Of Romania’s Restaurant And Coffee Shop Market

Bucharest accommodates more than 3,400 restaurants, coffee shops and bars, whose sales amount to almost 2.5 billon lei (EUR562 million)

more
Romania Makes Almost Half A Million Bikes A Year Romania Makes Almost Half A Million Bikes A Year

Romania has become one of the largest European bicycle and bicycle parts manufacturers, with international giants like Decathlon and

more

interview

Lidl: EUR1B Mark Not That Far Away Lidl: EUR1B Mark Not That Far Away

German-held retailer Lidl, which officially entered Romania in 2011, is spending EUR20 million to EUR30 million a year on the expansion that took its business to more than EUR700 million in 2013, according to the latest available data.

Deal of the day

Indian Business Dynasty Buys Operations Of Romanian Farmer

The Gupta family, one of the most powerful business dynasties in India besides Lakshmi Mittal’s, has bought two farms totaling 2,500 hectares of land in Contesti, Teleorman (southern Romania). The farms had been previously held by the Chivu family and run by Victor Chivu, one of the most vocal farmers in the country.

more