28 aug 2019

The development of the IT industry and the significant rise in people’s incomes in Cluj-Napoca showed on the real estate market, too, with demand for new homes giving a significant boost to more

26 aug 2019

At least seven office space projects are for sale in Romania and the value of the deals - if all of them are signed this year, could exceed one billion euros. The most expensive project for sale is more

20 aug 2019

Dacia Duster is one step away from becoming the best-selling small SUV in Europe in 2019, after having ended the first half with 17% growth over the year-ago period, while leader Renault Captur sales more

25 iul 2019

Dacia and Ford, the two carmakers in Romania, will see production reach 650,000 cars after 2020, but the auto industry needs support to continue to develop. more

18 iul 2019

Greek-held Day Group has put up for sale the Day Tower office building on Bulevardul Unirii in Bucharest for EUR35 million. more

16 iul 2019

Suzuki sales in Romania rose by almost 23% in 2018 over 2017 and reached almost 4,200 cars. The best-selling model was the Vitara SUV, nearly 2,300 units, 15% more than in the previous year. Vitara is more

15 iul 2019

Hosiery manufacturer Adesgo SA has put up for sale its building and land on Calea Serban Voda Bucharest almost 17 years after being acquired by Israel’s Argaman Industries. more

12 iul 2019

French-held Michelin group manufactures about 13,000 tires at its Floresti (Prahova County) plant every day, according to estimates, which would translate into a 3.2 milion tire annual volume, enough more

8 iul 2019

Romanian investors are starting to become more and more active on the local real estate market but most of them buy projects worth several million or tens of millions of euros at best, since only the more

5 iul 2019

German-held retailer Kaufland has applied for a zoning permit from the Bucharest City Hall for a plot of land behind its store on Barbu Vacarescu Street, where it plans to develop an office building. more

2 iul 2019

Billionaire Ion Tiriac plans to build through Tiriac Holdings the largest real estate project in the Romexpo area on the plot of land he owns there. The new development will include 24 buildings up to more

1 iul 2019

The Ford plant in Romania is among the few in Europe that will not suffer as a result of the layoffs the US carmaker is planning. Instead, it will increase headcount. more

27 iun 2019

The first Puma vehicles have already been assembled in Craiova and the assembly line of the new SUV that joined the EcoSport at that plant has already been tested and is now waiting for the official more

26 iun 2019

Renault seeks to hire up to 350 people in Romania, in engineering, IT-digital, supply chain, purchasing, quality, finance, marketing and shared services positions and is getting ready to move all its more

19 iun 2019

At a time when real estate investments are in full bloom, Adriean Videanu, former economy minister in the Boc government and former Bucharest mayor, has applied for a zoning permit for a project set more

18 iun 2019

Whenever it enters a new market, Hungary’s Futureal group starts with the residential division – Cordia and then the main company, which develops shopping centers and office buildings. The same more

14 iun 2019

Fribourg Development, the real estate division of private equity firm Fribourg Capital, held by Ion Sturza, former prime minister of the Republic of Moldova, is about to sign the contract to sell the more

12 iun 2019

The Vastint Group, which has the same owners as the Inter IKEA group, is taking one step further towards the completion of the residential project that may be worth as much as EUR1 billion the Sisesti more

4 iun 2019

The start of production of the EcoSport SUV took Ford Romana’s revenue to more than 10.5 billion lei (EUR2.21 billion) in 2018, which turned the carmaker into the second largest company in the local more

4 iun 2019

Israel’s Hagag group is looking to buy the Bucharest Financial Plaza from Banca Comerciala Romana, a landmark building on Calea Victoriei in Bucharest, built by the now defunct Bancorex in the more

30 mai 2019

The three divisions of Groupe Renault Romania – design and engineering (Renault Technologie Roumanie), manufacturing (Automobile Dacia) and vehicle sales (Renault Commercial Roumanie) posted their more

29 mai 2019

The growth in the sales of SUVs led Renault Commercial Roumanie (RCR), Groupe Renault Romania’s sales division to more than 30% growth in revenue in 2018 compared with 2017 to more than 4 billion more

27 mai 2019

Automobile Dacia, the largest company in Romania, posted EUR5.3 billion revenue in 2018, 5% higher than in 2017 and its highest ever. Profit was up 40% to EUR162 million last year, again its highest more

14 mai 2019

Cities of less than 50,000 people can accommodate shopping centers but they need as many tourists as possible to keep the business going. The resort towns in Romania could become interesting for more

10 mai 2019

Demand for premium and luxury apartments is making more and more developers invest in such projects where an apartment costs at least EUR2,000 to EUR3,000 per square meter or even more. more