2 mai 2018

Romania’s car production stood at almost 122,000 units in the first quarter, data from the country’s association of carmakers ACAROM and the Automotive Manufacturers and Importers Association more

1 mai 2018

Sales of heavy trucks of over 16 tons fell by 25% to almost 6,500 units last year, Automotive Manufacturers and Importers Association (APIA) data show, and the pace slowed down in the first quarter, more

30 apr 2018

Romania still needs to work on predictability, infrastructure and education if it wants to attract new investors, said Yves Caracatzanis, managing director and chairman of the board of Automobile more

27 apr 2018

Super sports car manufacturer Lamborghini, part of the Volkswagen Group, expects to triple sales of cars in Eastern Europe, including Romania, following the launch of the Urus SUV. more

25 apr 2018

Sales of new vehicles saw growth of 20% to 36,000 units in the first quarter, the highest level in a decade. more

20 apr 2018

Renault Technologie Roumanie has a new general manager as of this month, Alexander Simionescu, who replaces Pascal Candau who held the position for three years and will move to a different position in more

17 apr 2018

The new Ford Ecosport model took production of the plant in Craiova close to one-billion-euro mark in the first quarter of the year, when more than 36,300 SUVs were assembled. more

13 apr 2018

Vel Pitar, the leader of the local bakery market and real estate company Romarta, both of which held by investment fund Broadhurst investments, plan to develop a mixed-use real estate project on the more

12 apr 2018

CTP, the largest developer and manager of premium industrial and logistics parks in Romania and Central and Eastern Europe, is developing a 20,000 square meter warehouse for home appliances more

11 apr 2018

Bucking the trend to sell the business to a foreign company or private equity firm, entrepreneur Horatiu Tepes, who owns metallic roofing manufacturer Bilka Steel in Brasov, says his target is to more

4 apr 2018

The rising demand for homes in Bucharest along with the fierce competition on the office space market in the west of the city has made Gran Via drop plans to construct an office building in the Gran more

21 mar 2018

Businessman Dragos Bilteanu plans to begin development of the West Garden residential project through his H4L Development company this year. The project will be located on the Iuliu Maniu Boulevard in more

19 mar 2018

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19 mar 2018

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8 mar 2018

The most important deals on the real estate market in Romania were closed in 2006-2007, 2016 and 2017, setting records on the retail, office and industrial space and hotel segments. more

6 mar 2018

The higher supply after winter holidays, the rise in ROBOR to more than 2% and the depreciation of the leu against to the euro are the reasons that halted the increase in old three-room apartment more

2 mar 2018

More than 11,000 Ford Ecosport vehicles left the plant in Craiova in January, the best month for the facility ever, beating the production figures in the Oltcit and Daewoo days by far. more

26 feb 2018

The next big market to be transformed by online commerce is the auto market, which stands at some EUR3 billion in Romania, as more and more dealers are launching online offers and add new services, more

16 feb 2018

Lidl has expanded its office space in Romania to nearly 15,000 square meters, as it relocated its local headquarters to a new building in the Aviatiei area (northern Bucharest) and the kept three more

15 feb 2018

Ford Romania, the second leading carmaker in the country, expects the new small SUV Ecosport assembled in Craiova to quickly climb among the top three best-selling models on its segment, relying on more

9 feb 2018

One United properties, a real estate developer specializing in residential properties in Bucharest held by Andrei Diaconescu and Victor Capitanu, will invest EUR100 million to build three apartment more

8 feb 2018

Morgan Stanley Real Estate Investing (MSREI), the global private real estate investment management arm of Morgan Stanley, is about to sign the agreement to buy America House office building in Piata more

30 ian 2018

The local auto market saw the highest sales volume after 2008 last year, higher than the 2009 level even, for the first time, despite the massive imports of used cars. more

25 ian 2018

Leaseplan, world’s largest operational leasing group, has chosen Bucharest for a support services center for its European operations. more

18 ian 2018

Almost 40 former industrial sites that used to make electronic components, bread or mechanical parts have been gradually replaced by shopping centers from supermarkets and hypermarkets to malls and more