02.04.2016

Alpha Bank, a top ten lender in Romania by assets, has set up its own real estate division to develop residential projects. The bank is thus trying to recoup some of the money invested in such more

01.25.2016

OMV Petrom (SNP.RO), the only local oil and natural gas producer, intends to complete the Petrom City project in Straulesti, northern Bucharest, where it moved more than 2,500 employees in 2010, but more

01.06.2016

Regional investment fund SIF Moldova (SIF2.RO), which manages 1.5 billion lei (EUR337 million) assets, plans to start developing a residential complex on one of the plots of the former textile mill more

10.12.2015

The land that was once the site of the Spicul industrial bakery in the central-western Bucharest in the Orhideea area will accommodate two office developments worth about EUR160 million, confirming more

09.30.2015

The lack of infrastructure investments has isolated Moldavia from the rest of Romania so it is now captive in the hands of textile, apparel and footwear manufacturers who pay wages of around EUR250, more

09.28.2015

Sweden’s Skanska, which developed the Green Court office complex in Floreasca-Barbu Vacarescu area in northern Bucharest, hopes to start work on another office complex near Politehnica subway more

09.22.2015

The Fashion House outlet at the entrance to the Bucharest-Pitesti Highway is 89% rented seven years from opening and its more than 60 tenants include Adidas, Puma, Mango and Stefanel. more

09.16.2015

Dutch-held C&A group, which entered Romania in 2009, has grown to 31 stores and about 276 million lei (EUR62 million) revenue, which put the fashion retailer on the third place in Romania after more

09.03.2015

Entrepreneur Dan Ostahie, who owns Romania’s leading computer and electronics retailer Altex, has established a company that will develop software for retail and distribution companies. more

08.19.2015

The largest independent cable TV provider in Romania, which operates via two companies – Digital Cable Systems (DCS) and AKTA Telecom, using the AKTA brand, has taken out a EUR10 million loan from more

08.06.2015

Spanish-held Gran Via group, which developed the Timisoara 58 residential complex in western Bucharest, has recently bought an over 9,600 square meter plot of land from Lidl retail chain, part of the more

07.13.2015

Real estate developer Forte Partners, founded by three businessmen - Geo Margescu, Ionut Dumitrescu and Johny Jabra, is preparing about EUR70 million investments in two office projects in Bucharest, more

07.10.2015

The central-western part of Bucharest, which includes the Orhideelor area, the Basarab Overpass and the areas around the Grozavesti, Petrache Poenaru and Politehnica subway stations, is shaping up more

07.01.2015

Mega Image supermarket chain and sporting goods retailer Decathlon are developing a new project across the street from the Ikea store and the Baneasa Shopping City. more

06.29.2015

Xavier Piesvaux came to Romania a decade ago when the Mega Image network numbered 19 stores and during his term the retailer became the largest in Romania, growing to 420 stores under several brands. more

05.27.2015

There is room for development of new hotels in Romania, says Frank Reul, the Belgian executive put in charge of the operations of the French hotel chain Accor in Romania, Macedonia and Bulgaria early more

05.11.2015

Alexandra Copos de Prada, who took the reins of the Copos family hospitality and bakery businesses one year and two years ago, plans to turn Ana Pan into the leading retailer of bakery and more

05.05.2015

Finance Ministry plans to launch, at the end of the month, the draft law on turning Romania’s state-run lender EximBank into a development bank which might become operational in 3-4 months, Enache more

04.30.2015

The government’s investments in the road infrastructure in Transylvania and Banat allowed the area to attract investors and develop exports, while Moldavia was ignored. Ziarul Financiar presents for more

04.06.2015

Supermarket chain Profi held by Polish private equity firm Enterprise Investors will hire about 1,100 people this year, following expansion by as much as 100 stores in 2015 alone. Under the more

03.19.2015

The annual traffic in Constanta Harbor, Romania’s largest, is six million tons below the 1989 level and has yet to match the 2008 level, the peak of the past twenty-five years. The traffic volume in more

01.29.2015

Metro Systems Romania, the company established ten years ago that is now managing the entire IT infrastructure of the German Metro group, plans to boost the number of employees by 10% this year, to more

11.20.2014

Romania’s Finance Minister Ioana Petrescu, the minister for small and medium-sized enterprises (SMEs), Florin Jianu, EU Fund Minister Eugen Teodorovici and central bank representatives will meet more

11.20.2014

Portugal’s Sonae Sierra and Ireland’s Caelum Development have chosen the builder of the ParkLake Plaza shopping mall in Titan district in eastern Bucharest, which has been installing cranes over more

10.28.2014

Impact Developer & Contractor (IMP.RO), a real estate company controlled by businessman Gheorghe Iaciu, has built nine five-story apartment buildings in the Greenfield residential complex in Baneasa, more