5 ian 2021

Real estate investor Liviu Tudor has bought the Inscut site in the Preciziei area (west side of Bucharest) in a deal put at some EUR3 million, real estate market sources say. more

29 dec 2020

Office space remains the main attraction in real estate in Romania. The modern office space stock in the country has doubled from 1.5 million to almost 3 million square meters in the past decade, more

15 dec 2020

The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows. more

27 nov 2020

Car sharing company Spark could be the first operator to use Dacia Spring electric cars in its fleet, as it is already in talks with the Renault Group. more

4 nov 2020

Prices of old three-room apartments in Bucharest fell by EUR500 or 0.5% in October compared with September, reaching EUR98,300, after having gone up EUR100 the previous month, real estate consultant more

26 oct 2020

New electric and hybrid cars registrations increased by 9% to almost 5,400 units in January-September, Romania’s Automotive Manufacturers and Importers Association (APIA) data show. more

23 oct 2020

The Renault group will stop assembling the Logan MCV when the second generation of Logan and Sandero ends and promises to replace it with a revolutionary car. more

12 oct 2020

A number of 37 deals for 62,500 square meters of office space were signed in the third quarter, an increase of 14% on the year-ago period, real estate consultant Knight Frank says. more

6 oct 2020

Israel’s AFI Europe, South Africa’s NEPI-Rockcastle, Prime Kapital of Martin Slabbert and Oasis Retail Development & Consulting of Klaus Reisenauer and Kurt Wagner are the developers due to put more

28 sep 2020

Ford Romania plans to buy as many components as it can locally, but to efficiently do that it needs a faster connection to Arges County, where many subassembly manufacturers operate around Dacia. more

17 sep 2020

DIY retailer Dedeman will open its seventh store in Bucharest, in Ghencea, at the end of this week, following a EUR29 million investment on a 59,000 square meter plot. This is its second store in the more

10 sep 2020

Ford came to account for 44% of the total production of cars in Romania with its Puma and EcoSport SUVs this summer, after production went back to pre-lockdown levels. more

10 sep 2020

A year after inaugurating the Renault Bucharest Connected, the center designed to bring all the divisions of the Renault Group in Romania to one place, the group seeks to sublet some of the space. The more

9 sep 2020

The pandemic strained inventories of construction materials as developers that already had apartment buildings under construction continued working on them. Under the circumstances, they turned to more

7 sep 2020

Germany’s Daimler-owned automatic transmission manufacturing unit Star Assembly increased production capacity of the 8G-DCT transmission in August when it added another shift and created 145 new more

2 sep 2020

Dacia plant will return to a six-day work week for the first time in 2020, in order to increase production and ensure the new safety measures and Ford Romania will return to working in three shifts in more

1 sep 2020

Green cars, i.e. electric and plug-in hybrid vehicles, are still seeing a rise in sales, despite the decline of the auto market due to the pandemic. more

17 aug 2020

Star Assembly, the local subsidiary of Germany’s Daimler group, which makes automatic transmissions, ended last year with EUR1.52 billion revenue, down 2.2% on 2018, Finance Ministry data show. more

8 iun 2020

The economic downturn along with the rethinking of business plans will lead to layoffs in the major companies in the next few months, market data show. At least 10% to 20% of the corporate employees more

29 mai 2020

The ability to make a down payment or pay the entire car online and have it delivered to one’s door, along with a quickly reworked „Rabla” clunkers program so people could access it via the more

14 mai 2020

Iulius Group is the real estate developer that owns the Iulius malls in the country and Pallas in Iasi. There are more than 1,000 stores and restaurants in Iulius group malls which had to suspend more

8 mai 2020

One United Properties, the most active developer on the local market with six construction sites open, has sold 30% in One [Floreasca] Tower office building in northern Bucharest to raise cash for more

29 apr 2020

Element Industrial, a Romanian-owned developer of logistics space, continued buying land for future logistics warehouses as demand for such space remains high. more

28 apr 2020

The activity of the logistics companies was affected by the crisis caused by the COVID-19 pandemic, as the artificial rise in demand in March required larger inventories only to drop in April due to more

23 apr 2020

The significant increase in the number of employees working from home, the closure of restaurants and of the retail spaces on the ground floor of buildings will be putting pressure on the owners of more