03.18.2014

Immochan, the real estate division of France’s Auchan, plans to open its Coresi shopping center mid-March 2015 and plans to start works on a residential area, together with a local developer, around more

03.18.2014

The deadline GlaxoSmithKline (GSK) set for finding a buyer for its pharmaceutical plant Europharm in Brasov expires at the end of the month. more

01.20.2014

The three hotels owned by businessman George Copos in Romanian ski resort Poiana Brasov last year generated overall revenue of EUR3.65 million, up 9% year-on-year. more

01.08.2014

Romania’s road authority CNADNR will resume the bid for the first segment of Brasov beltway, central Romania, 7.29 kilometers long, with an estimated value between RON109.5 million (EUR24.4 million) more

12.09.2013

Consortia Vinci (France)-Strabag (Austria)-Aktor (Greece) and Impregilo-Salini (Italy) submitted final bids Monday for the construction of Romania’s Comarnic-Brasov highway section, Romanian more

10.21.2013

Spanish group Inditex has leased 6,000 square meters in shopping center Coresi, which is currently developed in Romania's central city of Brasov by Immochan, the real estate division of French group more

08.21.2013

Romania’s Minister-delegate for infrastructure Dan Sova said Wednesday the contract to construct the highway linking Comarnic to Brasov should normally be signed on October 30. more

07.23.2013

Nutrition and weight management company Herbalife opened its second sale center in Romania, located in the central city of Brasov. more

06.06.2013

German supermarket chain Billa, part of the Rewe retail group, will start building a new store in Brasov, central romania, after it received its building permit earlier this week. more

05.09.2013

Romanian poultry processor Avicola Brasov (AVLE.RO) said Thursday it registered sales of 30.4 million lei (EUR6.9 million) in the first quarter of 2013, up 9% from RON27.8 million in the same interval more

04.30.2013

Romanian pharmaceutical company Ropharma Brasov (RPH.RO) expects turnover of 445 million lei (about EUR103 million) in 2013, up 7.5% on the year, and net profit of RON10 million. more

04.09.2013

Retailer Mega Image, part of Belgian group Delhaize, said Tuesday it will open seven Shop&Go stores in Brasov, central Romania, in April. more

11.02.2012

Romania’s helicopters maintenance and repairing company IAR Brasov (IARV.RO) posted a 61% lower turnover in the first nine month of 2012, at almost RON19 million (EUR4.2 million), from RON48.8 more

10.01.2012

French group Carrefour Monday signed an agreement concerning a 8,500-square meter leasing area in Korona entertainment and shopping centre in the central town of Brasov, developed by Polish real more

09.18.2012

Polish real estate developer Echo Investment said Tuesday it will soon start the construction of shopping center Korona in Brasov, central Romania. more

08.14.2012

Romanian poultry processor Avicola Brasov (AVLE.RO) posted sales of 57.23 million lei (EUR12.6 million) in the first semester of 2012, up 28% from RON44.7 million in the same period a year before, the more

07.05.2012

Fitch Ratings Thursday affirmed at ‘BBB-’ its long-term foreign and local currency ratings on Romanian central city of Brasov, with stable outlook, citing steady budgetary performance and more

06.28.2012

The retail market in the central Romanian city of Brasov could oversaturate in the next three years, as it could only absorb two more shopping centers considering the number of households and purchase more

04.12.2012

Computer Generated Solutions, EBS, iQuest and Pentalog are but some of the foreign companies to have hired several hundred people in Sibiu (central Romania), as the city is, along with Brasov, the new more

02.23.2012

Romania’s Regional Development Minister Cristian Petrescu on Thursday signed three contracts worth over 30 million lei (EUR6.9 million) to finance projects included in the Brasov development plan, more

02.15.2012

German manufacturer Schaeffler Romania, which owns a ball bearing plant in Brasov, last year posted turnover of around 1.45 billion lei (EUR330 million), 12% higher than in 2010. more

10.24.2011

Romanian entrepreneur Claudiu Aron and his wife run the Alpin tourism complex in Poiana Brasov, a business that that has grown 113.7% in the last three years to 69.7 million lei (EUR16.1 million). more

10.06.2011

George Copos, one of the largest hotel owners on the Romanian market, has completed a EUR11 million investment in modernizing Sportul Hotel in Poiana Brasov resort in central Romania with the more

09.23.2011

MacroMall shopping center in Brasov, once known as the “dinosaur mall”, is valued by its owner, British group Carpathian, at EUR2.5 million, nearly eight times less than the price paid in 2006, more

08.12.2011

Romanian poultry meat maker Avicola Brasov posted revenue of 55.6 million lei (EUR13.3 million) in the first half, 10.4% higher on the year, while the profit was flat, according to the company’s more