08.26.2013

Construction company Octagon, of Greek businessmen Alexandros Ignatiadis and Paschialis Paganias, has won a contract worth about EUR10.5 million to build the first building in the Hermes Business more

08.23.2013

Property firm Atrium European Real Estate said Friday its net rental income from the Militari Shopping Center in Bucharest increased 5.3% to EUR3.4 million in the first half of 2013, from EUR3.2 more

07.29.2013

Sika Romania, the local subsidiary of Swiss group Sika, which produces chemicals for the construction and manufacturing industries, will invest in a technology center in Brasov, central Romania, which 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

07.22.2013

The five shopping centers owned by Romanian businessman Iulian Dascalu and his office center Palas Iasi generated aggregate rental revenues of EUR30.68 million in the first half of the year. more

07.11.2013

French retailer Cora will open a shopping center in Constanta on July 25, which hosts the retailer’s 11th hypermarket in Romania. more

07.11.2013

Austrian Kapsch is trying to get Romanian companies to store their data in the Kapfenburg bunker built in the ‘40s during World War II, where tank parts were originally set to be built. more

07.09.2013

Chinese IT&C equipment producer Huawei has rented three floors (2,500 square meters) in office building Tower Center in Bucharest, where it is relocating its operations. more

07.09.2013

Bucharest’s shopping centers Sun Plaza, Plaza Mall and Cocor registered aggregate loss of EUR27.5 million last year, higher than the combined profit of Baneasa Shopping City, Cotroceni Park, Unirea more

06.14.2013

The Bucharest Court admitted Thursday an insolvency request filed by Bel Rom Sapte, the firm through which Belgian group BelRom developed a shopping park in Foscani, eastern Romania. more

06.13.2013

DHL Express Romania will open Saturday the first express delivery center in Romania, in shopping mall Baneasa Shopping City. more

06.07.2013

Shopping center Cocor in central Bucharest, which in 2010 sought to establish itself as a luxury shopping destination after an almost EUR25 million renovation, is now looking to reposition itself as a more

06.04.2013

Audit and advisory firm Ernst & Young and Belgian IT company Cegeka rented nine of the 22 floors of Bucharest’s Tower Center in Victoriei Square. more

05.30.2013

Romania’s Unirea Shopping Center (SCDM.RO) registered turnover of 19.9 million lei (EUR4.6 million) in the first quarter of 2013, slightly down on the year, while its profit climbed 3.6 times to more

05.15.2013

Finnish software company Elektrobit has opened its first research and development center in Romania following a EUR0.8 million investment. more

04.29.2013

Romania’s Unirea Shopping Center (SCDM.RO) registered 5.4% higher turnover to 82.8 million lei (EUR18.6 million) and 66% higher profit to RON5.8 million on the year in 2012. more

04.17.2013

A consortium made up of Strabag (Austria) and ED Zublin (Germany) Wednesday won an auction to build scientific research center Extreme Light Infrastructure - Nuclear Physics (ELI-NP) in the southern more

03.27.2013

Romania will invest around EUR10 million in the construction of a Regional Center of Excellence for Creative Industries and IT in the northwestern Cluj county, for the production of movies. more

03.20.2013

Office building Evo Center One in Pipera, owned by Romanian businessman Dinu Patriciu, will be auctioned off in April at a starting price of EUR1.45 million. more

03.19.2013

Business software solution provider SAP Romania has opened a premium consulting services center in Timisoara, western Romania. more

03.18.2013

British telecommunications company Vodafone’s network operations in seven European countries, including Romania, will be monitored and administered starting April 1, 2013 by a network operations more

03.13.2013

Property firm Atrium European Real Estate on Wednesday said its net rental income from retail park Militari Shopping Center in Bucharest declined 2% to EUR6.4 million on the year in 2012, due to more

03.12.2013

Israeli-held real estate developer GTC bought a minority shareholder out of three Galleria malls for EUR1. more

01.31.2013

Software solutions and services provider iQuest has opened a software development center in Craiova, southern Romania, which will employ 40 IT specialists by the end of the year. more

01.15.2013

Shopping center developer AFI Europe said Tuesday it obtained financing of over EUR30 million from Raiffeisen Bank International Group to complete a shopping center project in Ploiesti, southern more