09.08.2016

The deal whereby eMag, the largest local online retailer held by South Africa’s Naspers group, will take over rival PC Garage and strengthen its leading position on its market is still under review more

09.08.2016

Furniture manufacturer Elvila, of businessman Viorel Catarama, is already making development plans for 2017, as sales returned to growth last year after six years and the trend continued in the first more

08.03.2016

Real estate company Primavera Development will build a shopping center in central Romanian city of Sibiu, which is scheduled to be opened in the second half of 2018. more

06.03.2016

Over 50% Of Romanian companies plan to increase investments in research and development in the next 12-24 months, compared with last year, while 63% want to spend more in the next three to five years, more

03.14.2016

The Platinia residential project that businessman Sile Puscas is developing the former site of the Ursus brewery in Cluj-Napoca (NW Romania) will be completed by December, following an about EUR40 more

02.26.2016

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02.22.2016

The Floreasca-Barbu Vacarescu area (connecting central to northern Bucharest), home to almost 15% of the office space in Romania’s capital city, is the busiest office space construction site, with more

02.17.2016

Sweden’s Ikea plans to build the largest real estate project in northern Bucharest on a 48-hectare plot it bought from a Romanian entrepreneur. The new project will include both apartments and more

02.05.2016

Italian Nusco group, held by the family by the same name, is developing two residential projects in Romania. This is the latest bet of the group, which also operates on the office space market and in more

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