06.28.2018

Israeli-owned real estate developer AFI Europe has acquired a plot of land of 43,000 square meters in the vicinity of its shopping mall and office development in Bucharest for EUR23 million. more

06.19.2018

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05.17.2018

Real estate developer and investor AFI Europe reported a net operating revenue of EUR13.6 million from its revenue-generating properties in Romania, 12% more than in the same quarter of 2017. more

05.17.2018

Romania ranks 18th in Europe by the number of new car registrations in January-April 2018, with a total 36,272 units, 25.4% more than in the same period in 2017, according to data provided by the more

05.07.2018

Real estate developer HAGAG Development Europe, which is currently developing a residential project in Pipera area, wants to develop two new luxury apartment projects on Bucharest’s Calea Victoriei more

03.23.2018

David Hay, who has been running the operations of real estate developer AFI Europe Romania over the last seven years, announced his resignation and his intention to seek out other opportunities more

03.21.2018

Credit Europe Bank Romania, member of Credit Europe Bank NV, reported a gross profit of RON54 million in the financial year 2017, up 32% on the year, and an operating revenue before provisions of more

02.12.2018

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12.20.2017

Property developer AFI Europe Romania has signed a loan agreement with Bank Leumi Romania for EUR22 million to develop the first stage of its AFI Tech Park office project in Bucharest, the company more

11.23.2017

Property developer AFI Europe Romania on Thursday said it registered a net operating income of over EUR37 million in the first nine months of 2017, 10.4% higher than in the same period last year. more

08.21.2017

Property developer AFI Europe Romania registered a net operating income of EUR24.7 million in the first six months, 11.5% higher than in the same period last year. more

06.21.2017

Romania’s Competition Council has approved the association between Iulius Holding, held by businessman Iulian Dascalu and Atterbury Romania, entirely held by investment fund Atterbury Europe. more

01.03.2017

Romania’s Competition Council has approved the takeover of Romanian paint manufacturing company Deutek SA by PPG Europe BV, the institution said in a statement on Tuesday. more

11.30.2016

Romania’s Competition Council is looking into the economic concentration operation whereby PPG Europe BV will acquire direct sole control over Deutek SA. more

11.11.2016

The Association of Romanian Online Stores (ARMO) became a member of EMOTA and Ecommerce Europe, two of the most important e-commerce organizations in Europe, the company said in a statement Friday. more

10.20.2016

The Romanian economy is booming, nevertheless, consumers are skeptical about the next few months and would not rule out the possibility of an economic slowdown, according to a GfK study. more

08.16.2016

AFI Europe Romania registered a net operating income of EUR22.2 million in the first six months of 2016, up 13.1% from the year-earlier period, the company said in a statement. more

07.27.2016

AFI Europe Romania has rented out 3,000 square meters in office building AFI Park 4&5 to SecureWorks, which provides intelligence-driven security solutions for organizations to prevent, detect, more

06.20.2016

Holders of cards issued by banks in Romania made card payments to merchants abroad in the amount of RON1.4 billion (EUR317 million) in January-March 2016, up 22% against the same period in 2015. more

05.12.2016

Henri Coanda International Airport in Bucharest (AIHCB) ranks fourth among European airports which reported the highest increases in passenger traffic in the first quarter of 2016, according to more

05.11.2016

Central and Eastern Europe (CEE) has seen significant growth of contactless payments over the last two years and currently, in Romania, one in ten card payments processed by Visa is contactless, said more

04.04.2016

Romania’s Financial Supervisory Authority (ASF) on Monday said it approved the takeover of general insurance company Credit Europe Asigurari – Reasigurari S.A. by Ergo Group, one of the largest more

12.09.2015

Ergo Austria International, part of German group Munich Re, has reached an agreement with Credit Europe Bank Romania to take over Credit Europe Asigurari which ranked 17th on the Romanian insurance more

12.07.2015

Ergo, one of the leading insurers in Germany, is in advanced talks to buy the local insurance unit of Turkey’s Credit Europe, insurance industry sources told ZF. more

11.23.2015

AFI Palace Cotroceni shopping mall in Bucharest, AFI Europe’s largest and most important asset, generated a net operating income of EUR7.7 million in the third quarter, up 3.3% on the year. more