Approximately 10% of the existing office buildings in the Romanian capital have bicycle facilities, according to an analysis made by real estate consultancy company...

BuildGreen: 2017 was the best year for green buildings in Romania

2017 was the best year for green buildings in Romania, with over 40 real estate projects, both new and existing, receiving green certificates, according...

Over 300 volunteers to build social housing in southern Romania this fall

Over 300 volunteers will work this fall on building ten houses for low-income families in the Cumpăna commune, in Constanța county. Their work is set...
Vastint

AFI Europe sells land plot in Arad for EUR 17 mln

Israeli developer AFI Europe Romania has sold an 8-hectare land plot in Arad, Western Romania, for EUR 17 million, local Profit.ro reported. The company bought...

Greek-owned Sometra invests USD 40 million in new plant in Romania

Sometra, a zinc oxides and clinker producer in Sibiu county, will invest USD 40 million in a new, environment-friendly production facility in Copsa Mica,...

City Grill invests EUR 300,000 in famous Bucharest restaurant

City Grill, one of the biggest local restaurant operators, has invested EUR 300,000 in rearranging the interior of the famous Pescarus restaurant in Bucharest’s...

Romania’s Competition Council starts investigation on brick producer takeover

The Competition Council has started an investigation on the transaction through which Austrian group Wienerberger plans to take over local brick producer Brikston. The competition...

Globalworth lists EUR 550 mln bonds on Bucharest bourse

Real estate developer Globalworth, founded by Greek investor Ioannis Papalekas, listed its second bond issue worth EUR 550 million on the Bucharest Stock Exchange...

Top three deals on Romania’s real estate market reach EUR 300 mln

The three biggest deals closed on the local real estate market in the first half of this year totaled almost EUR 300 million and...

AFI Europe Romania sees 12% increase in net operational income

Real estate developer AFI Europe Romania recorded a net operational income of EUR 13.6 million in the first quarter of this year, up 12%...
Water Palace

Century-old palace reopens in western Romania city

Palatul Apelor (The Water Palace), a historical building in the western Romania city of Timişoara, has reopened following EUR 3 million refurbishment works. The works...

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(P) Corso Summer Terrace by Veuve Clicquot was re-opened at the...

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Corso Summer Terrace by Veuve Cliquot was re-opened at the InterContinental Bucharest, with almost 100 celebrities and clients attending an exclusive event. Ilie Nastase, Dana Savuica,...