The construction works volume in Romania decreased by 4.9% last November, compared to the same month in 2017, the statistics office INS informed. In the...

Romanian investor pours EUR 7 million in luxury hotel

Local entrepreneur Stefan Mandachi developed a modern hospitality centre that involved EUR 7 million worth of investments in the north-eastern Romania city of Suceava. He...

Belgian developer builds EUR 45 mln warehouse for Auchan near Bucharest

Belgian logistics developer WDP announced that it will develop a new state-of-the-art logistics warehouse for French retailer Auchan in its existing logistics park on...

photoHealthcare operator Regina Maria opens EUR 18 mln hospital in western RO

Private healthcare network Regina Maria has finalized a hospital in Cluj Napoca, in western Romania, following an investment exceeding EUR 18 million. The hospital has...

Sonae Sierra becomes sole owner of ParkLake shopping mall in Bucharest

Portuguese group Sonae Sierra on December 11 announced that it purchased the 50% stake held by its former Joint Venture partner Caelum Development in...

PwC survey: real estate investors turn risk-averse despite moderate prices in Romania

Real estate investors are risk-averse when it comes to launching new major projects in Romania and evaluate the wider European context when making investment...

Asking prices for apartments in Romania rise by 6.2% y/y in November

The average asking prices demanded by apartment vendors in November, increased by 6.2% compared to the same month last year to EUR 1,242 per...

MAS REI pays EUR 40.5 mln for Atrium Arad shopping mall in Romania

South African Investment Fund MAS Real Estate (MAS REI), which operates on the Romanian market in partnership with Prime Kapital, reached an agreement to...

NEPI Rockcastle opens EUR 40 mln shopping mall in Satu Mare

Romania-focused South African commercial property developer and investor NEPI Rockcastle opened a shopping centre in Satu Mare on December 5, following an investment of...

Number of real estate deals shrinks by 21% in Romania in November

The number of real estate transactions registered in November in Romania was 46,513, 21% lower than in the same month last year, according to...

Czech developer P3 buys plot for new logistics park near Bucharest

Pan-European logistics developer P3 Logistic Parks has purchased a 16 hectare land plot near Bucharest, in Dragomiresti Vale - a prime location for logistics...

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Join our team! Senior events coordinator at City Compass Media

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Romania Insider is looking for a senior events coordinator, with at least 3 years of experience in organizing business events. The job is full-time,...

Education in Romania

Comment: Anti-bullying law in Romania vs. New Jersey. What can we...

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The Romanian Parliament has approved the anti-bullying law. How will we implement it? A look at how the strongest anti-bullying state in America, New Jersey,...

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