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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Developer Impact awards EUR 18.4 mln contract for 406 new apartments

Romanian real estate developer Impact signed two contracts worth EUR 18.4 million with local construction company Electrogrup, Economica.net reported.

The deals target constructing five new apartment buildings in the Greenfield Baneasa project located in northern Bucharest.

The five blocks comprise an additional 406 apartments.

They are part of a total of 14 blocks and 1,167 apartments envisaged in the project's new development phase.

The total value of the investment amounts to EUR 26.6 million (including VAT).

In December, the developer announced that it sold almost all of the apartments built in the first three phases of the Greenfield Baneasa project. The company still had 33 units for sale, mainly four-room apartments, out of the 2,548 completed apartments.

The neighborhood is in the process of expanding with a new phase of development and new facilities. So far, the area built in Greenfield covers 30 hectares, and the new stages under construction will occupy nine hectares.

(Photo: Pixabay)

[email protected]

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Developer Impact awards EUR 18.4 mln contract for 406 new apartments

Romanian real estate developer Impact signed two contracts worth EUR 18.4 million with local construction company Electrogrup, Economica.net reported.

The deals target constructing five new apartment buildings in the Greenfield Baneasa project located in northern Bucharest.

The five blocks comprise an additional 406 apartments.

They are part of a total of 14 blocks and 1,167 apartments envisaged in the project's new development phase.

The total value of the investment amounts to EUR 26.6 million (including VAT).

In December, the developer announced that it sold almost all of the apartments built in the first three phases of the Greenfield Baneasa project. The company still had 33 units for sale, mainly four-room apartments, out of the 2,548 completed apartments.

The neighborhood is in the process of expanding with a new phase of development and new facilities. So far, the area built in Greenfield covers 30 hectares, and the new stages under construction will occupy nine hectares.

(Photo: Pixabay)

[email protected]

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