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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 andrei@romania-insider.com. 

 

Romania’s flag carrier Tarom seeks to sublease headquarters

Romania's national air carrier Tarom has initiated the procedure to rent its headquarters located in the vicinity of Bucharest's Henri Coanda Airport, together with the adjacent land. The company plans to sublease the properties for ten years.

The company has started the procedures for selecting a consultant who will decide "strategies to maximize the benefits generated by the use of the headquarters," according to a company's statement, Profit.ro reported.

With a total area of 15,731 sqm, the building has a built volume of 65,500 cubic meters. The land adjacent to the building measures 18,277 sqm.

The future tenant will have the right to consolidate, rehabilitate, modernize, and reconfigure the building without affecting its resistance structure.

In 2019, according to the latest available public data, Tarom had losses of RON 169.65 million (EUR 36.5 mln) and while its total revenues were EUR 1.35 bln (EUR 290 mln). The latest year when the airline made a profit was 2007.

andrei@romania-insider.com

(Photo source: Cateyeperspective/Dreamstime.com)

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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 andrei@romania-insider.com. 

 

Romania’s flag carrier Tarom seeks to sublease headquarters

Romania's national air carrier Tarom has initiated the procedure to rent its headquarters located in the vicinity of Bucharest's Henri Coanda Airport, together with the adjacent land. The company plans to sublease the properties for ten years.

The company has started the procedures for selecting a consultant who will decide "strategies to maximize the benefits generated by the use of the headquarters," according to a company's statement, Profit.ro reported.

With a total area of 15,731 sqm, the building has a built volume of 65,500 cubic meters. The land adjacent to the building measures 18,277 sqm.

The future tenant will have the right to consolidate, rehabilitate, modernize, and reconfigure the building without affecting its resistance structure.

In 2019, according to the latest available public data, Tarom had losses of RON 169.65 million (EUR 36.5 mln) and while its total revenues were EUR 1.35 bln (EUR 290 mln). The latest year when the airline made a profit was 2007.

andrei@romania-insider.com

(Photo source: Cateyeperspective/Dreamstime.com)

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