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. 

 

Local developer announces EUR 65 mln residential project in Oradea

Prima Development Group, a real estate developer in the western Romanian city Oradea, started work on the 1,226-apartment Arena Residence residential project, designed to be the city's largest and most modern residential complex, Bursa reported.

The developer plans to complete the project in 2024. The total investment amounts to EUR 65 million.

"We thought of the Arena project as a unique one, which would satisfy not only the requirements of those who want to live in a space with a modern architecture, with state-of-the-art finishes, in safe and reliable homes, but especially the requirements of those who want to experience every day the feeling of home, of belonging to a place," says Andrei Moant, Chief Executive Officer - Prima Development Group.

The biggest developer in Oradea, Prima Group, emerged from a construction company and eventually entered Bucharest's residential market as well. This March, it delivered the first boutique apartment project following a EUR 8.5 mln investment.

(Photo: Shutterstock)

andrei@romania-insider.com

Normal
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. 

 

Local developer announces EUR 65 mln residential project in Oradea

Prima Development Group, a real estate developer in the western Romanian city Oradea, started work on the 1,226-apartment Arena Residence residential project, designed to be the city's largest and most modern residential complex, Bursa reported.

The developer plans to complete the project in 2024. The total investment amounts to EUR 65 million.

"We thought of the Arena project as a unique one, which would satisfy not only the requirements of those who want to live in a space with a modern architecture, with state-of-the-art finishes, in safe and reliable homes, but especially the requirements of those who want to experience every day the feeling of home, of belonging to a place," says Andrei Moant, Chief Executive Officer - Prima Development Group.

The biggest developer in Oradea, Prima Group, emerged from a construction company and eventually entered Bucharest's residential market as well. This March, it delivered the first boutique apartment project following a EUR 8.5 mln investment.

(Photo: Shutterstock)

andrei@romania-insider.com

Normal
 

Romania Insider Free Newsletters