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Vastint Romania has a permit for one million square metres built in Sisești

Genereal manager Vastint Romania, real estate division of Swedish group Inter IKEA, has declared that the Zone Urban Permit for the area Sisești, the most recent acquisition of the developer, allows the development for up to one million sq. m built area. c

The market for mergers and acquisitions in Romania went up at over three billion euro in 2015

The value of mergers and acquisitions signed last year in Romania increased up to 3.071 billion euro from 2.240 billion euro in 2014, this being the highest value recorded in the last six months, shows a study made by Emerging Markets Information Service (EMIS), a subsidiary of Euromoney.

Leroy Merlin opens second store in Cluj-Napoca

Leroy Merlin will open its second store in Cluj-Napoca, with a total surface of 12,000 square meters and offering 30,000 products on shelves, according to a company press release.

Forbes: Timisoara, the best city for business in Romania in 2016

Timisoara is considered by Forbes magazine the best city for business in Romania in 2016, for the second year in a row.

Mega Image opens its first store in Romania this year

The Belgian retailer Mega Image opened its first store this year.

New Kopel: We are considering this year real estate investments, not only in automotive sector

Hezi Shayb, CEO of New Kopel Group, a company with activities in the automotive industry, says that the yields in the real estate, as well the economic growth of Romania are attracting the company towards the real estate sector.

Local DIY retailer Dedeman plans the development of 10 floors office tower in Bucharest

The owners of Dedeman, the largest DIY retailer in Romania, a company owned by the brothers Dragos and Adrian Paval, are planning to build the first headquarters of the company locally, a project including 10 floors, on a plot of land situated near Esplanada Shopping Center in Pantelimon neighbourhood in Bucharest.

Three Romanian entrepreneurs to launch a new office hub in Bucharest

Mihai Seceleanu, founder of Internet Corp., Daniel Tatar and Liviu Dumitrascu, co-founders of eJobs, recently launched an office hub “less traditional”, within Magheru One office building in Bucharest.

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