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The Economist: Romania to record the highest growth rate in Europe

Romania’s GDP will grow by 3.9% this year, recording the highest growth rate among European countries, according to the British business magazine The Economist.

BelRom’s mall in Bacău, taken over by KBC Bank due to debts

Insolvent Hello Shopping Park in Bacău, developed by BelRom, was taken over by KBC Bank in Belgium, due to debts following a loan the bank credited the developer for the construction of the mall.

British investment fund buys nine plots in Romania where Lidl stores operate

British investment fund First Property Group has bought, together with other investors, the plots where nine Lidl stores operate for EUR 10.5 million.

Lidl closes partnership with Skanska and starts works for new green headquarters in Bucharest

Lidl, one of the largest discounter retail networks in Romania, as well as one of the most important German investors present on the Romanian market, started the construction of its new headquarters and a unique concept store in the country in Baneasa area in Bucharest, according wall-street.ro’s sources.

Flash Office Solutions to expand the capacity of its start-ups hub

Flash Office Solutions, a company offering instant offices – fully equipped and serviced (reception, phone, IT&C, cleaning etc.) – plans to expand with 150 sq. m in the following period the capacity of the hub launched in the end of 2014 in Maria Rosetti Tower office building.

Residential construction permits up 3.6 pct during first 11 months of 2015

Residential permits presented an upward trend during the first 11 months of 2015, rising 3.6 percent over the same period of the previous year, while November showed a 9.1 percent increase y-o-y, according to data released by the National Institute for Statistics (INS).

World Bank positively revises Romania’s economic growth to 3.9 this year

The World Bank released its “Global Economic Prospects” report, which included positively revised values for Romania’s economic growth, Agerpres informs. The financial institution projects a 3.6 percent growth for 2015 and 3.9 percent for this year, up by 0.6 percent and 0.7 percent, respectively, as compared to previous forecasts.

Survey: 2016 could be the best year for Romania’s economy after 2009

The Romanian economy could record its highest performance after 2009 this year, according to a survey made in December last year by the business information and credit risk management firm KeysFin.

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