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Andrew Peirson is the new MD of JLL Romania and SEE

Andrew Peirson has been appointed managing director for Romania & South-Eastern Europe (SEE) by real estate services firm JLL. This is an expansion of his current role as managing director for the firm’s SEE business based out of its office in Belgrade, Serbia.

US group subsidiary opens new R&D center in Romania

IT solutions supplier National Instruments Romania, subsidiary of US group National Instruments, has inaugurated its new research & development center in an office building called The Office, in Cluj-Napoca.

Lidl opens new unit in Bucharest

Lidl opens on April 2 a new store in Bucharest, taking its network to 185 units in Romania.

CFA: Macroeconomic confidence indicator, up 2.5 points in February

Macroeconomic confidence indicator recorded, in February, an increase by 2.5 points from the previous month, having reached the value of 62.3, according to a CFA Romania release.

Construction market dropped under 9 billion Euros in 2014

The construction market had a drop of 4% last year, to 8.9 billion Euros, representing the lowest level of the industry since the beginning of the crisis, according to ARACO. The association hopes for an increase in 2015 if budget project are put into practice.

Austrian CA Immo cashes in EUR 33 mln in rents in Romania

Austrian real estate investor CA Immo posted last year a rental income of almost EUR 33 million in Romania, up 10% over 2013, the investor announced in its most recent financial report.

US investment fund sells Mercury Logistics Park in Romania

US investment fund Heitman sold the Mercury Logistics Park logistics park near the Bucuresti-Pitesti highway.

First mall opening in Romania this year: 150,000 visitors expected this weekend

The Coresi Shopping Resort, the first mall opened in Romania this year, expects over 150,000 visitors this weekend, the first after its opening.

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