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Arval, Venchi and BNP Paribas Cardif among Ethos House tenants

Ethos House, the office project developed by Gktosis Anstasios in Bucharest, will be completed on October 1st, the developer has announced. The 8,000 square meter office building located on Calea Floreasca represents a EUR 7 million investment with Arval, BNP Paribas Cardif and Venchi among the first announced tenants.

Bucharest’s largest office transactions in H1 2014

The mobile phone operators Voda­fone and Orange were the protagonists of the most important transactions on the office market in the first semester, signing leases for spaces situated within two office buildings in construction in Barbu Văcărescu – Floreasca area, where they will relocate approx. 3,000 employees.

Banking giant HSBC comes to Romania

The UK giant Global Asset Management with assets in amount of EUR 300 billion in management registered at the Financial Supervisory Authority to commence its operations on the local market being granted the approval to manage investment portfolios, reports zf.ro.

Aro Palace wants to sell Brasov CItadel for EUR 3.5 – 4 mln

Aro Palace is currently in negotiations with Brasov Town Hall to sell the Brasov Citadel (Cetatea Brasov) for EUR 3.5 – 4 million. In case the two entities will not reach an agreement then Aro Palace will organize an auction in the fall, according to Mihai Fercala, general director for SIF Transilvania.

Mega Image opens two new units in Bucharest

Mega Image, part of Delhaize group, is set to open two new stores this week in Bucharest: a Shop&Go on Ficusului Boulevard and another Shop&Go in Mihail Kogalniceanu Square.

Renault is looking for a Bucharest office for its 2,000 employees

French group Renault, which controls the Dacia factory from Mioveni and has developed a technology centre in Titu, is looking for a new office to accommodate its nearly 2,000 employees in Bucharest, who are currently divided between the North Gate building in Pipera and West Gate park in Militari.

Outsourcing firm CGS opens support center in Romania’s Targu Jiu

American company CGS, a provider of outsourcing solutions, opened its fourth support center in Romania where it will hire 100 people in human resources, administration, IT and customer support. The new center in located in Targu Jiu, Gorj county.

GfK expands and brings 400 jobs in Iaşi in a regional centre

The research and market studies company GfK Romania, which has reached last year a turnover of EUR 19.2 million and 241 employees, expands its office in Iaşi to a regional centre where 400 people are to be recruited.
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