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Leroy Merlin to open second store in Bucharest, following EUR 13-16 mln investment

DIY retailer Leron Merlin will invest EUR 13 – 16 million in a new store in Bucharest that will be opened in spring 2015. The new unit will generate 150 jobs and it will be located on Soseaua Alexandriei.

Skanska invests EUR 33 mln in Green Court phase II

Swedish developer Skanska will invest EUR 33 million in the second development phase of the Green Court office project and intends to end construction work on the new building in May 2015, writes Mediafax.

`Weekly, a new group of investors come to analyze the offers in the real estate market`

The office sector is the one with the best results during crises, and currently there are 15-20 new lease transactions signing every month, while by the end of the year there are expected even more acquisition contracts for these buildings, consider the real estate specialists during the European Real Estate Society (ERES) conference.

Romania, among the favourite destinations for the companies in the Outsourcing & Offshoring industries

Romania is one of the favourite destinations of the companies in Outsourcing & Offshoring (O&O) industries in Central and Eastern Europe, according to a study made by Colliers International.

Liviu Tudor: The companies in West Gate have expanded on 15,000 sq. m in two years

The companies with offices leased in West Gate office complex in Western Bucharest have expanded the leased areas in the last two years with 15,000 sq. m and there are still intentions in this respect, has declared Liviu Tudor, the owner of the project, mentioning that he will start a new project if he has at least 80 pct. pre-leases.

Ursus leases 9,300 sqm in Log Center Timisoara

Immofinanz announced on Thursday that it has signed a five years lease for 9,300 square meters of logistic space with Ursus Breweries. The brewer will become a tenant of Log Center Timisoara, one of the biggest logistic properties in the Immofinanz portfolio.

Profi opens new supermarkets in Ploiesti, Iasi, Constanta and Pitesti

Profi opened two new supermarkets on Thursday, in Ploiesti and Iasi with another two openings scheduled on Friday, in Constanta and Pitesti. The Profi chains will reach on Friday 232 stores opened on a national level, writes Mediafax.

Romanians are EU’s hardest working employees

Romanian employees (full-time) worked the biggest number of hours last year, compared to the rest of the European Union, according to Coe-Rexecode Institute. Romania and Greece are the only countries in the European Union where the number of hours on the job spent in a year is higher than 2,000 for 2013 with 2,099 and 2,010 hours respectively.
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