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Industrial facilities market: Romania starts to be preferred instead of Poland and Czech Republic

On the industrial segment we assist to a growth, mainly in the production area, being a certitude that in 2014 Romania started to be preferred instead of Poland or Czech Republic, due to lower labour costs, qualified personnel and level of instruction.

EUR 11 million capital increase for the company controlling Novo Park offices in Bucharest

Businessman Liviu Tudor, one of the biggest office spaces owners in Bucharest, has increased with EUR 11 million the capital of one of the companies controlling the business park Novo Park in Pipera.

Bosch opens second business services centre

Bosch Service Solutions, a top-level supplier of business process outsourcing (BPO) services, opened a new business services centre in Timisoara on December 14, in order to back its continuous growth and development plans.

Mega Image relocates 500 employees from Griviţa area to Plaza Romania mall in Bucharest

Belgian retailer Mega Image relocates in 2016 its headquarters from Griviţei area in Bucharest to Plaza Romania mall, according to ZF.

BCR lends Globalworth €20m loan for Green Court acquisition

Globalworth Real Estate Investments has completed its acquisition of the second office building in Green Court from its developer Skanska Property Romania.

Investments to be Romania’s main economic propeller in 2016, says EY

Both EU funding and private investments are expected to be the main forces behind Romania’s economic increase for the next year, according to EY’s December Eurozone Forecast.

Billa exits Romanian market, retail network passes to Carrefour

Carrefour announced the signing of an agreement with Rewe Group, in which Carrefour takes over the German company’s retail network of 86 supermarkets in Romania. With this move, Billa exits the Romanian market.

4.1 pct growth for Bucharest economy, forecasts National Prognosis Commission

Bucharest economy will grow by 4.1 percent next year, at the same rate as the national average, National Prognosis Commission (CNP) estimates show. GDP per capita will exceed EUR 22,300, which is EUR 1,400 above 2015 values and more than two times the average of Timis county, the second highest in the country.

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