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Nusco to develop luxury residential project downtown Bucharest

Italian Nusco group, with businesses in real estate and in doors and windows industry, is developing a luxury residential compound downtown Bucharest, named Premio Exclusive City Center, representing the company’s second residential development, as the developer was mainly involved in the office segment.

Dedeman interested to buy a land in Bucharest from Industria Iutei

Construction retailer Dedeman, owned by Adrian and Dragoș Pavăl brothers, is interested to buy a 2.7 ha land in the area Trafic Greu in Bucharest from the manufacturer of woven flax and hemp Bucharest for a price of EUR 230 / sq. m, totalling more than EUR 6 million.

Remax Romania expands local network to 15 offices in Romania

Remax continues its expansion locally and announces the opening of two new offices in Bucharest and Oradea, thus reaching 15 agencies in Romania.

Over 60 pct of Romanian executives expect positive economic development for 2016

With most CEE companies casting an optimistic eye to next year’s economic situation, Romanian executives are among the most enthusiastic, as 63 percent of the respondents expect an improvement of the economic situation in 2016, according to the results of the KPMG survey “Pulse of Economy 2015”.

Romania’s labour costs up by 7.3%

The labour cost in Romania increased by 7.3% in the third quarter of the year compared to the same period of last year.

Arthur Popa takes over as CEO of Baneasa Developments

Starting in January 2016, Arthur Popa will be the new CEO of Baneasa Developments, a company that owns Baneasa Shopping City and Grand Cinema & More. He will replace Georgios Argentopoulos who takes office in the board of directors of the company.

Immochan launches residential phase of Coresi Brasov

Immochan continues the third phase of its Brasov project, Coresi, a residential area with a potential for 3,000 apartments, spanning 46 hectares, company representatives inform.

Benţa family in Targu Mures has developed a nine-storey office building for E.ON

Benţa family in Targu Mures, which controls the manufacturer of paints and varnishes Daw Bent has completed an investment of 29 mil. Euro in an office building of nearly 23,000 square meters, a project where the energy group E.ON relocated its operations in the city.

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