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Over half of Romanian entrepreneurs expect friendlier environment in maximum 10 years

Over half of Romanian entrepreneurs believe Romania will offer a business-friendly environment in maximum ten years, according to a recent EY study. Some 34% believe this will happen in 5-10 years while 21% are even more positive and give a time frame of 3-5 years.

French retailer Carrefour reaches ten hypermarkets in Bucharest

French retailer Carrefour will open its 10th hypermarket in Bucharest, in the new Mega Mall shopping center, on May 14. With this opening, the company reaches 28 hypermarkets in Romania.

Casa Convenienza to open on Friday first store in Romania

Casa Convenienza will open on May 15 its first store in Romania in West Park, reads a press release. The store is located in one of the big-box units within West Park, in the totally refurbished Unit 3.

Romania’s economy grows by 4.2% in the first quarter

Romania’s gross domestic product (GDP) increased by 4.2% in the first quarter of 2015 compared to the same quarter of last year, according to data released by the National Statistics Institute (INS) on Wednesday, May 13.

The Parliament adopted the Business Angels Law, which could transform any person with money and tax records to an investor

The law was adopted on 29 of April, being part of the Government strategy for developing an active, incentive and transparent business environment,

Possible merger between Mega Image and Ahold

Belgian supermarket chain Delhaize, the owner of the Mega Image supermarket chain in Romania and Dutch retailer Ahold have started negotiations on a possible merger, according to Belgian newspapers, cited by Reuters.

DTZ to buy Cushman&Wakefield for 2 billion $

Exor signed an agreement for the sale of Cushman&Wakefield to the real estate company DTZ for 2 billion dollars, including debts.

European non-listed property funds deliver best performance since 2006

European non-listed real estate funds delivered their best performance since 2006 last year, according to INREV. The industry body’s annual index recorded an 8% return, the highest since before the financial crisis.

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