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Romania’s retail trade records largest decline in the EU

The volume of retail trade in Romania dropped by 1.4% in February compared to the previous month. It was the biggest decline recorded in the EU, according to EU’s statistical office Eurostat.

62 pct of foreign investors expect revenues to go up

In their effort to provide further input the Foreign Investors Council (FIC) developed its business sentiment index to bring its members assessment of their expectations of results of operations and growth expectations, capital investment outlook for the coming year, attractiveness of Romania compared to other similar geographic locations of their respective group companies, workforce plans and administrative, legislative and fiscal environment when conducting their businesses, reads a press release issued on Wednesday.

Belgian developer gets EUR 30 mln refinancing for office building in Bucharest

Belgian real estate developer Atenor received a EUR 30 million loan to refinance an office building in northern Bucharest.

Chinese company starts works at residential project in Craiova

Prime Minister Victor Ponta and Chinese Ambassador Xu Feihong attended on Tuesday the opening of a works site in Craiova, where a Chinese company builds a residential neighbourhood.

Dutch, Austrians and Germans, most important investors in Romania

Number of companies with foreign capital participation stood at 200,000 at the start of 2015

MetroCity Academiei to be completed next year following EUR 10 mln investment

Real estate developer with domestic capital Construct Aprodex will invest approximately EUR 10 million in MetroCity Academiei, a residential project located near the Military Academy in Bucharest.

Strabag to construct first two office buildings of Oregon Park project in Pipera

Austrian group Strabag, which became in the last years the largest player on the local construction market, will build the first two office building of the project Oregon Park in northern Bucharest, an investment of Portland Trust, group controlled by British Robert Neale.

Romania’s mergers and acquisitions market exceeds EUR 400 mln

The mergers and acquisitions (M&A) market in Romania exceeded EUR 400 million in the first quarter of 2015.

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