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Green light for shopping center behind historical building in Bucharest

The Bucharest City Hall has given the green light for a 12,000 sqm shopping center behind the Stirbey Palace on Calea Victoriei, downtown Bucharest.

Total net assets of five SIFs stand at 6.58 billion lei at end-2014

The net assets of the five financial investment companies /SIFs/ put together stood, in late December 2014, at 6.58 billion lei, by 0.5% higher compared to that in the previous month and by 0.4% lower than in 2013, according to the data released on Wednesday by the Association of Asset Managers in Romania /AAF/.

Half of CEOs in Romania are very optimistic about revenue growth

CEOs in Romania are more optimistic about the growth prospects of their companies but remain cautious about the global economic context, according to the PwC Global CEO Survey 2015.

New underpass to connect Unirea Shopping Center to Bucharest metro

Unirea Shopping Center in Bucharest will be connected to the Unirea metro center through an underpass set to be finished within five months, according to an announcement by Metrorex, the operator of the Bucharest metro, quoted by Mediafax.

Offices in Romania, 20 times cheaper than in Hong Kong

The office market in Romania is more than 20 times cheaper than in Hong Kong, which is the most expensive market in the world.

Logistics properties manager names new Country Head in Romania

Cora Stolz, 39, has become Country Head for the company PointPark Properties Romania (P3), a specialized investor, developer and manager of logistics properties in Europe.

Romania ranks last in EU in number of active SMEs

Romania has landed on the last place in the European Union as far as the number of active small and medium enterprises (SMEs) is concerned, and on the 17th place as far as the added value brought by SMEs, according to a survey of the Post-Privatizare Foundation, quoted by Mediafax newswire.

AFI Europe begins extension works on AFI Palace Cotroceni

Real estate investment and development company AFI Europe has begun extension and reorganization works on the AFI Palace Cotroceni shopping mall in Bucharest, its flagship project on the local market.

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