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Immofinanz to invest EUR 34 mln in expanding Iride Business Park in Bucharest

Austrian real estate company Immofinanz Group will invest EUR 34 million from its own funds to build an additional 20,000 sqm (GLA) of office space in the Iride Business Park in Bucharest, the company announced on Wednesday.

Flash Office Solutions to open its first hub, with fixed price of EUR 110 monthly for an office

Flash Office Solutions launches its first hub, Flash Hub, with working posts at a fixed price of EUR 110 per month in office-sharing system, within its centre situated in Maria Rosetti Tower in downtown Bucharest.

Mars Inc. and Royal Canin to consolidate their Romanian operations

Mars Inc. has extended the lease for the premises of approx. 600 sq. m occupied within the office building situated on 169A Calea Floreasca St., owned by NEPI. Royal Canin has relocated next to its parent company, Mars Inc., renting an office space of approx. 350 sq. m on the 7th floor of the A building, in order to offer more visibility to the operations in Romania and to be more efficient in their communication with the clients.

Romanian Promenada Mall in Focsani opens leisure area after EUR 0.7 mln investment

A new leisure area, which includes a Colours Cinema, a food court and a space dedicated to children, was recently inaugurated in Promenada Mall shopping center in Focsani, Eastern Romania, after an investment of EUR 700,000.

Bosch to open new research and development office in Cluj in 2015

Germany’s Bosch on Wednesday said it will open a new office in Cluj-Napoca (north-western Romania), at the beginning of 2015, where it will develop software solutions for new products.

Prices of Bucharest flats, down by 4% from 2013

The prices of Bucharest flats have decreased in the past year by 4%, with the largest decline having been recorded for 4-room flats, which had an average price of 88,731 Euros in November 2014, by some 4,000 euros less than 12 months ago, reads a survey issued on Tuesday for Agerpres.

Bucharest blazes ahead of all other European capitals with its broadband speed

Bucharest is leader of the pack in a ranking of European capitals based on the average Internet connection speed.

Romania had biggest economic growth in EU after third quarter

Romania’s economy advanced the most this year at the end of the third quarter, compared to the rest of EU’s member states, according to the second Eurostat estimate published on Friday.

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