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Office transactions top in nine months: Renault, Vodafone and Orange signed biggest leases in Bucharest

The office request in Bucharest determined the vacancy drop from 15 pct to 14 pct.

More Romanian companies try to get green building certificates

The number of building for which owners have applied for a green certificate has increased from 2 to 200 in the last five years in Romania, said Steven Borncamp, CEO of Romania Green Building Council (RoGBC), quoted by local wall-street.ro.

Hotel chain owner builds apartments in Bucharest

Hotel owner Mohammad Murad has invested some EUR 4 million in a residential compound in Northern Bucharest, called Green Residence, according to Wall-Street.ro.

European Commission slashes 2014 economic growth outlook for Romania to 2 pct

The European Commission performed a massive revision to its forecast on Romania’s economic growth in 2014, reducing it from 2.5 percent (spring estimate) to 2 percent of GDP, writes Mediafax.

Softvision opens second Bucharest headquarters

Romanian software outsourcing company Softvision opened this Monday its second Bucharest office.

Intel’s software development center in Bucharest reaches 180 employees, looks for more engineers

American technology group Intel has hired 180 people in its software development center in Bucharest, which was opened in 2010, and will continue to add IT engineers to produce software for data centers, according to Monica-Ene Pietrosanu, the center’s manager, quoted by local Hotnews.ro.

Adamescu sells 3.6 pct of Unirea Shopping Center stake to stepson For EUR 0.5 mln

Romanian businessman Dan Adamescu has sold a 3.6 percent stake in Unirea Shopping Center to his stepson, Rani Palade, for RON 2.2 million (EUR498,400).

70,000 sqm of office space leased in Bucharest in Q3, says CBRE

The total amount of leasing activity (TLA) in Bucharest in the third quarter was of over 70,000 sq m, out of which take-up represented 80 percent, according to a CBRE report.

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