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Articles

Royal Ahold takes over Mega Image’s owner for EUR 9.3 bln

Dutch retailer Royal Ahold has reached an agreement to buy Belgian Delhaize Group for about EUR 9.32 billion (in shares) in what has been called “the industry’s biggest transaction for almost a decade,” according to Bloomberg. Delhaize Group operates some 423 stores in Romania mainly under the Mega Image retail brand.

Foreign retailers invest 85.9 mln euros in local Romanian chains in first four months

Foreign retail players made capital infusions of 85.9 million euros in local chains in the first four months of this year, by 63pct higher compared to the same period in 2014, when these totaled 52.7 million euros, according to data with the National Trade Registry Office (ONRC).

Romania's Fiscal Code and Fiscal Procedure Code pass Chamber of Deputies vote

The new Fiscal Code and Fiscal Procedure Code passed the Chamber of Deputies on Wednesday with 309 votes for, two votes against and one abstention, according to Mediafax newswire.

Profi to double its rented space in a logistics park of Immofinanz in Ploiești

Immofinanz Group, one of the most important real estate investors and developers on the Romanian market and the largest office owner in Bucharest, announces the extension of the collaborations with Profi Rom Food.

Papalekas’s 23 floors tour takes shape near Aurel Vlaicu metro station

Office building Bucharest One, developed by the investment fund Globalworth, controlled by the businessman Ioannis Papalekas, takes shape nearly Aurel Vlaicu metro station and Pipera passage in Bucharest, as the structure of the building is erected and the glass facade is mounted for more than half of the building.

Skanska is testing the market in order to sell its second office building within Green Court project

Swedish group Skanska, which develops in Northern Bucharest the business park Green Court Bucharest, is testing the market in order to sell the second building off the project, currently in construction, where it has attracted tenants such as Adecco sau Sanofi, according to several sources in the market.

Romanian business environment had a satisfactory evolution in the second semester of 2014

The Romanian business environment had a satisfactory evolution in the second semester of 2014, after three consecutive previous quarters in which the economic evolution was unsatisfactory, which significantly affected the SMEs sector, National Council for Small and Medium-Sized Enterprises of Romania (CNPIMMR) Chairman Ovidiu Nicolescu told a press conference on Thursday.

Amazon opens offices in Prague 6

Amazon opened its office at The Blox in Prague-Dejvice.

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