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Articles

Financial Control Authority is looking for new headquarters

The Financial Control Authority (FCA) started to analyze the possibility of relocation, more modern and more adapted to current demands.

Romanian mall occupancy rate halves after hypermarket closes down

The occupancy rate of the retail center Galleria in the western Romanian city of Arad will go down by 50% starting June, according to market sources quoted by Mediafax.

Where does Romania stand in the world competitiveness ranking?

Romania ranks 47th out of 61 countries, in this year’s edition of the World Competitiveness Yearbook published by the IMD World Competitiveness Center in Lausanne, Switzerland.

Romania among most attractive countries in Europe for foreign investments

Romania entered the top 15 most attractive countries in Europe in terms of foreign investment (FDI) projects attracted in 2014. This is a first for Romania, according to the latest EY – European Attractiveness annual survey.

Northern Bucharest, overcrowded: from where will come the new bubble in office development

The northern area almost reached its maximum development potential, new business poles following to develop in Bucharest, one of those being the Centre-West axis, mainly Orhideea zone in Bucharest.

Gallinella, close to bring Savills on Romanian real estate market

Savills, one of the largest real estate brokers in the world is close to entering the Romanian market, as Alessandro Gallinella, former CBRE and BNP Paribas Real Estate broker is in negotiations for the takeover of the franchise, according to sources in the market.

Papalekas: In 2-3 years problems could reappear on Bucharest office market

In 2-3 years problems could reappear on Bucharest office market, as there are more and more developments and the request will not keep up with the deliveries dynamic, said the businessman Ioannis Papalekas.

Romania has 22,000 fewer jobless

The unemployment rate in Romania reached 5.12% at the end of April, down 0.25% compared to the previous month and down 0.02% year-on-year.

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