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Articles

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.

A new edition of Facility & Property Management Conference, dedicated to buildings maintenance!

The seventh edition of the event Facility & Property Management Conference will take place on 10th of June, at JW Marriott Grand Hotel, Bucharest, event dedicated to the specialists in the area of building maintenance and utilities management.

UniCredit to raise number of IT centre employees by 20 pc

UniCredit will raise by 20 per cent the number of employees at its IT centre in Romania, a centre set up in 2005 and which currently has approximately 1,400 employees. At the same time, the Italian banking consortium wants to get involved in financing IT&C industry entrepreneurship but also in developing tertiary IT education.

Regus Encourages the Bucharest’s Business Environment by Opening a New Business Centre in Green Gate

Regus, the world's largest provider of flexible workspace, based in Luxembourg and listed on the London Stock Exchange, is going to open in May a new business center, which is just a few steps far from the public transport hub of Piata Chirigiu.

French retailer Carrefour ponders taking over the local operations of supermarket network Billa.

Mega Image also considered the transaction, but withdrew from the race. The deal could amount to EUR 70-90 million, according to market sources, cited by local Ziarul Financiar.

Cypriot fund buys real estate in Romania

Cyprus-based investment fund Secure Property Development & Investment recently bought the Praktiker store in Craiova, a part of the Delea Noua Office Building in Bucharest and houses located on the Grivita lake and in the south of Sofia, Bulgaria.

Ioannis Papalekas intends to buy Automatica land in Floreasca

Real estate investment fund of Global Finance is in advanced negotiations with Ioannis Papalekas, one of the biggest investors on the Romanian real estate market, for the sale of the project (land) Auto­matica/ Ford Building in Calea Floreasca from Bucharest, according to sources in the market.

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