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Articles

Bucharest Mall’s reconstruction closes main entrance

Renovation work on the facade of Bucharest Mall has started.

Genpact reconsolidates its Bucharest team to a single building

Indian outsourcing services provider Genpact has pre-leased an area of approx. 22,000 sq. m in a building of the project Hermes Business Campus in Dimitrie Pompeiu area (project developed by Belgium’s Atenor), which will be completed in the first half of next year, according to sources in the real estate market.

New residential projects relocated from Bucharest’s outskirts to central and semi-central areas

Main criterion for the acquisition of a house after 2008 was the price, so most of the new residential projects were placed in Bucharest’s peripheral neighbourhoods, mainly in the South or West or in nearby localities.

Winners celebrate at the 10th annual SEE Real Estate Awards

EuropaProperty has successfully completed its 10th annual SEE Real Estate Awards at the Radisson BLU Hotel in Bucharest, Romania. The awards gala was heralded as a great success and was well received by all winners and their guests.

Bucharest real estate developer promotes financial director as general manager

Affan Yildirim is the new general manager of real estate developer Anchor Group, starting April 22.

Over 2.6 million firms registered in Romania in the past 25 years

More than 2.6 million companies have been registered, and 1.13 million have been closed in Romania since 1990, according to data from the Romanian Trade Registry’s Office ONRC.

Romania supports small and medium enterprises with EUR 3.3 mln

The Romanian Government released on April 22 RON 15 million (EUR 3.3 million) to launch and carry out programs aimed at supporting the small and medium-sized enterprises (SMEs).

JCRA improves Romania’s rating outlook from stable to positive

The Japan Credit Rating Agency (JCRA) has announced the improvement of Romania’s long-term RON- and forex-denominated government debt rating outlook from stable to positive, BBB-/BBB, a Public Finance Ministry press release shows.
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