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Articles

Auchan starts the relocation of the 400 employees from its headquarters in Drumul Taberei

French group Auchan, which operates in Romania a network with 33 hypermarkets and registered last year over a billion Euros turnover, will start in the end of April to relocate the 400 employees from its headquarters to the office building developed by the company in Drumul Taberei neighbourhood in Bucharest.

Top companies with real estate assets of EUR 3.3 billion

NEPI, Immofinanz, AFI Europe and Globalworth, real estate groups with ongoing investments of more than EUR 880 million in new office projects and commercial centres reached EUR 3.3 billion on the local market, according to a ZF study based on the most recent companies’ reports.

Half of the Romanian-owned companies eye a 10 to 31 pct increase in turnover in 2015

In 2015, Romanian-owned companies measure their success by a combination of brand awareness (67 percent), number of employees (57 percent), financial results (53 percent), and customer satisfaction (52 percent), reads EY’s “A vision for growth” survey.

New apartment prices in Bucharest, up by 3.4%

New apartment prices in Bucharest went slightly up in March, by 3.4% over February, when they reached the lowest value since 2008.

Chances up for Romania’s Schengen accession this year, says president

President Klaus Iohannis believes there are chances, but not certainties, for Romania to be accepted in the Schengen area this year, according to Agerpres.

DTZ Echinox appoints new head of property management department

Mihaela Petruescu is the new head of the property management department of DTZ Echinox.

Romania, an outsourcing attraction for international companies and Romanian entrepreneurs

Romania is one of Europe’s most important destinations for business services investors, such as BPO, ITO or SSC suppliers, a sector worth currently roughly 1.2 billion Euro, with more than 60,000 employees. Although registering constant growth on the local market in the past few years, the business services industry experiences several challenges that hinder its proper development.

GTC plans to invest EUR 33 mln in two real estate projects in Bucharest

Polish real estate developer Globe Trade Centre (GTC) aims to draw from shareholders at least EUR 144 million through a capital increase to finance new investments, including two projects in Bucharest, valued at about EUR 33 million.

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