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Articles

Dedeman, biggest retailer on the DIY market in Romania, builds its 4th store in Bucharest

Romania’s Dedeman is building its fourth store in Romania’s capital city, which will be inaugurated on Bucharest’s Theodor Pallady Boulevard in March.

Kaufland Romania to add 9 stores to its network in 2015

German-held food retailer Kaufland will continue its expansion in Romania in 2015 by opening nine more hypermarkets, bringing its local network to 111 stores, according to company data.

New Fiscal Code by February 15, Romanian Govt. keeps flat tax

The new Fiscal Code and the Fiscal Procedure Code will be finalized by the Government until February 15 and will be submitted to the Parliament by March 15, to be debated and adopted, said Prime Minister Victor Ponta. He added that the 16% flat tax will not be modified in 2015 and 2016.

The Advisers/Knight Frank: Office stock to increase with approx. 100,000 sq. m in 2015. We expect a number of pre-rentals

The number of office projects scheduled for delivery in 2015 is relatively limited and for the large tenats in the market wishing to relocate the options will also be limited, so we can expect that the request’s evolution to lead to a number of pre-renting transactions according to The Advisers/Knight Frank.

Over 53% of Romanian managers expect positive economic evolution in 2015

Over 53% of Romanian managers expect in 2015 a positive economic evolution, while 34% see a continuation of the crisis, according to a study made by KeysFin.

Demand for retail space to go up in 2015, says DTZ Echinox

After four years during which most retailers have concentrated on consolidation and brand repositioning and less on expansion, 2014 has seen a more dynamic evolution which is expected to continue this year as well, according to representatives of real estate consultancy firm DTZ Echinox.

Romanian M&A market recovers after economic crisis

In the past two years, the Romanian M&A market has shown signs of recovery despite being still dominated by small to medium deals, with slightly increasing values. But the future sounds good for the sector, say specialists. They expect the market to grow both in 2015 and 2016, while some sectors will face a significant consolidation.

Metro line plans advance to feasibility study stage for Romania’s western city of Timisoara

Nicolae Robu, the mayor of Romanian city of Timisoara, recently said that a feasibility study will be made for the project to build a metro line in the city, reports local publication Ziua de Vest.

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