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Articles

ZEW: Romania’s economic outlook has improved

The financial analysts’ perception of Romania’s economic outlook over the next six months has improved slightly in November, from 20 points last month to 23.6 points, ZEW data show.

DTZ Echinox: New office demand up by 40 pct in Bucharest in first nine months

Some 195,000 sqm of office space were leased in Bucharest in the first three quarters of this year, take-up representing 80 percent or about 156,000 sqm (up by 25 percent y-o-y), according to data from DTZ Echinox.

Telekom Romania receives offers for Telephone Palace in Bucharest

The management of Telekom Romania Communications, the former Romtelecom, has received offers for the Telephone Palace in Bucharest. After checking the documents, they will be sent to the Ministry of Culture, which has the right of first refusal on taking over the property on behalf of the state.

CEE managers plan to raise salaries to keep good employees

Managers in the Central and Eastern Europe plan to raise salaries in 2015 to retain good employees, as qualified and motivated staff is vital for business sustainability, according to the KPMG report “Pulse of Economy 2014,” cited by local Mediafax.

Immochan already constructed 75 pct of Coresi Mall in Brasov

The Coresi Shopping Resort in Brasov, developed by Immochan, the real estate division of French retailer, scheduled to open next spring, is 75 percent constructed at the end of November, the company announced Monday, quoted by Mediafax newswire.

Unemployment rate in October – 5.13 percent, up against September

The rate of unemployment at the end of October was 5.13 percent, higher by 0.02 percentage points than that of September and by 0.27 percentage points under that of October 2013.

Number of employees in Romanian SMEs to go up by 600,000

The Romanian Government wants to increase the number of employees in small and medium-sized enterprises (SMEs) by 600,000 over the next six years, according to the Government strategy until 2020, cited by local Digi24.

NEPI to raise EUR 100 mln for Promenada Mall acquisition, buys new land plot for new office development

South-African real estate investment fund New Europe Property Investment (NEPI) will raise another EUR 100 million new capital via an accelerated book build (ABB) to finance the acquisition of the Promenada Mall in Bucharest, Romania, and other future projects, the fund announced on Monday.

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