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Bosch Officially Opens Research and Development Centre in Cluj

German group Bosch has officially launched this month the new research and development centre in Cluj, a press release informs.

Pirelli to invest €105m in Romania factory

The Italian tire producer Pirelli will invest €105m to expand its Slatina factory.

Immofinanz plans office and residential projects in Buchares

Immofinanz Group announced plans to develop an office project in northern Bucharest as well as a residential complex in the capital’s Berceni neighborhood.

Benta family to build office building for E.ON

The Benta family announced it would develop an office building called E.ON Tower in the city of Targu Mures for the natural gas and electricity supplier.

Tagor Builds in Timisoara 1,200 Apartments with EUR 110 Million

Real estate developer Tagor started the construction of the third residential complex in Romania, in Timisoara, within an investment plan of EUR 100 million.

Garanti Extended Lease in Novo Park

The group Garanti Romania has extended with five years its lease for the headquarters within the business park Novo Park, developed by Genesis Development in Pipera area in Bucharest.

Vectra Service files for insolvency

Romania’s Vectra Service, one of the biggest constructions company, filed for insolvency on Wednesday, due to falling road public acquisition contracts, which generated the bulk of business, and low private investments in the Brasov area.

AFI Europe’s Retail Assets Market Value in Romania

The two malls in Romania of the Israeli developer AFI Europe, situated in Bucharest and Ploiesti reached a total market value of EUR 433 million.

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