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Articles - Rezultate financiare

Novo Park and West Gate produce €33m in revenues in 2013

Liviu Tudor, owner of the office complex West Gate and Novo Park amassed revenues of €33m in 2013.

H&M passes the EUR 100 mln sales mark in Romania

The H&M Group’s sales including VAT increased in local currencies by 9 percent during the financial year. Sales in comparable units were unchanged. Converted into SEK, sales excluding VAT amounted to SEK 128,562 m (120,799), an increase of 6 percent.

Impact estimates business growth for next two years

Impact (IMP) estimates for next year a turnover of approx. EUR 26 million, aiming to reach EUR 50 million / year by 2016, while its operational profit is estimated to EUR 1.6 million in 2014 and EUR 22.5 million in 2018.

Is real estate market in recovery? Good signs for 2014

The real estate market is still in standstill, but signs of a slow recovery exist, the officials of The Insolvency House Transilvania (CITR) said.

How Much Money the Biggest Real Estate Projects Owners are making in Bucharest

The office buildings and commercial centres owners in the main Bucharest areas such as Piaţa Victoriei, Băneasa, Dimitrie Pompeiu or Militari, are annually cashing out from rents more than EUR 340 million.

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.

80 pct. Profit Increase for NEPI’s Shareholders

South-Africa’s investment fund New Europe Property Investments (NEPI) registered in the first nine months EUR 35.9 million profit for its shareholders, with 80% increase compared to the profit registered in the similar period of last year, EUR 19.9 million.

Ploiesti Shopping City generates EUR 25 million sales in first year

Ploiesti Shopping City, the mall developed by Carrefour Property and New Europe Property Investments (NEPI) near Ploiesti, has attracted some 5 million visitors and has generated over EUR 25 million in sales in the first year after the opening, according to the company.
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