Recent articles
Dawn of the Romanian EmpireRomania˘s richest man, Dinu Patriciu, is taking advantage of the turmoil among small, London-listed companies to build a pan-European investment empire....
Romanians are less and less willing to save or the incomes they have available for saving are dwindling, reveal data from the NBR, which point to the lowest annual rise for deposits in RON - of 15.5%....
Dawn of the Romanian Empire
www.propertyweek.comRomania˘s richest man, Dinu Patriciu, is taking advantage of the turmoil among small, London-listed companies to build a pan-European investment empire. ...
Population's deposits barely see a rise, despite still high interest rates
www.zf.roRomanians are less and less willing to save or the incomes they have available for saving are dwindling, reveal data from the NBR, which point to the lowest annual rise for deposits in RON - of 15.5%. ...
Owners of Tractorul site ask banks for 100m euros
www.zf.roThe first stage of development of the Coresi project on the 120 hectare site of the former Tractorul plant in Brasov will include a shopping complex with a 90,000 square metre lettable area, for which the owners of the project, the Centerra Capital Partn ...
Is relaxation of lending terms coming?
www.zf.roBankers have become much more cautious when it comes to granting real estate loans since the beginning of the year, but now have to relax terms in order to find clients for loans. ...
Cheapest real estate fund: Lewis Charles is now worth less than 2m euros
www.zf.roBritish investment fund Lewis Charles, which had announced investments of around 200 million euros on the Romanian market, now has a capitalisation of 1.66 million pounds sterling (1.88 million euros), after the shares of the London Stock Exchange-listed ...
Piraeus asks shareholders to come up with 20m euros
www.zf.roThe management of Piraeus Bank Romania proposed an over 20 million-euro capital increase to the shareholders, by capitalising part of last year's profit, as well as by a cash contribution. ...
Carrefour to open 2-3 hypermarkets in 2009
www.zf.roFrench hypermarket network Carrefour will reach 25-26 operating stores by the end of this year, in the wake of overall investments put at 60-80 million euros, half the value of expansion projects completed by the company last year. ...
Sun Plaza close to completion: Cora gets its designated space
www.zf.roFrench EMCT company, which is developing the Sun Plaza mall in southern Bucharest, is now almost done with the project, turning over the space allotted to the hypermarket in Sun Plaza and setting October 29 as the date to inaugurate the biggest shopping ...
Mortgage loans resume growth in April, while consumer loans continue to fall
www.zf.roMortgage loans managed to resume growth in April - if the exchange rate impact is eliminated - after two consecutive months of decline, but bankers remain sceptical and expect fresh positive news before they can put their faith in a market rebound. Howev ...
Hercesa invests over 500 million Euro in Romania
www.bbw.roInterested in responding to the high demand on the residential market, Hercesa Imobiliara, a real estate developer, has set a development plan for Romania that includes investing 500 million Euro for the construction of more than 5,500 apartments in the ...