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Anda Todor, AmCham Romania
More attention needs to be paid to the qualitative approach, rather than quantitative»
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CTP invests in the facilities and infrastructure from CTPark Bucharest West

CTP continues to strengthen its position on the domestic market through a series of major investments in the development of CTPark Bucharest West. Currently, the property's built surface exceeds...

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European shopping centre completions fall 23 per cent as focus shifts to quality of space, says C&W Echinox

The rate of shopping centre development in Europe is slowing, with completions down 23 per cent year-on-year at 3.8 million sqm 2017, according to Cushman & Wakefield's latest European Shopping ...

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The office stock in the major Romanian regional cities has doubled over the past five years

The office stock in the major regional cities - Cluj-Napoca, Timisoara, Iasi and Brasov - has doubled over the past five years and will continue to grow at an accelerated pace, being expected to...

JLL advises Atrium Real Estate in Militari Shopping Centre transaction

JLL has advised Atrium European Real Estate Ltd. (Atrium) on the successful sale of Militari Shopping Centre in Bucharest, Romania, to MAS Real Estate, for 95 million Euro. The transaction, sign...

JLL Romania promotes Andrei Vacaru to Head of Capital Markets

JLL announces that Andrei Vacaru has been promoted to Head of Capital Markets JLL Romania, effective 1st August 2018.

Developers to deliver 380,000 sqm of new offices in Bucharest next year

Real estate developers will deliver 224,000 sqm of new office space in Bucharest this year, 84 per cent of these spaces being scheduled to open in the second half.

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CTP: smart expansion in a growing market

CTP, the most dynamic logistics and industrial parks developer in the country, will soon become a "millionaire" in square meters of premium logistics space. The company experienced a spectacular...

Hagag Development Europe starts its first office project in Bucharest

Real estate developer Hagag Development Europe, part of Hagag Group Israel, starts construction works for its first office project in Bucharest: H Victoriei 109. Over eight million Euro will be ...

Telekom Romania sells 18 million Euro land in Floreasca area to One United Properties

Telekom Romania announces the sale of a land located in Floreasca area in Bucharest to One United Properties.

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Atria Urban Resort, new residential project with 1,400 apartments near Straulesti Lake in Bucharest

Straulesti Lac Alfa SA, a company owned by SIF Moldova and Cityring Property announces the development of a large-scale residential village with 1,400 apartments set in four phases up to 2023, f...

UniCredit announces updates in the Mobile Banking application

UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian Traunfellner, Head of ...

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JLL Romania: 80 per cent of buildings under construction built according to international green standards

Stability and sustainability are the words that can describe the Romanian office market in 2017, according to Madalina Marinescu, Office Department consultant JLL Romania.

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Great potential comes with big challenges

The residential market in Romania registered new record investments in 2017, one of its best years so far - and analysts said the trend will continue for sure this year.

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New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the Prime Minister Vioric...

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar.

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Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in a news conference a...

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions handling national sec...

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PayU expands to Israel through ZOOZ

PayU, the leading financial services provider in global growth markets, announced the acquisition of ZOOZ, the payment technology platform that operates in Israel. The transaction supports the c...

Romania gets 450 million Euro loan from EIB for rural development programme

The European Investment Bank (EIB) is lending 450 million Euro to Romania to finance its national contribution to the implementation of the Romanian Rural Development Programme (RDP) together wi...

Engie acquires Romanian IoT company Flashnet, specialized in Smart Public Lighting

ENGIE announces the acquisition of 60 per cent of Flashnet, a Romanian Internet of Things (IoT) company.

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OTP Asset Management Romania launches open-end investment fund with exposure to the global real estate market

OTP Asset Management Romania launched the OTP Real Estate & Construction (OTP REC) fund to offer international exposure on the real estate and construction market.

TransferGo receives electronic money license

TransferGo, the international fast online transfer company, has been granted its e-Money license from the Bank of Lithuania. The license allows electronic money storage & transfer and other fina...

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Romanian bank to change name after takeover

U.S. investment fund J.C. Flowers is preparing to change the name of local lender Piraeus Bank, which they acquired at the end of last year from Greek group Piraeus.

Garanti Consumer Finance signs a loan agreement for seven million Euro with The Black Sea Trade and Development Bank

Garanti Consumer Finance, part of the financial group Garanti Romania, has signed a loan agreement of seven million Euro with the Black Sea Trade and Development Bank (BSTDB).

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Editorial

Daily Info
Transelectrica accelerates investments to increase the energy system safety in Dobrogea
The National Power Grid Company Transelectrica marked the completion of the second stage of the project of rehabilitation of the Station Transformation 400/110/20 kV Tulcea West.

CTP: smart expansion in a growing market
CTP, the most dynamic logistics and industrial parks developer in the country, will soon become a "millionaire" in square meters of premium logistics space. The company experienced a spectacular evolution in re...

New regulations adopted by ANRE will have a strong negative impact on consumers and endanger 4.500 jobs, says ACUE
The electricity distributors members of the Federation of Associations of Energy Utility Companies (ACUE) are deeply concerned about the negative impact on networks and consumers of the methodology to determine...

President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal
The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in a news conference at the Cotroceni ...

Vodafone to lay off 1,700 service center employees in Romania, India and Egypt
Vodafone, one of the biggest telecom groups in the world, will lay off 1,700 employees from its service centers in Romania, India and Egypt, in this financial year, the group's new CEO Nick Read said in an inte...