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7.5m-euro investment in children's furniture plant near Bucharest

Romanian-held Romina Furniture, a manufacturer of environmentally-friendly children's furniture, which exports mainly to the US, has invested over 7.5m euros in retooling the plant located 3...

Ziarul Financiar · 24.06.2008 · 20:44 · 1 min
ZF English

Colas takes over ISAF in Bucharest

French group Colas, with turnover worth over 11bn euros, part of the Buoygues giant, has acquired the Railway Signalling and Automation Company ISAF SA in Bucharest, through its Colas Rail d...

Ziarul Financiar · 24.06.2008 · 20:44 · 1 min
ZF English

Will apartment prices in Bucharest continue to fall?

The prices of old apartments in Bucharest saw the first declines in the first half of the year, and the trend could continue over the next few months, amid a reluctance manifested by potenti...

Ziarul Financiar · 23.06.2008 · 19:24 · 1 min
ZF English

Bucharest forex market stabilises around 36bn-euro transactions a month

Although it has seen steady growth over the last few years, the Bucharest forex market still falls behind other regional markets. The overall volume traded on the Bucharest forex market fell...

Ziarul Financiar · 20.06.2008 · 20:36 · 1 min
ZF English

Bucharest attracts two thirds of foreign investments

Bucharest attracts 64% of foreign investments compared with the Northeast region, which only gets 1.2%. This is the most significant gap in terms of the impact foreign investment s have on e...

Roxana Pricop · 20.06.2008 · 20:33 · 2 min
ZF English

Mega Image invests in new Bucharest supermarket

Mega Image, part of the Belgian group Delhaize, opened its 24th store in Bucharest on Wednesday, in the wake of a 1.2 million-euro investment, whilst the company plans to open another four s...

Ziarul Financiar · 19.06.2008 · 19:46 · 1 min
ZF English · Events

Highest-paid business gurus visiting Bucharest

Jack Welch, one of the most renowned and controversial CEOs of all time, earned 250,000 euros for his lecture in Bucharest two weeks ago, according to market estimates. The second position i...

Alina Pahoncia · 18.06.2008 · 19:12 · 2 min
ZF English

Colliers: Old apartments in Bucharest 4.4% cheaper last month

The average price of old apartments in Bucharest fell by 4.4% in May compared with April, from 1,892 euros/square metre to 1,808 euros/square metre, according to Colliers International's rea...

Ziarul Financiar · 17.06.2008 · 21:12 · 1 min
ZF English · Real Estate

ERA Iasi, the largest retail park outside Bucharest

The project in Iasi will cover a built area of 160,000-sqm on a 35-hectare plot, in the wake of investments worth 175m euros. Nicolae Danciu, manager of Omilos Group, a real estate developme...

Cristi Moga · 17.06.2008 · 21:10 · 2 min