Bucharest
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Southern Bucharest, the new 'star' area for shopping malls
The Southern area of Bucharest, a location previously shunned by real estate developers, has unexpectedly become the new "star" for mall developers, with three shopping centre projects (City...
Vel Pitar moves plants outside Bucharest
Broadhurst investment fund, owner of the milling and bakery producer Vel Pitar, has decided to relocate its Bucharest plants and mill outside the city, to the south of the capital. Vel Pitar...
Chimopar sells land worth 21m euros in Bucharest
Bucharest-based Chimopar, a producer operating in the chemical industry, with a capitalisation of less than 6 million euros on the Stock Exchange, is set to sell a plot in Bucharest for over...
Furnizorul de servicii IT LLP Bucharest estimeaza pentru 2008 afaceri de 2,9 mil. euro
Furnizorul de servicii de consultanta si solutii informatice LLP Bucharest estimeaza pentru acest an o cifra de afaceri de 2,9 milioane euro, in crestere cu peste 30% fata de 2007, cand a at...
Cotroceni Park isi schimba denumirea in AFI Palace Bucharest
AFI Europe, divizie a grupului imobiliar israelian Africa Israel Investments (AFI), a anuntat schimbarea denumirii mallului pe care il construieste pe platforma UMEB din Capitala, din Cotroc...
DTZ: office costs in Bucharest up by 45%
Bucharest will climb nine positions this year in the ranking of the 137 most expensive cities in terms of annual usage costs of office space (which consist of rent and other expenses) to 102...
Hergan sells office buildings worth 46m euros outside Bucharest
Real estate group Avrig 35, controlled by businessman Alexander Hergan, one of the leading local developers, characterised by his discreet operations, has sold a portfolio of 18 properties f...
Electronic Arts starts to make video games in Bucharest
The largest producer of videogames worldwide, Electronic Arts (EA), is set to produce video games for computers, PS3 (Sony) and xBox360 consoles (Microsoft) in Romania, and has already rente...
Real: Bucharest still has room for twice as many hypermarkets
Tjeerd Jegen, managing director of Real Hypermarket Romania, a division of Metro Group, believes Bucharest's retail market still has room for at least 22-23 hypermarkets, i.e. double the cur...