demand
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Demand still not enough to fill all empty office spaces
The office market has shown some signs of a rebound, but current demand from companies is not enough to fill all the empty spaces in Bucharest, so that some office owners risk seeing their buildings still vacant.
High demand forces HeidelbergCement to build new plant
German group HeidelbergCement will build a new cement plant next year using investments in the region of around 300-330 million euros, while the current facilities in Bicaz, Fieni and Deva a...
Seat: old and new Ibiza models both in demand
Bogdan Militaru, Seat brand manager at Porsche Romania, the largest automotive importer in terms of turnover, says the launch on the local market of the new Ibiza has not affected sales of t...
Higher demand for Nike brings Elmec sales to 23m euros
Sales of Elmec Romania, a division of Greek clothing and footwear distributor Elmec Sport went up 34% in the first six months of the year, compared with the same time last year, and reached...
Supply of new homes in Bucharest is a quarter of demand
Real estate developers will deliver around 40,000 new apartments onto the Bucharest market in the coming five or seven years, three times lower than the demand, estimated at 130,000 units, S...
Grandemar expands quarries to cope with demand
Cluj-Napoca-based Grandemar, a company that specialises in the extraction of rock for construction, announced that it would invest more than million euros this year to modernise and expand q...
Interest rate increase tempers consumer demand
The growth rate of consumer credits slowed down in the first month of the year, marking a 3.1% monthly advance, given that banks significantly increased interest rates since last autumn, ami...
Half of new flats in Bucharest are empty, despite demand for over 100,000 units
Despite demand estimated at 135,000 units, half of the 2,000 new homes completed in Bucharest last year are empty, reveals an analysis by Polish consultancy company REAS in partnership with...
InBev surprised by 5-8% lower demand at yearend
Mihai Ghyka, general manager of InBev Romania, producer of Bergenbier, says in the last three months of 2007 beer consumption experienced a downward trend for the first time in recent years...