projects
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2011, a new beginning on office market
2011 is set to be the year of a new wave of projects for the experienced office market developers though the vacancy rate in Bucharest is still around 15%.
Liviu Tudor has five projects worth 35m-euro together under way
Businessman Liviu Tudor, who, despite being the biggest Romanian office owner, very seldom made statements to the press, is continuing real estate investments this year, with work under way...
Over 200m euros worth of wind energy projects set to become operational
Energias de Portugal (EDP) energy group and Italy's Enel are due to complete works for the first wind farms they are building domestically in a few months. The two groups' investments come i...
Over 40,000 projects worth 50 billion euros drawn up by consultants for EU money
After Romania joined the European Union in 2007, the local market was “flooded” by EU fund consultants, some better prepared then others, attracted by the hundreds or even thousands of euros...
BT to finance EU-backed projects worth 100m euros
Banca Transilvania (BT) has launched a platform of services dedicated to beneficiaries of EU funds and wants to finance projects worth 100 million euros in 2010, bank officials say.
Plus: We've come to buy plots of land from investors and develop our projects on our own
What further expenses can a discount retailer that operates with the smallest costs on the market give up? Norbert Missbrandt, head of Plus network, says he has not touched the expansion bud...
1,000 new apartments sitting unsold in Bucharest
The number of empty apartments in Bucharest is on the rise, with the largest projects on the market alone having around 1,000 homes available for sale, according to an analysis conducted by...
Hungary's Ablon developer freezes all projects in Bucharest
Hungary's Ablon developer, controlled by Austria's Volksbank and Israeli businessman Uri Heller, announced it decided to further develop only three projects of its portfolio, two in Budapest...
GTC: Funding for our ongoing projects is ensured
Representatives of Globe Trade Center (GTC), one of the leading real estate developers on the Romanian market, says the company's short term investments amount to 318m euros, with funding fo...