Real estate developers acquired land plots worth a total EUR720 million in capital city Bucharest over the last two and a half years (between 2020 and the first half of 2022), almost double the level recorded between 2017 and 2019, as per data from real estate consulting firm Cushman & Wakefield Echinox.
Astra Vagoane Calatori, a major player on Romania’s rolling stock market, controlled by Valer Blidar, will deliver the seventh tram for Bucharest and is set to reach 17 trams overall by yearend.
Booking Holdings, a global provider of online tourism services and related services, has officially opened the first Center of Excellence, in capital Bucharest, an investment estimated at EUR100 million over a five-year period that aims to create 500 jobs.
Humanitas bookstore chain, a major player on Romania’s book market, is opening a new bookstore in Bucharest, its fifth, in a monument building on Lipscani 42 street of Bucharest’s Old Town, close to Carturesti Carusel bookstore.
Promed System, which controls two Wellborn hospitals in Bucharest, has opened a maternity within Militari hospital with two surgery halls and 12 places.
Prices of Bucharest’s old three-room apartments dropped, on average, by EUR150 or 0.1% in August month-on-month, to EUR109,100, shows ZF real estate index compiled with real estate consultancy SVN Romania.
Bucharest’s Royal Hospital, founded by gynecologist Ioan Stoian, has budgeted 15-20% higher turnover for 2022 and will add two floors next year, according to its officials.
Real estate developer Hagag Development Europe has been authorized to start consolidation and renovation works on the Stirbey Palace, a historical monument in downtown Bucharest, where Hagag will develop its first retail project, H Stirbey Palace.
Real estate developer Hagag Development Europe has received the permit needed to start consolidation and renovation works on the Stirbey Palace, a historical monument in downtown Bucharest, where Hagag will develop its first retail project, H Stirbey Palace.
The four-star Cismigiu hotel of Bucharest, one of the city’s landmark buildings, controlled by Spain’s Hercesa, expects to reach EUR1.45 million turnover by yearend, 80% of the benchmark 2019 tear.
One United Properties (ONE:RO), one of the largest real estate developers in Romania, announced a transaction of EUR60 million on the Bucharest Stock Exchange on Tuesday afternoon through which it buys a plot of land in Sector 1 of Bucharest, on Poligrafiei Boulevard.
Adobe Systems Romania, the local subsidiary of the world’s biggest producer of graphic design apps, is looking to rent 25,000 square meters of offices in Bucharest and in line with ZF data the company is looking at the The Light project of Politehnica, mulling The Light Two building.
Bucharest’s Radisson Blu Hotel will have 200 additional rooms by end-2023, so that the entire compound made up of Radisson Blu and Park Inn by Radisson Hotel & Residence Bucharest will comprise around 860 rooms, in line with data provided by the company’s representatives.
Medima Health, a network of clinics specializing in medical imaging and radiology, has opened a clinic in the Jiului area of Bucharest, following an investment of EUR1.5 million, company officials say.
The office building situated in Thomas Masaryk Street no. 19, District 2, will become an important medical simulation center starting this year, following the transaction between MAD Planning & Projects – which sold the building – and the “Carol Davila” University of Medicine and Pharmacy in Bucharest – which purchased the property. The transaction was […]
The Carol Davila University of Medicine and Pharmacy in Bucharest has bought an office building on Thomas Masaryk Street, owned by MAD Planning & Projects, where it will set up a medical simulation center starting this year.
Spartan, the restaurant chain founded by businessman Stefan Mandachi, sealed an agreement to take over five of Taksim units of Bucharest, for EUR1 million, and is in advanced talks to also buy the other three Taksim units of the capital city.
Cora retailer, the smallest player in the local food retail field by the number of stores and turnover, is remodeling its hypermarkets of Bucharest and one of Constanta, downsizing them and reconfiguring product ranges in what seems to be a first major move on the segment of large stores.
myPOS, the first and only fintech in Europe which offers merchants the possibility of instant settlement of funds at no extra cost, announces the launch of a store in Bucharest, three years after the launch of its omni-channel payment solution for small and medium-sized enterprises (SMEs) in Romania. The Bucharest store joins a number […]