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.
Vlad Teodorescu, managing partner of Donna Medical Center of Bucharest, a business set up in 2011 by Elena Claudia Teodorescu, a radiologist specialized in breast imaging, says the company is set to further develop organically on the Bucharest market.
Romanian real estate developer Eden Capital Development announced that it obtained the building permit for a EUR200 million residential complex in capital Bucharest.
Glovo will be moving its head office in Romania to a space leased in the second phase of the U•Center office project developed by Forte Partners in Bucharest’s Tineretului area.
U.S. investor Morgan Stanley, who had bought the America House office building in Victory Square in downtown Bucharest in 2019, has completed its EUR10 million investment in upgrade works.
SIF SPV TWO, a company of the SIF Banat-Crisana (SIF1.RO) Group, on Wednesday bought the site of the „Tutunul romanesc” plant in Bucharest. The previous site owner was Interagro SA, a company under reorganization, and SIF SPV TWO bought it at an auction held by insolvency specialist CITR, for EUR33.5 million.
Real estate developer Hagag Development Europe, part of Hagag Group of Israel, on Thursday announced a new upper-premium residential project in capital city Bucharest - H Primaverii 1, and the investment is estimated at over EUR20 million.
French retailer Carrefour, present on the local market since 2001, has decided to extend its lease contract for 5,000 square meters of office space within the Green Court project developed by Sweden’s Skanska in northern Bucharest, in the Barbu Vacarescu – Floreasca area.
Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, extends its lease contract for an additional office space of 1,000 square meters within the Globalworth Tower in capita city Bucharest.
SoftServe, a technology company and specializing in consultancy services and software development, has opened a new office in Romania’s capital city of Bucharest, as part of its strategy to expand global delivery capabilities.
Anchor Grup, a major real estate developer in Romania, will build a new housing compound in Bucharest, Select Residences, in Dristor/Vitan area, in the wake of planned EUR40 million investments.
Germany’s Bosch is consolidating its development activities in Romania and the strategic position within its global engineering network, by expanding the Bosch Engineering Center in capital Bucharest, within the company’s head office.
Austrian real estate developer S Immo said in a statement on Thursday that it reached an agreement to acquire the office project Expo Business Park in northern Bucharest from Portland Trust.
Cybersecurity solutions producer Bitdefender has invested over EUR50,000 in upgrading a computer lab for the students of the Faculty of Automation Control and Computer Science within the Polytechnic University of Bucharest.