Iasi | Romania Feed

Real estate developer Iulius Group, held by entrepreneur Iulian Dascalu, plans to develop a new real estate project in the central area of the city of Iasi, where it already invested in the Palas Iasi complex, in the vicinity of the Culture Palace.

Tei pharmacy chain, one of Romania’s most dynamic businesses, controlled by entrepreneur Roxana Maftei, is readying four new store openings in Bucharest, but is also set to expand to Brasov and Iasi.

Swedish-held Medicover, the third largest private medical service provider in Romania, targets investments of EUR4 million in imaging centers in four large Romanian cities - Iasi, Constanta, Craiova and capital city Bucharest, respectively.

Pharmaceutical company Ropharma (RPH.RO) held by several Cyprus-based companies has secured approval from shareholders to sell an 8,852 square meter plot on Soseaua Bucium in Iasi to Rewe Projectentwicklung Romania, the real estate arm of Germany’s retailer Penny.

Greenfield Copou Residence, a company held by Impact Developer&Contractor, has bought a plot of land of 25,930 square meters in the historical part of the city of Iasi, on Dealul Copou (Copou Hill), where it will build a residential complex with over 1,000 apartments.

Pharmacy chain Ropharma (RPH.RO), owned by Mihai Miron, summoned shareholders for August 10 to approve the sale of a land plot in Iasi for RON2.02 million plus VAT.

Construction material retailer MAM Btricolaj will open two new stores in Brasov and Iasi by yearend.

International Finance Corporation (IFC), member of the World Bank Group, has granted a EUR72 million green loan to Romanian developer Iulius Group for the development of Palas Campus, an eco-friendly 60,000-sqm information technology complex in Iasi, northeastern Romania.

Counsel Group Frankfurt (CGF), specialized in providing software services and solutions, which owns offices in the cities of Bucharest and Iasi, continues its local expansion and is about to invest EUR700,000 in buying a new office space, of about 400 square meters, in Iasi.

Federatia Patronatelor din Industriile Creative – FEPIC (the Federation of Creative Industries Employers) expressed its intention of developing the first hub dedicated exclusively to the creative industries in Iasi, in partnership with the City Hall. The cultural project „CREATIVE HUB”, named in a conceptual manner Iasi Creative Space, aims to create a temporary unconventional space […]

Vetro Solutions, a distributor of veterinary drugs and services, on Wednesday said it is investing EUR4.5 million in a veterinary drug factory that will be built in Iasi until 2021.

Romcarbon (ROCE.RO), one of the major plastic packaging producers in Romania, said Wednesday it has agreed to sell a plot of land in Iasi to Office & Logistic for EUR250,000 net of VAT.

Real estate developer Impact Developer & Contractor (IMP.RO) is entering the local real estate market in the city of Iasi (north-eastern Romania), with the acquisition of a plot of land of 19,068 square meters, in the city’s Copou area.