AFI Europe starts refurbishment of Bucharest office project
AFI Europe Romania is investing around €1.6 million in the refurbishment of common spaces in the AFI Lakeview office project, in northern Bucharest. The building was taken over in...
Tag: Romania
HAGAG digitizes the sale process of its residential units
Real estate developer HAGAG Development Europe recently completed the implementation of Realpad Software, thus digitising sales operations for all residential units available in its ongoing projects H Pipera Lake,...
Iulius Holding gets €72 million loan from IFC for green office complex
The International Finance Corporation (IFC), a member of the World Bank Group, will provide a €72 million loan to Romanian developer Iulius Holding for the construction of an eco-friendly...
Belgian developer WDP announces new logistic project in Transylvania
Belgian real estate developer and investor WDP has announced its financial results for the first quarter of the year, also revealing its investment plans on the Romanian market. The...
Innova Capital acquires Romania’s PayPoint with EBRD backing
The European Bank for Reconstruction and Development (EBRD) has arranged a loan of €25 million to finance private equity firm Innova Capital’s acquisition of PayPoint SRL, a payment services operator...
ATOSS Software leases 2,000 sqm of office space in Vox Technology Park
ATOSS Software, one of the most important software companies active in the western part of Romania, leased 2,000 sqm of office space in Vox Technology Park from Timisoara. The...
Rompetrol extends lease agreement in City Gate
GTC has renewed its lease agreement with KMG Rompetrol – management and support services division of the KMG International Group – one of the key players in the fuel...
XXXLutz leases WDP’s warehouse in Dragomiresti
XXXLutz leased 6,000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s ring road. The new space will optimise the supply of its stores XXXLutz Militari and Pallady....
UiPath CEO Daniel Dines officially becomes Romania’s richest man
UiPath, the biggest robotic processing automation (RPA) company in the world, launched by two Romanian entrepreneurs in Bucharest in 2005, has set a price of USD 56 per share...
IKEA starts work on its third store in Romania
Swedish group IKEA, the largest furniture retailer globally, has started building a new store in Romania, in Dumbravita – near Timisoara. This will be the third IKEA store in...
IMMOFINANZ signs 25-year rental contract for 11,000 sqm in Bucharest
IMMOFINANZ has concluded a long-term rental contract for roughly 11,000 sqm with the Provita Group, one of the leading medical centre providers in Romania. Provita will occupy the entire...
Element Group acquires land in Piteşti for a logistic development
Element Group announced the acquisition of a new land plot of 2.7 hectares, at the entrance to Pitești, in the immediate vicinity of the A1 highway. “The positioning of...
