Romanian Archives

COS opens its first store in Bucharest – EuropaProperty

Fashion brand COS, part of H&M group, has entered the Romanian market and opened its first store on Calea Victoriei in Bucharest. Colliers International advised on the lease transaction...

Retail News

Romanian investor expands his new mall due to high demand – EuropaProperty

Romanian investor Florin Pogonaru has decided to expand by 16 percent the area of his Veranda shopping center, which is being developed on a 4.5-hectare plot near Bucharest’s Obor...

General

BuildGreen assists over 1 million sqm of certified buildings in Romania – EuropaProperty

BuildGreen, a leading consultant in the field of sustainable building design, development and certification on the Romanian market, has acted as advisor in the green certification of more than...

Retail News

French retailer wants to sell Romanian products abroad – EuropaProperty

French group Auchan wants to sell over 300 Romanian products in three European countries next year. The company estimates that it will work with 100 local suppliers and the...

Investment Market

Iulius Group starts €220 million mixed real estate project in Timisoar – EuropaProperty

Romanian real estate developer Iulius Group has started working on its €220 million mixed real estate project in Timisoara, which will include the tallest office building in Romania. The...

General

Strabag enters Romanian market – EuropaProperty

Austrian construction group Strabag has decided to enter the Romanian real estate development market by taking over the local team of real estate developer Raiffeisen Evolution. The new employees...

General

Austrian group Erste names Romanian CEO for Romania’s largest bank – EuropaProperty

Austrian group Erste has named Romanian Sergiu Manea to take over as CEO of BCR, Romania’s largest bank, starting the end of September. Manea will replace Czech executive Tomas...

Retail News

Romanian retailer Profi opens 4 new stores, gets closer to 350 units target – EuropaProperty

Romanian retailer Profi has opened four new stores in Romania, reaching a network of 324 units. It plans to get to 350 shops and supermarkets by the end of...

General

GTC finalizes debt restructuring of its Romanian subsidiaries – EuropaProperty

Globe Trade Centre S.A. (“GTC”) successfully restructured the loan agreements of its Romanian subsidiaries with the European Bank for Reconstruction and Development (“EBRD”). GTC signed the agreement with EBRD...

Retail News

Romanian IT&C retailer Flanco increases sales by a fifth – EuropaProperty

Romanian IT&C retailer Flanco Retail recorded in the first four months of the year a 20 percent increase in sales compared to the same period last year. Its business...

Retail News

Romanian toy retailer Noriel opens €0.5 million Mega Store – EuropaProperty

Romanian toy retailer Noriel has recently opened its largest store in the new commercial centre Coresi Shopping Resort in Brasov. The store, which covers 1,024 sqm, required a €500,000...

Retail News

British retailer set to open store in Bucharest – EuropaProperty

British group Debenhams, which exited the Romanian market over a year ago, is set to reopen a new store on the local market. The unit will be located in...

Tag: Romanian