Romanian Archives

Romanian IT solutions provider for retail targets €100 million turnover and new markets – EuropaProperty

Romanian Business Consult (RBC), the largest local IT solutions provider for the food and retail industry, plans to reach a €100 million turnover in the next 5 to 7...

Retail News

Largest Romanian online retailer sets foot in Poland via acquisition – EuropaProperty

Romanian online retailer eMAG will enter the Polish market by acquiring Agito, one of the largest online shops in Poland, the company recently announced.eMAG filed a request with the...

Retail News

Romanian IT&C retailer opens 11 new units this year – EuropaProperty

Romanian IT&C retailer Flanco has opened two new stores in the capital, following a €340,000 investment, and ends 2014 with 11 new units and a total network of 89...

Retail News

NEPI opens new mall in Romania – EuropaProperty

Real estate investment fund NEPI, currently the largest such investor on the Romanian market, has opened its mall in Targu, following an investment of €30 million. The Shopping City...

Retail News

Romanian consumers are more patriotic after the crisis – EuropaProperty

“The crisis awoke some sort of patriotism among Romanian consumers, who see the cooperation with Romanian companies as a solution to revive the economy,” said Dragos Paval, president and...

Finance

Bank of Cyprus sells stake in JW Marriott hotel in Bucharest to Strabag – EuropaProperty

Bank of Cyprus will sell its 35.3 percent stake in the Romanian company that controls the JW Marriott five-star hotel in Bucharest to Austrian group Strabag, the bank has...

Finance

RBS sells corporate portfolio to UniCredit Tiriac Bank – EuropaProperty

Romanian financial group UniCredit Tiriac Bank has signed an agreement with Royal Bank of Scotland to take over the corporate business division of RBS Romania. Following the agreement, UniCredit...

Office Leasing

Romanian International Bank sets up new HQ in Hermes Business Campus – EuropaProperty

Romanian International Bank, recently acquired by Getin Holding, has leased 3,500 sqm in Hermes Business Campus for their future headquarters. Romanian International Bank will be branded as Idea Bank...

Finance

Tiriac exits UniCredit Tiriac bank – EuropaProperty

Wealthy Romanian entrepreneur and former tennis player Ion Tiriac recently sold his 45 percent stake in lender UniCredit Tiriac Bank to the majority owner of the bank, the Italian...

Retail News

Romania’s largest do-it-yourself retailer goes multinational – EuropaProperty

Romanian do-it-yourself retailer Dedeman has recently announced it will invest €30 million for expanding its business to the neighbouring Republic of Moldova. Dedeman plans to open two stores in...

General

Liebrecht & wooD Romania to focus on real estate development – EuropaProperty

The Romanian branch of the Liebrecht & wooD Group, a European commercial real estate developer, is accelerating its growth on the local market with over 94,000 sqm of commercial...

General

Hilton expands in Romania with new Hampton by Hilton in Iasi – EuropaProperty

The former Europa Hotel in the Romanian city of Iasi will re-brand under Hampton by Hilton, after undergoing a full renovation. The 15-storey building owned by Romanian firm Inproiect...

Tag: Romanian