May 31, 2010 13:20

Cocor store to open in September

Cocor store to open in September

The Cocor store in Bucharest, which closed in 2008 for expansion and refurbishing works, will reopen in September, with 74 percent being currently rented out, the company has announced.

May 31, 2010 13:18

Chinese investors ready to swoop on construction works for Cluj airport runway

Chinese investors ready to swoop on construction works for Cluj airport runway

Chinese investors are interested in taking part in the bid to build the new runway at Cluj international airport, said the president of Cluj county council, Alin Tise, quoted by Mediafax newswire.

May 31, 2010 11:22

Alinso Group plans 15,000-sqm new building

Alinso Group plans 15,000-sqm new building

Alinso Group has announced that it is allotting 15,000 sqm to start a new building for SMEs in Ploiesti West Park. The value of the investment in this project will start at EUR 6 million and vary according to the facilities and additional improvements requested by contractors.

May 25, 2010 11:42

AFI Palace Cotroceni sees shops change, maintains occupancy rate

AFI Palace Cotroceni sees shops change, maintains occupancy rate

AFI Palace Cotroceni, which opened last year on a 214,000-sqm surface, is close to 96 percent occupied, Israel Vizel, manager of the Romania malls divisions & AFI Palace Cotroceni, told Business Review.

May 25, 2010 11:41

Saint-Gobain Glass puts EUR 6 million into production line

Saint-Gobain Glass puts EUR 6 million into production line

Glass producer Saint-Gobain Glass is investing another EUR 6 million in an industrial production line for laminated safety glass at its existing facility in Calarasi.

May 25, 2010 11:40

Den Braven sales up 38 percent in Q1, predicts 15 percent turnover rise in 2010

Den Braven sales up 38 percent in Q1, predicts 15 percent turnover rise in 2010

Polyurethane foam manufacturer Den Braven Romania estimates a 15 percent increase in turnover for this year to EUR 35 million. Exports in January-April grew to EUR 4.68 million, compared to EUR 2.28 million in the same period of last year, while the company’s total sales reached EUR 9.25 million, 38.4 percent higher than in the same period of 2009.

May 25, 2010 11:38

Somaco Group reports RON 50 mln turnover for 2009

Somaco Group reports RON 50 mln turnover for 2009

Somaco Group has announced a RON 50 million turnover for last year, and the end of the first RON 10 million investment stage of modernizing and upgrading the group’s three plants.

May 25, 2010 11:38

Pada Murre opens store, Otter expands in Fashion House Outlet Center

Pada Murre opens store, Otter expands in Fashion House Outlet Center

Pada Murre has opened a 173-sqm store in Fashion House Outlet Center, while Otter has expanded its shop in the same location, thus reaching a 346-sqm surface. Both transactions were mediated by Cushman & Wakefield.

May 17, 2010 14:44

Liebrecht&wood to build new retail park in Bucharest

Liebrecht&wood to build new retail park in Bucharest

Belgian developer Liebrecht&wood is planning to build a retail park in the south-eastern part of the capital, according to Mediafax newswire. The park will include an outlet-type commercial center. The renting of spaces available in the first development phase, which cover 90,000 sqm, starts this summer.

May 17, 2010 14:42

Trotter Consulting brings BackWerk bakery chain to Romania

Trotter Consulting brings BackWerk bakery chain to Romania

Trotter Consulting, owned by businessman Dragos Petrescu, has announced it will bring the BackWerk franchise to Romania. Petrescu is planning to open 25 bakeries under the German brand in the main cities across the country in the next five years.

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