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Romania ranks 4th in Central and Eastern Europe based on volume of real-estate transactions in 2014

The value of real-estate transactions registered in Romania in 2014 puts the country on 4th place in Central and Eastern Europe, behind Poland, Russia and the Czech Republic, according to CBRE reports.

General Electric mulls Ploiesti factory expansion

American giant General Electric (GE) is considering expanding its oil industry equipment factory in Ploiesti to include off-shore drilling equipment, a company official said in a press release on Tuesday, picked up by Mediafax.

Year in Review: Real Estate

The total property investment volume in Romania increased to approximately EUR 1 billion in 2014, marking the highest annual level since 2008, according to pundits. Office has been by far the best performing real estate sector but there is good news coming from retail, logistics and industrial and residential as well.

Mega Image buys land plot near Bucharest for a new distribution center

Mega Image has acquired a terrain in Stefanesti, near Bucharest, where it will build a new distribution and logistics center, according to information on the real estate market picked up by Mediafax.

AdePlast to end year with 19 percent higher turnover at RON 300 mln

Romanian construction materials producer AdePlast, owned by businessman Marcel Barbut, estimates it will end 2014 with a 19 percent higher turnover, of RON 299 million.

Segment of Nadlac-Arad highway in Romania opens to traffic

A segment of 28 kilometers of Nadlac-Arad highway, namely the 22 kilometers of the first lot and 6 kilometers of the second lot, was opened to traffic at the end of last week.

50,000 sq. m warehouse is being built 70 km from Oradea

SAIGO PORT investor, part of XANGA group of companies is building within Debrecen Airport a cargo base and a logistic park.

Dacia sales up by 26.4 pc in EU

Romania, third highest new sales growth in EU at 11 months

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