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Most Active Real Estate Investors in the last 10 Years in Romania

Immofinanz, NEPI, CA Immo, RREEF, IGD, Argo Real Estate and Globalworth were, as follows, the most active real estate investors in Romania in the last 10 years, their acquisitions representing half of the total value of the transactions concluded starting 2004.

AmCham launches e-booklet for investing in Romania

Business advocacy group AmCham Romania launched on Thursday an e-booklet outlining relevant information on the local business environment, in a bid to raise the profile of Romania as an attractive investment destination.

Solar Parks Built in Braşov for Luxembourg

The company Toshiba Transmission and Distribution, a subsidiary of Japan’s Toshiba corporation, is building in Braşov county two photovoltaic energy production parks for the company Energreen Investment Europe from Luxembourg.

DTZ: Romania Only Attracts 0.5 Percent of the Real Estate Investment Capital in Europe

The available capital for commercial real estate investment in 2014 in Europe reached 120 billion dollars, with 6% higher than estimated six months ago, out of which Romania only gets less than 0.5%, according DTZ Echinox research.

Georgia and Romania plan to restore ferry connection

A memorandum ‘On cooperation in the sphere of ferry transport between Georgia’s Ministry of Economy and Sustainable Development and Romania’s Ministry of Transport’ will be executed on Friday in Tbilisi, trend.az informs.

Delphi delays relocating its production f to Romania

The American cable manufacturer Delphi decided to halt the plans that provided dismissing the employees of its plant in Senica (Slovakia) and relocating the production to Romania because of the poor quality of Romanian products, reads a story run Thursday by the Slovak daily Hospodarske Noviny, quoted by the Slovak agency TASR and by capital.ro.

73 railway carriages manufactured by Astra will go to Czech Republic

Businessman Valer Blidar, who controls the Astra Vagoane Calatori factory of Arad, recently won a contract worth some EUR 73 M with Czech company RegioJet, with the first units due to be delivered in December this year. The news was confirmed by Blidar for zf.ro.

Industrial vacancy up at 21.7 percent in the Budapest region

The volume of completed industrial stock in the Budapest region totaled 1,825,373 sqm at the end of Q1 2013, according to the Budapest Research Forum.

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