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Most Expected Highway in Romania Postponed Again

There are three bidders left in the “race” for the winning of the construction of the highway segment Comarnic-Brasov, the first project to be developed in concession, meaning the investment will be supported by the constructor.

German cities lead CBRE ranking of Europe’s property investment destinations

Germany boasts five cities in CBRE’s ranking of Europe’s ten largest commercial real estate investment destinations for the first time, according to the latest research from global property advisor CBRE.

10.3 pct Decrease for New Construction Works in First Eight Months

The construction works volume decreased in the first eight months, compared to the similar period of last year, both as adjusted and un-adjusted series, with 0.6%, 2.8% respectively, being influenced by the important decrease of the new constructions works - 10.3%.

Cemacon Sells Zalău Industrial Platform

Bricks producer Cemacon Cluj (CEON) intends to sell the platform owned in the centre of the town of Zalău, including the old production line, closed in 2011 and a land of 6 ha, transactions that are supposed to bring EUR 7-8 million.

Honeywell to invest EUR 57 million in Ploiesti plant by 2015

Honeywell Transportation Systems, the US-based industrial group, inaugurated on Tuesday its plant in Ploiesti, Prahova County, which has already produced more than two million brake pads since opening in late 2012, reports Agerpres newswire.

The Value of Office, Retail and Land Transactions for the First Nine Months

The value of transactions with office projects, retail and lands maintained at approx. EUR 250 million in the first nine months, although the observed acquisition decisions are stronger, the buyers being local opportunistic investors and small and medium investment funds, according to DTZ.

Neagu, CNADNR: A highway between Iasi and Targu Mures would be much too expensive

General Manager of CNADNR (Romanian National Company of Motorways and National Roads) Narcis Neagu believes it is not the appropriate time to start construction work at a highway connecting Iasi to Targu Mures, Agerpres informs.

RON – most performing and stable currency in EU, in first nine months

Over the first nine months of this year, the leu remains the most performing and stable currency in the European Union, having at the end of September a quotation in front of the euro similar to that registered in the beginning of January, according to an assessment conducted by Noble Securities.

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