Hexagon nears completion in Cluj Napoca

Hexagon nears completion in Cluj Napoca

Apr 13, 2019

The 20,000 sqm Hexagon Offices building in Cluj Napoca, owned by Kész International is scheduled for completion in June 2019, according to EuroBuildCEE.com. BNP Paribas Real Estate Romania has been appointed the property manager and the exclusive leasing agent for he nine-storey building, which is BREEAM certified with a rating of ‘Excellent’. “We are...

Siemens recorded a turnover of over RON 1 billion in 2018, up 22 percent

Siemens recorded a turnover of over RON 1 billion in 2018, up 22 percent

Apr 12, 2019

Siemens, one of the leading technology companies, registered a consolidated turnover of over RON 1 billion in the fiscal year 2018 (1.10.2017-30.09.2018) in Romania. “Our financial results prove once again that we run a sustainable business in Romania. The aggregate turnover of local Siemens companies in Romania registered an increase of over 22 percent in FY...

Owners of Romania’s largest DIY chain to further expand into real estate

Owners of Romania’s largest DIY chain to further expand into real estate

Apr 11, 2019

Romanian investors Dragos and Adrian Paval, the founders and owners of the largest Romanian DIY chain Dedeman, signed with NEPI-Rockcastle and local entrepreneur Ovidiu Sandor an agreement for the acquisition of The Office office building in Cluj-Napoca, unofficial sources told local Ziarul Financiar. The deal, which was not completed yet, is evaluated at...

De’Longhi extends capacity of its Cluj factory

De’Longhi extends capacity of its Cluj factory

Apr 11, 2019

Italian De’Longhi Group, owner of the Kenwood, Braun and De’Longhi brands, has extended its factory in Cluj. The group entered Romania six years ago and it started manufacturing espresso machines and small electronic devices, according to Business-Review.eu. “Romania has become an increasingly important market for us, we have a great potential for growth...

European elections 2019: Who will Romania send to the European Parliament?

European elections 2019: Who will Romania send to the European Parliament?

Apr 10, 2019

A former president and three former prime ministers of Romania, as well as a former prime minister of Moldova, several former Romanian ministers, city mayors and journalists, are among the candidates with high chances of representing Romania in the next European Parliament after the May 26 elections, according to Romania-Insider.com. Romania will have 33...

Railly News: Romania 40 Piece Electric Locomotive Array Set

Railly News: Romania 40 Piece Electric Locomotive Array Set

Apr 10, 2019

The estimated total cost, 40 billion RON for the first 1,7 electric unit (358,8 million euros) and 30 for the 80 year-round maintenance was published by the Romanian Railways, which is the tender price of 4,55 billion RON (960 million euros) for the total 3 train. Bids can be submitted by 2019 June 5 date and will be evaluated until 2019 August 220 date....