Deloitte service centres in Romania have reduced their space leased in the Oregon Park complex in Bucharest by 40% to 12,500 sqm despite the rising number of employees, Economica.net reported.
Deloitte had initially rented almost 20,000 sqm shortly before the outbreak of the COVID-19 pandemic.
"Meanwhile, although the number of...
CTP, Europe’s largest listed developer, owner and operator of logistics and industrial real estate by gross leasable area, has signed an agreement with LEROY MERLIN Romania, retailer specializing in construction, home improvement, decoration, and gardening, to expand its regional distribution centre at CTPark Bucharest West to 48,500 sqm. The announcement was made during the groundbreaking […]
Fondul Proprietatea (BVB: FP) on May 15 exercised its preemptive right and subscribed 5,632,510 new shares in the National Company Administration of Maritime Ports (CNAPM), with a nominal value of RON 10 per share and a total value of RON 56.3 million (EUR 11 million), according to a report published on the Bucharest Stock Exchange […]
The Galati Court approved the amended plan to sell the assets of Romanian steel group Liberty Galati (under pre-insolvency procedures), thus paving the way for the resumption of the auction for one of the most important industrial assets in Romania, the consortium of practitioners Euro Insol – CITR announced on Monday, May 18. The auction […]
The creditors of the Romanian bankrupt shipyard Mangalia will meet on Friday, May 22, to vote on a new sale strategy consisting of at least 6 monthly auctions for the sale of the shipyard, starting from the going concern valuation of EUR 168 million, according to Economica.net. ...
Fitch Ratings upgraded the long-term issuer default rating (IDR) of Banca Transilvania (BVB: TLV) from BBB- to BBB, placing the lender one notch above Romania’s sovereign rating. Banca Transilvania, listed on the Bucharest Stock Exchange, is the largest bank in Romania by assets. “Fitch Ratings considers Banca Transilvania to be more resilient than the environment […]
Romania’s National Road Infrastructure Administration Company (CNAIR) has lost an arbitration dispute against Italian construction group Impresa Pizzarotti over delays affecting Lot 1 of the Sebeș–Turda motorway project, according to information published by
