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Articles

Head of Holcim Romania: We’re selling our assets at a fair price, not a discount

Francois Petry, manager for Holcim Romania, says that assets put on the selling block for his company in light of the upcoming merger with Lafarge have already attracted interest.

The number of transactions with lands has increased in H1, and the value reached over EUR 50 million

The number of transactions with lands for real estate developments, retail and production spaces has increased this year, registering 15 large transactions nationwide, totalizing 630,000 sq. m, with a value exceeding EUR 50 million, according to the real estate consultant CBRE.

Romanian-Hungarian accord to conclude 20 road connections

Deputy PM and Minister of Regional Development and Public Administration Liviu Dragnea and Minister of National Development of Hungary Sesztak Miklos signed on Thursday the Agreement between the Romanian Government and the Hungarian Government regarding the road connections over the shared state border.

6 ha land for sale in Preciziei zone, for EUR 9.5 million

Insolvency company Rominsolv put on sale a land of six hectares in Preciziei St. in western Bucharest, where several constructions are situated, belonging to the bankrupt company Compania de Expeditii si Transport Auto (CETA), owned by the businessman Marius Cae.

Prologis Reports Q2 2014 Activity in Central & Eastern Europe

In the second quarter, Prologis CEE leased nearly 520,000 square metres, an 86 percent increase over the same period in 2013. Transactions in Poland accounted for more than 57 percent of all lease agreements signed in the region.

ReneSola to sell its plants from Romania

ReneSola Ltd., a Chinese solar panel manufacturer, agreed to sell Hong Kong-based China Seven Star Holdings Ltd. (245) at least 200 megawatts of solar power projects through the end of 2015, Bloomberg informs, quoted by Mediafax.

Australian ADX Energy considers EUR 100 mln investments in Romania

Australian oil company ADX Energy might invest up to EUR 100 million in exploration/exploitation works in an oil perimeter in Timis, Romania, and is trying to convince its investors that Romania supports activities related to oil and gas, given that the fund raising “is not the easy part”.

Cargus International takes over all Otto Curier clients

“Following the strategic partnership concluded between Cargus and OTTO Curier, on July 14, 2014 the client database that constitutes the commercial basis of OTTO Curier Company was taken over by Cargus,” an announcement posted on the website of courier company Otto Curier notes.
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