 
George Iacobescu, one of the Romanians with the best position in a company from abroad, CEO of Canary Wharf of London, the second business
centre from the UK after the City of Lndon, told daily Ziarul Financiar that in the next five years the number of British companies on the Romanian market will go up 5 [...]
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The net average salary in Romania rose by 23 percent in May compared to twelve months earlier, the National Forecast Commission says.
Wages now stand at an average of Lei 1,248 (€347).
Gross average incomes stood at Lei 1,704, compared to Lei 1,750 last year.
The net average income of Romanians grew by more than 15 percent in [...]
In Romania, the credits taken by the population were on the rise in Q1, reaching 18.1% of GDP, 1% more than in Dec. 2007.
Data from Romania’s Central Bank (BNR) say that in end March, the balance of the crediting to the population had reached 76.54 billion RON (or 20.5 billion euros).
Consumer credits amounted to 1.5 [...]
A study conducted by Unicredit Group reveals that 11% of Romanians intend to buy a home during the following three years, well above the 6% average in the Central and Eastern Europe states.
Although the number of owned home in the South-Eastern states is higher than in the Central Europe, and financial possibilities are quite [...]
HSBC’s European Active Real Estate Fund has completed its first property deal in Romania.
The fund has purchased a 50% stake in the Expo Market Doraly trade counter and warehouse park in Bucharest, Romania, for €104m (£82m).
The fund has closed with €450m (£355m) of equity.
The scheme comprises 592,000 sq ft of commercial space including showroom, warehousing, [...]
Carrefour Romania, the division of French Carrefour Group plans to open seven new hypermarkets every year, and to number about 40 new units by 2012, the Ziarul financiar reads on July 21 quoting sources of Hyparlo Company, a part of the French retailer.
Analysts expect enlargement investments to reach 450 million euros over 2009-2012.
Carrefour chain tries [...]
Most investors come to Romania and think 'capitol city.' That makes sense and is a smart move...but not the only one. The list usually goes something like this "Bucharest, Brasov, Constanta and maybe Timisoara." Each of these markets are compelling for different and similar reasons. However, I am fond of Robert Frost's words "I went down the road less traveled, and that has made all the difference."
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1) Waking Up in the European Union 2) Investment Report for 2007 3) Americanism in new EU member country Romania 4) Closing words. 1.Waking Up in the European Union Can a world of change really happen in an instant? Can you go to bed in one era of history and wake up in the morning in another? Sounds somewhat like a fairy tale, but that's exactly what happened in Romania between December 31, 2006 and January 1, 2007. As I woke up early in the morning on New Year's Day and went for my morning cup of coffee I noted for the first time the European Union flag flying side by side next to the Romanian flag on the street below. As I walked outside of my home, I was stopped by a police officer who handed me a pamphlet entitled "Welcome to the European Union." Things seemed different but
 Norwegian Developer North Capital of Norway is currently building over 40,000 sm2 of apartments, hotel rooms, and diverse amenities in a pristine mountain locationin the tourist area of Brasov, Transylvania, Romania.
Named Cold Mountain 5-star Luxury Resort, the resort complexes built in the style of European mountain castles, are being constructed on one of the filming sites of Jude Law and Nicole Kidman film Cold Mountain, renown for it's fabulous scenery. The surrounding mountain ranges of high altitude provide a cold, snowy picture nearly 10 months out of the average year. The Resort is being built according to stringent 5-star standards and will be the first
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The Romanian Government approved the law stimulating investments, which targets the grant of facilities and state aid in several sectors, among which, processing industry, electricity and natural gas production and supply, and telecommunications, the Economy and Finance Ministry said.
“The law stimulating investments targets to earmark available funds for economic sectors with huge
The Swiss Golf & Leisure Development company, a joint venture established by five persons from Switzerland and Romania, is investing in a real estate project with an estimated value of 50 million euros, informs daily Business Standard on June 23.
The project includes an 18-hole golf course, a driving range, and 350 homes in the western [...]
Foreign tourists, mainly from the European Union, are showing an increasing interest in traveling to Romania, national media reported today.
The increased number of tourists who decide to head to Romania’s seaside and mountain resorts, according to the Evenimentul Zilei newspaper, comes after long years of avoiding the country.
According to data by the National Statistical Institute, an [...]
The popularity of Romania as a holiday destination is set to increase in the next few years, an airline has predicted.
Low-cost carrier Wizz Air said the country offered a range of attractions to visitors, potentially making it one of the most popular tourist destinations in Europe
Natasa Kazmer, the airline’s head of corporate communications and public [...]
The Romanian economy saw an 8.6% rise in the first half of the year, because of a good agricultural year, and if the GDP growth rate and the investment dynamics are preserved, Romania could become one of the top ten EU countries by 2020 in terms of economic strength, according to the Minister of Economy [...]
Indeed, it is a land unseperatable from it’s legendary past as a highly valued part of the Roman Empire. A visit to almost any history museum
If you investment over 10 years in Romania, the rent you receive on your property is predicted to be higher then the actual amount invested and the value of your property is predicted to jump .
According to Channel 4 "20 Best Places to Make Money"
Your investment today, could be worth this much in 10 years
Amount Invested Rental Return Selling Pirce
40,000 E 44,400 205,560
Dear Investor,
Romania's entry into the European Union is
Dear Property Investor ,
The next big property boom is about to happen. The question is where will you be? Do you remember where you were in 2003 when the property boom began in Bucharest? How about in 2005 in Brasov? If you were investing in these locales at the time then you certainly remember because odds are you made a huge, incredible, magnificent profit. If you missed the past property market booms, you may feel like you are left picking up the scraps. Let's face it. No one wants leftovers. Why settle? There is no way to go back in time and the good news is, there is no need too. All of the elements of the next big property boom are in place. The region that will be hit next will also have one city as where the "epicenter" of the property market boom will occur. This city is by most accounts Romania's second most populous. It
The new Romania Report 2008 is finally out! Did you know that investments in the first quarter 2008 were 35.2 % higher then in the same period last year and the second highest ever for the same quarter? This year’s report shocks and dazzles with hard facts and insider observations that show those in-the-know are banking on Romania in 2008 as real estate markets elsewhere in the world continue to suffer a downturn. Make sure you request your free copy of Romania Report 2008:Insider’s Guide today athttp://www.romaniareport.com/property_in_romania_investment_guide.html
More Photos >RE/MAX 5 STARStefania TrandafirEmail StefaniaView More Bucharest Listings On My WebsiteView My ProfilePhone:040753093423Cell:040753093423DetailsAddress:Bucharest Piata RomanaType:MultifamilyStyle:Multiplex"Architectural monument"Lot Type:RectangularCondo Fees:€9,000,000.00 EURDescriptionEN:PALCE in downtown BucharestTotal built space: 2115 sq.mUseful area: 1455 sq.mTotal land area: 1076 sq.mCourtyard: 334 sq.m.Architectural monument in downtown Bucharest, recently consolidated, refurbished and upgraded. The late 19th century building has a majestic architecture, being on the official Monuments List. The walls are decorated with mural paintings and gold leaf elements. The lighting units are made of Bohemia Cristal. The main staircase is on Carrara Marble. The rooms are decorated with original paintings and sculptures from the end of the 19th century.The building has
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