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Monthly Archives: April 2018

Luxury fashion brand Michael Kors shuts down its first store opened in Romania

Luxury fashion brand Michael Kors has announced that is shrinking its retail footprint all over the world. Recently, the US famous retailer decided to close its first unit opened in Romania, in The Grand shopping gallery on the ground floor ...

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Update: Eight Romanian soldiers injured in suicide bombing in Kandahar, Afghanistan

At least 11 children have been reported dead, and 16 people, including eight Romanian soldiers, wounded, after a suicide car bomber detonated his explosives near a school and a mosque in Afghanistan’s Kandahar province on Monday. The attacker was targeting ...

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Norway’s Vard to build the hull of a cable laying vessel of EUR 170 M in Tulcea

Norway’s Vard, one of the world leaders in specialized shipbuilding, has been selected by Prysmian Group for the design and construction of one cable laying vessel. The contract value, including owner supplied special equipment, amounts to approximately EUR 170 million, ...

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The weather will cool in the next two weeks

Meteorologists announce warm weather for the next two weeks (April 30 – May 13), with temperatures higher than the average normal until May 6, while the likelihood of short, but intense rains is higher as of May 9, reveals on ...

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Eurostat: Romania had the lowest share of employees working from home in 2017

The share of employees who usually work from home was highest in Luxembourg (10 percent) and lowest in Romania, Latvia, Croatia, Cyprus and Lithuania (less than 1 percent) in 2017, Eurostat, the statistical office of the European Union, shows, on ...

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The lake with soft sand beach in western Romania

Ghioroc Lake in Arad county (western Romania), dubbed as “the seaside of the west” has lured over 100,000 tourists last year due to its exquisite landscape: the soft-sanded artificial beach on the shore of the lake, adorned with plenty of ...

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Companies rented 38,000 sqm office spaces in Bucharest in the Q1

Office leasing activity in Bucharest nearly halved in the first quarter of the 2018, though, admittedly, 1Q17 was one of the strongest quarters we have seen this cycle. Still, 1Q18’s gross take-up in modern office spaces of over 68,000 sqm ...

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ParkLake gets a commendation for the Best Large European Shopping Centre at the ICSC Awards

ParkLake, a Sonae Sierra and Caelum Development joint venture project, has recently received a commendation from the International Council of Shopping Centres (ICSC) for the best centre in the category “New Developments: Large”, at the 2018 ICSC European Shopping Centre ...

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