CEE region

For the first three quarters of 2019, the CEE region has recorded an investment volume of ca. €9 billion. Offices dominate the deal flows with a 58% share, followed by a much slower retail sector with 18%, Industrial & Logistics (9%)…

CBRE has appointed Luiza Moraru as Head of CBRE’s Asset Services Division for Central and Eastern Europe, as a press release informs. From this position, Moraru will guide and supervise almost 500 CBRE consultants performing asset…

Fitch Ratings has revised Romania-based UniCredit Bank (UCBRO)'s outlook to Negative from Stable, while affirming the Long-term Issuer Default Rating (IDR) at 'BBB', a press release informs on Friday. The outlook change follows a similar…

A transport corridor linking Lithuania to Bulgaria, to the Greek border, would be built by several Eastern European countries. The project, called Via Carpatia, has already obtained the agreement of seven countries, Romania, Lithuania,…

Romanian CFOs are optimistic regarding the country’s growth in 2016 and are increasingly looking to either enter new markets or expand in size, according to the 7th edition of the Deloitte Central Europe CFO Survey which includes Romania, a…

Analysts' estimates on Romania’s economic development during the next six months have improved slightly in December after November dropped to the lowest level in three years, according to a monthly ZEW-Erste Group Bank survey. The index…

MOL Romania's retail sales volumes (including fuels, lubricants and LPG) grew 21 percent in the third quarter and 16 percent, in the first nine months, respectively, mainly due to the enlarging of the service stations network, parent…

The negative impact of the scandal of Volkswagen’s diesel cars polluting emissions on Romania should be limited to exports of components to Germany, which represents around 1% of GDP and 2.9% of total exports, according to analysis carried…

The ongoing restructuring and recent improvements in the market situation have returned Vienna Insurance Group (VIG) to earnings area in Romania last year. „VIG was aware that this sustainability-oriented restructuring of the portfolio…

International retailers continue to selectively expand across Europe; as a general rule, in the last two years, for every two stores opened, one store has closed down, JLL’s Destination Europe 2013 report reveals. Central and Eastern…