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Tag Archives: project

Enescu Festival 2019 to bring classic music to Bucharest boroughs

The organizers of „George Enescu” International Music Festival is launching a new project this year, „The city sings”, which is meant to bring classic music closer to the wider public, across the Bucharest’s boroughs – parks, museums and malls. The ...

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AFI Europe intends to take over Casa Radio project, in central Bucharest

AFI Europe N.V., present since 2005 on the Romanian market through AFI Europe Romania, has signed a non-binding Letter of Intent with Plaza Centers N.V. to take over its entire indirect shareholdings in the Casa Radio project, located in central ...

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Shareholders of the Bucharest Stock Exchange OK local Central Counterparty, a EUR 16 million project

Shareholders of the Bucharest Stock Exchange (BVB) approved today, January 29th, during the Extraordinary General Meeting of Shareholders the establishment of a new company which will be authorized to act as the local Central Counterparty (CCP). The total investment needed to ...

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WDP to develop new project for Carrefour worth EUR 40 M

Carrefour has once again opted for WDP as its real estate partner for two new WDP sites in Romania (namely in Deva and in Brazi), totalling a surface of around 80,000 sqm. Both development projects represent an investment volume of ...

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Presidency to launch “Educated Romania” project into public debate

President Klaus Iohannis is launching the results of the “Educated Romania” project into public debate at the Cotroceni Palace on Wednesday, December 5, a project initiated by Iohannis at the beginning of his mandate as head of state, the Presidential ...

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EC, concerned about delays in Magurele laser project

The European Commission is concerned about the delays within the Magurele laser project. European Commissioner for Regional Development, Corina Cretu has met the new minister of Research, Nicolae Hurduc on Thursday, with Cretu stressing the Romanian authorities must find a ...

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European Commission will finance only half of the subway project to Otopeni Airport. Reasons disclosed

The European Commission has decided to finance only half of the construction of the M6 subway line, which is to connect Bucharest to Otopeni Airport. The reasons why the state cannot build the line only with non-reimbursable funds are that ...

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Intrarom announces its first Smart City Pilot implementation

The pilot was implemented within the framework of municipality’s 2018 Alba Iulia’s Smart City Pilot Project, part of the city’s Development and Promoting Policy. Intrarom, the Romanian subsidiary of Intracom Telecom, announced the successful implementation of its first Smart City ...

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Hanner gets permit to turn the former Grivita brewery in Bucharest into a mixed-use development

Fosta Fabrică, the restoration and conversion project of the former Grivita brewery, also known as the Luther Beer Factory, received all necessary permits and it is expected to be completed in 2020. Fosta Fabrică’s investment mounts to over EUR 30 ...

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