Africa Israel To Build Giant Bucharest Center

Africa Israel Investments has received regulatory permission to build a giant shopping and commercial center in Bucharest, it announced to the Tel Aviv Stock Exchange yesterday. The company, which is controlled by Russian businessman Lev Leviev, says the cost of building the facility - which is supposed be one of the biggest in the Romanian capital city - should run at NIS 820 million. More

GE Real Estate Could Invest More Than 50m Euros

General Electric Real Estate, the real estate division of the American giant General Electric could invest some 50-100 million euros in the real estate market in Romania by the end of next year, group representatives say. More

Biggest Investments, In Banks And Real Estate

Major investments of over 1 million euros made in August were almost three times higher than those made during the same time last year, reaching 123 million euros, according to data taken from the National Trade Registry Office (ONRC). More