Romanian developer Millstone, controlled by Johan Rogiers and Horia Chioseaua, has officially begun construction on a boutique residential project on Calea Victoriei, in central Bucharest, which represents a €18 million investment.
Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.
Building-materials supplier Holcim Romania has announced the acquisition of Uranus Pluton, a granite quarry operator active since 2004 in Cerna, Tulcea County.
Romania's Ministry of Finance will launch the Fidelis II government bond programme from 6-13 February, offering tax-free interest rates of up to 7.25% for lei-denominated bonds and up to 6% for euro-denominated bonds.