Romania: Owners of Swan office complex in Northern Bucharest enter (...)

March 6, 2013

Owners of Swan office complex in Northern Bucharest enter receivership
Mar 6, 2013

Owners of Swan office complex in Northern Bucharest enter receivership.
Swan Property, the real estate firm that owns the Swan Office building in Bucharest’s Pipera area, has entered insolvency. The building reportedly has an occupancy rate of just 35 percent. Casa de Insolvenţă Transilvania (CITR) was named as the receiver. Referring to the another real estate firm (...)
[Read the article in Romania Business Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

European Minerals Day, celebrated in Rosia Montana Powered by Max Banner Ads • A new edition of the European Minerals Day will be marked in Rosia Montana and Alba Iulia and will include documentary films, scientific lectures on the topic of minerals, discussions about the role of minerals in our life and a workshop on traditional gold panning (...)

FIC: Export-based strategy for sustainable growth Resuming and supporting economic growth is the main challenge ahead of Romanian political decision-makers, but the model of development counting on capital in-flows to finance consumption must be replaced with an export-based strategy, reads this year’s edition of the White Book published by the (...)

Thirty-two Bucharest museums stay open on Long Night of Museums Originated by the French Ministry of Culture and Communication nine years ago, the Long Night of Museums is celebrated by nearly 3,000 museums across Europe.In order to better organize their visiting route, visitors are invited this year too to use the electronic map containing the Long Night (...)

Main party in Bulgaria seeks to void election result Bulgaria’s biggest political party has said it will seek to have the result of Sunday’s deadlocked election cancelled on grounds of a violation, BBC reports. Ex-Prime Minister Boiko Borisov said his centre-right Gerb party’s chances had been damaged by a “gross violation of the law” on the eve of (...)

Nominated prosecutors officially take offices Basescu mandates Ponta to attend the European Council at the end of May. The president announced that he promulgated the new law for accelerating retrocessions and the issuing of the decree for the nomination of all six chief prosecutors. President Traian Basescu said Wednesday in a press (...)

Sinai kidnapping: Egyptian soldiers and police seized Seven members of the Egyptian security forces have been seized by unidentified kidnappers in the Sinai Peninsula, Egyptian officials say. The three policemen and four soldiers were captured while traveling in minibuses in northern Sinai, east of the city of Arish. The kidnappers are said to be (...)

Gov't reports ex-Ministers Funeriu and Vreme to DNA The Prime Minister’s Control Corps has reported a EUR 5 M damage. The two former ministers are accused of intellectual forgery and abuse of office in connection with the signing of notes for the lease of software licences to be used in schools, based on which almost EUR 8 M – EUR 5 M more (...)