Real Estate: Papalekas earned 340 million euro in real estate in Romania, 5 times the invested money between 2001 -2009

Tuesday, May 6, 2014

The Globalworth company controlled by the businessman Papalekas, active for 15 years on the real estate market in Romania and South-Eastern Europe;he invested in real estate projects on the local market 72.6 million euro and got out of these investments 341.4 million euro ( investments between 2001- 2009). At present the company has 10 investment objectives on the ...

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Economic

Tuesday, May 6, 2014

Agriculture: Romania exported foodstuff of 360.8 million euro in January
Romania in top ten wine consumers in the world
Over a third of Romania’s fertile land is now owned by foreigners
Romania’s wheat exports hit 294 kmt in January
Agricultural farming officially becomes occupation in Romania
VAT on fruits and vegetables may be cut as of January 1, 2015
Telecom. IT: 6.4 million TV program subscribers in 2013 of whom 4.1 preferred cable
Infrastructure: Roads in Romania: 40% are stone and dirt roads
Romania's total length of railway lines was 10,768 km at the end of 2013
Minister Sova: In 2014 we make feasibility studies for 1,797 km of motorway
Bucharest airports post almost three-fold higher pre-tax profit, record high passenger number in Q1
Healthcare: Family GPs: Six women dying from cervical cancer each day in Romania
Tourism: Romania participates with national stand in Arabian Travel Market on May 5-8
Bulgaria, Romania to Develop Undersea Tourism Routes
Number of tourist arrivals in hospitality facilities up 7.8 pct in March
Real Estate: Papalekas earned 340 million euro in real estate in Romania, 5 times the invested money between 2001 -2009
Ahlstrom Capital to initiate the second phase of it's residential project in Romania
Trade: Lee Cooper opens new standalone stores in Romania