about us | newsletter | contact | archive | members area
Eric Faidy, CCIFER and Michelin Central & Southern Europe
There are some lost specializations which are very important for the industry»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Palas Mall in Iasi opens today, as the largest private investment in Eastern Romania

2012-05-31 11:06:38

Palas Iasi, the most recent project and largest, worth EUR 260 million, of the group managed by Romanian businessman Iulian Dascalu, opens its gates today, with its location facing the Palace of Culture in Iasi.  The shopping and leisure compound delivers a rentable area of 47,500 sqm  and has 132 shops, a 1,300- places food court, cinema complex  Village Cinemas  with 10 halls including a Vmax. The complex comprises also Palas Shopping Street, with 6,600 sqm, hosting national and international high awareness brands. Also, Iulian Dascalu, has invested EUR 2.5 million in the public garden Palas. The retail anchor of the complex is Auchan. According to the developerís statement, Palas projects states a first in Eastern Romania, as the largest amount invested in a private project .  Also, the shopping and entertainment compound hosts the first franchise opened by the Italian coffee shop chain C House. Besides the commercial  and leisure spaces, the project also comprises office and residential buildings to be developed within this multifunctional project. 



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1673 Views
Daily Info
Razvan Patrunoiu is the new country manager of Accenture Romania

Razvan Patrunoiu has been appointed as Country Managing Director at Accenture Romania, taking over the responsibilities from Andrea Multari who led the Romanian operations sin...

Rene Schob is the new country managing partner of Mazars

Effective September 1, Rene Schob has been appointed the Country Managing Partner Mazars Romania, succeeding Jean-Pierre Vigroux, who will continue with Mazars from a consulta...

Peter Stracar, CEO of GE for CEE: Prosper Locally, Compete Globally

Central and Eastern Europe (CEE) has been celebrating the 25th anniversary of the economic, political and social transition, which was followed by a uniquely successful transf...

Schoenherr: Challenges of the new rules on competition

Denigration and diversion of clients, practices of unfair competition: At the beginning of September, the amendments to the Law on unfair competition, brought by the Governmen...

Iasi-Ungheni gas pipeline inaugurated with local authorities and EU Energy Commissioner attending

construction of the Iasi-Ungheni gas pipeline started one year ago; of the project total cost of 26 million Euro, the EU offered 7 million Euro in financial support through a ...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
Klaus Iohannis is Liberals' choice for presidency

The liberal head Klaus Iohannis has been elected the party′s candidate for the presidential elections to be held in November in Romania, as announced by the former leader...

Operational Leasing market to register double-digit growth in H1

The Operational leasing market recorded an increase of 12.3 per cent at the end of Q2 over the same period last year, reaching 45,000 units. Moreover, the market is expecte...

ExxonMobil and OMV Petrom to start drilling in the Black Sea

In early July, the American- based company ExxonMobil Exploration and Production in Romania and OMV Petrom, part of the Austrian OMV Petrom group, jointly announced the beg...

A contract over 18 million Euro for building a part of Brasov ring road has been assigned

Romanian National Company of Motorways and National Roads (CNADNR) assigned a contract worth 18 million Euro (80 million RON) for the construction of 4.9 km of Brasov's rin...

Perry Zizzi

Perry Zizzi, with 19 years of experience practicing law in the US, Latin America, Western Europe and the emerging markets of Central and Eastern Europe rejoined law firm De...

Eco-Rom Ambalaje recycled 2.6 million tonnes of packaging waste in the past decade

Eco-Rom Ambalaje, one of the most important organizations specialised in the assumption of packaging recycling and recovery obligations from economic agents, recycled aroun...

Romanian farmers need to integrate further within the value chain

Given the fact that in the coming 20 years the global demand for food will grow by 70 per cent, Romania can play an important role in providing the necessary supply, Reinde...