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2019-02-21  10:25
CIJ Serbia
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Project News

Leskovac-Vlasotince motorway in Serbia to...

Reconstruction work on a motorway between Leskovac and Vlasotince in southern Serbia is set to begin later this year. The project, valued at €2m, will focus on rehabilitating the section between the railway crossing on Sime Pogacarevica street to the metal bridge along South Morava River. The motorway was originally constructed 70 years ago and is currently in poor condition.
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2019-02-21  10:22
Svoboda & Williams
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Project News

Svoboda & Williams to Provide Marketing...

The Svoboda & Williams real estate agency was exclusively retained to provide marketing and management services for the myhive flexi project, which will offer serviced offices with a reception, coworking options, flexible lease terms, and other services. The offices will be located on the first floor of the Pankrác House building, in one of the most sought-after business districts...
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2019-02-21  10:20
CIJ Serbia
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Project News

Banja Vrucica investing €5m in Bosnia

Banja Vrucica is planning to invest more than €5m to expand its operations in Bosnia. The company intends to develop a medical facility and restaurant in Teslic, a town that has great health tourism potential, according to local news reports. Banja Vrucica attracts around 100,000 foreign tourists per year. Most visitors come from Croatia, Slovenia and Serbia. The company is now hoping...
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2019-02-21  09:50
CIJ Romania
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Company News

Alexandru Tiron investing €10m in Yola...

Alexandru Tiron is investing more than €10m into the development of 223 apartments in western Bucharest. Construction of the Yola Residence complex broke ground in December and is scheduled for completion in the spring of 2021. Yola Residence will offer one-, two- and three-room apartments with prices ranging from €49,900 to €82,900. Parking spaces will sell for €3,000. The Concept Gr...
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2019-02-21  09:43
CIJ Serbia
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Company News

Flixbus increasing Adriatic coast coverage...

The intercity bus operator Flixbus plans to expand its range of destinations and its summer routes. Beginning in June, the company will offer more than 20 destinations from Hungary, including locations along the Croatian and Slovenian coasts. Trips from Budapest to the Adriatic take around seven hours. Among the Istrian peninsula destinations to be included in Flixbus coverage are Uma...
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2019-02-21  09:39
CIJ Serbia
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Economy

Hungarian Finance minister calls for...

Hungary's Finance Minister Mihaly Varga says that digitalization has become of a top economic policy objective for the country. He said Hungary's long-term competitiveness would depend on its ability to adapt to a digital future and that a system of goals needed to be created along with a centralized system of coordination. The country's public administration needs to u...
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2019-02-21  09:27
CIJ Serbia
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Research

Hungary’s construction sector grew by 22.3%...

The Hungarian construction sector grew by 17.5 percent y-o-y in December, according to the Central Statistical Office. Output in the building segment was up by 14.8 percent, while the civil engineering segment reported 21.9-percent growth. Construction output for the whole of 2018 increased by 22.3 percent, with the building segment increasing by 16 percent and civil engineering work ...
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2019-02-21  09:22
CIJEurope.com
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Research

Prague's Top 10 residential rankings...

Skanska Reality spent year atop the top ten listing of Prague residential developers, but it's been hurt recently a shortage of land that it can build on. Denik.cz writes that the Swedish- developer is just the latest victim of the antiquated approval process and that it's slipped to sixth place in the Prague rankings. The company has managed to acquire several brownfield pl...
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2019-02-21  09:21
CIJEurope.com
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Company News

Apartment sales start at Osiedle przy...

Euro Styl S.A. is selling 64 apartments at its Osiedle przy Błoniach residential scheme in Rumia. The first stage of the project, going up on Błonia Janowskie street, will include a total of 128 apartments in four buildings. Błonia Janowskie park, offering recreation zones and a gym, is in close proximity to the new development. Completion is scheduled for the end of 2020. Prices for ...
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2019-02-21  09:19
CIJ Serbia
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Company News

Starbucks entering Serbian market

Starbucks is scheduled to open its first store in Serbia this spring. The coffeehouse will be located at the Rajiceva shopping center in central Belgrade. Founded in 1971, the American coffee chain operates 28,218 locations around the world. It opened its first coffeehouse outside the US in Tokyo in 1996. Between 1987 and 2007, it opened on average two new store locations per day.
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