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Metro to Hit Pre-Crisis Results in H2’2010
September 14, 2010, 12:46, (Property Xpress) - German group Metro, the world’s fourth largest retailer, expects revenue to return to pre-crisis levels in ...   read more
HP to Build Computer Plant in Russia
September 14, 2010, 12:08, (Property Xpress) - Computer giant Hewlett-Packard (HP) has decided to unfreeze its PC manufacturing plant project in Russia, BFM ...   read more
Israeli Company to Set up Recycling Factories in Romania
September 14, 2010, 10:54, (Property Xpress) - An Israeli company involved in the clean tech industry has announced it has signed a letter of intent with ...   read more
Zagreb to Sell Municipal Property
September 14, 2010, 10:17, (Property Xpress) - Zagreb city authorities plan to raise about HRK 20 mln (EUR 2.75 mln) by selling 30 of their 2,000 apartments, ...   read more
Piterland Construction Resumed in St. Petersburg
September 14, 2010, 10:05, (Property Xpress) - Russian company Stremberg has resumed construction work on Piterland shopping and entertainment complex, near ...   read more
X5 Retail Group Signs USD 800 mln Club Loan
September 14, 2010, 9:30, (Property Xpress) - X5 Retail Group, Russia's largest grocer in terms of sales, has signed a USD 800 mln club loan to refinance ...   read more
Serbian Firm Wins EUR 5.0 mln Contract in Syktyvkar
September 14, 2010, 8:48, (Property Xpress) - A Serbian construction company has been awarded a EUR 5.0 mln contract to build a residential property of ...   read more
Contractor Sought for SPA and Wellness Center in Romania
September 14, 2010, 8:37, (Property Xpress) - A Romanian town will hold an auction in late September to designate a company to do design and construction ...   read more
Kirill Pisarev Acquires Control over Storm Properties
September 14, 2010, 7:57, (Property Xpress) - Kirill Pisarev, one of the two founders of PIK Group, who lost control over the company during the crisis and ...   read more
British Tesco Eyes Romanian Market
September 14, 2010, 7:27, (Property Xpress) - Tesco, Britain’s largest retailer in terms of sales, is examining the Romanian market in a move aimed at ...   read more
Nestle to Set up Service Center in Ukraine
September 13, 2010, 15:51, (Property Xpress) - Swiss company Nestle plans to invest CHF 25 mln (USD 24.8 mln) to establish a service center in the Ukrainian ...   read more
Boutique Hotel to Replace Vavelberg House in St. Petersburg
September 13, 2010, 14:49, (Property Xpress) - A boutique hotel will replace the former House of Vavelberg on 7, Nevsky Prospect in St. Petersburg, after the ...   read more
Teaching Center Planned for Kiev Region
September 13, 2010, 14:35, (Property Xpress) - Kiev-based L.S.I. Ltd. plans to build a teaching center with an international school with sports and ...   read more
Lesnaya Skazka Housing Development Started in Kemerovo
September 13, 2010, 13:50, (Property Xpress) - A new housing development, called Lesnaya Skazka, has been started in Lesnaya Polyana, a satellite town of ...   read more
Kremikovtzi Sale Fails
September 13, 2010, 13:01, (Property Xpress) - The site of the former Kremikovtzi plant in Sofia together with all assets associated with its production ...   read more
IKEA Freezes Russia Plant Investment
September 13, 2010, 12:53, (Property Xpress) - Swedish IKEA has frozen its wood processing factory project in Ishim, Tyumen region. IKEA began negotiations ...   read more
Fiat to Spend EUR 1.0 Bln for Serbia Plant by 2012
September 13, 2010, 12:25, (Property Xpress) - Serbia’s Economy Minister Mladan Dinkic said that Fiat plans to invest nearly EUR 1.0 bln in Kragujevac by ...   read more
Lenta Records 22 Pct Sales Increase in H1’2010
September 13, 2010, 12:06, (Property Xpress) - Russia’s grocery retailer Lenta registered a 22 pct sales increase in the first half of 2010, compared to ...   read more
Cora to Test Smaller-Format Stores in Romania
September 13, 2010, 11:33, (Property Xpress) - French retail chain Cora has resumed its Romanian expansion this year, aiming to develop 10 new stores in the ...   read more
DUPD Acquires Share in Ukraine Shopping Center Portfolio
September 13, 2010, 10:11, (Property Xpress) - Dragon-Ukrainian Properties & Development (DUPD) today announced it has acquired a 35 pct share in Arricano ...   read more
Ukrainian Firm to Pour RUB 10 Bln in Russian Plant
September 13, 2010, 9:40, (Property Xpress) - A Ukrainian company is planning to expand its Russian operations by investing about RUB 10 bln in a third ...   read more
Russian Retail Chain to Enter Ukraine
September 13, 2010, 9:00, (Property Xpress) - A Russian premium class grocery retailer plans to enter Ukraine as well as further enlarge its retail network ...   read more
Russian Retail Chain to Build Logistics Center, Expand Network
September 13, 2010, 9:00, (Property Xpress) - A Russian premium class grocery retailer plans to enter Ukraine as well as further enlarge its retail network ...   read more
BSPb Builds Cottage Settlement near St. Petersburg
September 13, 2010, 8:21, (Property Xpress) - IFC BSPb, a subsidiary of Bank Saint-Petersburg, will build a cottage settlement on a 62 ha site located on ...   read more
Bobar Group to Build Four Star Hotel in Trebinje
September 13, 2010, 7:37, (Property Xpress) - On September 10, Bosnia and Herzegovina-based firm Bobar Group presented a preliminary design to the Trebinje ...   read more



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