Catoctin County

Romanian Properties Ltd released Belvedere residence, a new development in the up-and-coming area of Bucharest Mogosoaia. Belvedere residence is composed of 14 fully equipped and fully decorated apartments from only 785 Eur / sqm. Similar apartments in new-built developments closer to the airports such as Baneasa area are currently for sale between 1,500 Eur/sqm and 2,500 Eur/sqm. With [...]

Dracula’s Castle and the surrounding property could become a resort in the Transylvanian region of Romania. In the cutthroat business of real estate, U.S.-based firm Baytree Capital Associates has been chosen to market Dracula’s Castle. Archduke Dominic Habsburg, who lives in New York state, and his family retained the private investment firm to market Bran Castle and [...]

Romania’s President Traian Basescu approved a parliamentary proposal to raise pensions by 43 percent in 2008. “The government must now reduce public spending to ensure the pension law does not affect the development of the country,” Romania’s President Traian Basescu said. The measure will cost €30 billion until 2013. The government has said Romania can afford the

EasyJet, Europe’s leading low-fares airline, announced the introduction of a new daily route to Bucharest from October 29th which represents the airline’s commitment to growth in Central Eastern Europe. Located on the Dambovita River, the historic Romanian capital was once known as ‘Little Paris’ thanks to its French inspired architecture and is now returning to its [...]

Ford is buying a majority share in a car plant at Craiova, Romania. The plant is expected to become one of its biggest plants in the European Union. The factory was previously operated by Daewoo of Korea. John Fleming, president of Ford of Europe, said last week that its due diligence had been completed and a [...]