Colliers Romania business rose 20% in the first half of 2008
16 July 2008
Colliers Romania, local leader in real estate consulting services in terms of business growth, posted a 20% rise in first half turnover, to EUR 10 million, the local subsidiary of Colliers International said. The company estimates a 30% business growth in 2008, from EUR 21.2 million it posted in 2007.
''The increase came on the back of positive developments in the evaluation department of the company, while earnings surged 160% on services provided to large companies, including the Petrom oil corporation, Banca Romana pentru Dezvoltare (BRD), Banca Comerciala Romana (BCR) and Austrian Immoeast real estate investment,'' the company said in a statement.
Colliers International has become the exclusive evaluator of property owned in Romania and other Eastern European countries by Immoeast, the largest property asset purchaser in Romania.
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