Panattoni Europe enters Romania

Panattoni Europe has decided to enter the Romanian market, in response to  interest in this region from tenants as well as investors, a company press release read. The newly opened Bucharest branch will be headed by Managing Director, Muler Onfrei. Panattoni Europe's decision to enter the Romanian market was motivated by "the country's great potential," Panattoni pointed out. The Romanian economy has been improving steadily, and according to the European Commission, this trend is set to continue in the coming years. Forecasts show that in 2016 the Romanian economy will grow by 4.1 per cent, and by 3.6 per cent the year after, leaving behind Poland, Ireland and Slovakia, a press release also read.