Archive for March, 2009

Buna dimineata to everyone! Yesterday I came back to Bucharest and I had a big shock! First of all, it was Monday evening at 19.00, the busiest time of the week (together with Friday) and the queue at passport control was almost 0! Then the luggage came in no time! And after we drove... »

Last week there was the good news about the loans of Romania, almost 20 billion euro in total, by IMF, E.U., World Bank and EBRD. Next day there was the news regarding the 9 major banking institutions which are present in Romania and offered a “vote of trust” to the country. The expected inflow... »

First day of exhibition, a very quiet one. So instead of sitting on a chair and waiting “the clients who never appeared”, I decided to walk around. Soon my walk brought me in front of the impressive stand of a big company, coming from East… a major project was displayed, big tall buildings with... »

Since this economic crisis has started, Romania was considered to be one of the most dangerous countries “to explode and declare bankruptcy”. I was always saying that this is just an exaggeration, as the country didn’t really have to face the problems of many others (in the area or around the world). But it... »

This week “Business Review” magazine explores the new situation in Real Estate market. A very interesting article is presented in their edition, printed and online one (www.business-review.ro). There is a small comment by me as well, where I explain that I don’t consider Real Estate a niche business (on the contrary). But definitely it... »

Interview of Mr. Ilias Papageorgiadis by Diana Gheorghita, The Money Channel 16th of March 2009                 After a period of economic crisis, „2011, the first year of growth of the real estate market in Romania”.                 This is the forecast given by Ilias Papageorgiadis, Managing Director of „More Real Estate Services”, on the occasion of the interview given... »

While I was … raped again (paying for gold each and every extra kilo I had in my luggage), my brother Grigoris was still at our stand, instead of enjoying the warm Friday’s sun. I was traveling back to Bucharest (with the super expensive Air France and its nice empty planes with the very... »

Today at 17.30 (Romanian time) you can see me live on MONEY CHANNEL television, the no. 1 Romanian channel for economy. I guess the questions will be about Cannes and what happened there, the current market’s situation and my predictions for the future. In case you are interested, you are all welcomed to watch... »

Today I present to you the second part of my interview to Curierul National newspaper. The tile you see here does not come out from the text, but it is my firm opinion and I added it myself (so as not to repeat yesterday’s one). As I discussed with the journalist too, I strongly... »

In few hours I will be traveling back to Bucharest (via Paris). Today the exhibition ends around 12.00 – 13.00 (workers will start deconstructing the stands after this time) and MIPIM 2009 will be history in few hours. I am writing these lines being inside the exhibition, while we have started packing our boxes…... »