US EditionTrump Organization plans to build tower block in Romanian capital
BUCHAREST, ROMANIA, JUL 11 – The Trump Organization teams with SDC Imobiliare to introduce premium residences in Bucharest, expanding into Romania’s growing real estate market, the region’s second-largest economy.
- The Trump Organization will collaborate with Romanian real estate company SDC Imobiliare to develop a luxury residential tower in Bucharest, the capital of Romania.
- This project follows political tensions in Romania after its constitutional court canceled a presidential vote in December due to suspected Russian meddling.
- Romania re-ran its presidential election in May, resulting in a victory for centrist Nicusor Dan amid an economic stall in the first quarter.
- The companies announced plans to construct Tower Bucharest in the central area of Romania's capital city, which is recognized as a rapidly growing and lively market within Europe.
- This development shows the Trump Organization's overseas expansion amid ongoing regional political disputes and economic uncertainty in Romania.
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Trump Organization expands Balkan connection with Romania deal
The Trump Organization plans to expand to Romania, as President Donald Trump’s family deepens its ties in the Balkans and pursues a lineup of new foreign deals. The company will partner with local real estate developer SDC Imobiliare on Trump…
(Rome = Yonhap News) Correspondent Shin Chang-yong = Trump Group, the family business of US President Donald Trump, has joined hands with Romanian real estate developer SDC Immobiliare...
·Korea, Republic of
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Coverage Details
Total News Sources39
Leaning Left5Leaning Right4Center10Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 26%
C 53%
R 21%
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