Portfolio - Romania
Romania is located to the east of Central Europe bordering both Hungary and Bulgaria. Romania joined the European Union on 1 January 2007, has a population of approximately 22 million people and a GDP of €73 billion. Atlas Estates Limited has identified the Romanian real estate market in general and the Bucharest market in particular as a major market for its operations. This is due to the real estate opportunities, the ability to invest before the impact of Romania's EU accession is fully realised, the growth of the Romanian real estate market and Atlas' knowledge and abilities in the Romanian market.