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Beraria H And Pescarus Enter Battle With Luxury Restaurants Of Northern Bucharest
Companies

Beraria H And Pescarus Enter Battle With Luxury Restaurants Of Northern Bucharest

Bucharest’s northern area, dominated until recently by around 10 luxury restaurants, opens up for mass businesses as well as Beraria H entered Herastrau park last autumn and Pescarus restaur...

Catalina Apostoiu · 16.03.2015 · 00:00 · 2 min
Bucharest Apartment Owners Start Testing Market With Price Hikes
Real Estate

Bucharest Apartment Owners Start Testing Market With Price Hikes

Asking prices for old three-room apartments in Bucharest rose by around 2% in the first month of this year, after owners hiked prices particularly in the better areas of the city, such as 1...

Catalina Apostoiu · 10.02.2015 · 00:00 · 1 min
Fitch Ratings Affirms City Of Bucharest at 'BBB-'; Outlook Stable
Banks-Insurance

Fitch Ratings Affirms City Of Bucharest at 'BBB-'; Outlook Stable

Fitch Ratings on Friday affirmed the Romanian city of Bucharest's long-term foreign currency issuer default rating at 'BBB-', long-term local currency IDR at 'BBB' and short-term foreign cur...

Gabriela Stan · 30.01.2015 · 20:06 · 1 min
New Shopping Malls To Open Next Year In Romania, After EUR300M Investments
Real Estate

New Shopping Malls To Open Next Year In Romania, After EUR300M Investments

Over 100 projects (shopping malls, retail parks, retail galleries) have been opened in Romania in the past 15 years, and 2015 will bring another three malls, in Bucharest, Brasov and Timisoa...

Catalina Apostoiu · 29.12.2014 · 00:00 · 2 min
Retail&Consumer

Bucharest Ranks 30th Among European Cities By Interest Of International Retailers For Expansion

Bucharest ranks 30th among the most attractive 57 cities in Europe in terms of the interest of international retailers for expansion, after Budapest and Warsaw, and 25th as regards luxury br...

Gabriela Stan · 18.12.2014 · 13:08 · 2 min
Bucharest Enters New Housing Boom
Real Estate

Bucharest Enters New Housing Boom

The number of houses and apartments completed in the Bucharest-Ilfov area rose by 84% in the third quarter of the year and by 64% in the first nine months, according to data published by the...

Catalina Apostoiu · 05.12.2014 · 00:00 · 1 min
Kaufland Opens Tenth Store In Bucharest And Ends The Year With 102 Stores In Romania
Retail&Consumer

Kaufland Opens Tenth Store In Bucharest And Ends The Year With 102 Stores In Romania

Germany’s hypermarket chain Kaufland, the leader of Romanian retail with revenue of above EUR1.6 billion last year, yesterday opened the tenth store of its Bucharest network and its 101th st...

Catalina Apostoiu · 27.11.2014 · 00:00 · 1 min
DTZ: Over 500,000 Sqm Of Bucharest Office Space In Various Stages Of Planning
Real Estate

DTZ: Over 500,000 Sqm Of Bucharest Office Space In Various Stages Of Planning

More than 500.000 square meters of office space in Romania’s capital Bucharest currently are in various stages of planning, accounting for nearly 25% of the current office stock, according t...

Ecaterina Craciun · 25.11.2014 · 17:42 · 1 min
Bucharest Inhabitants Spend EUR20M On Pizza Annually
Analysis

Bucharest Inhabitants Spend EUR20M On Pizza Annually

Daily, between 3,000 and 4,000 orders for pizza are placed in Bucharest, from home or from restaurants, each including three pieces on average, according to market information. The top playe...

Catalina Apostoiu · 18.11.2014 · 00:00 · 3 min