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Fitch Affirms City Of Bucharest At 'BBB-'; With Stable Outlook
Macroeconomics

Fitch Affirms City Of Bucharest At 'BBB-'; With Stable Outlook

Fitch Ratings on Friday affirmed the main ratings of Romania's capital city Bucharest at 'BBB-', with a stable outlook, citing strong operating performance and a moderate debt level.

Ecaterina Craciun · 01.08.2014 · 22:17 · 1 min
Bucharest’s Deindustrialization, A “Success”
Analysis

Bucharest’s Deindustrialization, A “Success”

Bucharest no longer has any plant employing at least 1,000 people, according to a ZF survey based on Trade Registry data regarding the 500 largest employers headquartered in Romania’s capita...

Catalina Apostoiu · 15.07.2014 · 00:00 · 2 min
Bucharest Ranks 90th In Top 132 Most Visited Cities
Social/Politics

Bucharest Ranks 90th In Top 132 Most Visited Cities

Bucharest ranks 90th among 132 most travelled cities from around the world, with less than one million visitors estimated for this year, while London tops the list, according to MasterCardGl...

Gabriela Stan · 09.07.2014 · 13:23 · 1 min
Accor To Open First Mercure Hotel In Romania This Fall
Companies

Accor To Open First Mercure Hotel In Romania This Fall

French hotel group Accor expands its presence on the Romanian market with a new brand, Mercure, by opening a hotel in downtown Bucharest this autumn.

Ecaterina Craciun · 12.06.2014 · 14:30 · 1 min
Bucharest, The Most Lucrative Market For Shopping Center Owners By Far
Real Estate

Bucharest, The Most Lucrative Market For Shopping Center Owners By Far

Romania’s capital city is the most productive market for owners of shopping centers, followed by Cluj, Iasi, Constanta and Timisoara.

Catalina Apostoiu · 12.06.2014 · 03:39 · 2 min
Most Expensive Building Put Up For Sale In Bucharest Costs EUR7.5M
Real Estate

Most Expensive Building Put Up For Sale In Bucharest Costs EUR7.5M

The most expensive buildings in Romania are located in the capital city, Bucharest, namely a 38-room palace, put up for sale at a price of EUR7.5 million, and an 18-room villa, which costs E...

Gabriela Stan · 10.06.2014 · 13:12 · 1 min
Mega Image Opens New Shop&Go Convenience Store In Bucharest
Retail&Consumer

Mega Image Opens New Shop&Go Convenience Store In Bucharest

Retailer Mega Image, part of Belgian group Delhaize, is opening a new Shop&Go convenience store Thursday, in capital Bucharest, reaching a network of 311 units in Romania, the retailer said.

Gabriela Stan · 04.06.2014 · 15:27 · 1 min
Bucharest Set To Reach 36 Or Even 40 Hypermarkets In Next Two Years
Companies

Bucharest Set To Reach 36 Or Even 40 Hypermarkets In Next Two Years

So far, 25 hypermarkets have been built in Bucharest, operated by Carrefour, Auchan, Kaufland and Cora networks. In the next two years, their number could go to 36 or even 40 units, in the w...

Catalina Apostoiu · 19.05.2014 · 00:00 · 2 min
ZF Index: Prices Of 3-Room Apartments In Bucharest On The Rise For Third Consecutive Month
Real Estate

ZF Index: Prices Of 3-Room Apartments In Bucharest On The Rise For Third Consecutive Month

Owners of old 3-room apartments in capital Bucharest gathered up courage at the beginning of this year and started slightly raising the asking price in certain districts of the city.

Catalina Apostoiu · 07.05.2014 · 00:00 · 1 min