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Wizz Air To Operate New Flights As Of July
Automotive

Wizz Air To Operate New Flights As Of July

Low-cost airline Wizz Air will introduce in July four new flights from Bucharest to Doncaster Sheffield (Great Britain), Malaga (Spain), Malmo (Sweden) and Malta, and a flight from Cluj-Napo...

Gabriela Stan · 27.03.2014 · 14:52 · 1 min
Bucharest’s Airports Carried Over One Million Passengers In January-February 2014
Automotive

Bucharest’s Airports Carried Over One Million Passengers In January-February 2014

Traffic on Bucharest's Henri Coanda (Otopeni) and Aurel Vlaicu (Baneasa) airports rose 5.8% on the year to over one million in January-February 2014, as a result of attracting new airlines a...

Ecaterina Craciun · 17.03.2014 · 16:55 · 1 min
This Year’s Biggest Office Project In Bucharest Set To Be Completed Next Month
Real Estate

This Year’s Biggest Office Project In Bucharest Set To Be Completed Next Month

Czech-held S Group has invested almost EUR60 million to raise an office building with a rentable area of almost 31,000 square meters close to Piata Chirigiu of Bucharest.

Catalina Apostoiu · 17.03.2014 · 00:00 · 3 min
New Wave Of Retail Investments: 7 New Construction Sites In Bucharest
Real Estate

New Wave Of Retail Investments: 7 New Construction Sites In Bucharest

At present, 15 large shopping centers and 25 hypermarkets are operational in Bucharest, but retailers and real estate developers believe the market is not well covered. Thus, in mid-February...

Catalina Apostoiu · 04.03.2014 · 00:00 · 3 min
Bucharest Residents’ Budget: 70% Of Money Spent On Food, Gas And Utilities
Analysis

Bucharest Residents’ Budget: 70% Of Money Spent On Food, Gas And Utilities

A Bucharest resident spends almost 70% of monthly income on food, utilities, rent and transportation. At the opposite end, less than 2% of the monthly budget of around 2,200 lei (about EUR50...

Catalina Apostoiu · 27.02.2014 · 00:00 · 2 min
Bucharest Hotels Still Looking For Buyers
Real Estate

Bucharest Hotels Still Looking For Buyers

Several hotels in Bucharest put up for sale in 2008-2011 have not found a buyer so far, even though some owners have cut prices in a “lifeless” market that has not drawn the attention of any...

Loredana Frățilă-Cristescu · 04.02.2014 · 00:00 · 2 min
Fitch Affirms City Of Bucharest At 'BBB-'; With Stable Outlook
Social/Politics

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, reflecting a sound budgetary performance but also a large refinancing...

Bogdan Neagu · 31.01.2014 · 19:06 · 1 min
Residential Land Prices Continue Decline In Bucharest
Real Estate

Residential Land Prices Continue Decline In Bucharest

The price of land for house building continued to go down in most areas of Bucharest and its outskirts in the past year.

Loredana Frățilă-Cristescu · 15.01.2014 · 02:35 · 1 min
BRD To Cofinance Bucharest City Hall Projects With Up To RON140M
Banks-Insurance

BRD To Cofinance Bucharest City Hall Projects With Up To RON140M

Romanian lender BRD-Groupe Societe Generale (BRD.RO) will lend up to RON140 million (EUR31 million) to co-finance certain projects of Bucharest City Hall via the Regional Operational Program...

Gabriela Stan · 09.01.2014 · 16:31 · 1 min