BUCHAREST
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Bucharest Apartment Prices Stay Frozen In First Summer Month
The average price of old three-room apartments in Bucharest dropped by 1% month-on-month in June, from EUR81,400 to EUR80,600, according to the real estate index drawn up by ZF together with...
Fitch Ups Brasov, Oradea Ratings; Puts Bucharest On Positive Watch
Fitch Ratings upgraded the Romanian cities of Brasov and Oradea's long-term foreign currency ratings to 'BBB-' from 'BB+', with stable outlooks, the agency said in a statement Thursday.
Bucharest Needs 450 More Hectares Of Green Space To Meet EU Requirements
More than 1.7 million trees planted on public land in Bucharest were recorded through the Green Register project, but the capital needs around 450 more hectares of green space, to meet the E...
Bucharest’s First Green Areas Census: Tree Numbers Up 50% In 20 Years
Bucharest has 1.7 million trees in its public spaces and 400,000 trees on private properties according to the first census on green areas conducted in Bucharest, as well as nationwide. Any r...
CNADNR Needs EUR100M To Finish Bucharest Ring Road
The contract to design and construct the last two sections of the Bucharest ring road will cost about 424.67 million lei (about EUR100 million), VAT excluded, the national roads authority CN...
City Mall Fails To Find Buyer For Fourth Time
Bucharest’s bankrupt shopping center City Mall failed again to find a buyer at the fourth auction scheduled at the end of last week.
Bucharest Does Not Exist As City-Break Destination
Although the trend of city breaks shaped up in the region several years ago, Bucharest is lagging way behind some capitals such as Budapest or Prague, which are attracting thousands of touri...
Bucharest Authority Awards EUR287M Street Maintenance Contracts
The Bucharest Street Administration has awarded contracts for street maintenance and management for four years, worth a total 1.17 billion lei (EUR287 million, without VAT), to companies inc...
Basescu Says Parliament Decides On Bucharest’s Administrative Organization
Romanian President Traian Basescu said Thursday a referendum on the administrative organization of Bucharest is not needed, as the Parliament is the body to decide whether the capital will c...