OLD TOWN
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One Bookstore Leaves, Another Moves In Bucharest’s Old Town
A retail space built on Lipscani Street in Bucharest’s Old Town, whose previous two tenants failed, has now found a new one: a Compas bookstore.
Adidas Closes Store In Bucharest Old Town Seven Years After Inauguration
Adidas, one of the largest sporting goods manufacturers in the world, closed the store it opened in Bucharest’s Old Town seven years ago, without commenting on the decision. The few retailer...
First Hilton Garden Inn Hotel To Open In Bucharest’s Old Town
The Lithuanian investors who own the four-star Europa Royale Hotel at the entrance to Bucharest’s Old Town are investing in a new hotel in the area, near Romania’s central bank headquarters,...
Bucharest’s Old Town: Where To?
Six of the best known hangouts in Bucharest’s Old Town, including the City Grill restaurant on Lipscani Street, the Biutiful bar and Club Fire, closed last week, once President Klaus Iohanni...
Retail On The Rise In Bucharest’s Old Town
Retail has come to take up one quarter of the over 300 spaces of Bucharest’s old town, an area still dominated by HoReCa units.
Tequila Sales Up 43% In 2013 Against 2008, Heading Toward EUR5M
Sales of tequila, a drink that sold less than 20,000 liters on the Romanian market a decade ago, reached some 228,000 liters last year, up 43% compared to 2008, while most spirits categories...
Carturesti To Open New Bookstore In Bucharest’s Old Town
Bookstore chain Carturesti, held by local entrepreneurs Nicoleta Dumitru and Serban Radu, has rented one of the buildings that used to house the Chrissoveloni Bank on the Lipscani Street, in...
Most Popular Bars In Bucharest’s Old Town See Sales Of Over EUR1M A Year
The bars with the highest sales in Bucharest’s Old Town each make more than EUR1 million revenue a year, three or four times more than the average.
Turkish Fashion Retailer Koton Buys Building In Bucharest’s Old Town
Turkish fashion retailer Koton, which has four stores in Bucharest, has bought a 1,200 square meter building in the city’s Old Town for EUR4.5 million from an Irish businessman, sources clos...