“The Grand Hotel du Boulevard building is a historical monument and is being carefully restored. I don’t know when it will become operational. Its owner reserves the right to use the building for a different purpose,” said Ion Badea, PR representative of Niro Investment.
The hotel is owned by businessman Nicolae Dumitru, who controls the Niro group.
The workers who were consolidating the hotel’s interior said the hotel’s first, second, and third floors would become office spaces.
The former hotel, which in the past had many Romanian personalities as guests, among them sculptor Constantin Brancusi, is undergoing restoration.
The building at the junction between Calea Victoriei and Elisabeta boulevard has had several owners over time, and in 2004 was bought by businessman Nicolae Dumitru from Corneliu Iacobov.
Nicolae Dumitru controls the Niro group, which sponsored Romania’s national women’s handball team in 2010. The businessman also has shares in Dragonul Rosu shopping center, at the Bucharest exit towards Urziceni.
(English version by Daniela Stoican)