05.05.2014

The companies that own five-star hotels InterContinental and Radisson Blu of Bucharest, switched into the black in 2013 after having reported losses for the past five years (excepting 2011 in the case more

04.25.2014

Housing construction left the crisis behind last year in and around Bucharest, in the context where the number of completed housing units rose by 16.5% in the Bucharest-Ilfov region, to 5,275 units. more

04.24.2014

Three local banks, Raiffeisen, Pro Credit and Garanti, are preparing 760 million lei (EUR170 million) bond issues to be listed on the Bucharest Stock Exchange. more

04.22.2014

Twenty banks and large companies occupy around 360,000 square meters of office space in Romania's capital city Bucharest, where nearly 35,000 employees work. The spaces filled by these groups account more

04.01.2014

Banca Comerciala Romana, the largest Romanian bank, last year became the owner of the land plot on Calea Victoriei boulevard where is located Bucharest Financial Plazza, the tower that hosts its more

03.31.2014

French group Alstom, which has handled maintenance works for the Bucharest subway since 2003, plans to get involved in the Drumul Taberei-Pantelimon subway project by delivering 43 trains, in a more

03.27.2014

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-Napoca to more

03.25.2014

Radisson Blu and InterContinental are two of the 5-star hotels of Bucharest where Coca-Cola is present exclusively, while JW Marriott has an exclusivity contract with Coca-Cola’s main rival, more

03.20.2014

Romanian power grid operator Nuclearelectrica (SNN.RO) raised 381.04 million lei (EUR84.86 million) Thursday after selling 2.3 terawatt hours of electricity to trader GEN-I Bucharest on the local more

03.20.2014

Romania’s stock market can attract significant investments by 2017, the year set as its target for joining the league of emerging markets, Bucharest Stock Exchange chief executive Ludwik Sobolewski more

03.19.2014

The Bucharest Stock Exchange will introduce two new indices in the second half of the year, namely the BET Plus and the BET Total Return, or BET-TR, the head of the market operator said Wednesday. more

03.17.2014

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 and more

03.17.2014

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. more

03.04.2014

Most profitable 30 companies listed on the Bucharest Stock Exchange posted an aggregated net profit of 8.68 billion lei (EUR1.92 billion) last year, 19% higher than in 2012, according to preliminary more

03.04.2014

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, seven more

03.03.2014

The Bucharest Stock Exchange did not show any signs of rebound in February, either, after a slow January, even though most listed companies posted growing financial results, while the international more

02.27.2014

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 EUR500) is more

02.25.2014

Mobile telephony operator Vodafone Romania will consolidate its Bucharest operations in an office tower developed by Greek businessman Ioannis Papalekas on Barbu Vacarescu street in the northern area more

02.11.2014

The Bucharest Stock Exchange (BVB.RO) reported a preliminary net profit of 10 million lei (EUR2.1 million) in 2013, up 10.9% from RON9 million in the previous year, the market operator said Tuesday. more

02.04.2014

The Bucharest stock market fell 1.1% Tuesday morning and the bulk of its liquidity was secured mainly by a special deal with the shares of investment fund Fondul Proprietatea (FP.RO). more

02.04.2014

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 new more

02.03.2014

The largest independent brokerage firm in Poland, Ipopema Securities, might announce entry in Romania this week, market sources say. more

01.31.2014

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 risk for a more

01.15.2014

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

01.09.2014

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 (ROP) more