Bucharest
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Bucharest has higher rents than Warsaw
An expat pays around 4,200 dollars a month (3,000 euros) for an apartment in Bucharest, the same cost as Prague, but a few hundred dollars more than in Warsaw, shows a study conducted by hum...
500,000 euros for first Bally store in Bucharest
Bally, the Swiss luxury footwear brand, has entered the Romanian market through a monobrand store on Nicolae Balcescu Blvd. The 100 square-metre unit (which covers two floors) entailed inves...
Number of shopping centres outside Bucharest doubles in 2007
The number of shopping centres outside Bucharest has doubled this year from 9 to 18, and is expected to double again next year, as another 15 or 16 mall-type projects are scheduled for deliv...
1,000 new apartments in Bucharest
Advanced Development real estate developer, which is controlled by Catalin Scripcaru, the former head of Raiffeisen Evolution, is set to develop a 1,000-apartment complex on the banks of Pan...
Top 3 counties sell three times fewer cars than Bucharest
The top three counties in terms of the number of cars registered (Constanta, Arges and Brasov) sold 35,477 cars in the first ten months of the year, i.e. a third of the 88,188 cars sold duri...
One in twenty Bucharest residents expected to buy a car this year
Over a third of the total cars sold in Romania in the first 10 months of this year, i.e. 258,000 units, were purchased by Bucharest residents, which roughly means that one in every twenty in...
Bucharest inhabitants: top savers in the country
The inhabitants of Bucharest were the top savers in the first nine months of the year, having made euro and RON-denominated deposits worth 29 billion euros, out of a total of 64.7 billion RO...
Norwegians buy 800 new apartments in Bucharest
Romania Invest, a Norwegian investment fund, has acquired around 800 new apartments in five residential projects in Bucharest and around the city since the beginning of the year. The investo...
Housing complexes around Bucharest double land prices
Prices of land around Bucharest are witnessing spectacular increases as a result of the rising interest of developers of housing complexes, so that in some cases trading values even double o...