Bucharest
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Arabesque set for rapid growth Bucharest and in Romania
Arabesque, Romania's biggest distributor of constructions and finishing materials, has opened an 18,000 square metre shopping centre in Baia Mare in the wake of investments worth several mil...
Ardaf Cluj to move to Bucharest in September
Ardaf is to move its headquarters to Bucharest next month as the company, which was set up in Cluj-Napoca, attempts to diversify its portfolio and recoup part of the house insurance and life...
High temperatures increase Bucharest inhabitants' energy bills
Electrica Muntenia Sud, the power distribution and supply company, which covers the Bucharest area and Ilfov and Giurgiu counties, expects to generate a turnover worth around half a billion...
Ion Gheorghe and Alexandru Haiduc get 40m euros for Bucharest land
The sale of assets and the 6-hectare area of land belonging to Compania Industriala Grivita, in Bucharest, will make Ion Gheorghe and Alexandru Haiduc, the main shareholders of the company,...
140m-euro real estate project planned in northern Bucharest
Spanish-held Delorian Group next year will start developing a real estate project in the northern area of the Capital, which will include 1,000 apartments and retail spaces with an overall a...
Bucharest wages: at least 50% higher than in the provinces
On average, wages in Bucharest are at least 50% higher than in other cities in Romania, and when it comes to management positions the gaps are even greater, explains Camelia Stanculescu, gen...
BelRom buys 60m-euro land in Bucharest
Real estate development company BelRom, which is controlled by several Belgian investors, has signed a contract to take over a nine-hectare plot of land and its assets held by Helitube in th...
Cartier brings its jewellery to Bucharest
Luxury giant Cartier is currently scouting the Romanian market, as it seeks to open a single-brand jewellery boutique in Bucharest, Tom Meggle (photo), Cartier's top man for Switzerland and...
Hotels in Bucharest: expensive yet in highest demand
Hotels in Bucharest registered the fastest growth in their occupancy rates in the first six months of this year, leaving behind cities such as London, Moscow and Istanbul. Overall, Bucharest...