Bucharest
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1M euro New Year's Eve party for Bucharest hotels
The hotels in Bucharest will get at least 1 million euros out of the New Year's Eve party, besides additional substantial revenue derived from organising parties thrown by companies for thei...
Euro soars to record-highs against USD, breaks 40,000 ROL threshold on Bucharest market
The ROL exchange rate against the single European currency climbed above the 40,000 level yesterday, as the Bucharest forex market was in sync with the foreign markets, where the euro soared...
Euro soars to record-highs against USD, breaks 40,000 ROL threshold on Bucharest market
The ROL exchange rate against the single European currency climbed above the 40,000 level yesterday, as the Bucharest forex market was in sync with the foreign markets, where the euro soared...
Foreign investors rushing to the Bucharest realty market
The office segment of the real estate market is hot. No sooner had the $30m Europe House deal had been sealed, that both the buyers (the Austrians from Europolis Invest) and the sellers (the...
IBM's Windows alternative in Bucharest
US IT giant IBM has invested $1.5 million in Bucharest to establish a Linux Competency Centre within the Automation and Computer Science School of the Polytechnic University of Bucharest. Th...
One more L'Oreal division in Bucharest
French cosmetics maker L'Oreal has introduced a new cosmetics division on the Romanian market. This division sells products aimed at drugstores only and is the second unit of the group launc...
Austrian company buys Bucharest office building in $30m deal
The Europe House building located in Bucharest's Victoriei Plaza, hosting the headquarters of mobile telephony operator Orange and other big multinationals, was sold by its Israeli builder f...
Bucharest Tourism turnover halves
Bucuresti Turism (Bucharest Tourism), the company controlling Bucharest Hotel in the Capital, posted 58bn ROL ($1.7m) turnover in H1, 2003, less than half the value registered in the year-ag...
5,000 hotel rooms in Bucharest
Bucharest has 46 hotels, with a total capacity of 4,962 rooms, with almost half of the units being ranked as three-stars, according to data provided by the Romanian Hotel Industry Federation...