Bucharest
459 articole · RSS
Land around Bucharest remains at 2008 prices, but plots for sale are smaller
The average price of land in the area surrounding Bucharest was of 353.4 RON/square metre in March, similar to that recorded in March 2008, but sellers now put up smaller areas.
IT expert develops four-star hotel in Bucharest
Businessman Constantin Arsene, owner of Prodinf, which specialises in software development, invested 5.5 million euros in the construction of a four-star hotel in Bucharest - Berthelot, whic...
Forex market trading goes back to 2007 level
The volume of trading on the Bucharest forex market continued to decline in March, to a little over 31 billion euros, the lowest level recorded since September 2007.
3bn-euro mega real estate projects blocked due to lack of funding
Giant real estate projects, covering several hectares of land in Bucharest, and even hundreds of hectares outside the city, are the most difficult to finance at present, which is why the maj...
Prices of Bucharest apartments down by a further 11% in three months
Old three-room apartments in Bucharest have become 34% cheaper in the past year, costing 106,000 euros on average in March, according to the ZF real estate index.
Irish developer Black Pearl to deliver 500 homes
Irish property developer Black Pearl, which has up until now spent around 100 million euros on acquiring land in Bucharest and in other cities in Romania, intends to finalise 500 homes on th...
First Wyndham-branded hotel in Romania to be built in Bucharest in next few years
Wyndham hotel chain, a part of the American group by the same name, intends to enter the Romanian market, with the first hotel of the chain to be built in Bucharest, probably starting in 201...
Hungary's Ablon developer freezes all projects in Bucharest
Hungary's Ablon developer, controlled by Austria's Volksbank and Israeli businessman Uri Heller, announced it decided to further develop only three projects of its portfolio, two in Budapest...
Burger King expands to Constanta and Bucharest
Atlantic Restaurant Systems, which operates the Burger King franchise in Romania, is accelerating its development plans, announcing eight fast food restaurants by March, whereas almost a yea...