03.30.2015

The average occupancy rate of Bucharest hotels rose by 9.3% last year, to 63%, with the Romanian capital city boasting one of the biggest increases of this indicator among ten states of southeastern more

03.27.2015

Preparations for the biggest leu-denominated bond offering on the local capital market have entered the finishing straight: the prospectus is almost ready and subscriptions are likely to start in one more

03.26.2015

German-held retailer Kaufland, present in Romania for one decade, is set to open a new store in Bucharest, in Ferentari, on the land plot of the former Fapiro plant. more

03.22.2015

Local entrepreneur Florin Balu, founder of the Snack Attack restaurant chain sold to private equity firm Global Eye Investment in 2012, has invested about EUR100,000 together with Fratelli owners in a more

03.19.2015

Bucharest alone contributes 35% to 45% of the revenue of the local retail industry, which makes it the most powerful market and hottest place to be for store chains. more

03.18.2015

The Bucharest Stock Exchange approved the Hungarian brokerage house Concorde Securities as participant on the regulated spot market and its registration in the Participants’ Registry, the stock more

03.16.2015

Bucharest’s northern area, dominated until recently by around 10 luxury restaurants, opens up for mass businesses as well as Beraria H entered Herastrau park last autumn and Pescarus restaurant has more

02.20.2015

Steelmaker ArcelorMittal decided that ArcelorMittal Iasi and ArcelorMittal Roman will be delisted from Bucharest Stock Exchange, while ArcelorMittal Hunedoara will be transferred from Rasdaq to AeRO more

02.11.2015

Delivery Solutions, operator of delivery service firm Sameday Courier , will become the first Romanian courier operator to be listed on the alternative trading system AeRO operated by the Bucharest more

02.10.2015

The net profit of the Bucharest Stock Exchange (BVB) climbed 25% in 2014, to 11.9 million lei (EUR2.7 million), from RON9.48 million a year ago, backed by the value of trades which boosted the more

02.10.2015

Asking prices for old three-room apartments in Bucharest rose by around 2% in the first month of this year, after owners hiked prices particularly in the better areas of the city, such as 1 Mai, 13 more

01.30.2015

Fitch Ratings on Friday affirmed the Romanian city of Bucharest's long-term foreign currency issuer default rating at 'BBB-', long-term local currency IDR at 'BBB' and short-term foreign currency IDR more

01.27.2015

Romanian software solution provider Arobs Transilvania might float on the main segment of Bucharest Stock Exchange this year if the audit and market conditions are favorable, as a financing solution more

01.26.2015

Four companies in Bega group, Bega Electromotor (ELTR.RO), Bega Minerale Industriale (BMIA.RO), BegaTurism (SCDE.RO) and Bega Tehnomet (TEHO.RO), will be delisted from Bucharest Stock Exchange as more

01.14.2015

Several pension funds managed by Dutch group ING increased their stake in Bucharest Stock Exchange (BVB.RO) by 0.62% to 5.57% on January 9, when the provision according to which ownership threshold in more

12.29.2014

Over 100 projects (shopping malls, retail parks, retail galleries) have been opened in Romania in the past 15 years, and 2015 will bring another three malls, in Bucharest, Brasov and Timisoara, in the more

12.23.2014

The Bucharest Stock Exchange is among the cheapest stock markets in the world, as it is undervalued compared with both the neighboring stock markets in Poland and Hungary and more mature markets such more

12.18.2014

Bucharest ranks 30th among the most attractive 57 cities in Europe in terms of the interest of international retailers for expansion, after Budapest and Warsaw, and 25th as regards luxury brands, more

12.05.2014

The number of houses and apartments completed in the Bucharest-Ilfov area rose by 84% in the third quarter of the year and by 64% in the first nine months, according to data published by the more

11.27.2014

Two syndicates, one comprising BCR-BRD and the other Raiffeisen Bank, Banca Transilvania and Japanese Nomura bank have submitted bids for assisting the Bucharest City Hall with the issuance and sale more

11.27.2014

Germany’s hypermarket chain Kaufland, the leader of Romanian retail with revenue of above EUR1.6 billion last year, yesterday opened the tenth store of its Bucharest network and its 101th store in more

11.25.2014

More than 500.000 square meters of office space in Romania’s capital Bucharest currently are in various stages of planning, accounting for nearly 25% of the current office stock, according to DTZ more

11.19.2014

The European Bank for Reconstruction and Development (EBRD) on Wednesday said it acquired a 4.99% stake in the Bucharest Stock Exchange, proving its support for Romania’s comprehensive efforts to more

11.18.2014

Daily, between 3,000 and 4,000 orders for pizza are placed in Bucharest, from home or from restaurants, each including three pieces on average, according to market information. The top players, more

11.12.2014

The city of Bucharest plans to issue leu-denominated bonds to fund the repayment of its EUR500 million Eurobond that falls due in 2015, according to an auction announcement. more