Tourism : EUR 42 mln to reshuffle Radisson Blu hotel in Bucharest

Tuesday, August 6, 2019

The new owners of the Radisson Blu - Park Inn hotel complex in Bucharest, investment funds Cerberus and Revetas Capital, have brought EUR 42 million for remodeling the complex on Calea Victoriei in downtown Bucharest. They paid EUR 169 mln to take over the complex in 2017. Locally-registered investment vehicle Nemo Investment received an infusion of capital worth EUR 42 million in June, according to data from the Trade Registry. The money will be used ...

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Economic

Tuesday, August 6, 2019

Trade: Share of food and non alcoholic beverages in overall expenses is 2.5 times higher in Romania than EU average
In summertime , Romanians order cosmetics and detergents online of 400 lei
Eurostat: Romania, ninth among EU’s biggest beer producers
Tourism : EUR 42 mln to reshuffle Radisson Blu hotel in Bucharest
Arrivals in Romania's tourist accommodation establishments at 5 ml-plus in H1, down 4.4 pct YoY
Romania is the EU state with the highest share of people who can’t afford a one-week annual holiday
Cars: Tractor imports exceed 230 million euros in first 4 months of 2019
Romania had its best semester ever for re-registrations of used cars
Telecom.IT : Romania cuts starting price for 5G licenses auction
Agriculture: Honey, wine and beef, among Romanian agro-food products that could be exported to China
Meat, fish products' exports up 7.4 pct January through April 2019
Real Estate: Almost 60 pct of potential home buyers opt for new apartments
Infrastructure: Record traffic at Otopeni and Baneasa airports, Bucharest
Overall goods traffic in Romanian maritime ports grew by 14% in first semester