Economy Of Bucharest
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Economy Of Bucharest
Bucharest is the most economically developed and industrialised city in Romania, producing around 21% of the country's GDP and about one-quarter of its industrial production, while only accounting for 9% of the country's population. Almost one third of national taxes is paid by Bucharest's citizens and companies. In 2009, at purchasing power parity, Bucharest had a per-capita GDP of €26,100, or 111% that of the European Union average and more than twice the Romanian average. The city's strong economic growth has revitalised infrastructure and led to the development of many shopping malls and modern residential towers and high-rise office buildings. In September 2005, Bucharest had an unemployment rate of 2.6%, significantly lower than the national unemployment rate of 5.7%. Bucharest's economy is mainly centred on industry and services, with services particularly growing in importance in the last ten years. The city serves as the headquarters of 186,000 firms, including nearly all ...
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Bucharest
Bucharest ( , ; ro, București ) is the capital and largest city of Romania, as well as its cultural, industrial, and financial centre. It is located in the southeast of the country, on the banks of the Dâmbovița River, less than north of the Danube River and the Bulgarian border. Bucharest was first mentioned in documents in 1459. The city became the capital of Romania in 1862 and is the centre of Romanian media, culture, and art. Its architecture is a mix of historical (mostly Eclectic, but also Neoclassical and Art Nouveau), interbellum ( Bauhaus, Art Deco and Romanian Revival architecture), socialist era, and modern. In the period between the two World Wars, the city's elegant architecture and the sophistication of its elite earned Bucharest the nickname of 'Paris of the East' ( ro, Parisul Estului) or 'Little Paris' ( ro, Micul Paris). Although buildings and districts in the historic city centre were heavily damaged or destroyed by war, earthquakes, and even Nic ...
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Carrefour
Carrefour () is a French multinational retail and wholesaling corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores and convenience stores, which as of December 2021, comprises its 13,894 stores in over 30 countries. History The first Carrefour shop (not a hypermarket) opened in 1960, within suburban Annecy, near a crossroads (hence the name, ''carrefour'' means ''crossroads'' in French). The group was created in 1958 by Marcel Fournier, Denis Defforey and Jacques Defforey, who attended and were influenced by several seminars in the United States led by "the Pope of retail" Bernardo Trujillo. The Carrefour group was the first in Europe to open a hypermarket, a large supermarket, and a department store under the same roof. They opened their first hypermarket on 15 June 1963 in Sainte-Geneviève-des-Bois, near Paris. In April 1976, Carrefour launched a private label ''Produits ...
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Blue Air
Blue Air is a Romanian low-cost airline headquartered in Bucharest, with its hub at Henri Coandă International Airport. It is the largest Romanian airline by scheduled passengers flown. In 2017, Blue Air carried over 5 million passengers, a 40% increase over the 3.6 million passengers flown the previous year. As of September 2022, Blue Air served 75 scheduled destinations in 21 countries. Blue Air was forced to suspend all operations on 6 September 2022 and did not plan to resume any flights before late 2022. As of November 2022, its license had been suspended. History Foundation and early years Founded by Nelu Iordache, Blue Air started operating in December 2004. Blue Air initially operated domestic and international flights, although domestic services were soon discontinued due to low sales and competition from TAROM, as well as Căile Ferate Române, the Romanian rail company. Blue Air resumed domestic operations in 2015, starting with Bucharest to Iași flights. On 12 ...
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Air Bucharest
Air Bucharest is an charter airline with its head office in Sector 1, Bucharest, Romania. The airline operates charter flights to various destinations in Europe, Africa, and the Middle East out of Henri Coandă International Airport, Iași International Airport, Cluj-Napoca International Airport, Traian Vuia International Airport, Sibiu International Airport, and Bacău International Airport. History The airline was founded in 2010, with the first commercial flight departing from Cluj and arriving in Antalya on 3 July. Destinations Fleet The Air Bucharest fleet comprised the following aircraft (as of February 2021): The airline fleet previously included the following aircraft: * 1 Boeing 737-400 The Boeing 737 Classic is a series of narrow-body airliners produced by Boeing Commercial Airplanes, the second generation of the Boeing 737 series of aircraft. Development began in 1979 and the first variant, the 737-300, first flew in Februa ... References External li ...
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Obor
Obor is the name of a square and the surrounding district of Bucharest, the capital of Romania. There is also a Bucharest Metro station (on the M1 line) named Obor, which lies in this area. The district is near the Colentina and Moșilor neighborhoods. Obor stands in the place of "Târgul Moșilor", a fair famous throughout Wallachia, which was held twice a week. In Old Romanian, "''obor''" meant ''enclosure, corral''. Located outside the city, in the 18th century, it was also the place for public hangings. About 20 Turks captured from wars were hanged here by the Romanians.Justiţie în Bucureştii de odinioară
''Magazin Istoric'', no. 461. August 2005 The Obor market (Piața Obor), the direct successor of the original fair, was, until 2007, Bucharest's largest public market. ...
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Unirea Shopping Center
Unirea Shopping Center is a chain of two large shopping centres, the initial one being located in Unirii Square, Bucharest, Romania, and the second one in Brașov. Bucharest Opened in 1976 and enlarged in 1989, it was the largest department store in Communist Romania. It was converted into a shopping centre during the 1990s. The complex has a total area of and 1,000 parking spaces. The closest metro station to the shopping centre is Piața Unirii metro station. Critical reception In recent years many empty spaces have appeared in the Unirea shopping centre in Bucharest where once main-street and many less well known brands had their outlets. The state of the building has deteriorated gravely, which may lead to more vacancies in the near future. For occasional Romanian clients and foreign tourists it seems already to be clear that when the owner of the building does not invest in redevelopment (e.g., by reduction of shop floor capacity and modernisation, combined with creation o ...
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City Mall, Romania
City Mall was a shopping mall located in Eroii Revolutiei square, Bucharest, Romania Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and .... Opened in 2005, the construction was based on an incomplete hunger circus abandoned after the fall of the Communist system. The mall became insolvent in 2012, and was bought by real estate investor Ioannis Papalekas. In March 2013, Papalekas announced plans to convert the mall into an office building. References {{Shopping malls in Bucharest Shopping malls in Bucharest ...
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Plaza Romania
Plaza Romania is a shopping mall in Bucharest, Romania. The construction, based on an uncompleted hunger circus abandoned after the fall of Nicolae Ceaușescu, has three distinguishable parts — a central structure with a dome in diameter, and two new and complex wing structures. The centre has two functional sections — a mall and a hypermarket — which can be operated independently, according to operation conditions. The site also includes an open-air carpark and an indoor carpark. The entire structure has four floors: the basement, which contains the carpark and leisure areas; the ground floor, which contains department stores, the Hypermarket, and retail stores; the first floor, which contains retail stores, leisure areas, and cinemas; and the second floor, which contains more retail shops and cinemas, as well as a bowling alley, a fitness centre and a food court. On August 29, 2009, a tribute to Michael Jackson Michael Joseph Jackson (August 29, 1958 ...
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Bucharest Mall
Bucharest ( , ; ro, București ) is the capital and largest city of Romania, as well as its cultural, industrial, and financial centre. It is located in the southeast of the country, on the banks of the Dâmbovița River, less than north of the Danube River and the Bulgarian border. Bucharest was first mentioned in documents in 1459. The city became the capital of Romania in 1862 and is the centre of Romanian media, culture, and art. Its architecture is a mix of historical (mostly Eclectic, but also Neoclassical and Art Nouveau), interbellum ( Bauhaus, Art Deco and Romanian Revival architecture), socialist era, and modern. In the period between the two World Wars, the city's elegant architecture and the sophistication of its elite earned Bucharest the nickname of 'Paris of the East' ( ro, Parisul Estului) or 'Little Paris' ( ro, Micul Paris). Although buildings and districts in the historic city centre were heavily damaged or destroyed by war, earthquakes, and even Nicolae ...
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Băneasa Shopping City
Băneasa Shopping City is a shopping center in the north of Bucharest, Romania, opened on 18 April 2008. Located in the Băneasa neighborhood of Sector 1, it is part of the Băneasa Developments owned by convicted crimimaAurel and Radu Timofte. Besides the Băneasa Commercial Platform, Băneasa Developments orchestrates a mix of real estate developments, shopping center management and an extensive entertainment unit. Băneasa Shopping City is an extensive commercial and real estate area located in the northern area of Bucharest. History The mall was constructed by French firm Bouygues in 2008. Investment in the mall development was 150 million euros. Băneasa Shopping City is the fifth mall opened in Bucharest, after Bucharest Mall, Plaza Romania, City Mall and Unirea Shopping Center. In total, it includes 280 stores. The shopping center attracted more than 750,000 visitors in the first month. The mall has 55,000 square meters of retail space and also includes Grand Cinema&More, ...
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AFI Cotroceni
AFI Cotroceni is a shopping mall in Bucharest, Romania. It is located in the western part of the city, between the city center and two of the largest residential districts, Militari and Drumul Taberei. With approximately of gross leasable area, AFI Cotroceni is Romania's largest shopping mall. Events In September 2016 the final tournament of the 2016 FIBA Europe 3x3 Championships, the European Championships of 3x3 basketball 3x3 basketball (pronounced ''three-ex-three'') is a variation of basketball played three-a-side, with one backboard and in a half-court setup. According to an ESSEC Business School study commissioned by the International Olympic Committee, 3x3 ..., was contested within the shopping centre. References External links AFI Cotroceni Official Site {{DEFAULTSORT:Afi Cotroceni Shopping malls in Bucharest Basketball venues in Romania ...
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Supermarkets In Romania
The concept of modern, big and self-service store came to Romania in mid-1990s. Since mid-2000s, there has been a strong growth in the number of supermarkets in the country, particularly in Bucharest and other main urban areas. Almost all supermarkets are owned by multinational companies. This is a list of major retailers in Romania in 2022. See also *List of supermarket chains References {{Europe topic, List of supermarket chains in Romania * Supermarkets A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limit ...
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