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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Sheraton hotel in downtown Bucharest will get 100-room extension

Grand Plaza Hotel, the company that owns the Sheraton hotel in central Bucharest, wants to add about 100 rooms to the 270 existing ones by building another section, Economica.net reported.

The investment will reach about EUR 5 million, or between EUR 30,000-50,000 per room.

The company sketched the project in 2018 and recently asked for the Bucharest municipality's approval to start work.

The construction works will begin next year, after receiving all the necessary permits unless the COVID-19 pandemic changes the company's plans.

The Sheraton hotel is located at the intersection of Calea Dorobantilor and Bulevardul Dacia in the center of Bucharest.

Grand Plaza Hotel will develop the new wing on two land plots it owns, 5,623 sqm on Calea Dorobanților and 889 sqm on Magheru Boulevard.

Romanian investor Radu Dimofte indirectly controls Grand Plaza Hotel through Cypriot offshores Tatika Investments and Tresela Investments.

Radu Dimofte is one of the biggest property owners in Bucharest and also owns the Ramada Parc and Ramada Plaza hotels.

(Photo: Shutterstock)

[email protected]

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Sheraton hotel in downtown Bucharest will get 100-room extension

Grand Plaza Hotel, the company that owns the Sheraton hotel in central Bucharest, wants to add about 100 rooms to the 270 existing ones by building another section, Economica.net reported.

The investment will reach about EUR 5 million, or between EUR 30,000-50,000 per room.

The company sketched the project in 2018 and recently asked for the Bucharest municipality's approval to start work.

The construction works will begin next year, after receiving all the necessary permits unless the COVID-19 pandemic changes the company's plans.

The Sheraton hotel is located at the intersection of Calea Dorobantilor and Bulevardul Dacia in the center of Bucharest.

Grand Plaza Hotel will develop the new wing on two land plots it owns, 5,623 sqm on Calea Dorobanților and 889 sqm on Magheru Boulevard.

Romanian investor Radu Dimofte indirectly controls Grand Plaza Hotel through Cypriot offshores Tatika Investments and Tresela Investments.

Radu Dimofte is one of the biggest property owners in Bucharest and also owns the Ramada Parc and Ramada Plaza hotels.

(Photo: Shutterstock)

[email protected]

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