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Corinthia Grand Hotel du Boulevard: The magic of the holidays and the brilliance of a reborn history

Last week, Christmas lights transformed Corinthia Grand Hotel du Boulevard into a symbol of holidays and elegance. The emblematic building in the center of Bucharest, inaugurated in 1873 and designed by architect Alexandru Orăscu for jeweler Jacques Herdan, was restored by NIRO Investment Group. Thus, the hotel continues its story as a witness to the history and transformations of the capital.

The festive decor impresses with its refined details and deep meanings. Hot air balloon-shaped ornaments evoke the nostalgia of holidays of yesteryear, while carousel horses bring a playful touch, contrasting with the classic sophistication of neoclassical architecture. At the center of the decor, a thematic Christmas tree with clocks symbolizes the passage of time and the beauty of festive moments. The entire ensemble is completed by thousands of lights, fir trees and other elements that form a fairy tale setting.

Corinthia Grand Hotel du Boulevard is preparing for a new stage, to be reopened in 2025 as a luxury boutique hotel, with 30 exclusive suites. The future destination will host the famous SASS in Monaco and a spa center and will redefine the standards of luxury hospitality in Bucharest.

This initiative symbolizes not only the restoration of a historic building, but also the celebration of a new chapter for the cultural heritage of the capital. Corinthia Grand Hotel du Boulevard will remain a place where tradition meets modernity, offering guests an unparalleled experience.

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NIRO Investment Group supports the anniversary concert of Loredana Groza, a tribute to the 40 years of the artist’s career

In a celebration of Romanian talent and music, Loredana Groza will mark 40 years of her career with an anniversary concert at Sala Palatului, supported by NIRO Investment Group. This concert, which will take place on the 16th and 17th of November, will celebrate not only the artist’s debut, in 1984, in the “Star without a name” contest, but also her unique contribution to the Romanian music scene.

Loredana was the first Romanian artist to take the stage of the Palace Hall after the 1989 Revolution, paving the way for a new era of Romanian music and inspiring generations of artists. Recognized for her ability to reinvent herself and create new trends, Loredana has greatly influenced the Romanian pop scene, becoming one of the most long-lived and beloved figures of our music. In addition to her outstanding vocal talent, Loredana also distinguished herself as a lyricist and composer, being the first Romanian artist who managed to write her own lyrics and produce her own albums, a standard rarely reached in the music industry.

The event will be sprinkled with emotional moments and a retrospective of an exceptional career, which crossed Romania’s borders and remained in the hearts of the public of all ages. A true landmark concert, which will celebrate an artist who continues to inspire with her unmistakable talent and her invaluable contribution to Romanian musical culture.

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NIRO Investment S.A. awarded at the National Top of Companies 2024

NIRO Investment S.A. obtained the 2nd place in the Large Enterprises category, Services field, in the prestigious National Top of Companies, XXXI edition, organized by the Chamber of Commerce and Industry of Romania. The gala event, dedicated to the best performing companies from various fields of activity, took place recently at the Romexpo Exhibition Center, pavilion B3.

The award was received by Christophe Chamboncel, Executive Director of NIRO Investment Group, and represents a validation of the sustained work and excellence constantly pursued within the company.

The National Top of Companies is the most valuable activity developed by the Chambers of Commerce to support the Romanian business environment, the only entities authorized by law to make such rankings. This initiative, continuing the tradition inaugurated in 1864, is dedicated to promoting excellence and recognizing success in business, emphasizing that success is the result of sustained effort.

We are honored to receive this distinction which motivates us to continue to reach new standards of excellence and contribute to the growth of the business environment in Romania. Thank you to everyone who supports us and contributes to our success!

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NIRO Investment S.A. – Double award for excellence at the Top Companies Gala in Bucharest

NIRO Investment S.A. was honored with two awards of excellence at the Top Companies Gala in Bucharest, within the XXXI edition of this landmark event for the economic environment of the Capital, organized by the Chamber of Commerce and Industry of the City of Bucharest (CCIB). At the awards ceremony, held in the Carol I Hall of the CCIB Palace, managers of the best performing Bucharest companies were present, together with prominent personalities from the socio-economic environment, government representatives, members of the local administration and non-governmental organizations.

NIRO Investment S.A. won 2nd place in the category Services – Large Enterprises and the Excellence Trophy, awarded to companies that managed to rank among the top three companies in Bucharest for five consecutive years. The awards were received by Mrs. Clitemnestra Bugheanu-Gâdea, General Manager and President of the Board of Directors of NIRO Investment SA, and Mrs. Raluca Mihăescu, Image and Communication Director.

According to the methodology of the top, among the 169,495 companies with headquarters in Bucharest that submitted the balance sheet for the year 2023, 65,677 companies (38.7%) met the eligibility criteria, and 7,417 were awarded by the CCIB. These companies achieved a cumulative turnover of 133 billion euros, an operating profit of more than 13.6 billion euros and generated 553.5 thousand jobs.

The distinctions offered by CCIB confirm NIRO Investment S.A.’s commitment to excellence and its active role in supporting the sustainable economic development of Bucharest. We thank CCIB for this valuable recognition, which motivates us to continue our contribution with passion and responsibility to the evolution of the local business environment!

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Photo Exhibition Marking 75 Years of Diplomatic Relations Between Romania and the People’s Republic of China – at the Palace of Parliament

We were honored to participate earlier this week in the opening of the photo exhibition dedicated to the 75th anniversary of diplomatic relations between Romania and the People’s Republic of China. The event took place at the Palace of Parliament and was organized by the Embassy of China in Romania, the Foreign Affairs Committee of the Chamber of Deputies, and the Parliamentary Friendship Group with the People’s Republic of China.

On behalf of NIRO Investment Group, Raluca Mihaescu, Image and Communication Director, and Valentin Macovescu, Director of Protocol, participated in this event.

This exhibition is part of a broader series of initiatives aimed at celebrating and strengthening the bilateral relations between the two nations. The exhibition offers a visual retrospective of key moments in the Romanian-Chinese partnership, captured in photographs that illustrate not only diplomatic relations but also the economic, cultural, and social collaborations that have taken place over the decades.

His Excellency Mr. Han Chunlin, Ambassador of the People’s Republic of China to Romania, opened the event with a speech that emphasized the strategic and symbolic importance of the relationship between Romania and China. He highlighted the ways in which the two countries have collaborated in various fields, fostering economic and cultural development, as well as people-to-people exchanges.

The organization of this exhibition on the occasion of the 75th anniversary of the founding of the People’s Republic of China and the establishment of bilateral diplomatic relations between China and Romania holds special significance. It represents not only a historical commemoration but also an opportunity to look towards the future, to the strengthening of a bridge for cultural exchanges and mutual learning between the two civilizations. In this context, photography is more than just an artistic medium; it is a tool that brings people closer and strengthens the friendship between them. NIRO Investment Group, an active supporter of international collaborations, is proud to participate in this significant event and contribute to strengthening the economic and cultural ties between Romania and China. Our long-term partnership with institutions in China reflects our commitment to supporting initiatives that promote understanding and cooperation between nations.

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NIRO Investment Group at the First China-Romania Business Round Table

NIRO Investment Group participated in the First China-Romania Business Round Table, organized at the Parliament Palace. The event brought together representatives from the diplomatic and business environment, with the aim of exploring new opportunities for collaboration between the two countries.

NIRO Investment Group representatives present at the event were:

– Clitemnestra Bugheanu Gâdea, President of the Board of Directors

– Mihaela Istrate, Executive Director

– Ecaterina Vanea, Director General of the Romanian-Chinese House

– Valentin Macovescu, Director of Communication, Image and Protocol

The discussions were aimed at strengthening the economic relations between Romania and China, in an open and constructive framework. Participation in this strategic event underlines NIRO’s commitment to strengthening bilateral economic relations and exploring new investment opportunities. The company aims to play an active role in the development of Sino-Romanian partnerships, contributing to the sustainable economic growth of both countries.

Economic cooperation between the two countries has the potential to bring significant benefits to both sides, creating opportunities for investment and development. Open dialogue and close collaboration help strengthen trade relationships and support innovation and long-term economic growth.

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Niro Investment Group awarded the business champions at the Capital Elite Companies Gala

Niro Investment Group partnered with the Capital Elite Companies Gala, a prestigious and traditional event of the Romanian business community, organized by Capital business magazine.

The ceremony celebrating the elite companies that stood out through their performance in business, thus contributing to the development of the Romanian economy, was attended by representatives of the awarded companies, as well as by leaders from various business sectors that have been included in the Capital Top 300 Companies yearbook.

Valentin Macovescu, communications director of Niro Investment Group, handed the awards for the champions of the Logistics category to the representatives of the Romanian Post, Alexander International Holding and the Aquila company.

I would like to thank Capital magazine for inviting us. I represent Niro Investment Group, a company with almost 30 years of expertise in investments, real estate development and asset management, with a portfolio that includes shopping and logistics centers, office buildings and residential projects. In recent years, Niro focused on the hospitality industry, developing several  large-scale projects that will bring for the first time to Romania luxury hotel brands such as Corinthia and Swissotel, or which will put Romania on the map of international luxury tourism, with the first Romanian hotel project developed abroad, in the Maldives“, Valentin Macovescu said.

The ceremony was also attended by Raluca Mihăescu, Portfolio Hospitality Manager, Ana Olteanu, Project Management Director and Șerban Dimitriu, Investment Manager, Niro Investment Group

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Niro Investment Group, main partner of the ZF Malls and Shopping Centers 2022 conference

Niro Investment Group was a main partner of the ZF Malls and Shopping Centers 2022 conference, organized by Ziarul Financiar at the Radisson Blu Hotel in Bucharest.

A landmark event of the real estate industry, the conference brought together real estate developers, shopping center owners, experts in the field and other representatives of the business environment. Every year, the ZF Malls and Shopping Centers conference provides an accurate x-ray of the modern retail and shopping centers market, capturing the main developments and trends in the industry. This year’s edition focused on the revival of the traditional trade, after restrictions imposed by the pandemic have been lifted. In this context, the speakers discussed about the expansion plans in the sector, about new areas on which investments will focus on, as well as about the new trends in consumer retail services.

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Anca Simionescu, the new General Manager of Niro Investment Group

Niro Investment Group, one of the main business groups in Romania, established in 1993 and specialized in investments and real estate asset management, announces the appointment of Anca Simionescu as General Manager, with the role of coordinating and developing the group’s investment projects both locally and internationaly.

With over 15 years of experience in the commercial and residential real estate investment market, asset management and business development, Anca Simionescu is a graduate of the Faculty of Robotics of the Polytechnic University of Bucharest and holds a master’s degree in the same field from Osaka University, as well as an MBA in real estate mergers and acquisitions from Harvard Business School. As a member of the management teams of companies such as Skanska Romania, Forte Partners and Lion’s Head, Anca Simionescu has successfully coordinated landmark real estate projects in Bucharest.

At the beginning of her career, Anca Simionescu was part of the Niro Investment Group team, coordinating the development of Central Residential Park, the first condominium residential real estate project in Romania and a symbol of modern Bucharest.

I am delighted to join again the Niro Investment Group team and contribute to consolidating the development stage the Group has recently stepped in, by extending its activities and investments both nationally and abroad. Thanks to the bold projects developed over three decades, the activity of Niro Investment Group has become synonymous with entrepreneurial success. Therefore, I will use every opportunity to ensure that we will maintain the demanding standards at the same high level in this new stage of transformation that the company is going through“, said Anca Simionescu, General Manager of Niro Investment Group.

From her new position, Anca Simionescu is responsible for shaping, implementing and developing the Niro Investment Group’s strategy on the local and international market, as well as for identifying new business opportunities and expansion areas for the Group’s activity.

Niro Investment Group is currently in a new development stage, which includes as well expansion to international markets. The Group’s first major international investment is the development of a luxury resort in the Maldives. This project complements the large-scale projects already underway in Romania, such as Corinthia Grand Hotel Boulevard Bucharest or Swissôtel Bucharest, two premium hotel brands brought for the first time in Romania by Niro Investment Group.

With 30 years of experience in real estate investments, development and management, Niro Investment Group has a portfolio of projects totaling 500,000 square meters built and investments worth over 400 million euros. The projects developed and managed by Niro Investment Group include the largest commercial hub in Southeast Europe – the Red Dragon, office buildings, residential projects and hotels.

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NIRO Investment Group supports the Foundation “Magazin Istoric”

The National Bank of Romania and the “Magazin istoric” Cultural Foundation organized on June 7-8, 2022, the XXXth edition of the annual Symposium on Banking History and Civilization “Cristian Popișteanu”. This year’s event had as its theme “Borders, institutions and gold in times of war” and brought to the public’s attention new information about the role of the NBR in the years of World War II, highlighting historical moments such as the transit through Romania of the stock of Bank of Poland gold or the evacuation operation of BNR headquarters in Bessarabia.

At the same time, the event marked the thirtieth anniversary of the first edition of the symposium, a period in which it contributed to the rediscovery of the Romanian banking tradition communist, as well as the financial education of the general public. The debates were moderated by Cristian Păunescu, adviser to the NBR governor. The event was broadcast live on our YouTube and Twitter accounts.

On the last day of the event, the representative of NIRO Investment Group, Ms. Ecaterina Vanea, presented the awards offered by the Cultural Foundation “Magazin Istoric” and supported by NIRO Investment Group, for the most important contributions of historical research in 2021.