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NewMoney.Talks Conference “New Economic Patriotism. What are we up to?”: Foreign investments and multinational companies, supported by Romanians

Last week, NewMoney.ro and Informat.ro, in partnership with the Concordia Employers’ Confederation, organized the NewMoney.Talks conference “New Economic Patriotism. What are we up to?”, an event dedicated to analyzing Romanians’ perception of the local economic environment.

During the conference, Remus Ștefureac, director of INSCOP Research, presented the results of an opinion poll showing that a large part of Romanians support attracting foreign investments to Romania, have a positive perception of multinational companies and believe that the presence of more state-owned companies could bring benefits to the national economy.

The event was attended by personalities from the economic and institutional environment, including Dragoș Anastasiu, honorary advisor to the interim president, Ilie Bolojan, and Cristian Popa, member of the Board of Directors of the National Bank of Romania.

NIRO Investment Group was represented at the conference by Valentin Macovescu, Director of Communication, Image and Protocol, and Radu Zencenco, Head of Hospitality.

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NIRO Investment Group, at the Capital Gala – Excellence in Management

This week, Capital magazine organized a new edition of the Capital Gala – Excellence in Management event, a landmark moment dedicated to recognizing performance in the Romanian business environment. The event is a tradition organized by Capital magazine and is dedicated to presenting and awarding managers in Romania with remarkable results and who manage to perform, regardless of the industry in which they operate or the department they lead. On this occasion, the managers included in the Capital Top 100 Managers – 2025 Edition were awarded, a ranking that reflects professionalism, adaptability and innovative spirit in various industries.

NIRO Investment Group was honored to participate in this traditional event, through the presence of Valentin Macovescu, Director of Communications, Image and Protocol, alongside representatives of the business environment and leaders from various economic sectors.

We congratulate the organizers for the initiative to celebrate excellence in management and wish success to all those who, through leadership and dedication, contribute to the development of the economic environment in Romania.

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NIRO Investment Group Announces the Official Inauguration of Corinthia Grand Hotel du Boulevard Bucharest

NIRO Investment Group marks a key milestone with the official inauguration of Corinthia Grand Hotel du Boulevard Bucharest, the culmination of an extensive and complex restoration project dedicated to preserving the architectural heritage of Romania’s capital. This iconic endeavor revives the grandeur of the Belle Époque, blending historic splendor with contemporary elegance to transform a landmark building into an international luxury destination.

Through a strategic partnership with Corinthia Hotels and the recognized expertise of this hospitality brand, NIRO Investment Group contributes to strengthening Bucharest’s status on the global luxury tourism map.

The restoration process was implemented in collaboration with renowned international partners. GA Design International crafted a unique interior design that brings the charm of the Belle Époque to life, while Open Architecture & Lifestyle ensured the preservation of original architectural details, seamlessly integrating modern structural elements. Vitalis Consulting oversaw each stage of the project, and Alliance Properties coordinated the complex renovation works, carefully honoring the building’s historical legacy.

Originally constructed in 1873 by architect Alexandru Orăscu, Grand Hotel du Boulevard was the first hotel in Bucharest to introduce innovative amenities such as electric lighting, running water, and an elevator, quickly becoming a symbol of refinement and luxury. Recognized for its unique architecture, the hotel earned gold medals at prestigious exhibitions in Milan and Turin. Over the decades, it welcomed members of royal families, international leaders, and cultural figures.

Today, after a meticulous restoration by NIRO Investment Group, Corinthia Grand Hotel du Boulevard Bucharest regains its prestige, offering guests an exclusive experience in its 30 elegant suites, which retain Belle Époque opulence while integrating modern technology.

With a prime location in the heart of the capital and exceptional facilities, Corinthia Grand Hotel du Boulevard Bucharest is set to attract business leaders, elite tourists, and international visitors. The reopening of the hotel reaffirms the commitment of NIRO Investment Group and Corinthia Hotels to excellence in hospitality and the expansion of their global footprint.

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NIRO Investment Group, present at the “Developing Romania” Forum

This week, NIRO Investment Group participated in the Developing Romania Forum, a landmark event organized by INTACT Media Group at the Palace of Parliament. Represented by Valentin Macovescu, NIRO Investment Group was part of a broad debate on the impact of new fiscal measures on the economy, investment challenges and the solutions needed to maintain a stable and competitive business climate.

The event brought together business leaders and representatives of the authorities, including Sebastian Burduja, Minister of Energy, Radu Oprea, Head of the Chancellery of the Prime Minister of Romania, Florian Antonie But, Secretary of State in the Ministry of Labor, Pavel-Casian Nițulescu, Secretary of State in the Ministry of Energy, Bende Sándor, Chairman of the Industry and Services Committee of the Chamber of Deputies, and Florin Cotoșman, President of the National Employment Agency.

Topics covered included tax increases and their effects on the business environment, solutions to the labor crisis, the impact of economic changes on investments, and the need for a stable and predictable legislative framework. The debates highlighted the importance of an open dialogue between the private sector and authorities to identify effective solutions that support economic growth and provide a favorable environment for investments.

NIRO Investment Group actively supports initiatives aimed at contributing to sustainable economic development and attracting long-term investments. With a solid portfolio of real estate and hospitality projects, the company continues to invest in sustainable development, generating value for communities and business partners.

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NIRO Investment Group at the Career Forum organized by the Anna de Noailles French High School

The Career Forum organized by the Anna de Noailles French High School in Bucharest offered students in the final grades the opportunity to explore various professional fields through direct dialogue with industry specialists. NIRO Investment Group was present at this event through its representatives, Christophe Chamboncel and Valentin Macovescu, who shared with the students their perspective on the hospitality sector and the opportunities it offers.

In a dynamic economic context, the hospitality industry is in continuous development, and the demand for qualified labor is increasing. Luxury hotels, conference centers and international resorts are constantly looking for dedicated professionals, capable of offering memorable experiences to their guests. In this regard, NIRO Investment Group is developing three major hotel projects – Corinthia Grand Hotel du Boulevard, Swissôtel and Corinthia Maldives – that will create multiple jobs and bring high standards to the hospitality industry in Romania and beyond its borders.

By participating in the Career Forum, NIRO Investment Group reaffirms its commitment to supporting the training of new generations of professionals. Students had the opportunity to learn more about the professional paths of the group’s specialists, about the skills needed to succeed in this field and about the challenges and satisfactions that a career in hospitality can bring.

Such initiatives are essential for guiding young people towards the professions of the future, contributing to the development of a well-prepared labor market adapted to international requirements. NIRO Investment Group will continue to support education and provide development opportunities for young people interested in the hospitality industry.

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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.