About NIRO Hospitality

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

About NIRO

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.

About NIRO Public Diplomacy

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.

About NIRO Involvement in culture Public Diplomacy

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.

About NIRO Social

NIRO Investment Group joined children on their special day

With the support of NIRO Investment Group, DGASPC Sector 2 organized on June 1, in the Tei Amusement Park, a special event on the occasion of the International Children’s Day.

In a setting specific to the magical world of childhood, among special musical moments, skits, folk and sports dances, martial arts, gymnastics, children demonstrated their skills by participating in creative workshops. They competed in making wooden dolls, created bracelets and necklaces from beads, drew, painted and tried to dance and sing with the “actors” on stage. Thousands of balloons, cotton candy clouds, many smiles on the happy faces of dwarfs and adults brightly colored Children’s Day.

The representatives of NIRO Investment Group, Mrs. Mihaela Istrate and Mr. Ion Badea offered prizes to the children who participated in the creative competitions. For everyone, the Tei Amusement Park was a childhood scene on June 1st.

Together with the specialists of DGASPC Sector 2, “Inimi Deschise” Foundation, OMIS Association, Public Domain Administration Sector 2, Local Police Sector 2, Social Ambulance and the General Police Directorate of Bucharest were also involved in this event.

About NIRO Hospitality

Niro Investment Group, partner of the most important hospitality event this year – TopHotel Conference 2022

Niro Investment Group was partner in this year’s TopHotel Conference 2022, an industry benchmark event that looks at global trends and their impact on local hotel investment and development.

Held over two days, May 25 and 26, 2022, the conference provided a platform to debate the most important and current issues in the hospitality market: relaunching the hotel industry after two years of global pandemic, how local players prepare for this relaunch, the new hotel projects in 2022 and the prospects of business tourism.

As always, the conference brought together some of the most important representatives of the international and local hotel market, the tourism and leisure market as well as local authorities. The event was addressed to leaders, decision makers and professionals in the main segments of the hotel and hospitality industry: hotel owners and top managers, representatives of international hotel chains, general managers of travel agencies, investors, tourism consultants, representatives of financial institutions , bloggers and journalists.

Throughout the event, the current challenges and business opportunities of the industry were debated in the context of current trends, highlighting the most interesting investments and ongoing hotel projects. During the interactive sessions of the event, the participants discovered the experiences of investors, took part in discussions about the power of authenticity in the hospitality industry and the development of touristic areas, while discovering useful information about the investments made and the motivation behind them.

The conference participants also discussed the recent performance of the hotel industry, focusing on the evolution of the local market, on investment opportunities in Romania and on new trends in digitalization in the hotel industry. Specialists in the tourism industry presented examples of good practices in the field and statistics on the positioning of the local market in the global tourism industry. Another topic discussed was the role played by local authorities in the development of this industry.

As a partner of the event, Niro Investment Group was represented by Alina Vladulescu, Deputy Head of Hospitality & Development, who moderated the panel “Current investments in hotels that connect with the needs of the post-pandemic travel trends”.

“As representatives of the tourism industry, we have always been involved in a permanent dialogue on the potential of the hospitality industry, the expectations of investors and the trends that shape the industry. After the pandemic, things changed significantly. We have changed, the teams have changed, the mentality of the investors has changed and the mentality of the guests who step in the hotels. It remains to be seen how the hotels will cope with these new post-pandemic expectations”, said Alina Vlădulescu during the session she moderated.

Raluca Mihăescu, Portfolio Hospitality Manager, Jean Pierre Mifsud, General Manager Corinthia Grand Hotel Boulevard Bucharest and Ana Maria Portnoi, General Manager – Business Hotels Investment, member of NIRO Investment Group, also participated in the event on behalf of Niro Investment Group.

Niro Investment Group has invested in several major hotel projects in recent years, such as the reopening of the Grand Hotel du Boulevard under the luxury brand Corinthia, the opening of the first Swissôtel in Romania, part of the Accor Group, one of the most important hotel groups in the world, as well as starting of an extensive project to build a luxury resort in the Maldives.

About NIRO Hospitality

Corinthia Grand Hotel Boulevard Bucharest, project developed by Niro Investment Group, is on track for completion

The Mock-Up Room has been completed and offers a first glimpse of the exclusive style, comfort and amenities of the international luxury brand Corinthia

Niro Investment Group announces the completion of the mock-up suite, an important step in the process of developing and completing a luxury hotel project.

Corinthia Grand Hotel Boulevard in Bucharest presents its signature suite that showcases the style and quality standards of the Corinthia brand and is the epitome of the amenities and finishes throughout the hotel that reflects the level of comfort to future hotel guests.

The „mock-up room” is a reference stage for the hotel project as a whole as it allows the visualisation of the concept: testing all the fittings, materials used, functionalities, quality of finishing, cleaning process and also making technical and aesthetic adjustments before they are replicated throughout the entire building.

Covering 120sqm, the Corinthia Grand Hotel Boulevard’s “mock-up room” is in fact, a luxury suite that includes a spacious bedroom with a dressing room and bathroom, a dining room, a living room and an office. Located on the corner at the intersection of Queen Elisabeth Boulevard and Calea Victoriei, the apartment offers a spectacular view of the old city center. It has been designed, furnished and finished to Corinthia standards of luxury, comfort and functionality. Sumptuous interiors, luxurious materials such as Calacatta marble, exquisite colours in shades of champagne and gold with accents of royal blue, and subtly stylised decorative elements inspired by the poem “Blue Flower” by Mihai Eminescu create a unique space that harmoniously combines comfort, elegance, and warmth.

The Corinthia Grand Hotel Boulevard is a unique project, a reinterpretation of luxury, whereby a historic building is  reborn to meet Corinthia  standards in comfort, excellence and elegance. Every detail of the signature suite have been meticulously thought out and implemented to give us a true picture of the style, comfort and amenities we want to apply to the entire hotel while ensuring that all the criteria of excellence of the international luxury brand Corinthia are met“, said Jean Pierre Mifsud, General Manager, Corinthia Grand Hotel Boulevard Bucharest.

The reopening of the Grand Hotel du Boulevard is one of our major projects in the hospitality industry, along with the opening of Swissotel in the northern part of Bucharest and, more recently, the start of a major project to build a luxury resort in the Maldives archipelago. We are proud to have Corinthia, one of the most exclusive and refined international brands in the luxury hotel industry, as our partner in this project. The opening of the first Corinthia hotel in Romania will be yet another first for Niro Investment Group, which in recent years has focused on strategic and innovative hospitality projects“, said Christophe Chamboncel, Head of Hospitality and Development, Niro Investment Group.

The Grand Hotel Boulevard will be the first luxury boutique hotel to open in Romania under the exclusive Corinthia brand. It will feature 30 luxurious suites, a Grand Ballroom with a historical charge, Bar lounge, Brasserie, spa, beauty salon and fitness room, florist as well as a bespoke meeting room. The hotel is designed both for business and leisure travelers or simply for those who want to spend quality time in an exceptional setting, unique in Romania.

Corinthia Grand Hotel du Boulevard Bucharest will operate in a building emblematic of the capital’s history and culture.

Built in 1867 by the architect Alexandru Orăscu and designed from the very beginning as a hotel, the Grand Hotel du Boulevard enjoyed exceptional facilities from the beginning, being the first hotel in the country to be electrically lit, with running water in the rooms and an elevator. Its remarkable architecture and facilities meeting the highest standards of comfort won it gold medals at the international exhibitions in Milan (1906) and Turin (1911).

A symbol of elegance and refinement, the Grand Hotel du Boulevard has always been a central point in the social, cultural and artistic life of high society in the capital and throughout Europe. The sumptuous Marble Hall was considered the capital’s most elegant social venue and has hosted art exhibitions, diplomatic meetings and receptions, gala dinners and balls of the aristocracy of the time.

The building is now undergoing an extensive renovation and refurbishment process in line with Corinthia hotels’ standards of luxury, functionality, comfort, and style, designed to restore at least its original splendour. The Corinthia du Grand Hotel du Boulevard thus follows in the tradition of Corinthia luxury hotels housed in restored historic 19th-century buildings such as the Corinthia London and Corinthia Budapest. In order to complete  the Corinthia Grand Hotel Boulevard Bucharest project, NIRO Investment Group has collaborated with local and international partners, such as: architects – GA Design, Architect Service, Open Architecture; designers – Tricon, Visual Energy, MCG, Allied Engineers; consultants – RBW, ADF, Astore, Beaufort, Vitalis; constructor – Alliance Properties;  operator – Corinthia.

About NIRO Public Diplomacy

Romanians developing Romania

Niro Investment Group participated in the Romanian Capital Forum – Romanians developing Romania, event that took place at the Parliament Palace, on the 17th of December.

High level representatives of public authorities, such as the Romanian Prime Minister Nicolae Ciucă and other government officials and representatives of some of the most important companies in Romania discussed present issues regarding the business environment.

NIRO Investment Group was represented by Andreea Mihai, Executive Director and Christophe Chamboncel, Head of Hospitality and Development, who presented the newest projects developed by the company.

About NIRO

Niro Investment Group brings to the stage of the Romanian Athenaeum the great music of the world, within the International Festival “Magic Summer”

For the third year in a row, Niro Investment Group is hosting the International Magic Summer Festival, one of the most important summer events dedicated to classical music. A landmark in the cultural landscape of Bucharest, the “Magic Summer” Festival has reached its tenth edition and takes place between July 7 and August 19, on Wednesday and Thursday evenings, from 7.30 pm, on the stage of the Romanian Athenaeum, under the title “Great Music of the World in Bucharest”, comprising 11 extraordinary concerts, where the public will be able to enjoy renowned works from the national and international repertoire. Present at the launch event Mr. Zsolt Nagy, a Board Member of Niro Investment Group, said:

“It is a pleasure and an honor to be the main partners for the “Magic Summer” Festival 2021, a special edition that physically brings together world-renowned artists and lovers of classical music under the dome of the Romanian Athenaeum. The pandemic showed us how quickly our lives and habits can change. This difficult context, restricting business, events and public activities, has left its mark on each of us. Niro Investment Group has been sponsoring artists and cultural events during the difficult period of 2020 and it is a real joy to continue this partnership by supporting vibrant artistic moments that promote authentic talent and values.”

This year, the International Festival “Magic Summer” organized by Lanto Communication takes place under the theme “Great Music of the World in Bucharest” and brings on the big stage of the Athenaeum famous artists and soloists, such as: Elena Moşuc (soprano), Elisabeth Leonskajav (piano), Alexandru Tomescu (violin), David Lefevre (violin), Edouard Sapey Triomphe (cello), Andrey Yaroshinsky (piano), Sânziana Mircea (piano) and Mădălina Paşol (piano). The Romanian Chamber Orchestra, conducted by Cristian Măcelaru, the Royal Chamber Orchestra, conducted by Constantin Grigore, the Croitoru String Virtuosi Orchestra – soloists Simina and Gabriel Croitoru – violin, Wave Quartet, and the PlaCello Ensemble will also perform.

About NIRO Involvement in culture


Niro is a partner of the Nocturnes of Contemporary Poetry project organized by the non-profit association ARCEN and held in Bucharest, between July 31 and September 5.

The festival offers to those passionate about urban culture a unique series of events dedicated to contemporary poetry, which takes place during the summer on the most central roof in Bucharest – the terrace of the Magheru One block.

These cultural initiatives are extremely important for the city – through culture and art we keep our spirit alive, we benefit from what it means to have quality recreation, we get closer to our loved ones by sharing common passions and we take the pulse of the city that goes on. Our company is supporting artists and associations that are currently reinventing themselves and making a huge effort to provide a constructive context in which the creative spirit can manifest itself, ”said Zsolt Nagy, CEO of Niro.

Under the slogan – We cannot be healthy, if we are not happy, the series of events offers a unique experience for the city: outdoors reading, night, experimental scenery, and selection of songs by DJs who climb with poets and audiences above the city means living in a special state of mind that supports creativity.

The sixth edition of the event started on Friday, July 31, 2020, starting with 19.00, on the terrace of the Magheru One block in Bucharest.

This year’s edition brings to the public the largest selection of established writers and poets, premiere readings from unpublished volumes and dialogues between poets moderated by Răzvan Ţupa. The nineteen writers who will be present at this year’s Nocturnes are: Florin Iaru, Radu Niţescu, Mina Decu, Răzvan Andrei, Gelu Diaconu, Miruna Vlada, Mitoş Micleuşanu, Claudiu Komartin, Teona Galgoţiu, Ionel Ciupureanu, Răzvan Dupuna, Te , Simona Popescu, Mihok Tamas, Andrei Dosa, Ştefan Manasia, Sorin Gherguţ, Adela Greceanu and Anastasia Gavrilovici.

For more information about the event, visit:


Event link: