In the heart of Bucharest’s Old City one of the neglected historical sites will come back to life. The Palace of the Princely Court is undergoing an 8 million euro restoration, at the initiative of the Bucharest City Hall. A modest location in the last years the medieval ruins will see a complex plan, also of reconstruction. At the end of works The Princely Court Museum will have spaces for permanent and temporary exhibitions, multifunctional areas for cultural events, offices, deposits, coffee houses and shops.

Big events in the North
The largest events centre of Bucharest will show up in the nothern area of the city, in the Green Paradise of Corbeanca suburb. This is an investment of about 10 million euro, set-up and run by ten local business people. Amongst them one can mention Cristian Țântareanu –the owner of the residential area Paradisul Verde, Dragos Petrescu – owner of City Grill chain of restaurants, Marian Alecu – former Country Manager McDonalds Romania, Daniel Mischie – CEO of City Grill, Radu Rasinar – General Director in SE Europe of the farmaceutical company AstraZeneca and President of Local American Working Group etc. The future complex will bring 8 halls with a total capacity of 2000 people, the smallest hall being of 100 seats and the largest one of 1200. There will also be 400 parking spaces.

Tulcea and #RowmaniaFEST celebrate!
The 8th edition of RowmaniaFEST – the emblematic event of the Romanian multiple world champion Ivan Patzaichin -, took place this year at the beginning of September, with a special planning and touch to celebrate the 100 years existence of the State of Romania. The Romania Centenary Fleet was launched in Tulcea and it is composed of six boats – each one of them simbolically representing the historical regions that „came home” 100 years ago: Basarabia (March 1918), Bucovina (November 1918), Dobrogea (November 1918), Transilvania, Moldova and Muntenia (1st of December 1918). The boats were built in Tulcea, at the Geneza workshop – a unique place left in România that keeps the craft of „ marangozeria” (the construction and remaking of traditional boats, specific for the Romanian Danube area).

Gheorghe Răcaru retires from Blue Air
Blue Air, the largest Romanian modern carrier, announced that the General Director Gheorghe Răcaru is leaving his position to pilot Marius Puiu. After 48 years dedicated to aviation, at 70, Gheorghe Răcaru decided to retire from the executive. He held this function since the foundation of Blue Air on 13th of December 2004, with a short break 2009-2013. “Running Blue Air has been my passion and a part of my identity for a long time. It has been a privilege for me to work with such a talented team. Today’s decision comes after few months of reflection. Me and Marius share the same vision regarding the future of the company” – said Răcaru. Little before this decision Blue Air – Airline Management Solutions S.R.L became Blue Air Aviation, changing its legal entity.

APEX ALLIANCE goes forward
After the opening of Hilton Garden Inn last year, the Lithuanian Company Apex Alliance has big plans for the hotel business in Bucharest. They recently bought, just next to the new Hilton, the building of the former bank Marmorosch Blank – intending to transform it in a new hotel. The Bank Marmorosch, Blank & Co, founded in 1848 by Iacob Marmorosch, has been the filter of all foreign western money coming to the economy of Romania for more than a century.

Meanwhile Apex Alliance is building in the North of Bucharest the first hotel affiliated to Courtyard by Marriott in Romania. The 4 starts unit will have 260 rooms and several conference halls. In addition the company is building a 120 rooms unit in the hear of the Old City, to be affiliated to the Moxy Hotels – also a Marriott brand. All the above projects are to come to life next year. The new investors are already thinking of other four hotels in Bucharest (to be operated under Marriot and Hilton Worldwide), while enlarging the budget by attracting new business people. Apex Alliance is controlled by Arunas Beleska and recently was joined by the founder of one of the largest groups of the Baltics – Mindaugas Bagdonavicius from Vilniaus Prekyba, followed by investors like the richest man in Lithuania – Nerijus Numavicius and his brother Vladas.
World Record with a Romanian Touch
A new world record in parachute jumping was established on the Korotich Airfield, Harkov Region (Ukrain) – in the free fall formations section. 57 parachute jumpers united in a 3 points formation. According to the specialists it is for the first time in the history of this sport that such a record is being established at the first jump.

Several women parachute jumpers from around the world have united to brake and establish new European and World records, this jump being just the beginning of this effort. Romania was reprezented by Andreea Piştea-Ionescu, from Romania’s Aeroclub, with over years experience in this sport.