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About Bucharest

Bucharest is the industrial and financial centre of Romania. It is the largest city in the country, situated in the southeast and is home to app. 2.6 million people. Romanian legend has it that the city was founded on the banks of the Dambovita River by a shepherd named Bucur, whose name literarily means "joy." 

In the 15th century, the princely court of Vlad Tepes (thought to have been the inspiration for Bram Stoker's Dracula) was established here and by the end of the 17th century, the city had become the capital of the province of Walachia. In 1862, Bucharest became the capital of Romania.

The city´s architecture is a mix of historical (neo-classical), interbellum (Bauhaus and Art Deco), Communist-era and modern. In the period between the two World Wars, the city was nicknamed the "Little Paris of the East". The city even has its own Arc de Triomphe.

Another remarkable building is Nicolae Ceausescu's Parliament Palace (formerly called the People's Palace), which with 350.000 square meter is the world's second largest building after the U.S. Pentagon. Although many buildings and districts in the historic centre were damaged or destroyed by war, earthquakes and the communist program of systematization, many survived.

Economically, the city is the most prosperous in Romania and is one of the main industrial centres and transportation hubs of Eastern Europe. It accounts for about 15% of the country´s GDP and about one-quarter of its industrial production, while being inhabited by only 9% of the country's population. The city's strong economic growth has revitalised infrastructure and led to the development of many shopping malls and modern residential towers and high-rise office buildings.


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