I've been there several times and quite like the place.
Old style of rich decorations, large room and some balconies where you can have a more private lunch/ dinner.
They have several ballrooms, where they organize various events, like weddings, etc., all nicely decorated, although, here and there, a bit of renewal would improve a lot.
The place is located in a very central area of Bucharest and offers an interesting location for a lunch or evening dinner for both locals and expats.
The cuisine is mainly traditional, though nothing special. Waiters, are not like the ones in a fancy restaurants, but they are doing the job quite well and prices are quite OK, especially comparing to many other places around.
All in all, is an enjoyable place and sure enough, for someone willing to visit Bucharest, this should be on the "must see" list.
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