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Cars: Registration authority: 75,000 new cars registered over Jan - July 2018
Tuesday, August 28, 2018
Approximately 75,300 new cars were registered in Romania over January - July 2018, up 33 percent from the same period of 2017, while used car registrations over the same period dropped 6.87 percent to 274,195 units, shows data released by the Driving Licenses and Vehicle Registration Department (DRPCIV).According to the cited source, Dacia tops the brands' ranking by the number of registrations this July, with 4,808 units (+41.45 pct from July 2017), followed by ...
Car market in Romania, almost 24 percent rise, in first seven months
Tuesday, August 28, 2018
The total sales of new automobiles have gone up, during the first seven months of the year, by 23.8 percent, to 105,686 units, in comparison with the reference period of 2017, according to the Automotive Manufactures and Importers Association (APIA) data, published on Tuesday.Legal persons are the ones who support the auto sales in Romania (63 percent of total acquisitions of cars made during first 7 months), but also purchases made by individuals have gone ...
Eco cars sales double in Romania January-July, up to 2.5 pct of total market
Tuesday, August 28, 2018
Sales of eco-friendly cars have reached 2.5 per cent of the total market in January through July this year, which is a significant increase against the same period last year, with the total number of units sold 2,293, almost double compared with the reference interval, informs the Automotive Manufacturers and Importers Association (APIA).According to statistics, out of the total number of units sold in January-July, 1,754 units were plug-in hybrid cars (54.5 per ...
Tourism : Eurostat: Latvians, Romanians spend the least on their holidays in EU
Tuesday, August 28, 2018
On average in the EU, residents spent around 336 euros per holiday trip in 2016, with Latvians and Romanians having spent the least: 107.62 euros and 124.76 euros, respectively, according to data released by Eurostat on Monday.Luxembourgish residents spent the most per holiday trip (around 768 euros) in 2016, followed by residents of Malta (around 646 euros) and Austria (around 607 euros).According to Eurostat, Cypriot residents spent more on their ...
Demand for "Seaside for Everyone" programme up 140pct due to holiday tickets
Tuesday, August 28, 2018
The demand for sojourns that are part of the programme "Seaside for Everyone" carried out in September is higher by 140 per cent this year compared with last year, due to the holiday tickets, with the number of tourists increasing 2.5 folds, Lucia Morariu, head of one of the tour operators members of the National Association of Tour Operations (ANAT) said."The holiday tickets are, of course, the main factor that generated the growth in the number of seaside ...
Mercure Sibiu Airport to open in the first quarter of 2019
Tuesday, August 28, 2018
Orbis Hotel Group has announced the signing of a franchise agreement for a Mercure hotel in Sibiu that will launch in early 2019, http://business-review.eu informs. The hotel is situated near the airport and very close to the industrial zone of Sibiu. Following its renovation, the existing Ana Airport Hotel will join the international Mercure network in the first quarter of next year, offering 85 rooms, bar, ...
Real Estate: One United Properties buys EUR 18 mln land in Floreasca from Telekom Romania
Tuesday, August 28, 2018
Telekom Romania said that it sold a two land plots to real estate developer One United Properties in a deal worth more than EUR 18 million, http://business-review.eu informs. The two pieces of land located in Floreasca area cover 24,786 square meters and 1,053 sqm, respectively. The land has an opening of around 120 meters at Lake Floreasca. The land auction was launched in February 2018 ...
Agriculture: The unstable weather of this year reduces the production of honey by almost 30%
Tuesday, August 21, 2018
The unstable weather of this year reduces the honey production to 60-70% of what is produced in a good year with values of 25,000 – 27,000 tons, but the price of the honey will not grow,says the chairman of the Association of Beekeepers Romania (ACA) Ioan Fetea.‘It was an easy, warm winter which led to the increase of the consumption of food and as the temperatures are high the bees started their activity sooner. This meant some efforts and ...
Germany buys Romanian wheat due to severe crop drop
Tuesday, August 21, 2018
Germany, European Union’s second largest exporter, has begun to buy wheat from Romania as the winter wheat crop is expected to fall 20 percent on the year, according to traders cited by Reuters, http://business-review.eu informs. “Germany is usually one of the EU’s biggest wheat exporters but will swing to an importer this season especially for animal feed,” a German trader ...
Romanian company invents organic fertilizer in effervescent tablet form
Tuesday, August 21, 2018
A Romanian producer has invented an organic fertilizer that comes in the form of effervescent tablets using BioChain technology, http://business-review.eu reports. Initially, the product that may revolutionize organic agriculture will target markets in Romania, Spain and Croatia. The tablet was created in collaboration with researchers in the UK, Croatia, Hungary and Lithuania. The new product uses BioChain technology, which ...
Trade: Statistics: The wholesale turnover in June 2018
Tuesday, August 21, 2018
As against the previous month, in June 2018 the wholesale turnover (excluding the trade with motor vehicles and motorcycles), in nominal terms, decreased both as gross series by 2.0% and as adjusted series according to the number of working days and to ...
Eurostat: Romania has the third cheapest meat in EU
Tuesday, August 21, 2018
Romania recorded the third lowest price level of meat in the European Union in 2017, 40.8 percent below the European Union average, according to data released by Eurostat quoted by http://business-review.eu. The lowest meat prices were recorded in Poland, with 43.3 percent below the European average, and in Bulgaria with 41.8 percent below the EU ...
Romania in top 10 EU ice cream producers
Tuesday, August 21, 2018
Romania is currently the ninth ice cream producer in the European Union, with an annual production of 46.87 million litres, http://business-review.eu informs. Romania’s market, which, experts say, is underdeveloped and fragmented, due to the fact that 90 percent of consumption takes place in summer, is dominated by global ...
Real Estate: A new residential neighbourhood that can accommodate 120,000 people în Cluj-Napoca
Tuesday, August 21, 2018
The Cluj-Napoca City Hall is preparing to develop a new neighborhood in the city, in the Colonia Sopor area. Local authorities have decided on a 24-hectare area to become a giant residential zone with more than 120,000 inhabitants. Around 1,600 homes were built in the city during the first half of the year – the second highest building rate in the country after the Bucharest-Ilfov area. At the time of completion, the ...
Demand for industrial and logistics cut in half in H1 2018
Tuesday, August 21, 2018
At the end of H1 2018, demand for industrial & logistics spaces in Romania was of approximately 120,000 sqm, less than a half of the figures available for the first semester of 2017 of around 320,000 sqm, and represented mainly by net take-up, with very few renewals and renegotiations recorded. The decrease of the demand is probably caused by the slower growth of consumption, and the slower pace of developments of logistics projects, annalists ...
Residential market might reach nine million homes in 2018
Tuesday, August 21, 2018
In the last ten years in Romania around 500,000 homes were built, most of them – 67,255 – in 2008. In the recent past, after the economy recovered, 2017 was the year with the most homes built – around 53,300. Important changes have appeared in the structure of the housing market, including for aspects like the surface and the number of rooms. Even if the market grew, the comfort level offered, at least in terms of surface, dropped. ...
Infrastructure : Romania has 4,250 bridges, 717 of them are in a lower technical class
Tuesday, August 21, 2018
After several wagons of a freight train fell off a viaduct that broke apart in the town of Carcea in Dolj county, the National Company for Road Infrastructure Administration (CNAIR) said that of the 4,250 bridges on the Romanian National Roads network, only 37 are in technical class 5, and most of them are located on secondary roads, taken in the past by local authorities. Also, 680 bridges are in technical class 4 acording to ...
Tourism: Eurostat: tourist accommodation sector continues growing in terms of nights spent
Tuesday, August 21, 2018
Following an increase of 4.2 % in 2015, the number of nights spent in tourist accommodation in the EU continued to grow in 2016, by 3.0 %, reaching nearly 2.9 billion nights . These figures are published by Eurostat, the statistical office of the European Union. More than two out of three of these nights were spent in five Member States: Spain (16 %) , France (14 %), Italy (14 %), Germany (14 %) and ...
Apex Alliance invests EUR 90 million in four hotels in Bucharest
Tuesday, August 21, 2018
The Lithuanian Apex Alliance, which owns the Hilton Garden Inn in the old center of Bucharest, will invest EUR 9 million in another four hotels on the Romanian market. The hotels will be operate under brands like Marriot Internatioal Hotels and Hilton World Wide Hotels. The Lithuanians brings two new brands to the market, such as Moxy and Autograph, both in the Marriott portfolio. The four hotels ...
Cars: Ford EcoSport sales put Craiova’s SUV on fifth place in Europe
Tuesday, August 14, 2018
Ford EcoSport, the SUV produced in Craiova, has managed to surpass the sales of Opel Mokka, one of the few B segment SUVs that provide 4×4 traction and recorded sales of 11,845 units in June and more than 55,000 in the first six months, according to Jato Dynamics data, http://business-review.eu informs. The Craiova produced Ford SUV reached fifth place in the European B-SUV ...