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The tourists’ overnight stays in the establishments of tourists’ reception in April 2018
Tuesday, June 12, 2018
• Compared to the corresponding month of the previous year, both the arrivals and the overnight stays in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 4.4 %, respectively by 1.1% in April 2018. • Compared to April 2017, in April 2018 customs registered a decrease in the arrivals of foreign visitors of 7.9 % and an increase of 0.1% in the departures abroad of ...
Cars: 75% of cars are more than 10 years old
Tuesday, June 12, 2018
In 2017 75.6% of registered cars were more than ten years old, while the number of accidents grew up to 2%, a study made by the National Statistics Institute shows. “The total number of registered cars, in the evidence of DRPCIV on December 31, 2017 was 7.6 million vehicles (7,635,775), 77.3% of which belonged to natural persons, cars representing 78.6% of total. 75.6% were more than ten years old,” the study ...
Real estate: Apartment price grows to 1,215 euro/sq.m in May, 1.5% more than in April
Tuesday, June 12, 2018
The average price for apartments sold in May at national level grew to 1,215 euro/sq.m, 1.5% over the level recorded in April , 1,197 euro/sq.m, according to an analysis made by a real estate website. The growing tendency was registered in all big regional centres of the country, both in the old and new market. In May, Iasi exceeded the 1,000 euro/sq.m threshold for the average price of apartments, thus joining the other large towns, including Craiova, ...
Office market in Bucharest needs new projects
Tuesday, June 12, 2018
The office segment in Bucharest will continue to grow at high speed, owing to the increase tendency of demand and a low occupancy rate of 8.4%, and the market needs new projects to develop further, the real estate consulting company CBRE announced on Thursday. CBRE estimates that the modern stock of office areas in Bucharest will be about 2.85 million square meters, by the end of June. “About 28,000 sq.m were delivered in ...
Nova Imobiliare invests EUR 30 mln in Bucharest’s Colosseum Mall
Tuesday, June 12, 2018
Colosseum Retail Park announces the construction of Colosseum Mall project, located in north-western area of Bucharest, and the expansion of the existing retail scheme, for EURO 30 million. The 16,500 square meters of new GLA as an extension of existing retail development, Colosseum Mall will include local and international fashion brands, fast food and dining restaurants, fitness centre, play areas for children, casino, lounge bar as well as an ...
VGP buys 23 ha for logistics park near Brasov
Tuesday, June 12, 2018
Belgian developer VGP bought in May a 23-hectare land plot near Brasov for an industrial park. The transaction, brokered by industrial real estate broker Dunwell, is one of the biggest land deals outside Bucharest in the last 5 years. VGP specializes in the acquisition, construction, leasing and administration of industrial and logistics real estate. The company owns two other properties in Romania: VGP Park ...
ANCPI : Nationwide real estate sales at 58,794 this May
Tuesday, June 12, 2018
The number of real estate sales in May this year was 58,794, with most such deals registered in Bucharest, Timis and Cluj, while Covasna, Salaj and Gorj were the counties with the least such sales, informs the National Cadastre and Property Advertising Agency (ANCPI). The number of real estate transactions in May this year is by 3,064 smaller compared to May 2017. Topping the ranking by the number of building sales this May are Bucharest - 7,833, Timis - ...
Trade: About 6 million Romanians with Internet access bought online at least once a month (study)
Tuesday, June 12, 2018
More than half of Romanians with Internet access, about 6 million users, made online purchases at least once a month last year, on the rise by 9% compared to the same period of 2016-2017, according to a study made by GPeC and iSense Solutions. While 53% of people with Internet access bought online a certain product, online purchases have become more popular for new categories of customers in the last 12 months. The highest increase, from 36% to 51% ...
Agriculture: Minister Daea: We have taken European funds of over 5.5billion euro in a year and a half
Tuesday, June 5, 2018
Romania took over 5.5billion euro from the European Union in a year and a half, European money which goes to the agriculture and is already in the country, stated recently the minister of agriculture Petre Daea at Antena 3. He mentioned that the European money go to agriculture to support the farmers, as well as for specific projects for the rural area. At mid-May the head of MADR said that Romania received this year reimbursement from the EU of 1.847 ...
Romania imports dairy products, eggs worth 84.8 million euros in first two months of 2018
Tuesday, June 5, 2018
Romania imported dairy products and eggs worth 84.8 million euros in the first two months of 2018, up by 4.1pct over the same period of last year, while exports increased by 25.2pct, to 21.4 million euros, according to the data centralized by the National Institute of Statistics (INS).Although the exports of dairy and egg products registered a significant advance in January and February 2018, the value recorded was almost four times lower than that of imports of ...
Romania posts record 27.1 mln tonnes cereals production in 2017
Tuesday, June 5, 2018
Romania registered in 2017 a record harvest of cereals of 27.1 million tonnes, up 25 percent compared to 2016, wheat production soaring to all time high of over 10 million tonnes, according to a report of National Institute of Statistics (INS), business-review.eu informs. “Cereals for grains with significant shares in the area ...
Infrastructure: Record traffic in Romanian airports in Q1 2018: passenger numbers rose 8.2 pct
Tuesday, June 5, 2018
Romanian airports posted a 8.2 percent increase in passenger numbers in the first quarter of this year, to 4.36 million, a record high due to international flights, while domestic passenger traffic declined, according to figures released by the National Institute of Statistics (INS) quoted by http://business-review.eu. Total passenger numbers on the 16 Romanian airports have increased from 4.02 million in Q1 2017 to 4.36 million in Q1 ...
European Commission to fund motorway to link Budapest to Romania
Tuesday, June 5, 2018
EUR 265 million from the Cohesion Fund is invested in the construction of a new section of the M4 motorway in Hungary, romaniajournal.ro informs. It will allow making the trip from Budapest to the Romanian border in less than 2 hours 40 minutes. By linking the two neighbour countries, this new Cohesion Policy project will boost regional and local economies and promote tourism, a release posted by the European Commission on Thursday reads. Commissioner ...
Real Estate: Cities in western Romania remain most attractive for warehouse rentals after Bucharest
Tuesday, June 5, 2018
In the first quarter of 2018, 73,000 square meters of modern industrial and logistic spaces were rented out, two thirds in Bucharest and the rest in western areas, business-review.eu reports. According to a study by Colliers International Romania, the most attractive ...
Healthcare: Gov't will add 19 more drugs to the list of subsidised and free medicines
Tuesday, June 5, 2018
The government will add 19 more entries to the list of subsidised or free medicines, Prime Minister Viorica Dancila announced on Thursday. "Another piece of good news is that we add 19 more entries to the list of subsidised or free medicines," Dancila said at the beginning of a government meeting. At the same time, she said that these drugs are needed "for the treatment of diseases such as AIDS, oncological diseases, but also for people who have undergone a ...
Infrastructure: "Avram Iancu" International Airport of Cluj reaches one million passangers in 2018
Tuesday, May 29, 2018
Cluj International Airport "Avram Iancu" marked, on Thursday evening one million passenger milestone in 2018, during a festive event.The millionth passenger is a young lady that was boarding, having Istanbul as a destination."It is a new record, for the first time we are celebrating one million passengers during the month of May. We have a growth of approximately 8 percent, we have new destinations, we are glad that the entire community is with us. We ...
Tarom to launch flights from Bucharest to Odessa, Baku, Tbilisi and Yerevan
Tuesday, May 29, 2018
Romania’s state-owned airline, Tarom, will launch flights this year from Bucharest to Odessa, Baku, Tbilisi and Yerevan, according to routesonline.com, http://business-review.eu informs. Tarom, a Skyteam member, filed preliminary info on its planned new service at the beginning of this week. The list of planned new service filed for later this ...
Healthcare: Cervical cancer kills 2,000 women in Romania, every year
Tuesday, May 29, 2018
Every year, cervical cancer kills 2,000 women in Romania, said Alexandru Rafila, the president of the Romanian Society of Microbiology after the meeting of the international Board for the prevention and control of HPV infections. “There is a 100% statistic correlation between cases of cervical cancer and papilloma virus infections. It was proven that all these cancer cases are produced by papilloma virus infections and other cancers with ...
Medicine and pharmaceutical exports in Jan - Feb 2018, 1.8 percent higher YoY
Tuesday, May 29, 2018
Romania's medicine and pharmaceutical exports in Jan - Feb 2018 amounted to 130.6 million euro, 1.8 percent higher YoY, shows data centralized by the National Institute for Statistics (INS).Imports of medical and pharmaceutical products in the same period stood at 441.4 million euro, by 6.1 percent higher YoY, resulting in a deficit of 310.8 million euro on this segment. FOB exports in the first two months of the year totaled 10.88 billion euro, ...
Real Estate: Daramis invests EUR 12 M in residential project in northern Bucharest
Tuesday, May 29, 2018
Czech-based group Daramis has invested EUR 12 million in the project Vita Bella Residence, located in a premium area in the North of Bucharest, a project to be concluded this summer. The company acquired a residential project at the end of 2017, invested in the modernization of the property and then put up for sale 183 apartments, in a re-development scheme. “We have carefully analyzed the local market before deciding to invest here. We have ...