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Economic
Tourism : Maltese Corinthia luxury hotel chain to enter Romania
Tuesday, March 27, 2018
Grand Hotel du Boulevard will be transformed into a luxury hotel, Maltese Corinthia chain affiliated, romaniajournal.ro reads. According to profit.ro, Grand Hotel du Boulevard administrators would already signed a franchise contract. Located in central area of Bucharest and ...
Lithuania's richest man Numavicius, with partners, investing in Romanian hotels
Tuesday, March 27, 2018
Lithuania's richest man Nerijus Numavicius, together with his brother Vladas and Mindaugas Bagdonavicius, a former shareholder of the Vilniaus Prekyba (VP) Group, are investing in a hotel business in Romania, baltictimes.com reports. The team will also include Arunas Beleska, a former owner of the Europa hotel chain who now controls the hotel management company Appex Alliance. Augustinas Barauskas, CEO of Appex Alliance, ...
Tourism : Borsa, Dambovicioara, Mamaia Nord area, Padina Cave area become tourist resorts of national interest
Tuesday, March 20, 2018
The towns of Borsa (Maramures County) and Dambovicioara (Arges County), along with the Mamaia Nord - Navodari (Constanta County) and the Padina Cave area in Moroeni (Dambovita County) have been created tourist resorts of national interest under a government decision advocated by the Ministry of Tourism at a government meeting on Thursday.According to a press statement released by the Ministry of Tourism, the decision also turns into tourist resorts of local ...
In 2017, the non-resident tourists arrived in Romania spent on average 2183.3 lei/person
Tuesday, March 20, 2018
In Q IV 2017, the total number of non-residents in collective tourist accommodation structures was 584.0 thousands and their total expenditure amounted to 1326.0 million lei. In 2017, the total number of non-residents in collective tourist accommodation structures was 2749.5 thousands and their total expenditure amounted to 6002.9 million lei. As many as 2.749 million ...
Trade: Romanians, European consumers with fewest online purchases
Tuesday, March 20, 2018
Romanians are European consumers with fewest online purchases and almost the last who access music, video materials, banking and video services on demand, but are also the citizens for whom the state allocates the least money for information as consumers - 0.01 bani to educate a consumer, said Costel Staicu, the president of Pro Consumer Association (APC). According to the annual index calculated by the European Commission, which includes indicators of ...
Infrastructure: Suceava: Additional flights to London, Rome, Milan and Bucharest from “Stefan cel Mare” Airport
Tuesday, March 20, 2018
Additional flights to London, Rome, Milan and Bucharest from “Stefan cel Mare” Airport will be introduced, said Gheorghe Flutur, the chairman of Suceava County Council at a press conference. “There will be flights to London every day. Flights to Rome will increase from two to three and to Milan from three to four flights a week and to 5 flights as of June 21, 2018. All these are valid as of March 25, ...
EC asks for clarifications about Bucharest-airport subway line
Tuesday, March 20, 2018
The European Commission (EC) has asked in a letter for clarifications about the planned subway line that is to link Bucharest to the Otopeni airport (Line 6), namely about the route chosen for this line and the cost, ...
Ryanair drops off the flights from Craiova airport
Tuesday, March 20, 2018
Ryanair, the largest low-cost carrier in Europe, has decided to reduce the flight operations in Romania during the winter schedule and renounces the routes from the provincial airports. Thus, after canceling the flights from Oradea airport and most of Timisoara routes, Ryanair will no ...
Telecom. IT : Romanians experienced higher average download speeds by over 4 pc in 2017
Tuesday, March 20, 2018
In the second half of 2017, Internet users in Romania experienced higher average download speeds, i.e. 115 Mbps for fixed internet and 20 Mbps for mobile Internet, according to the statistics on the fixed and mobile Internet service quality in Romania updated on Netograf.ro, a press release informs, romaniajournal.ro reads. In H2, the fixed internet download speeds were 5.5 percent higher nationwide, while mobile internet download speeds were higher by ...
Agriculture: Over 5,000 breeders and 188 suppliers registered in support program for Bazna and Mangalitza breeds
Tuesday, March 20, 2018
The support program for local pig breeds Mangalita and Bazna has attracted 5,094 breeders and 188 piglet suppliers, while processor demands have exceeded 5,000, according to data supplied by the Ministry of Agriculture and Rural development (MADR). Petre Daea, the minister or agriculture, said at a press conference, that the program would start in an area where piglets and breeders can be found. “Demand is very high. These ...
Cars: Romania, second largest car registration position in EU in first two months of 2018
Tuesday, March 20, 2018
Romania recorded the second largest increase of new car registrations in EU (33.6%), to 20,521 units, an advance 6 times higher than the EU one, of 5.8%, while Dacia car deliveries at EU level went up by 20.8%, to 79,203 units, conferring the Romanian brand a share of 3.3%. Over January-February 2017, 15,361 cars were registered in Romania. At EU level, mew car registrations went up by 5.8% to 2.37 million units, according to ...
In January 2018 , the turnover of the trade with motor vehicles decreased by 3.6%
Tuesday, March 20, 2018
Compared to the previous month, in January 2018 the turnover volume of the trade with motor vehicles and motorcycles decreased both as gross series by 21.5% and as adjusted series according to the number of working days and to seasonality by 3.6%. The turnover volume of the market services provided to the population decreased compared to the previous month both as gross series by 14.0% and as adjusted series according to the number of working days and to ...
Real Estate: The average price requested for apartments went up at national level,in February with 2.1%
Tuesday, March 20, 2018
The average price requested for new and old apartments for sale at national level in February increased up to a value of 1,197 euro/sqm being with 2.1% higher than the one valid at the end of the previous month, 1,172 euro/sqm, shows an analysis made by a real estate site.The capital had by far the highest increase of the prices last month, a plus of 2.8% from 1,267 to 1,302 euro/sqm. The upwards trend was felt by moth segments on the ...
Barbu Vacarescu – Pipera, the Bucharest area where EUR 1 bn investments are planned…
Tuesday, March 20, 2018
Barbu Vacarescu – Pipera area has reached its potential and developers focused on other locations in Bucharest, romaniajournal.ro reads. According to an Bucharest Real Estate Club (BREC) analysis, the district is now entering a new development phase, transforming in a North Metropolitan hub of Capital. Specialists estimate that ”investments of more than EUR 1 billion in office, retail, residential & hotel schemes, together with a public ...
Dunwell, the first agency in Romania in industrial real estate, is launching
Tuesday, March 20, 2018
Here is Dunwell, the first agency in Romania that specializes in industrial real estate and land brokerage, romaniajournal.ro reports. According to Dunwell officials, agency’s goal for the first year is to achieve a market share of 10 percent. Marian Orzu, one of the most experienced in the industrial and logistics segment, is now part of Dunwell executive board as Managing Partner, alongside Daniel Cautis and Laurentiu Badea as ...
Healthcare: HealthMin Pintea: We need reform in the healthcare system; there are grants available to harmonize laws
Tuesday, March 13, 2018
Minister of Health Sorina Pintea on Monday told a press conference that there is need of reform in the field and she said she received a support message in this respect from the representatives of the World Health Organization (WHO)."We need reform in the healthcare system. I received today a message from the representatives of the WHO saying they are going to support this project," she said.Pintea specified that the Ministry's request for European ...
Agriculture: AFIR concludes over 2,100 funding contracts for investments in apiculture worth 47.86 million euro
Tuesday, March 13, 2018
The Agency for Rural Investment Funding (AFIR) concluded over 2,100 funding contracts related to investments in apiculture, under the 2014-2020 National Programme of Rural Development (PNDR 2020), the institution informed on Thursday.The overall value of the funding contracts is 47.86 million euros. So far, the AFIR paid 35.5 million euro to beneficiaries of apiculture projects."Although there is a thematic Programme for this sector, the Apiculture ...
The quantity of cow’s milk collected by processing units in January 2018 up 12.4% from January 2017
Tuesday, March 13, 2018
- The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in January 2018 increased by 4.4% compared to December 2017 and was up 12.4% from January 2017. Romania imported a quantity of 17,083 tonnes of raw milk in January 2018, up by 17.2% from January 2017 and by 10.5% more than in December, according to the data released on Monday by the National Institute of Statistics ...
Trade: Food service market in Romania exceeded RON 7.2 bn in 2017
Tuesday, March 13, 2018
More than two-thirds (67 percent) of the Romanian food service market value was owned by Bucharest in 2017 with RON 4.89 billion, and almost half (46 percent) of the total market is represented by the standard restaurants, table bases segment, Hospitality Culture Research shows uoted by romaniajournal.ro. According to the survey, the total annual value of food service market in five of the largest cities in Romania amounted to RON 7.24 ...
Survey: Over 80% of Romanians go shopping at hypermarkets
Tuesday, March 13, 2018
Over eight in ten Romanians go shopping at the hypermarket and most of them take into consideration the price when deciding what products to buy, according to an online survey carried out by a local consultancy firm, romania-insider.com informs. Some 63% of the respondents said they buy local as well as international products. Food dominates the shopping chart, especially dairy products, vegetables and ...