RSS
Economic
Mihail Kogalniceanu International Airport records 40% more landings and take-offs in first ten months
Tuesday, December 5, 2017
Mihail Kogalniceanu International Airport, in Constanta, reported a 19% increase of overall passenger traffic in the first 10 months of the year, to 123,355 people, while aircraft movements went up by 40% compared to the same period of 2016, the company announced. 670 tons of goods were transported over January-October 2017. At the same time the airport recorded increases in October. “In these conditions, the company ...
Blue Air considering routes from Bucharest to Tbilisi, Cairo
Tuesday, December 5, 2017
Romanian low-cost carrier Blue Air is considering the launch of two new routes from Bucharest in 2018, to Georgia's Tbilisi and Egypt's Cairo, the ministry of business, commerce and entrepreneurship said on Tuesday, seenews.com informs. Blue Air has expressed readiness to make the two new connections starting next year following a discussion with the ministry which plans to boost economic relations with the two countries. Ilan ...
Transport Ministry signed for 1.95 billion lei for the construction of 70 new kilometres of motorway on the Sebes-Turda segment
Tuesday, December 5, 2017
The Transport Ministry signed the funding application for the project worth 1.95 billion lei that provides for the construction of 70 new kilometres of motorway on the Sebes-Turda segment, financed through the 2014-2020 Transport Operational Programme, the relevant minister communicated in a press release. The application for funding initialled on Friday, 23 November 2017 aims to implement the construction project of the Sebes-Turda motorway - Phase II ...
EU backs Romania with 252 mln euro for road, water infrastructure projects
Tuesday, December 5, 2017
The European Commission said on Tuesday it is providing a total of 252 million euro ($301 million) to help Romania improve its road and water infrastructure, seenews.com informs. Some 76 million euro from the European Regional Development Fund will be invested in the works to be carried out on national road E79, which crosses the country, the European Commission said in a press release. The E79 road connects Romania with ...
Trade: Romania one of last European countries for commercial area density
Tuesday, December 5, 2017
Romania is one of the last European countries in point of commercial area density, with 104 square metres per 1,000 inhabitants, while Norway has the highest value, 921 sq.m, according to a specialised report. Romania had, by the end of the first semester, 2017, a modern retail stock of 3.56 million square metres. Commercial centres represent 57% of the total volume, with about 2.05 million sq.m. The rest is divided between retail parks (34%) and ...
Telecom.IT : Romania’s telecom players see growth avenue in IoT
Tuesday, November 28, 2017
The biggest players in the Romanian telecom sector see significant business potential in the implementation of Internet of Things technology for companies and the public, suggesting this trend will also boost the digitalization process of organizations, business-review.eu reads. “IoT has a big potential to grow in manufacturing, where a lot of processes can be automated as well as the transport and logistics sector,” said Marius Coman, IoT ...
16.6 million mobile broadband connections in Romania in H1 2017
Tuesday, November 28, 2017
There were 16.6 million mobile broadband connections in Romania in H1 2017, up 13 percent year-over-year, with the mobile internet coverage rate reaching 85 percent of the population, up nearly 10 percentage points from H1 2016, according to the latest report by the National Communications Administration and Regulation Authority (ANCOM). Total internet traffic through mobile broadband connections in Romania was 145,000 TB, double the size reported in H1 2016 ...
Cars: Romania's Jan-Oct new commercial vehicle registrations increase – ACEA
Tuesday, November 28, 2017
Registrations of new commercial vehicles in Romania rose by an annual 3.9% to 19,476 in the January-October period, the European Automobile Manufacturers' Association, ACEA, said on Thursday. In October alone, new commercial vehicle registrations in Romania rose 22% to 2,105 units, ACEA said in a statement, citing provisional data. Registrations of new light commercial vehicles of up to 3.5 tonnes rose 17% on the year to ...
Healthcare: Romania to double 2018 budget for TB prevention and control
Tuesday, November 28, 2017
Health Ministry plans to double the budget of the National Program for the Prevention, Oversight and Control of Tuberculosis, News.ro reported. The ministry want to allot over RON 41 million (EUR 8.8 million) to ensure access to diagnosis and treatment for patients with tuberculosis. It also plans to add nine International Nonproprietary Names (INN) medicines to the list of reimbursed and free medicines to treat tuberculosis. ...
Trade: Black Friday 2017: online transactions , more than 160 million lei
Tuesday, November 28, 2017
More than 260,000 online transactions were made in Romania on Black Friday 2017, worth more than 160 million lei, by 50 percent more than in the same period last year, shows data released by a provider of online payment services. At this year's Black Friday shopping bonanza, the golden minute struck between 7:03 and 7:04, with a record high of 922 deals per minute, by 84 percent more than last year. According to PayU payment processor, the ...
Infrastructure : Over EUR 5 billion within the Large Infrastructure Programme for Romania
Tuesday, November 28, 2017
Romania has over EUR 5 billion within the Large Infrastructure Programme, and yet to efficiently absorb this sum of money it needs a down-to-earth planning, a thorough preparation and an efficient implementation of the transport projects, the European Commissioner for Regional Policy, Corina Cretu said in Brussels on Wednesday, when meeting Romanian Transport Minister Felix Stroe. "In his capacity of former managing director of the Water Company Constanta, ...
Wizz Air to launch five new routes from Romania's Sibiu
Tuesday, November 28, 2017
Hungarian low-cost airline Wizz Air said on Monday that it will launch in June five new routes from Romania's central city of Sibiu - to Copenhagen, Charleroi, Paris, Basel and Frankfurt, in June, seenews.com informs. Wizz Air will fly from Sibiu to Copenhagen (Denmark), Charleroi (Belgium) and Paris (France) three times a week, the company said in a press release. Flights to Basel in Switzerland and Frankfurt in Germany will be ...
Tourism: Sinaia, prized at World Ski Awards as best ski resort in Romania
Tuesday, November 28, 2017
Sinaia won the trophy and status of best ski report in Romania at World Ski Awards, 2017 being the first year when Romania was included on the nominee list. According to a Tuesday press release issued by Sinaia Town Hall, World Ski Awards is the only global initiative which awards and promotes and excellency in winter tourism. The 5th edition of the event takes place in Kitzbuhel, Austria between 17 and 19 November. This year ...
Wine tourism promoted by the 8th edition of the "Franco-Romanian Meetings on Tourism" hosted by Buzau
Tuesday, November 28, 2017
Dozens of people on Friday participated in the 8th edition of the "Franco-Romanian Meetings on Tourism" hosted by the Culture and Arts Centre of Buzau that discussed wine tourism and landscaping. The French-Romanian meeting was attended by representatives of tourism and agriculture companies, cultural and educational organisations that manage or offer training courses in these areas. Attache with the French Institute in Romania Michel ...
Cars: Statistics: turnover volume of vehicles and motorcycles trade increased in the first nine months of 2017 by 11.7 percent
Tuesday, November 21, 2017
The turnover volume of vehicles and motorcycles trade increased in the first nine months of the year, compared to the similar period of 2016, both as gross series by 11.7 percent and as adjusted series according to the number of working days and seasonality by 12.9 percent, while the turnover volume of market services rendered to households increased in the reference period both as gross series by 14.1 percent and as adjusted series according to the number of working days and ...
New car registrations in Romania reached 88,805 units in October
Tuesday, November 21, 2017
The number of new car registrations in Romania reached 88,805 units in October, in the first ten months of 2017, up almost 17 percent from to the same period of the previous year, as evidenced by statistics with the Driving Licences and Vehicle Registration Directorate (DRPCIV).On the other hand, second-hand car registrations continued at a very high level, reaching 426,029 units, January through October, up nearly 70 percent from the first ten months of ...
APIA: new automotive sales were almost 11 percent up January – October 2017
Tuesday, November 21, 2017
Romania's new automotive sales were almost 11 percent up January - October this year from the same period of 2016, to 127,509 units; cars account for 83 percent or 105,857 units of total deliveries, shows data released on Friday by the Association of Automotive Manufacturers and Importers (APIA). In the reporting period, car sales increased 13.4 pct. Just like in previous years, domestic sales were mainly supported by automotive purchases by ...
Sales of electric vehicles, up 2.5 times in Romania
Tuesday, November 21, 2017
The sales of electric vehicles in Romania, including hybrid and 100% electric cars, exceeded 2,000 units in the first ten months of this year, up 148% over the same period last year, romania-insider.com informs. Some 296 of them were 100% electric cars, more than double compared to the same period in 2016. The share of eco vehicles in the total car sales reached 2% between January and October this ...
Tourism : New royalty system could destroy Romania’s spa tourism
Tuesday, November 21, 2017
Accommodation prices in Romania’s spa resorts could increase several times and the local spa tourism would be destroyed if the new royalties for concessions of mineral resources, oil and hydro minerals were approved in the form proposed by the Government, Nicu Radulescu, president of the employers’ organization of spa tourism in Romania (OPTBR), ...
Romania’s famous Ice Hotel, 60% booked before being built
Tuesday, November 21, 2017
Romania’s famous Ice Hotel, which is the only hotel of this kind in South-Eastern Europe, is already 60% booked even though its construction hasn’t started yet, romania-insider.com reads. The Hotel of Ice, which is located near Balea Lake in Fagaras Mountains, is being built every year from blocks of ice and snow. Its construction could start at the end of November, when the temperatures are ...