Economic
New registrations of passenger cars increased by 32.7% in the third quarter of 2017
Tuesday, November 7, 2017
The new registrations of road vehicles for passenger transport increased by 32.2% in the third quarter of 2017 compared to the third quarter of 2016. In the third quarter of 2017, the new registrations of vehicles for goods transport increased by 3.0% compared to the third quarter of the previous year. New registrations of passenger vehicles were 32.2 percent higher ...
Telecom.IT: Romanian Govt. will launch auction to sell 5G licenses next year
Tuesday, November 7, 2017
Romania’s Government will start next year the auction for selling 5G telecom licenses, as a way to increase budget revenues, reveals a document the Ministry of Finance has drafted this month, cited by ...
UPC Romania adds 34,000 RGUs in Q3
Tuesday, November 7, 2017
UPC Romania ended Q3 with 3.05 million homes passed, up by 46,700 compared to the previous quarter, telecompaper.com informs. The number of two-way homes passed grew by 47,300 to 3.008 million as a result of constant investments made in the expansion of its new digital network. Its total number of RGUs rose by 34,100 to 2.37 million. The total number of fixed-line customer relationships increased by 11,100 to 1.32 million. Video subscribers rose by ...
Infrastructure : Wizz Air launches new route from Timisoara to Tel Aviv
Tuesday, November 7, 2017
Hungarian low-cost airline Wizz Air said it launched on Friday a new route from Romania's western city of Timisoara to Tel Aviv in Israel, seenews.com informs.Wizz Air will fly from Timisoara twice a week, on Mondays and Fridays, the company said in a press release. This is the first Wizz Air route connecting Timisoara with a destination outside Europe. In mid-October, Wizz Air said it will start to fly to the Greek capital ...
Agriculture : Romania becomes a visible player among EU exporters of peas to the third countries
Tuesday, November 7, 2017
Over 2014-2017 sowing area of peas in EU grew up almost twice as a result of the new agreement on Common agricultural policy (CAP), which in particular fosters higher production of nitrogen-fixing crops and support of the protein crop sector. Those crops, which include dry pulses, protect the soil from erosion and improve soil organic matter. Previously, pea production in EU was dominated mainly by France, Germany and in recent years Lithuania. In ...
Tourism : Hilton opens Hampton hotel in Iasi
Tuesday, November 7, 2017
US hospitality chain Hilton opened on Tuesday a Hampton branded hotel in Romania's eastern city of Iasi, seenews.com informs. Hampton by Hilton Iasi, which opened on the premises of the former Europa hotel, features 15 stories and 117 rooms, Hilton said in a press release. The 4-star Europa hotel underwent full renovation for more than three years and was rebranded as Hilton Iasi.This is the second Hampton by Hilton hotel in Romania, after the ...
The tourists’ overnight stays in the establishments of tourists’ reception increased by 4.3% in September 2017
Tuesday, November 7, 2017
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’ ...
Infrastructure: Transport Ministry: 15 offers made for design and execution of sections 3, 4 of Craiova-Pitesti express road
Tuesday, October 31, 2017
Fifteen offers were made on Tuesday for the design and execution of sections 3 and 4 of Craiova - Pitesti express road, the Transport Ministry informs.Eight offers from six associations and two contractors were received for section 3: Alsim Alarko Sanayi Tesisleri ve Ticart Sa, AstaldiSpA-Tancard association, Erbasu Constructions- Vahostav SK- Trameco SA association, Impresa Pizzarotti & C SpA - Pizzarotti SA ...
CNAIR receives 8 offers for section 5 of Sibiu-Pitesti highway
Tuesday, October 31, 2017
The National Road Infrastructure Administration Company (CNAIR) announced on Friday that 8 offers had been received for the design and execution of section 5 of Sibiu-Pitesti highway, between Curtea de Arges and Pitesti (km 92+600 - 122+950), a project estimated at 1.83 billion lei. Sibiu-Pitesti highway is an important part of Pan European ...
Lufthansa records 8% passenger increase to and from Romania
Tuesday, October 31, 2017
The German airline company Lufthansa recorded an 8% increase of the number of passengers transported to and from Romania in the first seven months of the ongoing year, said Antonio Tassone, general manager of Lufthansa Group Romania, at a meeting with the press in Frankfurt. “This increase is due to ...
50 million euro for the rehabilitation of the North Road
Tuesday, October 31, 2017
Minister of European Funds Marius Nica signed on Friday a funding contract worth approximately 50 million euro for the rehabilitation of the North Road, in the presence of President of the Maramures County Council Gabriel Zetea, county counselors and MPs of ...
Romanian airline Blue Air and local travel agency launch direct flight to Georgia
Tuesday, October 31, 2017
Local travel agency Level Tour, owned by two Romanian investors, will launch the first direct flight between Romania and Georgia, in partnership with Romanian low-cost operator Blue Air, romania-insider.com informs. The flight will connect Bucharest to Tbilisi. The agency wants to propose Georgia as an alternative to the ski holidays in ...
Minister Stroe: at least 150 km of motorway will be ready for use next year
Tuesday, October 31, 2017
The Minister of Transport, Felix Stroe, on Tuesday stated, while visiting the Lugoj-Deva motorway constructions site, that at least 150 km of motorway will be ready for use next year, given that most of the bureaucratic problems were already solved, as he claimed. The Ministers looked dissatisfied with the delays discovered on the ...
Telecom.IT : Vodafone Romania launches Supernet 4.5G with speeds of up to 800Mbps
Tuesday, October 31, 2017
Vodafone Romania has launched Supernet 4.5G, which provides the telecom’s customers with enhanced optimization for video streaming, stronger built-in security and increased bandwidth. Supernet 4.5G is the first mobile network to demonstrate speeds in the range of 800Mbps on a commercially launched smartphone, business-review.eu ...
Cars: Romania's Jan-Sept new commercial vehicle registrations increase – ACEA
Tuesday, October 31, 2017
Registrations of new commercial vehicles in Romania rose by an annual 2% to 17,371 in January-September, the European Automobile Manufacturers' Association, ACEA, said on Tuesday quoted by seenews.com. In September alone, new commercial vehicle registrations in Romania fell 6.2% to 2,038 units, ACEA said in a statement, citing ...
Agriculture : Iohannis: Romania can become force in agriculture but must make up for delays
Tuesday, October 31, 2017
President Klaus Iohannis said on Thursday, at Indagra agricultural trade fair, that Romania has a huge potential in agriculture, but he added that it needs to be capitalised upon intelligently and sustainably. "I have all the conviction that Romania has a huge potential in agriculture, which we must ...
Romania, one of only four EU states with higher wine production in 2017
Tuesday, October 31, 2017
The world wine production is expected to drop by 8.2% in 2017 compared to last year, to 246.7 millions of hectoliters (mhl), according to initial estimations of the International Organisation of Vine and Wine (OIV), romania-insider.com ...
Real Estate: The demand for office space in Bucharest, at a record level in Q3, CBRE shows
Tuesday, October 31, 2017
About 49 percent of the total leasing activity (TLA) in Q3 was represented by new demand, a record high for the local office market, CBRE data reveals quoted by romaniajournal.ro. This is also a record for the past years, this because new demand is about 20-25 percent on quarterly analysis. TLA in the July – September period amounted ...
Demand for industrial and logistics property reached 456,000 square meters in the first nine months of 2017
Tuesday, October 31, 2017
Demand for industrial and logistics property reached 456,000 square meters in the first nine months of 2017, a figure close to the 2016 all-year demand of 463,000 square meters, shows a survey by a real estate consultancy firm .The new demand accounts for over 70 percent of the traded area, specifically 330,000 sqm (new contracts, pre-lease contracts). The share of new demand ...
Prices for old apartments are close, even higher than those for homes built in recent years
Tuesday, October 31, 2017
Asking prices for old apartments are close and, in certain cases, even higher than those for homes built in recent years, reveals a survey by real estate portal Imobiliare.ro. This may have several causes, including the less favorable location of new blocks compared to older ones (even in the boundaries of the same area), the pressure put on ...