Economic
Cars: 12,500 vehicles were registered in May in Romania
Tuesday, June 20, 2017
Approximately 12,500 vehicles were registered in May in Romania, up 25 percent from the same period of 2016, according to a press release of the Driving Licences and Car Registration Directorate ...
Healthcare: The ministry of health approved investments of 208 million lei for Antibiotice Iasi up to 2019
Tuesday, June 13, 2017
The representatives of the ministry of health in the general meeting of the shareholders of the company Antibiotice Iasi ( BVB symbol ATB), one of the most important Romanian producers of generic drugs, approved an investment of 207,6 million lei for the period 2017 – 2019, a report sent by the state company BVB shows. According to the report, the sums dedicated to other reserves of the profile of the years 2000 – 2015 with a total of 93.4 ...
Tourism: Turkish investors: Bucharest is a city break destination preferred by foreign tourists
Tuesday, June 13, 2017
Bucharest is a city break destination preferred by foreign tourists in the last two years, because it offers quality services and products at prices lower than other European states, but information lacks, there are few tourist information centres and there are not enough maps for orientation in the street, said Gulen Hashmi, the general manager of Tempo Hotel in Bucharest. He showed that most tourists come from Israel, Italy, Great Britain, Germany ...
Greek Minister of Sea Transport: Greece and Romania can benefit together from promoting medical tourism
Tuesday, June 13, 2017
Greece and Romania can benefit together from promoting medical tourism, said the Greek minister of sea transport and insular policies of Greece, Panayiotis Kouroumplis, at the conference devoted to medical tourism, recently organized in the island of Ithaca. The Greek official added that, in his opinion, regional collaboration in the field could contribute to improving diplomatic relations among Balkan countries. The Greek ...
Orbis Group to open Mercure hotel in Romania's Sighisoara at end-Q3
Tuesday, June 13, 2017
Polish-listed hotel group Orbis, the strategic partner of AccorHotels in Eastern Europe, said on Wednesday it will open a hotel in the central Romanian town of Sighisoara at the end of the third quarter, seenews.com informs. The hotel in Sighisoara, in Mures county, will be Orbis' first Mercure hotel outside capital Bucharest, the group said in a press release. Mercure is the non-standardized midscale brand of ...
Statistics: Tourist number this April up 11.5 pct
Tuesday, June 13, 2017
The number of tourists this April reached 808,700, up 11.5 pct YoY, the National Institute of Statistics (INS) said in Tuesday release. Romanian tourists accounted for 74.8 pct of the total, while foreign tourists accounted for 25.2 pct, just like in April 2016. Visitors from Europe accounted for the highest share of foreign tourists' ...
Cars: A new Duster model to be launched at the Frankfurt Motor Show
Tuesday, June 13, 2017
The Renault Group prepares to launch a new Duster model at the Frankfurt Motor Show, which is to take place in September, in the context in which the Romanian brand enjoys a great success abroad, CEO of Renault Romania Yves Caracatzanis told a press conference on Tuesday. "We will launch in Frankfurt the new generation that will replace the current Duster. It's not about a new line of cars, but about a new Duster and it's normal in the life of a car," he ...
Trade: In April 2017, the retail turnover increased by 4.8% compared to April 2016
Tuesday, June 13, 2017
Compared to the previous month, in April 2017 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased as gross series by 2.6% and decreased as ...
ARMO: Romanian e-commerce could double in value until 2020
Tuesday, June 13, 2017
The e-commerce market in Romania will exceed EUR 2.5 billion this year and this figure could double until 2020, says the Romanian Association of Online Stores from Romania (ARMO), quoted b y business-review.eu Out of the 28 members states of EU, Romania is on the last place on digitalization and the progress is rather slow. Romania had good growth perspectives in the following period due to the development measures of the communications infrastructure, ...
Luxembourg, Slovenia, Ireland, Slovakia and Romania recorded in April the most significant advance in EU retail trade
Tuesday, June 13, 2017
Luxembourg, Slovenia, Ireland, Slovakia and Romania recorded in April the most significant advance in the European Union retail trade as compared to the same period of 2016, according to data released on Tuesday by the European Statistics Office (Eurostat). In the euro area, retail trade grew by 2.5 pct year-on-year, while in the European Union there was an advance of 3 pct. Retail trade in the 28 EU countries was influenced by the fact that non-food sales ...
Notable increase of food imports in first two months of 2017
Tuesday, June 13, 2017
In the first two months of this year, Romania imported agro-food products worth 1.069 billion Euro; up 9.4% over the same period in 2016, freshplaza.com reads. At the same time, exports increased by only 1.2% during the period at hand, according to data provided by the National Institute of Statistics (NSI), at the request of News.ro. Cereals dominate the structure of exports, with over 311 million Euro and a volume totalling 1.4 million tonnes; up ...
Infrastructure : WIZZ AIR ANNOUNCES A NEW SUNNY ROUTE FROM TIMISOARA TO TEL AVIV
Tuesday, June 13, 2017
* TIMISOARA BECOMES THE FIFTH ROMANIAN AIRPORT WITH DIRECT FLIGHTS TO TEL AVIV Wizz Air, the largest low-cost airline in Central and Eastern Europe and Romania’s leading airline, announced last Tuesday a new route from Timisoara to sunny Tel Aviv, located on the coast of Israel, commencing on 30 October with two weekly frequencies, on Mondays and Fridays, a press release sent to ACTMedia informs. WIZZ passengers eager ...
Lufthansa to start flights from Frankfurt to Cluj, Timisoara
Tuesday, June 13, 2017
Lufthansa Group said on Tuesday it is including daily flights from Frankfurt to the Romanian airports of Cluj and Timisoara in its winter flight timetable from October 29, seenews.com informs. The two routes will be operated with an Embraer 190 aircraft, Lufthansa said in a statement. Flights to Cluj and Timisoara have already been offered successfully from Munich for several years, Lufthansa ...
Romania's Blue Air starts operating Valencia-Iasi route
Tuesday, June 13, 2017
Spanish airport operator Aena said that Romanian carrier Blue Air has launched regular flights connecting Valencia to Iasi, in eastern Romania, seenews.com informs. Blue Air will operate the route on Wednesdays and Sundays with a Boeing 737 aircraft, Aena, which operates Valencia airport, said in a statement on Sunday. Flights to five Romanian airports including Iasi are currently available from Valencia. Blue Air, Tarom ...
Telecom.IT : Telekom Romania to invest in 4G, reduce reliance on roaming
Tuesday, June 13, 2017
Telekom Romania will continue to invest in the expansion of its own LTE mobile network in areas with high data traffic in order to reduce its reliance on Orange's infrastructure, according to OTE CEO Michael Tsamaz cited by local paper Ziarul Financar, telecompaper.com reports. Tsamaz was speaking during a meeting with analysts and investors. Tsamaz said this approach allows the company to replace the expensive arrangements through which it has access ...
Real estate: C&W Echinox: Bucharest has 1.4 sq.m of offices per capita, half compared to Warsaw and Prague
Tuesday, June 13, 2017
Bucharest, with a stock of modern offices of 2.55 million square meters, has a density of 1.4 sq m per capita, half the level of Warsaw and Prague, cities where the density of modern offices exceeded the level of 3 sq.m/capita, according to an analysis made by the real estate consulting company C&W Echinox. In point of density, Bucharest is now at the level of secondary towns in Poland, such as Cracow, Wroclaw or Katowice, where the density of ...
New and old properties in Romania record increases in price indices in Q1
Tuesday, June 13, 2017
New and old properties in Romania record increases in price indices in Q1, according to the Eurobank Property Services Residential Indices, business-review.eu reports. Dunare & Black Sea Index recorded a 2.5 percent quarterly increase, while the indices for Muntenia, Moldova and South registered quarterly increases of 1.1 percent, 1.6 percent and 1 percent respectively. On a year-on-year basis, all divisions showed positive price ...
Agriculture: Romania had 2 million cows, 4.7 million pigs and 11.3 million sheep in December 2016
Tuesday, June 6, 2017
Animal stock of breeders in Romania dropped last year for almost all categories, except for sheep, which recorded an advance, according to data published by the National Statistics Institute . On December 1, 2016, there were 2.05 million cattle, 4.708 million pigs, 11.35 million sheep and goats and 75,69 million poultry. Compared to December 1, 2015, the number of cattle dropped by 2% (-42,700), pigs by 4.4% (-219,200) and ...
Petre Daea, minister of agriculture: We can irrigate 400,000 hectares
Tuesday, June 6, 2017
Petre Daea, the minister of agriculture recently declared in Timisoara that one of the objectives of the present government is to have 2 million hectares of irrigable land in Romania. About 400,000 ha can be irrigated at present. On the other hand, Petre Daea pointed out that he has in view the irrigation system in Romania- a project that has started for a few weeks. The government program has money for the project to rehabilitate 2 million ha of ...
In 2016, the forest area maintained almost the same level as that of the previous year
Tuesday, June 6, 2017
The total area of Romania's forests maintained in 2016, approximately at the same level compared to the previous year, recording an increase of 0.1 percent, while the volume of timber harvested diminished by 5.2 percent, the data of the National Institute of Statistics (INS) ...