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Economic

Agriculture : Austrian company Holzindustrie Schweighofer: an action plan for a sustainable wood industry

Tuesday, March 7, 2017

The Austrian group Holzindustrie Schweighofer fights against illegal tree felling with an action plan for a sustainable wood industry and makes the best to prevent illegal felling in Romania, despite the fact the company has no forest exploitation operations, the company says in a press release. At the same time, the Austrian company points out that a constructive dialogue with NGOs and other organizations interested remains the main objective of ...

Farmers will be eligible for state guarantees of up to 80 pct for the purchase of land

Tuesday, March 7, 2017

Romanian farmers will be eligible for state guarantees of up to 80 pct for the purchase of land, as well as for reduced interest and guarantee fees, according to the legislative changes planned for 2017 aimed at improving the Romanian farmers' access to ...

Tourism : Lido Hotel in Bucharest will reopen in the Fall

Tuesday, March 7, 2017

Lido Hotel, one of the historic hotels in Bucharest, will be reopened in the Fall, this year by businessman Muhammad Murad, who leased the hotel for 15 years, will invest over 5 million euros and will affiliate it to the hotel chain controlled by Donald Trump, Profit.ro informs. Lido Hotel, located in the centre of Bucharest on Magheru Boulevard, closed in 2010, when it was taken over by the former owner’s descendants. The ...

THE TOURISTS’ OVERNIGHT STAYS IN THE ESTABLISHMENTS OF TOURISTS’ RECEPTION INCREASED BY 8.5% IN JANUARY

Tuesday, March 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’ accommodation increased by 13.4 % and by 8.5%, respectively, in January ...

Romanian seaside tourist season to start this year on April 15

Tuesday, March 7, 2017

The Romanian seaside tourist season will start as early as April 15, with the Easter Feast, and some 40,000 tourists are expected at the seaside and the Danube Delta in the weekend April 27 - May 1, president of the Seaside - Danube Delta Association Corina Martin said on ...

Infrastructure : Tender for runway of future Brasov-Ghimbav International Airport

Tuesday, March 7, 2017

Brasov County Council announced the opening of a tender for the technical project of the runway for the future Brasov-Ghimbav International Airport, with an estimated value of over 850,000 lei, without VAT. The tender opened on February 22 for the technical project of “Alfa runway”, boarding platform and expansion of sewerage and draining networks for the runway, with an estimated value of 856,473 lei, without ...

Memorandul signed on a new high speed road way between Timisoara and Pancevo

Tuesday, March 7, 2017

The Government approved on Thursday a memorandum on the negotiation and signing of a cooperation protocol between Romania and Serbia for implementing the feasibility study referring to planning and designing a new high speed road way between Timisoara and ...

Telecom. IT : 1,148 villages and small towns with no access to high speed Internet

Tuesday, March 7, 2017

On Friday, ANCOM presented for public consultation a list of 1,148 localities (villages and small towns up to 20,000 inhabitants) to establish how many of them are not covered by high speed broad band electronic communication networks. Following the analysis made public intervention measures (network construction/modernization) will be implemented in localities without communication networks, with a view to supplying high speed broad band communication ...

53 pct pf Romanians were using a smartphone at the end of 2016

Tuesday, March 7, 2017

 More than half of Romanians (53 pct) were using a smartphone at the end of last year, the equivalent of a four-time increase against the interval 2012-2016, show the results of a study ordered by Google, released on ...

Tourism : Authorities invest EUR 8.4 mln in Romania’s Ocna Mures spa resort

Tuesday, February 28, 2017

 Local authorities in Ocna Mures, a town in central Romania known for its salt waters, plan to invest over EUR 8.4 million in a spa resort with health centers, rehabilitation, beauty and leisure centers, Romania-Insider reported.The new spa treatment and recreation base should be able to receive tourists starting 2020, reports local Mediafax.The resort will include its own spa treatment base with treatment rooms, swimming pools, medical ...

Bibi Touring forecasts 25 pct turnover growth in 2017 at group level

Tuesday, February 28, 2017

Bibi Touring forecasts a growth of 25 percent in turnover this year at group level, and on some business directions (balneo, plane tickets, the Danube Delta, the Romanian city breaks), of up to 50 percent, the general director of the company told BR, business-review.eu reads. All the projections are estimated taking in account the economic predictability, including the Government’s promise regarding the offering of holiday vouchers, according to ...

Real Estate: Regatta: over 90% of the Romanians interested in residence prefer to look on the internet

Tuesday, February 28, 2017

Over 90% of the Romanians who look for a house or an apartment choose the online medium to inform on the properties available on the market, according to the statistics of the real estate agency with Romanian capital Regatta Real Estate, which shows that in the last two years almost all the requests recorded by the company came on the internet. it is vital. In the latest years, the share of the requests coming from the internet grew substantially, with ...

Globalworth to pay 42.5 mln euro for warehouse in Romania

Tuesday, February 28, 2017

London-listed Globalworth Real Estate Investment Ltd, a company targeting opportunities in Romania, said on Wednesday it will pay 42.5 million euro ($44.5 million) for a warehouse currently leased to Romanian automobile maker Dacia, seenews.com reports. "Closing of the transaction is subject to customary conditions precedent, including clearance from the Romanian Competition Council and approval from the property's existing lender," Globalworth said in ...

Trade: Romanians like to shop, but 35 pct of them feel more time pressure compared to other Europeans

Tuesday, February 28, 2017

Eastern Europeans like to shop, especially Romanians, with nine out of ten shoppers agree with this statement, according to study by GfK, business-review.eu informs. In the Czech Republic, Slovakia and Austria, seven in ten respondents consider shopping as being pleasant, while in Bulgaria only half of the shoppers say the same thing. In Romania, people like to shop, but feel more the time pressure than other countries. In ...

Infrastructure: Wizz Air to launch route to Treviso from Romania's Suceava in March

Tuesday, February 28, 2017

Hungarian low-cost airline Wizz Air said on Monday it will start flying from Romania's northern city of Suceava to Italy's Treviso as of March 18, seenews.com informs. The new route will be operated twice a week, on Tuesdays and Saturdays, until March 27, the air carrier said in a statement. Following this date, the flight will be operated on Mondays and Fridays. Currently, Wizz Air flies from Suceava to Milan, Bologna, and Rome ...

Ryanair to launch route to London from Romania's Oradea starting October

Tuesday, February 28, 2017

Irish low-cost air carrier Ryanair said on Friday it will launch a new route from Romania's northwestern city of Oradea to London as of October. The airline will operate three flights per week on the route, it said in a press release. Starting in March, Ryanair will launch its first two routes from Oradea - to Spain's Barcelona and Italy's Milan, as well as a new route from Bucharest to Palermo in Italy. Ryanair aims to connect Bucharest with all ...

Cars: Romania's 2016 new commercial vehicle registrations drop in Jan - ACEA

Tuesday, February 28, 2017

Registrations of new commercial vehicles in Romania fell by an annual 14.9% to 1,389 in January, data from the European Automobile Manufacturers' Association, ACEA, indicated on Thursday, seenews.co informs. Registrations of new light commercial vehicles of up to 3.5 tonnes were down 3.2% on the year to 990 in January, ACEA said in a statement, citing provisional data. Registrations of new heavy commercial vehicles of 16 ...

Agriculture: The European Union, an agri-food world power

Tuesday, February 28, 2017

The food industry accounts for seven out of every €100 of trade between the European Union and the rest of the world. EURACTIV’s partner EFEAgro reports. While that number may seem small compared to the business generated by trade ...

Tourism: Borsec and Sucevita attested resorts of national interest

Tuesday, February 21, 2017

Borsec (Harghita county) and Sucevita (Suceava county) were attested tourist resorts of national interest, according to a decision adopted by the government on Thursday. Ten localities received attestation as tourist resorts of local interest: Baia de Fier (Gorj county), Boghis (Salaj county), Colibita (Bistrita Nasaud county), Moisei (Maramures county), Negresti Oas (Satu Mare county), Pojorata (Suceava county), Sangeorgiu de Mures (Mures county) , ...

Hoppa's annual report: Bulgaria, Colombia and Romania are among the cheapest places to go on holiday this year

Tuesday, February 21, 2017

According to new research, the Bulgarian capital is the cheapest holiday destination on earth, followed by Cairo in Egypt and Cartagena in Colombia.The airport transfer company Hoppa has released their annual report on the cheapest and most expensive destinations across the ...

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