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Real estate: Commercial areas of at least 110,000 sq.m completed in 2017
Tuesday, January 10, 2017
2017 announces many inaugurations of malls and modern commercial areas in Romania, the area completed for them being estimated by real estate consultants between 110,000 an 180,000 square meters. According to data supplied by JLL, the South African investments fund New Europe Property Investments (NEPI) will deliver the largest volume of commercial areas by the expansion of two commercial centres: Shopping Center Sibiu (11,000 sq.m) and Shopping City ...
Tourism : ANAT expects Romanian tourism sector to generate 6 pct of GDP
Tuesday, January 10, 2017
The National Tourism Agencies Association (ANAT) wants a consistent multiannual budget to promote Romania’s destination abroad, according to the association’s president, Alin Burcea quoted by business-review.eu. „The association’s expectations from the new Ministry are high, based on the need of its existence: We want a consistent multiannual budget through a coherent promotion policy,” said Burcea in a release on ...
The tourists’ overnight stays in the establishments of tourists’ reception increased by 7.9% in the period 1.01?30.11.2016
Tuesday, January 10, 2017
In November 2016, 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 ...
Telecom.IT : Vodafone Romania, Huawei break 1.35Gbps speed barrier
Tuesday, January 10, 2017
Telecom operator Vodafone Romania and Huawei broke the barrier of 1.35 Gbps download speed, voicendata.com reads. The telecom operator demonstrated the readiness towards 4.5G era, using E2E solution from Huawei. The test proved, over the air interface, a 1.35Gbps LTE connection in an experimental structure not isolated from commercial network. Besides throughput, the tested technology revealed one of the highest spectral ...
Vodafone Romania officially launches LTE-A service
Tuesday, January 10, 2017
Vodafone Romania officially launched Supernet 4G+, a service ensuring LTE-A speeds in all the 41 county capitals, and other 330 localities, telecompaper.com reports. During a press event held on the occasion of the launch of the service, the operator also demonstrated that it can reach 1.35 Gbps download speeds using an E2E product from Huawei. The test proved, over the air interface, a 1.35Gbps LTE connection in an experimental structure ...
Infrastructure: 1.9 million passengers passed through the 'Avram Iancu' international airport of Cluj in 2016
Tuesday, January 10, 2017
Almost 1.9 million passengers passed through the 'Avram Iancu' international airport of Cluj in 2016, with the traffic hitting a new record high, said the director of the airline hub David Ciceo. According to him, this ...
Wizz Air passenger traffic to/from Romania rises 23% in 2016
Tuesday, January 10, 2017
Hungarian low-cost airline Wizz Air said on Thursday it carried some 5.5 million passengers to and from Romania in 2016, up 23% on the year, seenews reports. "Our ultra low-cost model is very effective and will enable us to continue our significant growth and to constantly expand our network to better serve passengers," Wizz Air CEO József Váradi said in a press release. For this year, the operator has already ...
Tourism : Orbis aims to become the biggest hotel group in Romania in 2 years
Tuesday, January 3, 2017
Orbis Hotel Group, the largest network of hotels in Eastern Europe, aims to become the biggest player on the Romanian hotel market in the next two years, the president and CEO of the group, Gilles Clavie, told BR in an interview with business-review.eu. “Today, we have seven hotels in total in our network in Romania and the goal of Orbis – we are already the leader in the region and we want to be the leader of each country where we ...
Real Estate: 2016-best year of local real estate market since 2008 with one million sqm delivered
Tuesday, January 3, 2017
The retail, offices and logistics spaces that were handed over this year stood at 956,000 square meters, increasing by 88 percent compared to 2015, therefore marking the best year of the local real estate market since 2008, according to an analysis carried out by a real estate company The year 2016 was a year with significant growths for the spaces which ...
The pace of growth of housing demand has visibly slowed down in 2016
Tuesday, January 3, 2017
The interest in purchasing flats in the last four years registered a general upward trajectory in all the Romanian cities, the most significant increase being registered on the segment of newly-built buildings, according to an analysis made by a real estate ...
Cars: Sales of new eco-friendly cars in the first 11 months of the year stood at 1,044 units
Tuesday, January 3, 2017
Sales of new eco-friendly cars (electric and hybrid vehicles) in the first 11 months of the year stood at 1,044 units, up by 125 percent from the 464 units registered in the same period of the year before, shows statistical data of Romania's Association of Automotive Manufacturers and Importers (APIA).Green cars accounted for 1 percent of total sales of new automobiles between January - November 2016. In November 2016, 209 eco-friendly ...
Expensive car registrations between January - November 2016, up 12 percent
Tuesday, January 3, 2017
The Romanians didn't shy away from buying luxury cars this year, as January - November registrations of expensive new and second-hand cars hit 3,656 units, up 12 percent from the same period of the year before, shows data of the Driving Licenses and Vehicle Registration Directorate ...
Agriculture: Romania exported, in the first nine months of 2016, 5.2 million tones wheat
Tuesday, January 3, 2017
Romania has exported, in the first nine months of 2016, a total of 5.2 million tones wheat, more than twice as much compared to the same period of 2015, when 2.57 million tones wheat was supplied to the foreign markets, the biggest quantity being absorbed by non-European markets, according to the statistic data of the Ministry of Agriculture and Rural Development ...
In September 2016 Romanian corn exports were 7.7% lower than 2015
Tuesday, January 3, 2017
In the first month of 2016/17 MY Romania exported 348 KMT of corn, which was 7.7% lower compared to shipments in September 2015/16 (377.1 KMT) due to second low corn crop. Record high corn exports for this month were observed in September 2014/15 – 402 KMT, blackseagrain.net reads. It should be noted that in September 2016 the share of exports to non-EU countries have grown to 49% (169.7 KMT) against 33% (123 KMT) in September 2015. The top ...
Infrastructure: Romania's Blue Air to increase frequency of Bucharest-Rome flights
Tuesday, January 3, 2017
Romanian carrier Blue Air said that it will increase the number of flights from capital Bucharest to Italy's Rome starting February 2017, seenews.com reports. The airline said in a statement it will offer one additional flight per day during 2016/2017 winter season, and two additional flights per day in summer 2017 season. By introducing the additional flights, Blue Air will operate a total of 14 flights per week in winter and ...
Telecom.IT: Vodafone has fastest mobile network in Romania - Ookla
Tuesday, January 3, 2017
Vodafone Romania has the fastest mobile network in the country, according to tests conducted by mobile users in Romania in the last six months by using Ookla's Speedtest. According to results of more than 500,000 tests in the second and third quarter of 2016 from users of mobile phones in Romania compatible with LTE technology, Vodafone Romania offers the highest download and upload speeds as well as the smallest latency in data ...
Infrastructure: Works for underground line 6 to Otopeni begin by mid 2017
Tuesday, December 20, 2016
Sorin Buse, the minister of transports, announced recently that works for underground line 6 connecting the North Station and Otopeni Airport will begin by mid 2017, with an investment of 5.9 billion lei. “Line 6 expands the present underground network from 1 Mai station to Henri Coanda International Airport for a length of 14.2 km, with a transport capacity of 50,000 people per hour. This new line makes a direct connection between North Station ...
Transport Ministry privatizes Bucharest airports and Constanta Sea Ports by listing on stock market
Tuesday, December 20, 2016
The Transport Ministry suggests that the “Bucharest Airports”National Company and “Sea Ports Administration”National Company should be listed on the stock market with initial primary offers for the sale of packages of shares of 20-25% of the social capital of the companies. According to the draft Government Decision for the approval of income and expense budget of the Transport Ministry for privatization in 2016, launched for ...
Wizz Air expands Romanian fleet, to launch 6 new routes from Cluj
Tuesday, December 20, 2016
Low-cost carrier Wizz Air said that it has added a new aircraft to its fleet in Romanian capital Bucharest and plans to add one more to its base in Cluj, starting March 2017, when it will also launch six new routes from the city in northwestern Romania, seenews.com reports. With the acquisition of a 180-seat Airbus A320, Wizz Air expanded its Bucharest fleet to nine aircraft, the air carrier said in a press release on ...
Traffic în Constanta Port at the Black Sea exceeded in January-November reaching 18.51 million tonnes
Tuesday, December 20, 2016
Cereal traffic in southeastern Constanta Port at the Black Sea exceeded in January-November the record it registered in the similar period last year, reaching 18.51 million tonnes, as compared to 18.02 million tonnes at end-November 2015, while the total traffic of goods in the Romanian maritime ports saw a growth of up to 5.35pct, on Tuesday announced the Maritime Ports Administration's National Company (CNAPM). 2015 was a reference year for the ...