Economic
Ambassador Werner Hans Lauk : Over 20pct of foreign tourists who come to Romania are German
Tuesday, April 5, 2016
Increasing number of Romanians are discovering Germany as a holiday destination and more and more Germans are attracted by Romania's natural wonders, which can strengthen the bilateral relation between the two countries at a cultural and political level, German Ambassador to Bucharest Werner Hans Lauk stated on Wednesday at a press conference organized by the of the German National ...
Real Estate: JLL Romania signed record office lease transactions in Q1 2016
Tuesday, April 5, 2016
JLL Romania has successfully advised office lease transactions totaling almost 25,000 sqm in Q1 2016 in Romania, a record of the last 12 months, for the company. The office leases were signed in Bucharest, in Cluj-Napoca and Iasi, thediplomat.ro reports. JLL advised companies into leasing close to 13,000 sqm in Iasi, while in Bucharest and Cluj were signed 7,500 sqm and 1,700 sqm respectively. By sector, professional services, BPO, IT and constructions ...
Telecom.IT : HTC 10 Shows Up In Romania & Is Available For Pre-Orders
Tuesday, April 5, 2016
While most of the public has their eye on the Samsung Galaxy S7, S7 edge, and the LG G5, little information about the latest HTC model is known, androidheadlines.com reports. The HTC ...
MCSI: there are 99 settlements under the Ro-Net project since December 31, 2015
Tuesday, April 5, 2016
As many as 99 human settlements are now covered by the Ro-Net project, while others, up to 783, will follow by the end of 2016, State Secretary with the Ministry of Communications and Information Society (MCSI) Horatiu Anghelescu told the 6th annual edition of the Mobile Innovation Conference in Bucharest on ...
Telecom. IT : Orange Romania to hold internet safety workshops for youth
Tuesday, March 29, 2016
Orange Romania will organise in April a series of workshops concerning internet safety for children aged 10 to 13, telecompaper.com reports. Named 'School in a different way: Know more, be better', the programme will take place on 18-22 April in Bucharest, Cluj and Iasi through interactive workshops supported by specialised trainers from the 'Save the children (Salvati copiii)' local NGO. During the workshops, children will ...
Romania opens access to networks' physical infrastructure
Tuesday, March 29, 2016
Romania's government approved on 23 March the draft law regarding the regime of electronic communications networks' physical infrastructure and some measures that are meant to reduce the costs of installing electronic ...
Orange Romania sees LTE device sales double at Cluj store
Tuesday, March 29, 2016
An Orange Romania store in Cluj that was turned into a smart store a year ago doubled its sales of 4G/LTE devices, writes local paper Ziarul Financiar citing data provided by the ...
Cars: Dacia's sales were 9.1 percent higher this February
Tuesday, March 29, 2016
Dacia carmaker's European sales (EU plus EFTA) were 9.1 percent higher this February compared to the same month of 2015, while the company's market share shrinked from 2.8 percent to 2.7 percent, shows statistical data released on Tuesday by the Association of European Automobile Manufacturers Association ...
Agriculture: Hugh Beirne, Avalon Comp: Investors in agribusiness will keep coming to Romania
Tuesday, March 29, 2016
for which Romania continues to be interesting for foreign agribusiness investors. According to the National Statistics Institute, 63% of the 238,000 sq.km representing the whole country is tillable land, where wheat and corn mostly grow. Romania has a large farming area and is strategically located in Europe, a reason for which investors in agribusiness will continue coming here, according to Hugh Beirne, manager and co-owner of ...
Ministry of Agriculture: 11 counties in Romania without any traditional products
Tuesday, March 29, 2016
Harsh attestation conditions for traditional food, which came into force in 2013, reduced the number of such products seven times. 11 counties in Romania have no traditional products attested by authorities, according to data supplied by the Ministry of Agriculture and Rural Development (MADR). Only 524 products were considered traditional, seven times fewer than three years ago, when 4,000 were authorised. Over half of ...
MPs aim to block retailers from collecting ‘extra-taxes’ from producers
Tuesday, March 29, 2016
Romanian MPs are currently working on amendments to the law regarding the sale of food products (321/2009), which would strictly regulate the way in which retailers make money, business-review.eu informs. The old bill allowed large retailers to ask producers to pay additional taxes such as the one for listing and promotion of products. “We will tell them: you are a retailer and as any retailer you have to survive with the ...
Romania's Government launches measures to help small farmers
Tuesday, March 29, 2016
Romania's Government wants to include more farmers in the National Rural Development Plan by lowering the eligibility threshold from EUR 8,000 to EUR 4,000 per production level, balkans.com reports.The measure is part of a package aimed at developing the middle class in Romania’s rural areas.Currently about 73% of the Romanian farmers live in subsistence farms, and 97% of 3 million farmers are not eligible for the National Rural Development Plan, ...
Government approved 3.6-billion-leu loan to boost Romania's absorption of European funds for agriculture
Tuesday, March 29, 2016
The Government on Wednesday approved a decision under which a 3.6-billion-leu loan is granted from the Public Finance Ministry as a temporary financial measure to boost Romania's absorption of European funds for ...
Real estate: Real estate market continues to grow. International investors and developers interested in Romania
Tuesday, March 29, 2016
The local real estate market will continue its positive evolution. Increases are estimated in key-segments such as investments, office and industrial markets, according to the latest market report of a real estate consulting company. “Compared to the other Central and East European countries, Romania enjoys a healthy domestic demand and there are concrete signs showing that the country’s attractiveness is growing. International investors ...
Real estate transactions grew to over 890,000 last year
Tuesday, March 29, 2016
The number of real estate transactions grew by over 65,000 last years, compared to 2014, 890,169 sales contracts being registered at national level, according to the National Agency for Cadastre and Real Estate Advertising. Most transactions took place in Bucharest (83,312), Ilfov county (57,169) and Timis county (44,218). The counties of Covasna (7,736), Bistrita-Nasaud (7,898) and Gorj (9,109) had the fewest real estate ...
RE/MAX Study: Europeans view, on average, seven properties in two months during their search for a home
Tuesday, March 29, 2016
68% of Europeans assign 2 months to search for a home The Portuguese find the house of their dreams in just a week, while the Dutch search for six months The Turks and the Brits are the most demanding. They view 10 properties before making a decision Europeans don’t spend a ...
Tourism : Romanians consider domestic holiday destinations safe, want to travel to Transylvania, Bukovina, Danube Delta
Tuesday, March 29, 2016
Romanians consider domestic holiday destinations to be safe and want in 2016 to enjoy more travels to Transylvania, Bukovina and the Danube Delta, according to a survey conducted by a portal of online bookings and issued on Thursday These said they would continue to travel abroad, but with more caution and attention regarding their security. Some 60pct of ...
Trade: Online commerce has developed in the last years
Tuesday, March 22, 2016
Four out of ten Romanians who did online shopping last year bought clothes, fashion being the most important sector according to the number of buyers on the internet, a market with a sum of almost 150 – 200 million euro. ZOOT, answear.com and Uterque (part of the group Inditex, the owner of Zara) are only some of the brands which attacked the online fashion market in Romania over the last year. They all talk about the potential of the market and about how much importance the ...
Cars: Romanians buy 74 environmentally-friendly cars two months into 2016
Tuesday, March 22, 2016
Romanians bought, in the first two months of this year, as many as 74 hybrid and 100pct-electric cars, up by almost 90pct compared to the same period in 2015, according to the statistics of the Car Makers and Importers' Association (APIA). The sales of environmentally-friendly cars, reported in January and February 2016, is the equivalent of 0.6pct of all new cars sold ...
Sales of motor vehicles registered, in the first two months of 2016, an increase by 17.9pct y-o-y
Tuesday, March 22, 2016
Total sales of motor vehicles (cars and commercial vehicles) registered, in the first two months of 2016, an increase by 17.9pct year on year, with car sales up by 12.2pct, according to statistics of the Association of Car Makers and Importers ...