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Real Estate: Bucharest and Budapest on big retail investors’ lists in 2016. Investment profits will continue to drop
Tuesday, March 8, 2016
The essential factor influencing the real estate market in 2016 is consumption, Bucharest and Budapest being on the list on bug retail investors, according to a study of a real estate consulting company. Consumption increase determined a development wave - retail formulas and logistic deposits encouraged by the increase of online trade players’ demands, according to the CBRE report “CEE Market Outlook 2016” on this year’s provisions in Central and ...
Prices for apartments surpassed 1,000 euro/sqm in February, for the first time in 4 years
Tuesday, March 8, 2016
The prices of apartments for sale at national level went up in February by 4.5% against January and by 9.8% as compared to February last year, the average price being 1,015 euro/sqm, for the first time over the psychological threshold of 1,000 euro, according to Imobiliare.ro. In Bucharest, the demands of the sellers increased by 3.3% in February, from 1,054 to 1,089 euro per sqm and with 5.3%in the last 12 months, from 1,034 euro per sqm. The old ...
Tourism: eNOTOURISM CAN ATTRACT FOREIGN TOURISTS TO ROMANIA
Tuesday, March 8, 2016
* In Romania there are over 140 active wineries and more than 30 of them practise wine tourism. Romania is placed 13th in a global top of wine producers, according to preliminary data recently published by the International Organization of Vine and Wine (OIV). At the moment our country has 250 registered wine cellars, but only 140 of them are active in producing and selling bottled wine. Some 30 wine cellars also offer wine ...
The tourists’ overnight stays in the establishments of tourists’ reception increased by 15.9% in January 2016
Tuesday, March 8, 2016
• In January 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 tourists’ accommodation increased by 16.6 % and by 15.9 %, respectively. ...
Agriculture: Compared to the December 2015, in January 2016 the number of slaughtered pigs decreased almost 4 times
Tuesday, March 8, 2016
In January 2016, compared to the December 2015, the number of slaughtered animals and poultry and their carcass weight decreased for cattle, pigs and sheep and goats and increased for poultry. Compared to the ...
Regions in Korea are interested in cooperation with Cluj County in the agri-industrial sector
Tuesday, March 8, 2016
Two regions in Korea are interested in cooperation with Cluj County in several fields, especially in the agri-industrial sector, as underscored in the meeting that Cluj County Council's Deputy President Vakar Istvan had on Wednesday with representatives of Jeollanam and Gwangju Metropolitan City regions in South ...
Telecom. IT: Romania has the lowest percentage of regular Internet users in the European Union
Tuesday, March 8, 2016
Romania has superior broadband Internet networks, but it has the lowest percentage of regular Internet users in the European Union (52pct compared to 76pct in the EU) and 32pct of the population has never used the Internet (16pct in the EU), reads a press release issued on Friday by ECDL Romania.According to the Country Report published by the European Commission in March ...
Infrastructure: The feasibility study for the highway Sibiu-Pitesti will be finalised until 15 December 2016
Tuesday, March 8, 2016
The feasibility study for the construction of the highway Sibiu-Pitesti will be finalised until the end of 15 December of this year, and the projection and the execution of the works will be started after the finalisation of the document, shows the press release of the National Company for Highways and National Roads of Romania. The press release reminds the fact that the new estimated deadline for the putting into value of the highway sector is ...
Real estate brokers estimate price drops for houses and higher prices fore rentals
Tuesday, March 1, 2016
Over 40% of real estate brokers consider that house prices will drop by more than 20% when the law on debt discharge comes into force, while the rest expect increases by 10-20% for rents, according to an opinion poll made by Imobiliare.ro website. “Over 80% of brokers consider that the present form of the law on debt discharge is a major risk for the real estate market in Romania. 45% of respondents consider that we will witness a crash of the ...
Tourism : Demand for destinations in Greece, Spain, Bulgaria, Italy, Croatia, Slovenia and Montenegro will grow this year
Tuesday, March 1, 2016
Romania's National Association of Travel Agencies (ANAT) estimates that the demand for destinations in Greece, Spain, Bulgaria, Italy, Croatia, Slovenia and Montenegro will grow this year by more than 10 percent, given the current international geopolitical situation; some hotels already stopped their sales, ANAT deputy vice president Lucia Morariu ...
FAPT: Romania's tourism promotion should be transferred under a public-private partnership
Tuesday, March 1, 2016
Romania's tourism promotion should be transferred under the management of a tourism organization, under a public-private partnership, president of the Federation of Romania's Tourism Promotion Associations (FAPT) Corina Martin told the FAPT General election ...
Government is preparing measures to bolster Romania's spa tourism
Tuesday, March 1, 2016
Under a project that will span three years, the government is preparing a set of measures to bolster Romania's spa tourism, envisaging also a makeover given to either the resort of Herculane or ...
Telecom. IT : Facebook accounts held by Romanian users reached 8.4 million
Tuesday, March 1, 2016
The number of Facebook accounts held by Romanian users reached 8.4 million, of which 1.9 million in Bucharest, reveals data processed by the portal Facebrands.ro, the service that monitors the Romanian pages created on the social network. Of ...
Romania mobile users average 251 minutes per month
Tuesday, March 1, 2016
Romania's average user of mobile telephony and mobile internet achieves 167 MB mobile internet traffic every month, sends 74 national SMS (64 on-net and 10 off-net) and speaks on average 251 minutes on the mobile handset (193 on-net and 58 off-net minutes, according to the most recent telecom authority Ancom's update of Veritel.ro, the online application for comparing telecom offers, telecompaper informs. Occasional users of mobile telephony and mobile ...
Romania's telecom sales surge 33% in Q4 to EUR 263 mln
Tuesday, March 1, 2016
Romania's telecom sales rose 33 percent in Q4 2015 compared to the same quarter of 2014 to EUR 263 million, according to a study by GfK Romania, ...
Infrastructure : Wizz Air launches Cluj-Napoca- Munich flight at prices starting from 109 lei
Tuesday, March 1, 2016
Wizz Air launches a new Cluj Napoca-Munich Memmingem flight twice a week at prices starting from 109 lei. According to a press release of Cluj County Council, Wizz Air announced that the route is part of the summer 2016 program. Wizz Air will add the fifth air plane to its Cluj Napoca base as of July 2016 and the summer timetable includes place tickets to Alicante, Billund, Doncaster/Sheffield and Berlin starting next ...
Qatar Airways to double number of flights to Romania
Tuesday, March 1, 2016
Qatar Airways will double the amount of flights on its Doha to Bucharest route from this summer, enhancing the service from a daily to double-daily offering, in response to increased passenger demand to and from Bucharest Henri CoandaInternational Airport in Romania, eturbonews.com is saying. First commencing service on 17 January 2011, the route recently celebrated its fifth anniversary of serving passengers from Romania, onwards to more than 150 ...
Romanian infrastructure gets bigger public funding, says Ministry of Finance
Tuesday, March 1, 2016
The Ministry of Finance has updated the list of 120 public investment projects worth RON 100 million that have been prioritized by the government, business-review.eu reports. The ministry said that most of the projects are in an advanced stage, with close to 75 of the construction having been finished . Most of the projects have been in the transport sector. The biggest public investments, from the point of view of this ...
Trade : Apple sells only 6% of smart phone in Romania but gets 20% of the money
Tuesday, March 1, 2016
The American company Apple, which sells in Romania about 6% of the total number of smart phones collects about 20% of overall expenses with the Romanians’ smart phones, according to a market study made by ZF. According to the study made in the first 11 months of 2015, Apple sells in Romania 6% of smart phones, as many as Samsung sells in a month in top seasons. About a million out of the 2.6 million smart phones sold in ...
Survey: local B2B e-commerce will remain on an upward trend in 2016
Tuesday, March 1, 2016
The local B2B e-commerce will remain on an upward trend in 2016 and will reach 12 billion euros, by 20pct more than in last year, according to a survey conducted by an e-commerce platform and issued on ...