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Romania, the cheapest seaside tourist destination in the region
Tuesday, September 1, 2015
Romania has become in 2015 the cheapest seaside tourist destination in the area, compared with the 4th place in the previous year, with tourists spending 43.56 euros on average on a holiday basket with eight common use food and non-food products, according to a study conducted by the Romanian Tourism Employers Federation (FPTR) sent on ...
Starwood Hotels & Resorts Celebrates Milestone Opening of Sheraton Bucharest Hotel
Tuesday, September 1, 2015
*Located in the Dynamic Capital of Romania, Sheraton Bucharest Hotel Marks First Entry by Starwood in the Country and Continues Rapid Sheraton Growth Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) announced its market entry in Romania with the opening of the Sheraton® Bucharest Hotel, centrally located in one of the most charming cities in central Europe. In partnership with S.C. Grand Plaza Hotel ...
Telecom.IT : Romania adopts new rules for premium rate services
Tuesday, September 1, 2015
Romania's telecommunications authority Ancom adopted new obligations as regards providers' provision of information to end-users about the tariffs for calls or SMS/MMS ...
Real estate: RE/MAX Europe Survey on Europeans’ ideal homes
Tuesday, September 1, 2015
A recent survey conducted by RE/MAX Europe shows that Europeans’ ideal homes have five rooms, excluding the kitchen, bathroom, and lobby, and an average surface of some 131 sqm. The survey included 16 European countries. The Portuguese would need a home interior of 211 sqm, the Turks would like a surface of 164 sqm, and the UK citizens would be happy with only 80 sqm. By comparison, Romanians consider that a 3-room home with a surface of 75 sqm ...
Cars: Automotive supplies over January - July 2015 advanced 15.8 percent
Tuesday, September 1, 2015
Total automotive supplies (cars plus commercial vehicles) over January - July 2015 advanced 15.8 percent from the same period of the year before, with car sales advancing 13.4 percent, the Association of Automotive Manufacturers and Importers (APIA) announced in a ...
Renault to launch the Easy-R automatic transmission for Dacia’s Logan and Sandero at the Frankfurt motor show, this September
Tuesday, September 1, 2015
French group Renault will officially launch the Easy-R automatic transmission for Romanian carmaker Dacia’s Logan and Sandero models at the Frankfurt motor show, in September. This is a premiere for Dacia, as all of its cars have only been available with manual transmission up until now. The Romanian carmaker will also show its Duster Edition 2016 in Frankfurt, according to a press release of the Renault group, quoted by ...
Infrastructure : Rural infrastructure measure in the new PNDR 2014 -2020 will be opened in early September
Tuesday, September 1, 2015
The rural infrastructure measure in the new National Rural Development Programme (PNDR) 2014 -2020 will be opened in early September, and the total allocated funds will stand at 1.1 billion euros, according to Minister of Agriculture and Rural Development Daniel ...
Infrastructure : Freight traffic through the Black Sea port of Constanta, by 20.4pct higher in Q1 of 2015
Tuesday, August 25, 2015
The freight traffic through the Black Sea port of Constanta in the first quarter of 2015 counts for 12.1 million tonnes and it is by 20.4pct higher than in the same period of 2014, the Constanta County Statistics Department informed on ...
Agriculture : Honey production to drop 30pct due to drought, bee depopulation
Tuesday, August 25, 2015
Honey production will be lower by some 30pct in 2015, compared to an annual average production of 22,000 to 24,000 tonnes, due to drought and depopulation of bee colonies, Chairman of the Romanian Beekeepers' Association (ACA) Ioan Fetea told Agerpres. Except for the western area of the country, in 2015 there has been an acacia honey production that covers 90pct of annual production, rapeseed honey production amounted to around 70pct, whereas linden ...
Trade: Active persons with incomes over 3,000 lei most interested in buying a smartwatch in next 12 months
Tuesday, August 25, 2015
Four out of ten Romanians declared their intention to buy, in the next 12 months a smartwatch most of whom are professionally active men and young people aged between 25 and 34, with incomes over 3,000 lei/month, according to results of a study made on a sample of 1,070 persons. At present, only 2% of Internet users in Romania own a smartwatch, although 50% of them consider such a device is very useful. The study made by iSense Solutions shows that ...
Study: 20% of Romanians in urban area use smart TVs
Tuesday, August 25, 2015
About 20% of Romanians in the urban area have heard of smart TVs and already use it, while 70% of teenagers aged between 15 and 17 would like a smart TV, according to a study made by GfK Romania on the use of new digital technologies. Smart TVs are the best known and have a high adoption degree. They are followed by cloud storing services, used by 10% of Romanians in the urban area and by 25% of people aged between 18 and ...
Cars: Study: Romanians pay an average 1,120 lei/year for car repairs. 81% of drivers choose repair shops
Tuesday, August 25, 2015
Romanians pay 1,120 lei per year on the average for car repairs and women pay more than men for this kind of service, according to a study made by a specialised website released on Wednesday. According to the study, most Romanians (81%) choose to repair their cars in repair shops, 15% use private mechanics and the rest of 5% do it themselves. In fact, those who choose to repair their cars themselves pay an average of 782 lei/year, while the average ...
Tourism: Agencies expect boom of tourists going to Greece in 2016 and recommend early booking
Tuesday, August 25, 2015
The number of tourists, Romanians included, who will spend their vacation in Greece in 2016 will grow, agencies estimating a real boom. We expect an important increase of the number of tourists who will spend their vacations in Greece in 2016, and for that hotel owners will apply a price increase of only 3-5% and just in rare cases of 10%. Greece is not a destination in which tourists have to worry as the banking system is back to normal. Tourists were ...
Real estate: DTZ Report: Developers counted on opening commercial centres in first semester
Tuesday, August 25, 2015
Real estate developers counted on the opening of commercial centres in the first half of the year, when the stock of modern retail spaces in Romania exceeded 3 million square meters, according to a DTZ Echinox report. At the end of June commercial centres represented 60% of stock, retail parks 25% while the 15% difference represents commercial galleries. In the first half of the year, two commercial centres were completed - Mega ...
Non occupation rate: 4% in dominant projects, 10-15% in secondary projects and 20-25% in tertiary ones
Tuesday, August 25, 2015
The level of primary rents was established in the last four years and there will be no significant changes this year. Starting with quarter 4 some pressure is expected on the prime renting level, considering that commercial areas of 100 sq.m., located on the ground floor of dominant commercial centres are more and more limited, the number of new entrances is growing and retailers - especially fashion brands - report solid sales increases. At the end of ...
The real estate market is gradually recovering. More and more Romanians are willing to buy houses still in drafting stage
Tuesday, August 25, 2015
5% increase for the real estate market by the end of the year in terms of prices and number of transactions According to RE/MAX Romania press release sent to ACTMedia, world leader in real estate and number one global franchise on this segment, this year’s first half brought a fresh perspective on the real estate market in Romania, seeing a ...
Agriculture : Forest fruits in the mountaineous regions, a product exported with success on the European market
Tuesday, August 18, 2015
The Forestry department Maramuresti estimates this autumn they could export over 100 tons of forest fruits – blackberries, raspberries, - on the European market.The campaign of picking the forest fruits started with the help of inhabitants in the villages in Maramures county. Forest fruits are considered an ecological product as they come from the mountaineous areas which are protected from pollution. ‘The picking of ...
Minister Constantin: the total wheat production is "slightly better" than the one of 2014
Tuesday, August 18, 2015
The crops sown last autumn for which the harvest is finished had not very big losses due to drought, Agriculture and Rural Development Minister Daniel Constantin said on Monday, adding that the total wheat production is "slightly better" than the one of ...
Trade: Chiritoiu (Competition Council): Big retailers decrease food prices by 12.8pct after VAT reduction
Tuesday, August 18, 2015
Big retailers reduced the prices of foodstuffs by 12.8pct and traditional stores by 9.1pct after the value-added tax on food was slashed from 24pct to 9pct, Competition Council Chairman Bogdan Chiritoiu told Agerpres. "Following the reduction in VAT on food on June 1, prices have gone down both in traditional trade as well as in the modern one: 12.8pct in ...
Food prices in Romania decreased by 1.17 percent in July
Tuesday, August 18, 2015
Food prices in Romania decreased by 1.17 percent on the average in July, on a June basis, and by 7.25pct year-on-year, according to data released on Tuesday by the National Institute of Statistics ...