Economic
Tourism: ANT allocates 8 million euros for Romania’s tourist promotion and opens Beijing office
Tuesday, June 30, 2015
The National Authority for Tourism (ANT) will allocate 8 million euros from European funds for outdoor advertising and the participation in tourism fairs abroad. The government will contribute with 110,000 euros. “The sums allocated from the state budget for the promotion of tourism in 2015 amount to 508,000 lei. About 4 million euros are allocated from European funds for the purchase of outdoor advertising services for the implementation of ...
Fagaras Fortress receives certificate of excellence from TripAdvisor
Tuesday, June 30, 2015
Fagaras Fortress has recently received the Certificate of Excellence in tourism from the travel website TripAdvisor. Last year the fortress was considered the second most beautiful castle in the world after Newschwanstein Castle in germany, according to a classification made by Hopper, a website devoted to trip planning and presented by Huffington Post. Built at the end of the 15th century, in Renaissance style, the Throne Room ...
Wizz Air and Bucharest Tourism Board associate to bring more tourists to Bucharest
Tuesday, June 30, 2015
The Wizz Air airline has carried 20 million passengers since its opening in 2007, company representatives announced in a press conference on Thursday. "The celebration of 20 million passengers carried to and from Romania since the launching of local operation in 2007 is a historic moment for Romania — the second country where we have operational bases ...
Statistics: 16.068 million accommodation in Q1 2015
Tuesday, June 30, 2015
Tourist accommodation places available in Romania in the first quarter of 2015 were standing at 16.068 million, with more than 6.811 million of them in Bucharest City and county capitals, according to data with the National Statistics Institute ...
Agriculture: New vine and wine law forbids adding water to wine
Tuesday, June 30, 2015
The new vine and wine law, promulgated on Tuesday by president Klaus Iohannis, forbids adding water to wine and wine products. Among other things, Law 191 stipulates that wine cannot be manufactured from other than grapes and no other substances than the ones mentioned by law can be added. Aromas, synthetic sweeteners and colours cannot be sued to obtain ...
The beneficiaries of EU funds via PNDR are allowed to borrow also from NBFIs
Tuesday, June 30, 2015
The beneficiaries of EU funds via the 2014-2020 National Programme for Rural Development (PNDR) are allowed to borrow or get loan guarantees also from non-bank financial institutions (NBFIs), even from those not registered with a specialist association, the Rural Investments Financing Agency (AFIR) informed on ...
Trade: Top of Bucharest commercial centres: Baneasa, AFI and Unirea leaders according to rent incomes
Tuesday, June 30, 2015
The 16 commercial centres in Bucharest have a total area of 1 million square meters and have exploitation incomes of 800 million lei/year. Mall sales represent 5.3 billion lei per year. The 16 Bucharest commercial centres which include Baneasa Shopping City, AFI Cotroceni, Sun Plaza or Bucharest Mall brought exploitation incomes of over 800 million lei last year, according to a ZF analysis based on the financial reports published with the Finance ...
Foreign retail players made capital infusions of 85.9 million euros in local chains in the first four months of 2015
Tuesday, June 30, 2015
Foreign retail players made capital infusions of 85.9 million euros in local chains in the first four months of this year, by 63pct higher compared to the same period in 2014, when these totaled 52.7 million euros, according to data with the National Trade Registry Office ...
Telecom.IT: Romanians buy new phones every two years
Tuesday, June 30, 2015
Over 90% of cell phone buyers purchase smart phones. The exchange rate of a telephone varies from 6 months for premium devices and 2 years for average and low price models, according to QuickMobile.ro, the store selling telephones, tablets, gadgets and accessories. Over half of the phones sold by QuickMobile are state of the art. Sales grew by 40% last year in the smart phone segment. About 70% of clients who buy cell phones are ...
Healthcare: Romania would shift to the lowest European price for drugs from July 1
Tuesday, June 23, 2015
Health Minister Nicolae Banicioiu announced on Monday Romania would shift to the lowest European price for drugs from July 1, with the new prices being already known in the medicine ...
Tourism : Romania on 23rd place among city break destinations
Tuesday, June 23, 2015
A recent study concerning global tourism has placed Romania on 23rd place as a travel destination for city breaks. The study, conducted by Mercury Research, had 16,800 respondents from 24 countries and included 111 tourist destinations. Respondents who selected Romania as a city break destination motivated their choice by an interest in tourist attractions and new experiences, and less an interest into knowing ...
Demand for tours has grown by rd 15pct in 2015
Tuesday, June 23, 2015
Romanians' demand for tours has grown by rd 15pct in 2015, as compared to 2014, the most preferred remaining the European countries, according to an analysis by a tour ...
Romania is Britain's fastest growing HOLIDAY destination - thanks to immigration influx
Tuesday, June 23, 2015
A MASSIVE rise in Romanian immigrants to the UK means the eastern European country is now the fastest growing overseas holiday destination for Brits. Just over 340,000 UK residents made the trip to the central European country last year - more than double the number of 2010. That is the biggest rise in any overseas destination by British travellers, official analysis from the Office of National Statistics (ONS) has ...
Non-resident tourists to Romania have spent on average 2,960 lei/person (around 660 euro) in Q1 2015
Tuesday, June 23, 2015
Non-resident tourists to Romania have spent on average 2,960 lei/person (around 660 euro) in the first quarter of 2015; most of them came for business, according to the data released on Tuesday by the National Institute of Statistics ...
British holidaymakers flocking to Eastern Europe, Visa analysis shows
Tuesday, June 23, 2015
Research from Visa has found that Eastern Europe and the Baltics are becoming increasingly popular among British travellers. Croatia, Romania and Lithuania are said to be among the top five fastest growing destinations for UK holiday spend. The research was carried out by the agency Forward Thinking, which collected data on debit card use at point of sale or at ATMs overseas as compared with travel money picked up at bureau de ...
Romania and Bulgaria are attracting their fair share of Chinese tourists
Tuesday, June 23, 2015
Figures vary on how many Chinese people live in Europe. The United Nations Department of Economic and Social Affairs puts the number at about a million. The Council of Europe, which includes Russia in its calculations, says it is 2.8 million. Statistics do not always take into account the student population, let alone the number of undocumented Chinese immigrants in the continent.What is known is that the origin and socioeconomic profile of Chinese immigrants to Europe ...
Real estate: Romania's residential market is expected to achieve a stable development through to year end
Tuesday, June 23, 2015
After posting the first signs of growth in 2014, the local residential market is expected to achieve a stable development through to yearend. One welcome change, however, is that the market is becoming increasingly mature, raising hopes of a sustainable growth cycle ahead, argued panelists during BR’s 14th Realty event.“Buyers are more educated and ask more questions than they did in 2008, for example. They pay great attention to the ...
Evolution of the Bucharest's residential market
Tuesday, June 23, 2015
Bucharest's residential market is evolving at a steady pace in terms of the average asked prices and supply volume on the city outskirts and on the medium-premium segment (central, semi-central and north areas), according to a survey conducted by a real estate consulting ...
Cars: Dacia produces Logan motor vehicle number 1,500,000
Tuesday, June 23, 2015
Dacia Logan motor vehicle number 1,500,000 was delivered on Wednesday to a customer in Romania, who purchased it through the national car fleet renewal programme. The motor vehicle, a Logan Laureate 09 TCe, Euro 6 model, of the colour beige, was bought by a woman in Bucharest, the car maker representatives announced. The key of the anniversary vehicle ...
6,070 expensive cars were registered in Romania from January through May
Tuesday, June 23, 2015
As many as 6,070 expensive cars - both new and used - were registered in Romania from January through May, show data of the Driving Licenses and Vehicle Registration Directorate (DRPCIV) of the Interior Ministry. The figure is up 13.16 percent ...