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Economic
Real Estate: DTZ Study: Real estate transactions in 2014, up 4.3 times from 2013
Tuesday, April 14, 2015
Real estate transactions in Romania stood at 1.3 billion euros in 2014, up 4.3 times from 2013, according to a DTZ Research study.The retail segment was predominant, having attracted investment of 510 million euros, or ...
Cars: Turnover of trade in motor vehicles and motorcycles in January - February 2015 was by 4.9 percent higher
Tuesday, April 14, 2015
The turnover of trade in motor vehicles and motorcycles in January - February 2015 was by 4.9 percent higher expressed as unadjusted series, and by 6.3 percent up as adjusted series, compared to the same period of the previous year, shows data of the National Statistics Institute released on ...
Skoda records double digit growth in Bulgaria, Romania and Serbia
Tuesday, April 14, 2015
Skoda recorded growth in Western Europe in March and in the first quarter. In March deliveries increased 2.6 percent to 46,600 vehicles (March 2014: 45,500). In the first three months of the year, the brand’s sales increased 1.6 percent to 106,000 vehicles sold (first quarter of 2014: 104,400). Škoda’s market share reached 3.15 percent. In Skoda’s second-strongest market, Germany, ...
Agriculture: Gov't allocatted 200 million lei as support to farmers
Tuesday, April 14, 2015
Under a memorandum adopted at the Government's meeting this Tuesday, 200 million lei will be allocated as support to farmers, informs a Government release ...
Healthcare: Three regional hospitals to be built using European funds
Tuesday, April 14, 2015
Prime Minister Victor Ponta said Tuesday in Craiova that three regional hospitals to be built in Craiova, Iasi and Cluj-Napoca will be built under operational programme regional development using European funds almost identical in size on a budget each of 100 million ...
Trade: Popular Romanian biscuits brand Eugenia started selling on Amazon
Tuesday, April 7, 2015
A popular Romanian biscuits brand whose popularity dates back from the Communist period started selling on Amazon website, in the Grocery & Gourmet product category. Eugenia sandwich biscuits, made by Dobrogea Grup, can be bought online anywhere in the world. The producer has started selling on international market in 2007, and the biggest buyers are Spain, Italy, UK, USA, Canada and Germany, countries where can be found the biggest Romanian ...
Coffee brand Nespresso enters Romanian market
Tuesday, April 7, 2015
Premium portioned coffee worldwide pioneer Nespresso will launch its commercial operations in Romania in June, reads a press release. Nespresso already insourced activities linked to its professional range from an external partner in January this year. Starting with June, Nespresso will launch the Romanian version of its e-commerce website and its exclusive Customer Service hotline, while the first Nespresso Boutique in Bucharest will be ...
Big challenge for online jewelry sales in Romania
Tuesday, April 7, 2015
Most Romanians (83 percent) prefer to buy jewelry from specialized stores, while only 11 percent buy it online, reveals a study conducted by iSense Solutions. One reason behind this preference is the advice given by specialized staff in the stores, 63 percent of respondents indicating it as the main source of information for a purchase. However, 50 percent of the Romanians get informed also from websites specialized in selling ...
Real Estate: Bucharest apartment prices up 2.1 pct in March m-o-m
Tuesday, April 7, 2015
Asking prices for Bucharest apartments went up by 2.1 percent in March compared to the previous month (from EUR 1,034/sqm to EUR 1,056/sqm), but dropped by 2 percent against March 2014, according to data from online real estate platform Imobiliare.ro. The 2 percent drop was generated by a 8.3 percent decrease of asking prices for new apartments, according to the same source. Owners of old apartments (mostly properties ...
THE NUMBER OF CONSTRUCTION PERMITS RELEASED FOR RESIDENTIAL BUILDINGS INCREASED BY 2.8% COMPARED TO FEBRUARY 2014
Tuesday, April 7, 2015
? In February 2015, 2249 construction permits were released for residential buildings, a 34.3% increase compared to January 2015 and a 2.8% rise compared to February 2014. ? During the period 1.I?28.II.2015, 3923 construction permits were released for residential buildings, a 4.3% increase compared to ...
Demand for renting premium flats in northern Bucharest rose by 15 per cent in Q1 2015
Tuesday, April 7, 2015
The demand for renting premium flats in northern Bucharest rose by 15 per cent in Q1 2015, with the most traded ones having been the 3-room flats in Aviatorilor, Dorobanti, Primaverii and Floreasca areas, according to a real estate analysis.In these ...
Agriculture: 60 per cent of Romania's dairy farms, to disappear after the elimination of milk quota in the EU as of April 1
Tuesday, April 7, 2015
The elimination of milk quota in the EU as of April 1 may lead to the disappearance of 60 per cent of Romania's dairy farms, the Agrostar Federation estimates, according to a press ...
Romania, 1st in EU for the area cultivated with maize
Tuesday, April 7, 2015
Romania occupied the 1st place for the area cultivated with maize and the 2nd place for production, after France, according to provisional data for the main crops in 2014 on Tuesday published by the National Institute of Statistics ...
386 traditional products certified by the Ministry of Agriculture and Rural Development
Tuesday, April 7, 2015
The Ministry of Agriculture and Rural Development (MADR) has certified so far 386 traditional products and rejected 193 files, whilst other 42 have been recognized as products obtained after established recipes, Viorel Morarescu, Director General in MADR, has told Agerpres "We have approved 386 traditional products, have rejected 193 and are analyzing other 69 ...
Cars: Registrations of Dacia cars in France recorded a decrease by 9.8% year on year
Tuesday, April 7, 2015
The registrations of Dacia cars in France recorded a decrease by 9.8% year on year, in March 2015, to 9,292 units, whereas the registrations of all Renault cars increased by 8.1%, show the data released on Wednesday by the Committee of French Car Makers, Reuters ...
Tourism : THE TOURISTS’ OVERNIGHT STAYS IN THE ESTABLISHMENTS OF TOURISTS’ RECEPTION INCREASED BY 12.7%
Tuesday, April 7, 2015
? In February 2015, 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 9.1 % and by 12.7 %, respectively. ? Compared to February 2014, in February 2015, customs registered an increase in both the arrivals of foreign visitors of 7.6% and in the ...
Romania’s First Park Inn by Radisson Hotel to Open Q4 2015
Tuesday, April 7, 2015
The Carlson Rezidor Hotel Group recently announced that Romania’s first ever Park Inn by Radisson will open in Bucharest at the end of 2015. The new hotel will open right next to an existing Radisson Blu in the heart of the capital city, and will be part of Carlson Rezidor’s first dual-branded property in the country. Park Inn by Radisson Bucharest Hotel & Residence will feature 210 rooms and apartments, lobby lounge and bar, four ...
Infrastructure: Minister Rus: We start building bridge Braila – Galati over Danube next spring
Tuesday, March 31, 2015
Works for the bridge over the Danube, in Braila-Galati area, will start in spring 2016, said the minister of transports Ioan Rus. “There was a tender and we hope that this year will be devoted to feasibility studies, technical project, etc, so that next spring we will be able to start the project,”Rus explained. Rus recently met representatives of local authorities from Galati and Braila counties to discuss priority projects of road ...
Romania calculates the overall sum of money required for the financing of infrastructure projects
Tuesday, March 31, 2015
Romania’ s Transport Ministry has drawn up a document setting up the overall sum of money required for the financing of infrastructure projects, standing at 45.45 billion Euros, by 2030. The Romanian Government endorsed the document, which specifically includes road, railway, naval and air infrastructure projects. What comes out as extremely interesting for Romania’s drivers and not only, is the fact that the ...
Black Sea container terminals of Ukraine, Romania, Russia, and Bulgaria handled 2,610,623 TEUs in 2014
Tuesday, March 31, 2015
Black Sea container terminals of Ukraine, Romania, Russia, and Bulgaria handled 2 610 623 TEU in 2014, including empty containers, excluding transshipment.This review observes only full containers of the region – 1 854 623 TEU. Total growth reached by these five countries for the period is 0,56% compared to the same period last year.The largest increases were in Georgia and Romania. Ukraine had a decrease of turnover in the first half of 2014 and after third and fourth ...