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Real estate: Romania's real estate market is now entering a sustainable growth period

Tuesday, February 24, 2015

After a record year for Romania's local real estate sector in 2014, the market is now entering a sustainable growth period, said Ilinca Paun, managing director of Colliers International Romania during the launch of the firm’s annual market report. “2014 was a record year and we passed a tipping point. We are now going up on the curve of a new growth cycle,” she said. This will continue to be fueled by improving economic ...

Healthcare: Regina Maria seeks JCI accreditation for entire Romanian network

Tuesday, February 24, 2015

Baneasa Hospital in Bucharest is the first hospital in Romania to achieve international JCI accreditation.The hospital is part of the local Regina Maria private health network. Regina Maria is one of the largest private health companies in Romania. It operates 21 ...

Private Health care company to invest 5M EUR in Romania

Tuesday, February 24, 2015

Private healthcare company Regina Maria will invest this year over EUR 5 million in expanding its network in cities where it is not present, such as Iasi, and estimates a 20 percent increase in turnover to EUR 67 million.“Last year we strengthened our presence in Bucharest, Cluj, Constanta, we have invested in equipment and opened a clinic in Craiova, as it was an opportunity for us. This year we will expand in other cities where we are not present. For the ...

Infrastructure : Six airlines, interesting in some future contracts with "Traian Vuia" Timisoara International Airport

Tuesday, February 24, 2015

  Six airlines - Turkish Airlines, Etihad Airways, Vueling Airlines, Air Europa, Alitalia, Thomas Cook - tour operators and representatives of tourism officials from several countries have ...

Cars: Registrations of new cars drops by 2.7 pct in January

Tuesday, February 24, 2015

The registrations of new cars in Romania dropped by 2.7 percent in January compared to the same month of 2014, to 4,978 units, while 30,280 Dacia cars were delivered last month, which meant a 7.4 percent increase.Also, the domestic carmaker’s market share maintained at 3 percent in January, according to the statistics of the European Car Makers’ Association (ACEA), quoted by Agerpres.The registrations of Dacia cars in Europe amounted, in ...

National auto production jumped by 3.2 percent in January

Tuesday, February 24, 2015

The national auto production jumped by 3.2 percent in January up to 33,834 cars, while auto sales grew by 15.4 percent up to 5,535 units over the same month as compared to last January, show statistic figures made public by the Association of the Auto Producers and Importers on ...

Sales of Dacia cars in EU, up 7.4 percent, in January

Tuesday, February 24, 2015

The sales of Dacia cars recorded, last month, a solid increase in Europe (EU plus EFTA), and the market share of the domestic carmaker maintained at 3 percent, according to the statistics of the European Car Makers' Association (ACEA). The registrations of Dacia cars in Europe amounted, in ...

Tourism : First Romanian Wine Spa opens in Oradea

Tuesday, February 24, 2015

Ramada Hotel from Oradea, Bihor County, has just opened an exclusive wine spa, using  vinotherapy. This method drains the secrets of grapes into surprising treatments meant to cleanse, detoxify and nourish, while preventing aging.   The construction of the new spa was finished at the end of 2014, at the seventh ...

Agriculture: Romania could reach the first positions in EU regarding the ecologically certified agricultural areas

Tuesday, February 24, 2015

Romania could reach the first positions in the European Union as regards the ecologically certified agricultural areas, given that the new National Programme for Rural Development (PNDR) took into consideration the introduction of an additional financial ...

Tourism: Prince Charles brought several Asian, South-American and African tourists to Romania

Tuesday, February 17, 2015

The tourists from North and South America, Asia and Africa were more by 30% than last year to Romania, but the Europeans occupy 92% of the total. Bucharest and the big cities being the main attractions, while the seaside gets only 1.6% of the foreign tourists, and the Delta gets only ...

Seaside and Danube Delta, promoted at the International Mediterranean Tourism Fair

Tuesday, February 17, 2015

The number of Israeli tourists that will arrive this year at the Romanian seaside by charter flights will double to over 3,000, Corina Martin, President of the Seaside - Danube Delta Association (ALDD), announced in Tel Aviv, after the official opening of the International Mediterranean Tourism Fair - IMTM.The ALDD is promoting the seaside resort of Mamaia typically in Tel Aviv, from February 10 to 12, in outfits making visitors think of exotic holidays on the ...

Trade: Ecommerce in Romania grew to 1.1 billion euros in 2014

Tuesday, February 17, 2015

  The online retail industry in Romania generated sales of more than 1.1 billion euros in 2014. When looking only at products and not services, plane and show tickets, holidays and travel, that is. The ecommerce market in Romania doubled in size last year, compared to 2013. The industry was then worth about 600 million euros.   We stumbled ...

Cars: Turnover of the trade in motor vehicles and motorcycles increased in 2014 by 1.7%

Tuesday, February 17, 2015

The turnover of the trade in motor vehicles and motorcycles increased in 2014 by 1.7% in unadjusted terms compared to the previous year, whilst the turnover of the market services provided to the population saw an increase by 0.9%, show the provisional data made public on Tuesday by the National Statistics Institute /INS/. In 2014, ...

Infrastructure: General Transport Master Plan is ready to be approved

Tuesday, February 17, 2015

  The Government is set to approve the General Transport Master Plan this week, following by March 15 to send it to the European Commission and then proceed with the implementation stage, Transport Minister Ioan Rus stated on Tuesday, after his meeting with the members of the Joint Committee on Transportation of the ...

Transport minister: Current Comarnic-Brasov motorway project must be restructured

Tuesday, February 17, 2015

Transport minister: Current Comarnic-Brasov motorway project must be restructured   The project of the motorway linking Comarnic to Brasov (north of the capital) will go on if the authorities manage to restructure it, namely to find a financial model to be more efficient for the Romanian budget, in the achievement of which such international financial institutions as the EIB and the EBRD should take part, ...

Real estate: Timisoara has biggest projects for industrial areas under construction

Tuesday, February 17, 2015

Timisoara has the largest industrial areas in construction - 65,300 square meters in two projects whose delivery is scheduled for the first part of the year, while in Bucharest developers do not have such investments, Cushman & Wakefield show.   “Deliveries in Timisoara will not affect the occupation rate for the town stock, considering that both projects have been pre-leased, one by Continental and the other one ...

Healthcare: Pharmaceutical market in Romania: number of pharmacies in Bucharest and the country and heir business value

Tuesday, February 17, 2015

Pharmaceutical retail in Romania, represented by over 8,200 drug stores grew last year by 1.7% compared to 2013, to 10.5 billion lei (2.4 billion euros) according to estimates made by market research company PMR, which foresees an increase of 4.3% this year.   The total number of pharmacies remained relatively constant last year. According to data from the Health ministry, most pharmacies are found in Bucharest (about ...

Agriculture: Commercial excess of foodstuff was over 541 million euro in 11 months of 2014

Tuesday, February 17, 2015

Romania exported foodstuff of about 5 billion euros, in the first 11 months of 2014, which determined the increase of commercial excess by 80% to 541 million euros, according to data supplied by the Ministry of Agriculture and Rural Development. (MADR)   “After the first 11 months of 2014, the commercial excess of Romania’s exchanges of foodstuff grew to 541 million euros, being by 239.9 million euros higher ...

Agriculture: State aid for the diesel fuel used in agriculture in Q4 2014 will be paid to farmers by June 30

Tuesday, February 10, 2015

The state aid for the diesel fuel used in agriculture in Q4 2014 will be paid to farmers by June 30, 2015, within the limit of the approved budget of 162.7 million lei, according to the data released by the Agency for Payments and Intervention in Agriculture ...

Processing units collected cow's milk, in 2014, up by 12.8% from 2013

Tuesday, February 10, 2015

Processing units collected, in 2014, from agricultural holdings and collection centres, 995,375 tonnes of cow's milk, up by 12.8% from 2013, show the data released on Monday by the National Statistics Institute ...

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