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Infrastructure: The Ungheni-Iasi - Targu-Mures motorway, included in the road transport master plan
Tuesday, January 27, 2015
The Government has included the Ungheni-Iasi (northeastern Romania) - Targu-Mures (centre) motorway in the road transport master plan to be sent to the European Commission, Prime Minister Victor Ponta announced on Friday. He mentioned that works might begin at the earliest in 2016. Ponta said the plan was to secure full financing ...
Healthcare: Government approves extension of project with EIB on rehabilitation of health system
Tuesday, January 27, 2015
The government approved the extension by a year, until 31 December 2015, of the project carried out based on a financing contract with EIB for the rehabilitation of the health sector, as well as increasing Romania’s contribution to the project by 4.6 million euros, said Corneliu Calota, the spokesperson for the government at a briefing at Victoria Palace. “The government adopted a decision approving amendment ...
Tourism : Bucharest HoJo becomes Sheraton hotel
Tuesday, January 27, 2015
Starwood Hotels & Resorts Worldwide Inc announced it would introduce the Sheraton brand on the Romanian market after signing a franchise contract with S.C. Grand Plaza Hotel S.A., the owner and the company operating the Grand Plaza Hotel in Bucharest. The hotel was operating until now under the Howard Johnson brand. The franchise contract with S.C. Grand Plaza Hotel S.A marks the start of the rebranding process of the ...
Slight increase in number of visitors to Danube Delta
Tuesday, January 27, 2015
The number of visitors to the Danube Delta that have paid entry permits to the Reserve rose slightly compared to past years, according to official data provided by the Danube Delta Biosphere Reserve Administration (ARBDD). "The number of entry permits to the Danube Delta issued by the ...
Simona Man (ANT): Over half a million German citizens visited Romania, in 2014
Tuesday, January 27, 2015
Over half a million German citizens visited Romania in 2014, having benefited from tourism services offered by the business operators in this field, said the National Authority for Tourism (ANT) President Simona Allice Man, according to a Monday's press release The ANT president ...
Real estate: Third quarter of 2014 compared with third quarter of 2013 : House prices up by 0.5% in the euro area, up by 2.3% in the EU
Tuesday, January 27, 2015
House prices, as measured by the House Price Index (HPI), rose by 0.5% in the euro area and by 2.3% in the EU in the third quarter of 2014 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union. Compared with the second quarter of 2014, house prices rose by 0.6% in the euro area and by 1.1% in the EU in the third quarter of 2014. House price developments in the EU ...
Orange Romania relocates half of its employees in Green Court
Tuesday, January 27, 2015
Orange Romania has relocated 1,630 of its local employees in the first building of Green Court, an office building developed by Skanska in northern Bucharest. Orange has leased 13,700 sqm available on eight floors. The new office features special areas for meetings, trainings and ...
Cars: Dacia exceeds threshold of 500,000 vehicles sold worldwide
Tuesday, January 27, 2015
Dacia exceeded the threshold of 500,000 vehicles sold worldwide in 2014, and in Romania it recorded higher sales, thus having consolidated its leading position on the car market, with a share of over 31%, Jan Ptacek, the CEO of Renault Commercial Roumanie, announced early last week. '2014 ...
Telecom.IT: 783 Romanian localities to connect to the Internet by the end of 2015
Tuesday, January 20, 2015
The distribution network that will connect 783 Romanian localities to the Internet by the end of 2015 will have a length of about 4,900 kilometers, the Ministry for Information Society (MSI) announced in a release on ...
Facebook in Romania grows to 7.6 mln users
Tuesday, January 20, 2015
The number of Romanian accounts on Facebook has reached 7,6 million, up 8.6 percent year on year. 1,48 million of them live in Bucharest, according to facebrands.ro, the local Facebook monitoring service. “Out of 7.6 million users, 6.74 million (88.7 percent) have selected location for their profiles”, according to Facebrands.ro. Cluj-Napoca, Iasi, Timisoara and Constanta are next in line with over 200,000 Facebook ...
Trade: Jumbo will open three stores in Romania, at Arad, Ploiesti and Pitesti
Tuesday, January 20, 2015
The Greek toy retailer Jumbo will open this year three stores in Romania at Arad, Ploiesti and Pitesti and will have a network of seven stores in the local market where it recorded sales of 9 million euros in the fiscal year 2013/2014. The first Jumbo store in Romania, with an area of 13,000 square meters opened in October 2013 in Timisoara in the northern part of the town . The second store of 14,000 sq.m. Was ...
85 - 90% of the alcoholic beverages market are not controlled by public healthcare authorities
Tuesday, January 20, 2015
Over 85 - 90% of the alcoholic beverages market is represented by distilled spirits which are not controlled by public healthcare authorities and their contents of heavy metals and other toxic chemical compounds is high, according to the data supplied by the 'Vinrom' Association of Alcoholic Beverages' ...
Cars: Mazda sales grew by 33% in Romania last year
Tuesday, January 20, 2015
Deliveries of the Japanese car manufacturer Mazda in the Romanian market grew by 33% last year to 803 units, the best sold model being the SUV CX-5. Mazda maintained its two figure increase in the local market last year, the advance being achieved by the three new models in the portfolio - CX-5, Mazda 3 and Mazda 6. The best sold models remained CX-5 with 351 units and a sales increase by 39%. Mazda 3 and Mazda 6 models ...
The turnover of the trade in motor vehicles and motorcycles increased, in the first 11 months of 2014 by 2.4%
Tuesday, January 20, 2015
The turnover of the trade in motor vehicles and motorcycles increased, in the first 11 months of 2014, compared to the similar period in 2013, both in unadjusted terms as well as in terms adjusted to the number of working days and seasonality, by 2.4% and 2.7% respectively, according to the data released on Wednesday by the National Institute of ...
Infrastructure: Company owned by Vinci French group modernizes streets in Pantelimon with 11 million euros
Tuesday, January 20, 2015
Pantelimon town hall in Ilfov county signed a contract of 50 million lei (11.1 million euros), VAT included for the modernization of road infrastructure with the company Viarom Construct, owned by the French group Vinci.The contract was won in open tender where six offers had been presented. The works include the rehabilitation and modernization of the road system of 29 km and rain sewerage on 19 ...
Airport traffic grew by 8.8% in 2014 to record level of 8.32 million passengers
Tuesday, January 20, 2015
Air traffic on the two Bucharest airports grew by 8.8% last year to the record level of 8.32 million passengers, while the number of airplane movement grew by 6.3% to 102,048 landings and take-offs, CNAB informed. “The evolution of the number of passengers on the two airports of the National Airport Company Bucharest (CNAB) exceeds the general tendency registered at European level, ” shows a press release of ...
Cernavoda-Constanta section of Sun Highway will be financed by the European Commission
Tuesday, January 20, 2015
The European Commission decided recently to cover construction costs for the Cernavoda-Constanta section of Sun Highway, initially financed by the Romanian state by loan. By this decision signed by the commissioner for regional politics, Corina Cretu, the Romanian state benefits from 305.7 million euros from the Cohesion Fund, an amount covering 85% of construction costs for the 51.3 km of highway commissioned in 2012. To ...
Transport Ministry: Romania to finish 250 km of highway in the next two years
Tuesday, January 20, 2015
Romania’s highway network, currently 700 km in length, will be extended by another 50 km this year and 200 km in 2016, according to Ioan Rus, minister of Transport. The official also said on Tuesday that the necessary financing for highway projects will be EUR 30 billion by 2030, writes Mediafax. “At this moment, we have a little under 700 kilometers of highway. By 2016, we will surely finish and be able to ...
Romania's Blue Air to establish Larnaca, Cyprus base
Tuesday, January 20, 2015
Blue Air (Romania) (0B, Bucharest Otopeni) is ...
Real Estate: Office renting grew by 5.57% in Bucharest and over 60% in the big cities of the country
Tuesday, January 20, 2015
The offices surfaces traded last year in Bucharest and the main cities of the country was almost 346,000 square metres with 9.9% higher than in 2013 with an advance of only 5.57% in the capital city and 61% outside,according to the data sent by the Esop Consulting ...