Economic
Infrastructure: Gov't sets up SETRE Registry managed by Romanian Traffic Authority
Tuesday, September 9, 2014
The Government at its sitting on Thursday passed a Resolution to approve the methodological norms for the enforcement of the Government's urgent order no. 39/2007 on the interoperability of the electronic tariff systems aimed at the use of the road infrastructure, thus deciding to create SETRE Registry to be managed by the Romanian Traffic Authority operating within the Transport Ministry, the executive announced in a release.SETRE Registry will include SETRE ...
Trade: DTZ Echinox report: Retailers are running out of space to expand
Tuesday, September 9, 2014
Modern retail stock in Romania at the end of the first half of 2014 is of 2.787 million sq. m, Bucharest accounting for 31 percent with 875,000 sq. m, according to an analysis from DTZ Echinox. Shopping centers represent 60 percent, while ...
Telecom.IT : Samsung Romania has launched Live SMART 365 app
Tuesday, September 9, 2014
With a theater performance which put in the spotlight the company’s smart products, Samsung Romania has launched Live SMART 365 app, a collection of tips and tricks for the consumers to have more spare time, efficiency, ...
Vodafone Romania launches Supernet service
Tuesday, September 9, 2014
Vodafone Romania launched Supernet, a service that enables mobile internet customers to get increased speeds, improved stability and complete protection for their internet experience. Supernet comprises various platforms, namely UltraSpeed, Xstream, MaxProtect and SecurityPro 2.0. UltraSpeed uses a technology and architecture exclusive to Vodafone ...
Tourism : Arrivals in tourist units go up 3.7 per cent in July
Tuesday, September 9, 2014
Arrivals and overnights in tourist units in Romania went up 3.7 per cent and 4.1 per cent, respectively, in July 2014, compared with July 2013, shows data released on Monday by the National Institute of Statistics (INS).Thus, the arrivals registered in the accommodation units in July 2014 totalled 1,026,600, increasing 3.7 per cent from those of July 2013. Of the total number of arrivals, the Romanian tourists' arrivals in establishments of tourists' reception ...
Agriculture : Over two thirds of the wheat harvest is good for bakery
Tuesday, September 9, 2014
Over two thirds of the wheat harvest is good for bakery, even if the rains diminished not only the quality but the production of this year, stated for Agerpres the chairman of the Romanian Employers’ Association in the ...
Cotnari Wine House of Iasi - a success story
Tuesday, September 9, 2014
Wine is an art, either as limited edition or as the best of a cellar at a given time; it opens a world of its own, it impresses, and it expresses itself in every drop, equally warming the spirit and heart - just like the products of the Cotnari Wine House.The House project began in 2007, by setting up new vineyards of Busuioaca de Bohotin (a particular sort of muscat) and Feteasca Neagra (pre-phylloxera red) varieties. Historically, the vineyard was known for ...
Real Estate: Secure Property buys 122 flats in 4 residences in Bucharest, the third investment in Romania
Tuesday, September 9, 2014
Secure Property Development &Investment (SPDI) of Cyprus bought 122 flats in four residences in Bucharest, whose net value is estimated at 3.3 million euro, the investment company being at the first acquisition in Romania this year, with a total of over 20 million ...
In Romania, housing demand is on the rise
Tuesday, September 9, 2014
In Romania, housing demand is on the rise, say developers and real estate pundits, but new developments have stalled as banks remain reluctant to finance residential projects. The good news for prospective buyers is that prices are stagnating too, and fluctuations of less than 5 percent are likely by yearend. Average asking prices for Bucharest apartments increased by 1 percent in the first semester of the year compared to six months ago, according to data from ...
Real estate: Office space transactions total, in Bucharest, over 132,000 sqm in H1
Tuesday, September 2, 2014
Office space transactions totaled, in Bucharest, in the first six months of 2014, over 132,000 sqm, and in the rest of the country - 15,557 sqm, according to the ESOP-centralized data, through the Forum of the most important real estate consulting companies present in Romania. Bucharest aside, in H1 2014, the most office spaces were traded in Timisoara (5,532 sqm) and in Cluj-Napoca (5,190 sqm), according to an ESOP release issued on ...
Tourism : EC Representation head Filote: Integrated territorial investments in Danube Delta priority for Romania, EU
Tuesday, September 2, 2014
The European Union wants the integrated territorial investments (ITI) programme in the Danube Delta to become a success model for other state, the head of the European Commission Representation in Romania Angela Filote says.Speaking on Sunday in Tulcea (southeastern Romania), she said: 'The last thing I want to do is transmit priorities from the Commission. If you wish, the top priority is to have a real public debate, especially as ...
Romania not yet ready for decentralization of tourism classification, authorization
Tuesday, September 2, 2014
The tourism decentralization strategy drafted by the Department for SMEs, Business Environment and Tourism (DIMMMAT) is unwelcome, as it would be a change with no benefit for the industry development, the founding president of the National Association for Rural, Ecological and Cultural Tourism ANTREC Maria Stoian told Agerpres. 'Thus, the classification and authorization would not be uniform, which would result in subjective ...
Trade: Romanians exceed the British, Belgians and Russians when buying smart phones online
Tuesday, September 2, 2014
Romanians are the first in buying smart phones on the Internet, after being informed online, exceeding the British, Belgians and Russians, according to a GfK study made in the four markets, but the buying process lasts less - about 15 days. Over 55% of Romanians who seek information about smart phones on the Internet make the purchase ...
STOP.SHOP.s: A new commercial center concept in Romania
Tuesday, September 2, 2014
The Austrian group Immofinanz wants to bring a network of small size commercial centers, a concept it intended to develop before the beginning of the financial crisis. The development in the Romanian market has in view retail and logistic projects. “Our activity in Romania focuses on retail and logistic, but we plan to use a few ...
Only 8% of Romania's population uses e-commerce; European target is 47%
Tuesday, September 2, 2014
Only 8% of Romania's population currently uses e-commerce, whilst the European relevant target is 47%, said, on Thursday, State Secretary in the Ministry for Information Society (MSI) Diana Voicu, at the 'European Digital Youth Summit' (EDYS).'We need to achieve more action plans in order to increase the volume of e-commerce in Romania, from the current level of 8% to the European target of 47%.E-commerce is very important for the development of a ...
Delhaize launches grocery e-commerce in Romania
Tuesday, September 2, 2014
Belgium-based Delhaize's Romania-based subsidiary Mega Image has launched a grocery e-commerce banner in conjunction with eMAG. The Romanian grocery e-commerce market, shaped by retailers like Cora, Metro Cash & Carry and Carrefour, is one of the most competitive grocery e-commerce markets in Central and Eastern Europe, after ...
Telecom .IT: Omnilogic partners Alcatel-Lucent in Romania
Tuesday, September 2, 2014
Romanian ICT distributor Omnilogic entered into a business partnership with Alcatel-Lucent. Omnilogic will implement Alcatel-Lucent's know-how of building and operating cloud networks. Omnilogic will use Alcatel-Lucent's Nuage Networks portfolio which offers Software Defined Networking (SDN). The Nuage Network SDN technology installed in the Omnilogic data centre in Romania will enable Omnilogic to achieve the levels of performance and the compliance ...
IT, the key of economy development in Cluj
Tuesday, September 2, 2014
Cluj-Napoca is at present the most advanced and promising Romanian city in IT, only competing with Bucharest, the capital.According to a study heading 'IT&C industry in 2009 - 2010' carried out by the Computing Institute of Bucharest, Cluj County was second in this industry in 2010, right behind Bucharest, with more than 1,300 active companies, a total turnover of 1.8 ...
Infrastructure : Government wants Malay technology in Romania for highways
Tuesday, September 2, 2014
Malay companies are expected to invest in Romania in infrastructure and construction projects like highways and railroads, said Carmen Burlacu, secretary of state for global business in the Foreign Ministry during a recent visit to Kuala Lumpur. “Malaysia handles these domains very well. We would like to see Malay technology ...
Qatar Airways adds two new Doha-Bucharest flights as of October 1
Tuesday, September 2, 2014
Qatar Airways will add, as of October 1, two more Doha-Bucharest flights, the company announced. “When we add the two additional flights the route, served by a Premium A320 airplane, will offer 48 more seats for Business class and 360 for the Economic one every week,” the press release ...