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Romanian tourists choose to spend small vacations not far and with an average budget of 300 euro
Tuesday, August 19, 2014
Romanian tourists choose to spend small vacations not very far away in places they can reach by car or by flights not longer than three hours, many representatives of travel agencies said.“Romanians allocate a budget of 300m euro/per person for short vacations during the year and buy tourist packages on the lats minute. That is why city breaks of 3 nights/4 days are in demand. Most people choose Rome, Verona, Paris, Vienna and London. They ...
Healthcare:Top of most expensive pharmacies and price differences for medicines
Tuesday, August 19, 2014
There are about 7,000 pharmacies in Romania. Hence the big competition among retailers in the pharmaceutical field. An online opinion poll shows that the price difference among pharmacies is up to 60% in some cases. The top of the most expensive pharmacies includes Sensiblu with prices even 60% higher. For instance a box of Ibuprofen, 600 mg, is 18 lei, while the same product is sold at 6.9 and 7.56 lei in Catena, Help Net or Dona drug stores. ...
Cars: Used cars registrations down 7 percent in 7 months (official data)
Tuesday, August 19, 2014
The downtrend of used cars registrations continues in Romania; 119,208 such cars were registered between January and July, down 7.23 percent year-on-year, according to statistics of the Driving Licence and Vehicle Registration Directorate (DRPCIV) of the Ministry of Internal Affairs.Volkswagen is still the preferred brand for used cars, with 33,479 registrations (+5.52 ...
Agriculture: EC compensation for Romanian vegetable growers, damage estimated at 10 million euros
Tuesday, August 19, 2014
Romanian vegetable growers will receive compensation from the European Commission for the loss incurred as a result of the Russian Federation's embargo on food imports from the European Union; the damage is currently assessed at 10 million euros for 22,000 tons of ...
The story of the noble wine of Dragasani (Valcea)
Tuesday, August 19, 2014
With Moldova having Odobesti and Muntenia having Dealu mare, Oltenia in its turn has an important, old and traditional wine region: Dragasani. Located in the south of the Valcea County, where 'the sun loves the most the mild hills of the Olt River meadows,' lives surrounded by worldwide awarded wine varieties.Confined to a relatively small area, the Dragasani wine region ...
Cars: Romania, ranked 4th in motor vehicle production among European emerging countries, in 2013
Tuesday, August 12, 2014
At the end of 2013 Romania was ranked 4th in the chart of emerging countries of Europe in terms of motor vehicle production, with 410,997 units, while in terms of number of employees in this industry it occupied the third place, with 117,000 persons, as reveal the statistic data of EU Cluster Observatory, recently presented within a forum devoted to the automotive and aeronautic industry, organised in Budapest.Over 3.5 million motor ...
Registrations of new vehicles, up 20 pct in July
Tuesday, August 12, 2014
The registrations of new vehicles increased in July 2014 by 20.38 pct to 8,368 units, compared with the previous months, when there were recorded 6,051 new registrations, show provisory data with the Driving Licenses and Vehicle Registration Department /DRPCIV/.In July, Dacia remained the top choice of Romanians, with 2,865 newly registered units. The following places are held by Volkswagen, Ford, Skoda and Renault, all showing a ...
Trade in motor vehicles and motorcycles in Romania, up 2.3pct in gross series, in H1, 2014
Tuesday, August 12, 2014
In H1, 2014, the turnover of trade in motor vehicles and motorcycles increased compared to H1, 2013 both as gross series by 2.3 per cent and by 2.2 per cent, when adjusted for the number of working days and seasonality, according to provisional data released by the National Statistics Institute (INS) on Friday.The development was the result of rises in the trade in motorcycles, spare parts and related accessories; maintenance and ...
New car registrations 35 pct up in July
Tuesday, August 12, 2014
The number of new car registrations was nearly 35 percent up year-on-year in July, to 10,681; in the personal car segment, the advance was 56 percent, while Dacia was still the Romanians' preferred brand, according to data published on the website of the Driving Licence and Vehicle Registration Directorate (DRPCIV) of the Ministry of Internal Affairs (MAI).Out of a total of ...
Statistics: H1 new passenger vehicle registrations up 2.6 pct y-o-y
Tuesday, August 12, 2014
Mid-2014 registrations of new passenger vehicles were 2.6 percent higher year-on-year, standing at 134,378 units, shows data released on Tuesday by the National Statistics Institute (INS). There have been 72,567 new passenger vehicle registrations in Q2 2014 and 61,811 in Q1, respectively. New registrations of goods vehicles in H1 2014 stood at 41,155 units, up 9.4 pct from the 37,632 units reported in mid-2013.In Q2 2014 new registrations ...
Tourism : The Praid salt mine - relaxation and healing from inside the earth
Tuesday, August 12, 2014
120 meters underground, in a decommissioned gallery of the Praid salt mine, nearly six thousand people are taking care of their health or enjoying relaxing moments. To reach the Praid salt mine treatment area, a tourist landmark in Romania, you have to take the bus for 1,250 meters, to an area where a world of fantasy opens up to visitors. The light reflected off the walls of salt and the visitors' discrete voices create the feeling of an intimate space where ...
Telecom.IT: Orange Romania offers Samsung Galaxy Tab 3 8.0 4G
Tuesday, August 12, 2014
Orange Romania started selling the Samsung Galaxy Tab 3 8.0 4G, the first tablet available in its Best Deal offer. In addition, through the Buy-Back 4G offer, customers who bring their old smartphone may acquire the tablet at the price of EUR 0 along with a Colibri Explore 25 subscription. The Samsung Galaxy Tab 3 8.0 is compatible with Orange 4G technology. Orange recently launched Samsung Galaxy Tab 4 10.1, which is also compatible with 4G. In ...
Toshiba plans to sell 10,000 tablets in Romania in 2014
Tuesday, August 12, 2014
Japanese group Toshiba plans to grow on the Romania tablet market through tablets which run Windows 8 OS, writes local paper Ziarul Financiar citing Toshiba Romania representatives. Toshiba's plan is to reach 10,000 sold units at the end of 2014, that is 5 times more than in 2013. Toshiba will mainly focus on tablets that are powered by ...
Romania PC sales to reach 700,000 units in 2014 - Lenovo
Tuesday, August 12, 2014
Romania's PC market may reach 700,000 units sold by the end of 2014 provided the growth trend seen in the first half keeps up, writes local paper Ziarul Financiar citing the country manager of Lenovo Romania, Bulgaria and Moldova, Aurel Netin. In 2013, PC sales dropped by 7 percent to 630,000 units, while tablet sales rose three times compared with 2012 to over 500,000 units. In 2008, the PC market in Romania was estimated at approximately 1 million units. In the second ...
Trade: Romania, second in EU by June growth in retail trade
Tuesday, August 12, 2014
Romania's retail trade turnover increased 10 percent in June compared to the same period of 2013, in what represents the second largest increase in a EU member country after Luxembourg (12.9 percent), shows data released on Tuesday by the European Statistical Office (Eurostat). The retail trade rose 2.4 percent in the euro area and 2.5 percent in the EU 28. The 2.5 percent increase in retail trade in the EU is due to the rise by 3.5 ...
Real estate: Nepi raises R1.14bn for Romanian mall projects
Tuesday, August 12, 2014
NEW Europe Property Investments (Nepi) announced it had completed another oversubscribed book build as it raised equity of about R1.14bn to finance projects in Romania where it owns shopping malls. Nepi is part of the Resilient stable of ...
Sanofi moves into Green Court; first tenant of B building
Tuesday, August 12, 2014
Skanska, developer of Green Court, announced on Monday that the first tenant of the newly opened B building will be Sanofi Romania. The pharmaceutical company leased 2,200 square meters of office space and the move to its new headquarters will take place in Junes 2015. Sanofi was represented by Jones Lang LaSalle in the deal. At the moment, Skanska has already leased 19,000 square meters ...
Immofinanz's rental income down 2.3 percent yoy
Tuesday, August 12, 2014
Immofinanz posted rental income of EUR 47.1 million from its properties in Romania, in the fiscal year ended April 30, down 2.3 percent year on year“At the end of fiscal year 2013/14, rental income decreased slightly, to EUR 47.9 million (compared to the previous period when they totaled EUR 49.5 million) and represent 9.5 percent of total rental income for the group. ...
H1 investments in Romanian real estate 432 million euros (analysis)
Tuesday, August 12, 2014
The investments in the Romanian real estate market in the first half of 2014 amounted to 432 million euros, the highest figure since 2008, according to an estimation mentioned in a Jones Lang LaSalle (JLL) report including the office, industrial, retail and hotel spaces.'We expect this volume to grow significantly by the end of the year, nearing to pre-crisis levels, as negotiations are in progress for several important projects. ...
Q2 contracts for Bucharest office spaces 67,000 square meters, up 14 pct (analysis)
Tuesday, August 12, 2014
The total office space contracts in the second quarter of 2014 in Bucharest covered roughly 67,000 square meters, up 14 percent year-on-year, according to a report of Jones Lang LaSalle (JLL) on Friday. The new demands of office spaces, including new contracts, extensions and pre-rentals exceeded 53,627 square meters, while renegotiations accounted for 13,401 sqm. The biggest deals in Q2 were the pre-rental by Orange of 13,700 sqm in ...