RSS
Economic
Real Estate: Number of houses increases by 793 in first six months
Tuesday, September 10, 2013
The number of houses that were finished in the first half of the year was 16,859, up by 793 from the same time span of 2012, according to the data published by the National Institute of Statistics (INS) on Tuesday.In the second quarter of this year the number of houses came up to 9,177, down by 27 houses from the second quarter of 2012. By residence areas, in the ...
Infrastructure: PM Ponta unhappy with how motorways are built, sought governing for this reason too
Tuesday, September 3, 2013
Prime Minister Victor Ponta said on Wednesday that he is dissatisfied with how motorways are being built in Romania, which is also the reason why he sought to come to power.'I'm not happy with how motorways are built in Romania and that's why we took power. I want to show that the Comarnic - Brasov and Pitesti - Craiova [sections] and the southern ring road can be done, and that's why we took over at the helm. Had I been satisfied, we ...
Highways in Romania, three times more expensive than in Bulgaria, price variations higher than in region
Tuesday, September 3, 2013
The highways built in Romania in plain areas are three times more expensive than in Bulgaria, according to a recent review of the Competition Council. The difference between the minimum and maximum costs for highways built in plain areas is higher in Romania than in Poland and Bulgaria, according to the Council, which advises the authorities to avoid addenda to highway ...
Real Estate: Honeywell extends lease, takes up more space in Bucharest’s Upground Offices
Tuesday, September 3, 2013
American company Honeywell recently renew its lease in the Upground Offices in the Pipera area of Bucharest, where it also took up an additional 3,000 sqm, ending up with a 11,000-sqm office space in the compound. The lease was brokered by Jones Lang LaSalle, which announced the deal. Upground Estates is the property of RREEF Real Estate, which is part of the German group Deutsche ...
Five companies renew leases, some expand HQ in Bucharest’s West Gate office compound
Tuesday, September 3, 2013
Five companies which occupy 20 percent of the West Gate office compound in the western part of Bucharest recently renewed their leases by five to ten years, and some of them chose to expand within the same compound. Siemens, Panasonic, Accenture, WNS and PPD România, all existing tenants in West Gate, will continue to have their headquarters in the compound, where their occupy some 15,000 ...
With only three deals, real estate investment volume goes up by a third six months into 2013 in Romania
Tuesday, September 3, 2013
The real estate investments volume in Romania was up by a third in the first half of this year in Romania on the same part of 2012, to some EUR 79 million, according to real estate brokers CBRE Romania. This was only a small portion of the total investment volume in the region – EUR 4.5 billion, up 61 percent on the first half of ...
Trade:Gorenje aims to sell 4,000 fridges in Romania this year
Tuesday, September 3, 2013
Home appliances producer and importer Gorenje wants to sell at least 4,000 fridges in Romania this year, after recently launching a new line of fridges. With white goods accounting for 70 percent of the company’s sales in Romania, fridges cover 15 percent of this segment.The new line, called ION Generation, sells for prices starting at some EUR 300, and promises to keep food fresh for a longer ...
IDC : Sales of tablet PCs will be lower than estimated
Tuesday, September 3, 2013
Tablet PCs will be intensely challenged by other mobile devices such as smartphones and portable computers, according to the market research company IDC which reduced the estimate regarding global sales for this category of products for this year. IDC anticipates that tablet PCs sales will get to 227,4 million units, under the initial estimate of 229.3 ...
Telecom.IT: GfK Romania: Internet with 53% national coverage in April
Tuesday, September 3, 2013
The Internet reached a national coverage of 53% in April 2013 at urban level, 63% among people over the age of 15, according to the FutureBuy study made by GfK Romania. According to the study made on a representative sample for the urban population using the Internet, aged between 15 and 45, 70% of the people interviewed declare that the Internet has become a very useful shopping instrument, while 44% say social networks have become as important as ...
ANCOM suggests lower telephone connection fees as of January 2014
Tuesday, September 3, 2013
The highest fee for fixed telephones could drop from 0.67 eurocents/minute to 0.15 eurocents/minute, while the highest fee for mobile phone calls will drop from 3.07 eurocents to 0.86 eurocents/minute as of January 2014, according to ANCOM. These highest fees will become compulsory for all network suppliers in Romania, 51 fixed network ...
Cars: Second hand car imports exploded in July
Tuesday, September 3, 2013
Second hand car imports reached in July the highest level of the past three years, with an overall volume of 26,800 units, on the rise by 72% compared to the similar period of 2012, according to data supplied by DRPCIV. The Association of Car Producers and Importers estimated last month that the second hand car import increase rate would drop once the environment stamp came into force in ...
New Dacia Duster to be presented at Frankfurt Motor Show this September
Tuesday, September 3, 2013
Romania’s car maker Dacia recently published photos of the new facelift version of the Duster SUV, which will be presented, in premiere, at the Frankfurt Motor Show this September. However, Dacia didn’t show any photos with the car’s interior. “Without losing ...
Agriculture: WWF: Area of productive soil needed for Romania’s population exceeds what natural environment can offer
Tuesday, September 3, 2013
The area of productive soil needed to produce goods and resources consumed by Romania’s population is now 2.7 ha of land and water/capita, exceeding what the natural environment of the planet can offer, according to the “Live Planet” report made by World Wide Fund of Nature (WWF) in partnership with Global Footprint ...
Tourism: Romanians rank 11th in top of nights spent in Vienna
Tuesday, September 3, 2013
Romanian tourists spent over 3,8 million euro in the first 5 months of the year on accommodations in hotels and pensions in Vienna, ranking 11th in a top of nights spent in Austria’s capital, Wien Tourismus association shows. Between January and June there were 50,365 people who went to Vienna and spent 103,823 nights. That means a ...
Cars: New motor vehicle sales hit 14-month high this July
Tuesday, August 27, 2013
New motor vehicle sales in Romania hit a 14-month peak of 8,028 units in July, shows data released on Friday by the Association of Automotive Manufacturers and Importers (APIA).'From December 2011 till July 2013, the only month when motor vehicle sales by local dealers saw a higher figure was May 2012. However, seven months into 2013, total deliveries to the market (cars plus commercial vehicles) slipped 14% ...
New Ford B-MAX, manufactured in Craiova -bestselling European compact MPV
Tuesday, August 27, 2013
The new Ford B-MAX, manufactured in Craiova (246 km southwest of Bucharest) was the bestselling compact mono-volume on the European market, in the first half of 2013, at a market quota of 15.6 percent, in its segment, reads the Ford analysis conducted based on the car registrations data collected by Polk.'European clients bought over 38,000 B-MAX compact mono-volumes during the first six months of 2013, and the ...
Trade: IT market records 2.7 pct growth, up to 88 m euros, in Q2 2013
Tuesday, August 27, 2013
The domestic IT market recorded a slight growth in the second quarter of the year, of 2.7 percent, compared with the same interval last year, up to 88 million euros, showed a GFK Temax Romania market research study.‘The media tablets managed, through a diverse offer, to gain ground in the IT sector, with a wide range ...
Romanian durable goods market goes up 4.3 percent in S1, to almost 700 million euros
Tuesday, August 27, 2013
The durable goods market of Romania went up 4.3 percent in the first six months of this year compared with the same period of the previous year, reaching 699 million euros, shows the GfK Temax Romania survey.This market increased 4.7 percent in the second quarter of 2013 compared with the same quarter of ...
Romania reports 326-million-euro surplus in Q1, 2013 furniture trade
Tuesday, August 27, 2013
Romania has reported a 326-million-euro surplus in its furniture foreign trade in the first quarter of 2013, according to a monthly statistical bulletin recently released by the National Statistics Institute (INS).Thus, FOB furniture exports reached 408.8 million euros, up 12.3 per cent from the similar period of the year before. CIF imports increased by 6 per cent from Q 1 , 2012, to 82.8 million ...
Romania imported 10,879 tonnes of chocolate and other cocoa-based products in Q1 2013
Tuesday, August 27, 2013
Romania imported 10,789 tonnes of chocolate and other products based on cocoa in the first quarter of 2013, according to provisional data published on the website of the Ministry of Economy.The quantity grew by 11.7 percent compared with the same period in 2012. As regards the value of the 10,879 tonnes, it exceeded 34.7 million euros, representing a 10.23 growth on Q1 2012.According to a survey ...