Economic
Construction contract signed for Brasov-Ghimbav International Airport
Tuesday, November 27, 2012
A construction contract for the runway of the future Brasov-Ghimbav International Airport was signed on Sunday by the Brasov County Council and Vectra Service SRL, the winner of the tender for the works. After the runway is built, a tender will be held for the construction of a terminal, in which, as Charmin of the Brasov County Council Aristotel Cancesu says, foreign companies have already voiced interest.The runway will be 2,850 m long and 45 m ...
4.97 mln passengers choose air transport by mid-year
Tuesday, November 27, 2012
Around 4.97 million passengers chose air transport in the first six months of the year, with 650,000 of them being by carried domestic flights and 4.32 million by international flights, show figures released by the Transport Ministry.A number of 2.525 million passengers embarked on a flight at the Romanian airports, while 2.445 million disembarked.The goods flown by planes totalled 13.9 million tonnes Jan. to June, with 13.8 million tonnes ...
Tourism : Average budget for domestic tourism: 200-500 euros, 500-700 euros for foreign one
Tuesday, November 27, 2012
The average budget that Romanians are willing to spend on a domestic holiday stands between 200 and 500 euros, while that for a holiday abroad ranges between 500 and 700 euros, according to a survey by the National Association of Travel Agencies (ANAT) that was released on Monday.According to the ANAT's President Corina Martin, some 15,000 people have come to the Tourism Fair of Romania, drawn by the 'early booking' concept.For the winter ...
Infrastructure : Transport Minister: Petea-Satu Mare-Baia Mare motorway must be made with EU funds
Tuesday, November 20, 2012
Romanian Minister of Transport and Infrastructure (MTI) Ovidiu Silaghi had on Friday, in Satu Mare, (north-west), a meeting with representatives of the Hungarian Ministry of Transport, and they have reached the conclusion that the Nyiregyhaza -Petea-Satu Mare-Baia Mare motorway, a project started in 2005, must be made with EU funds.Minister Ovidiu Silaghi, along with State Secretary in the Hungarian Ministry of Transport Volner Pal, presented, in a press conference, ...
Trade : Romanians willing to pay more for electric household appliances with safety devices
Tuesday, November 20, 2012
The Romanians are worried about house safety and are willing to pay more for household appliances equipped with safety devices, 41% saying they would pay up to 100 lei more and 23% 150 lei more, a study made by Electrolux Romania shows. However, not all Romanians choose safety with thermocouple, meant to prevent accidents which could appear following interrupted gas supply, although ...
65-million-euro mall is inaugurated near Ploiesti
Tuesday, November 20, 2012
The biggest regional mall in southern Romania, Ploiesti Shopping City, was opened on Thursday, November 15, near Ploiesti (southern Romania). The over 65-million-euro investment includes more than one hundred shops and the biggest cinema outside Bucharest, with 12 projection rooms.The new mall, which is an investment made by New Europe Property Investments and Carrefour Property Romania, covers a 55,000-square-metre area arranged as a space where one can go shopping ...
Durable goods market registers 1.3 percent decline in sales in Q3
Tuesday, November 20, 2012
The durable goods market of Romania in the third quarter of 2012 registered sales of 337 million euros, 1.3 percent below the value of last year, the most significant reductions were registered both on the small appliances segment (-7 percent), and in the major household appliances (-9.9 percent), shows a GfK Temax survey released on Friday.The major household appliances sector decreased 9.9 percent compared with the same quarter of 2011, amounting to 84 million ...
Agriculture : AMB Holding: farmland's price to go up once regulations allowing plot merging take effect
Tuesday, November 20, 2012
The price of farmland in Romania will go up once the regulations allowing plot merging take effect, with prices to be similar to those in other countries of the European Union, namely 8,000 - 10,000 euros per hectare, Victor Emanuel Ciuperca, regional manager of AMB Holding, told a November 15 specialist conference.In this context, he recommended purchasing and merging as many plots of farmland as possible to the farmers and businesspeople participating in the event, ...
Eighty million euros to be invested in creating agricultural produce collection centres
Tuesday, November 20, 2012
Romania's agricultural producers will be extended 80 million euros late this November to create centres where agricultural produce will be sorted, packaged, labelled and processed, Agriculture Minister Daniel Constantin told the launch on Wednesday of a programme called 'Goodies from Romania.''We are earmarking this month a very important amount to create centres that will process, label, sort and package agricultural produce in order to support farmers. No less than ...
Cars: Romania's market of new passenger cars declines 13.4pct in October
Tuesday, November 20, 2012
Romania's market of new passenger cars declined 13.4 percent in October 2012, compared with a 4.8-percent decline in the EU market, reveal data released on Friday by the European Automobile Manufacturers' Association (ACEA).New passenger car registration in Romania this October stood at 6,782, down from 7,828 in October 2011. In the European Union, there were 959,412 new passenger cars registered in October 2012, down 4.8 percent from the similar month of 2011. ...
Dacia to release new estate wagon and pick-up models in 2013
Tuesday, November 20, 2012
Dacia automobile maker will release two new models in 2013 - an estate wagon and a pick-up, Dacia Deputy Chairman Constantin Stroe announced on Tuesday at the release ceremony of Dacia's new generation of Logan, Sandero and Sandero Stepway models.'The two Snaderos will not be alone in the world. They will be followed by an estate wagon and a pick-up,' said Stroe.He said the new Dacia pick-up will start from the Logan 2 model, instead of the Duster SUV, ...
Tourism : Half of hotel rooms in Romania are closed
Tuesday, November 20, 2012
Over half of hotel rooms in Romania- more than 50,000, have been under preservation in past years, because of the crisis, while 5,000 maids were fired, Mohammad Murad, the president of FPTR told Mediafax. In Romanian hotels there are 180,000 classified accommodations, with over 100,000 rooms. “Considering that last year the occupation degree was around 30%, hotels function at half their capacity. That is why part of the ...
German tour operator ITS Reisen promotes Romanian tourism in its 2013 catalogue
Tuesday, November 20, 2012
German tour operator ITS Reisen, part of the concern Rewe, will promote Romanian tourist destinations in its 2013 catalogue, starting with the Danube Delta, the Ministry of Regional Development and Tourism (MDRT) reports in a release sent to Agerpres on Tuesday. Next year, ITS Reisen plans to draw up a brochure on Romanian tourist destinations and products and supply it to Germany, Austria and Switzerland. The main types of tourism will target the Danube Delta, ...
TUI to bring German tourists to Romania via World of TUI operators too
Tuesday, November 20, 2012
German tour operator TUI will continue next year to promote Romania and will also bring to the country German tourists through other World of TUI operators; the most important dedicated facility is the booking system Hotelbeds that features over 200 Romanian hotels, the Ministry of Regional Development and Tourism (MDRT) announced on Wednesday.The Hotelbeds system generates a sales volume of over 1 million euros for Romania, the ministry said.'German tour ...
Telecom.IT : Romanian users pay lowest EU prices for mobile phone services
Tuesday, November 20, 2012
The telecommunications market has reduced prices for mobile phone calls by 70% in the last ten years, from 9.72 eurocents in 2003 to 3.07 eurocents in 2012. The average consumption has grown by 269% in this period, stimulating competition, the operators’ investments in networks and has functioned to the users’ benefit, said Catalin Marinescu, the president of ANCOM. The ...
Real Estate : Land in Bucharest and surrounding areas 80% cheaper since 2008
Tuesday, November 20, 2012
The price of land in Bucharest and surrounding areas has dropped by 80% since the beginning of the real estate crisis in 2008, the biggest price differences being registered for land in the western and southern areas. “Lands have been by far the most affected segments of the real estate market. Since the beginning of crisis, sales have been strongly affected, which led to the ...
Study: The top of the cheapest lands around the big cities
Tuesday, November 20, 2012
The lands for housing construction around Bucharest, Brasov, Constanta and Timisoara can be bought for a total price of almost 10,000 euro or even less, according to a study. The analysis takes into consideration the properties for sale between September –October 2012 in the adjacent cities Bucuresti, Brasov, Constanta and ...
Over 44,000 sqm of office spaces, finalized in first nine months of 2012, in Bucharest
Tuesday, November 20, 2012
The new area of office spaces finalized in the first nine months of 2012 in Bucharest stands at some 44,000 sqm, representing a decrease by only 14.4 percent from the same period of 2011, according to the latest market report of Jones Lang LaSalle.In Q3 2012, three new office projects totaling approximately 20,000 sqm were opened. The largest contribution to this area had AFI Business Park (13,700 sqm), followed by Aviatorilor Plaza (3,300 sqm) and Monolit Square ...
TOURISM: Romania pays 25,600-euro membership fee to OECD Tourism Committee in 2012
Tuesday, November 13, 2012
Romania is paying 25,600 euros in 2012 for the status of observer within the Tourism Committee of the Organization for Economic Co-operation and Development (OECD), according to a draft Government Decision posted on the website of the Ministry of Regional Development and Tourism (MDRT).Of the total annual membership fee that Romania has to pay to the OECD Tourism Committee, the sum of 10,600 euros represents the country's annual contribution and 15,000 euros is ...
Trade: Half vegetable, fruit quantity sold in hypermarkets is Romanian
Tuesday, November 13, 2012
Half the quantity of vegetables and fruit traded in the Romanian-based hypermarkets comes from the local producers and the share of the Romanian produce could get up to 90 percent, a similar level to the one in Poland's market, Minister of Agriculture and Rural Development Daniel Constantin said on opening the Romanian Produce Stand at Real AFI Cotroceni hypermarket on Sunday.'50 percent of the vegetables and fruit sold in the Romanian hypermarkets is Romanian. I ...