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Romania’s real estate market may see a dip in 2021
Tuesday, March 16, 2021
The volume of investments in Romanian commercial real estate assets may see a dip in 2021, as some buyers may remain on the sidelines amid a lack of clarity about the future revenue stream, according to the 2021 annual report released by real estate consultancy firm Colliers. The firm's consultants foresee a total volume for commercial real estate transactions of over EUR 0.5 billion (down from EUR 0.9 ...
Infrastructure: Technical preparation of Ploiesti- Brasov highway starts
Tuesday, March 16, 2021
Catalin Drula, the minister of transports, announced that he started the technical preparation of Ploiesti- Brasov highway (A3), which should be without problems in point of technical documentation and land studies. Catalin Drula pointed out that in critical areas where traffic is very busy (Comarnic and Busteni beltways) and Ploiesti-Comarnic he asked that documents should be delivered in ...
Brasov International Airport may be ready for opening this year
Tuesday, March 16, 2021
The international airport in Brasov, central Romania, will be ready to open this year as the works at the terminal are nearly ...
Two regular flights to Italy to be operated from Arad International Airport
Tuesday, March 16, 2021
Two regular flights to Italy, to Forli and Perugia, respectively, will be launched from the Arad International Airport, starting in June, the representatives of the Arad County Council and a Greek operated announced on last Wednesday.The head of the Arad County Council, Iustin Cionca, told a press conference that the Arad - Forli and Arad - Perugia routes will be launched on June 4 and the flights will be scheduled on Mondays and Fridays."The ...
Wizz Air announces three new routes from Romania to Greece
Tuesday, March 16, 2021
Wizz Air has announced three new more flights from Romania to Greece. So, the low cost airline will connect Cluj-Napoca to Zakynthos and Mykonos and Iasi to Santorini, with two flights on a weekly basis to be operated starting June 11. Fares start at 189 RON/ 39.99 EUR and tickets are already available online ...
Cars: Dacia to open preorders for first electric model, prices between 16,800 and 18,100 Euro
Tuesday, March 16, 2021
Automobile manufacturer Dacia announced on Wednesday that it ill open, starting with March 20, preorders for its first electric model, which will be sold in Romania with prices between 16,800 and 18,100 Euro."Starting with March 20, Dacia will open online preorders for its "Comfort Plus" version of its first electric model. It will be available for the unbeatable price of 18,100 Euro (VAT included). Dacia Spring holds an electric engine of 33 KW (45 HP), ...
Tourism: Three cultural-tourist routes developed at national level, acknowledged by Economy Ministry
Tuesday, March 16, 2021
Three cultural-tourist routes developed at national level - “From Bucharest to Bucegi mountains”, “Wallachian Princely courts”, “Brancoveanu Road from Bucharest to Sambata de Sus and Fagaras”- were acknowledged following an analysis made by specialists in the field of tourism from the Ministry of Economy, Entrepreneurship and Tourism.The suggestion was made by the president of Dambovita County Council, Corneliu ...
Transaction volume of hotel stock in Romania dropped by 87% last year
Tuesday, March 16, 2021
The hotel market in Bucharest, strongly affected by the impact of the Covid 19 pandemic, continues to be attractive for operators who want to extend their hotel network, although the volume of transactions with hotel stock dropped by 87% in Romania last year, according to a specialized study made by a real estate consulting company. “In CEE and SEE regions, Prague, Budapest, Warsaw and ...
ANAT: Romania can adopt Greek model to reopen tourism
Tuesday, March 16, 2021
The National Association of Travel Agencies (ANAT) welcomes Greece's initiative to reopen tourism season as of May 14 and considers that this should be a model for Romania as well.According to an ANAT release, specialized protocols can be created also in Romania for each activity and thousands of employees can be trained, under the responsibility of the Ministry of Economy, Entrepreneurship and Tourism, in cooperation with other ministries and state ...
Trade: Searches for online deliveries grew by 58% in Romania, last year
Tuesday, March 16, 2021
Searches for online deliveries made by Romanians grew in 2020 by 58% against the previous year, with peaks of 200% in certain periods of time, such as April, according to an analysis presented by Google Romania representatives, on Thursday at an online conference. According to company data, terms with the greatest advance, in the delivery category were: delivery, home food delivery or online purchases ...
Telecom. IT: ANCOM: Budget incomes from sale of entire 5G spectrum may exceed 3.6 billion lei
Tuesday, March 9, 2021
State budget incomes resulting from the sale of the entire 5G frequency spectrum may exceed 3.6 billion lei (720 million euros), calculated at a total starting price of 2.5 billion lei, as mentioned in the 2021 draft budget law, said Eduard Lovin, the National Authority for Management and Regulation in Communications (ANCOM) vicepresident. The official also mentioned that the ...
Research minister on electronic ID: It will probably be available in August
Tuesday, March 9, 2021
Minister of Research, Innovation and Digitization Ciprian Teleman said on Tuesday that the electronic identity card will probably be available in August, which will offer the possibility of electronic signature."These legislative steps, such as the adoption of the regulation on remote identification, are being legislated in Parliament, so we can be optimistic that in August we will be able to benefit from this new identity card, which will have a dual role: ...
Cars: REVEAL MARKETING RESEARCH STUDY ON THE PERCEPTION OF ROMANIANS AGAINST THE USE OF ELECTRIC OR HYBRID CARS
Tuesday, March 9, 2021
In 2019, international data showed that private cars pollute the most by emitting 60.7% of total carbon dioxide ...
Almost 40% drop in new vehicle registrations in Romania, in first two months
Tuesday, March 9, 2021
Roughly 13,000 new vehicles were registered in Romania during the first two months of the year, dropping by 39.5% from the same period in 2020, while the used automobile category has registered a recoil of 10.1%, to up to 64.741 units, according to the data from the General Directorate for Driving Licenses and Car Registration (DRPCIV), quoted by the Automotive Manufacturers and Importers Association (APIA).According to the official statistic, at the level of ...
Tourism : Significant drops recorded in arrivals, overnight stays in accomodation units in Romania, in January
Tuesday, March 9, 2021
Compared to the corresponding month of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation decreased by 39.6%, while the overnight stays decreased by 43.9% in January 2021. Compared to January 2020, in January 2021 customs registered a decrease in the arrivals of foreign visitors of 59.0% and a decrease of 63.1% ...
Infrastructure: CFR SA invests 22.1 million lei for repair works on four railway units
Tuesday, March 9, 2021
The National Railway Company CFR SA will invest 22.1 million lei from budgetary funds for repair works on three bridges situated in the county Sibiu and Harghita, repairs at the Sibiu railway station platform by replacing the rail apparata and extend the pedestrians’ subway. According to a press release of the railway company, sent on Friday,the Regional Branch CF Brasov launched the bid for the execution of repair works ...
Blue Air introduces 15 new routes in 2021 summer schedule, taking off from Cluj
Tuesday, March 9, 2021
Blue Air will introduce 15 new routes in the 2021 summer schedule that will connect Cluj with key destinations in Europe, according to a company release sent on Monday.The new destinations that will be operated from Cluj are: London Heathrow, Milan Linate, Amsterdam Schiphol, Barcelona, Burgas, Brussels, Constanta, Dublin, Hamburg, Cologne, Larnaca, Madrid, Paris Charles de Gaulle, Rome and Stuttgart.Flights are already available for booking, and ...
Air passenger transport 69% down in 2020
Tuesday, March 9, 2021
The number of people who opted for air passenger transport decreased last year by 69%, from 23,193,300 passengers in 2019 to 7,186,500 passengers in 2020, according to data centralized by the National Institute of Statistics (INS).The highest shares in terms of passenger transport were registered at Henri Coanda-Bucharest airports - 2,248,100 passengers boarded and 2,202,500 landed, Avram Iancu-Cluj-Napoca - 463,400 passengers boarded and 435,500 ...
Austrian company Porr wins auction for the section 4 of the Pitesti-Sibiu highway
Tuesday, March 9, 2021
The fourth section of the Pitesti-Sibiu highway, between Curtea de Arge? and Tigveni, has been assigned after a public tender to the Austrian company Porr, according to Pro Infrastructure Association. “It is the same company that is currently working on the first section of the motorway (Sibiu-Boita)”, said Transports minister Catalin Drula, as quoted by Digi ...
"Henri Coanda" airport implements biometric travel documents verification system comparing facial images
Tuesday, March 9, 2021
The Romanian Border Police implements an automatic system for verifying biometric travel documents by comparing facial images at the "Henri Coanda" International Airport."The pilot project involves the use at the border control of six automatic gates for verifying people's travel documents, by comparing the facial image from the electronic chip of the passport/identity card with the one captured from the person physically present at the border control, in ...