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Real Estate: Vastint leases 4,000 sqm in Timpuri Noi Square to KRUK Romania

Tuesday, April 25, 2017

Vastint Romania and KRUK Romania have concluded a lease for 4,000 square meters of office space in the Timpuri Noi Square mixed use office park, in Bucharest, business-review.eu reads. KRUK Romania leased these 4,000 m2 as a new location for its Bucharest Head Office. Besides Bucharest, more than 600 employees work in the Operational Center in Targoviste and throughout entire Romania, as Field Agents Team supported by five local offices. Two new ...

Investment in Bulgarian, Romanian commercial real estate markets rises

Tuesday, April 25, 2017

Investment in Bulgarian and Romanian commercial real estate markets rose in 2016 compared to 2012, real estate consultants Colliers International have said quoted by seenews.com. Investment in commercial Real estate investments in Bulgaria totalled 262 million euro ($280.7 million) in 2016, up 3.4% compared with 2012, while investment in Romania jumped 4.5 times to 915 million euro, Colliers said in its CEE Real Estate Investment Compass 2017 report ...

Over 25,000 houses in construction in residential projects in main Romanian cities

Tuesday, April 25, 2017

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There are over 25,000 houses in constructions in residential projects in the main Romanian cities, according to the market report Residential Market Beat 2017, made by Coldwell Banker Romania quoted by business-review.eu.  The biggest residential market in Romania is in the Bucharest- Ilfov region where currently are approximately 12,000 houses in development in the residential projects that will be delivered this year, if the developers ...

Telecom.IT : Regional cluster wants to upgrade Romanian IT sector

Tuesday, April 25, 2017

Efforts to boost e-government and smart city solutions in Romania need more strategic thinking, Stelian Brad, president of Cluj IT Cluster tells Science|Business. The IT sector will transform the economy in the Cluj region by “increasing efficiency of businesses and social life,” but inconsistent public policies and a lack of long-term government strategies in e-government and smart cities means local IT ...

Tourism : În 2016, tour operators recorded a total turnover of 1.74 billion lei

Tuesday, April 25, 2017

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Romanian tour operators recorded last year a total turnover of 1.74 billion lei, with sales of their own tourist packages accounting for more than half (54.2 pct) of the figure, shows data centralized by the National Institute of Statistics. Sales of individual services ...

Jakub Malecki (LOT): Romania has got everything a tourist wants

Tuesday, April 25, 2017

Romania has got everything a tourist might wish for, but needs to be promoted more, declared on Wednesday Jakub Malecki, General Manager for Romania and the Republic of Moldova of LOT Polish airline company, during a meeting with the press. According to him, most clients who fly with Lot are corporate clients, but the number of tourists is growing. "Romania has got everything a tourist wants: beautiful hotels, excellent restaurants, nice ...

Romanians spend over EUR 7 mln this Easter in accommodation units

Tuesday, April 25, 2017

Close to 110,000 Romanians who spent the Easter Holidays within the accommodation units from Romania spent over EUR 7 million, according to the data of the Unions Federation of Romanian Tourism (FPTR), business-review.eu informs. The most popular destinations were Valea Prahovei, Bran-Moeciu area, Bucovina and Maramures. On the other hand, the seaside resorts gathered 900 tourists, who covered almost a third of the places available at hotels with the ...

Cars: The number of the Ford vehicles registered in Romania in Q1 increased by 57% at 3,006 units

Tuesday, April 25, 2017

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In Q1 of this year there were registered 3,006 vehicles and goods vehicles Ford, a record increase of 57% according to the data issued by the Department for Driving Licences and Vehicles Registration (DRPCIV), result which ensures Ford a market share of 10.6%, the company announced on Monday. Ford ends the Q1 of this year with a record market share in the top of registrations of cars and goods vehicles: 10.6%.The Ford make is thus the first among the ...

ACEA: Dacia car sales advanced 8.8 percent in Europe (EU plus the EFTA) in March 2017

Tuesday, April 25, 2017

Dacia car sales advanced 8.8 percent in Europe (EU plus the EFTA) in March 2017, while its maker's market share stayed at 2.3 percent, according to statistics released on Wednesday by the ACEA European Automobile Manufacturers Association. March 2017 Dacia car registrations in Europe reached 44,296, up from March 2016's 40,731 units. France's Renault and PSA Peugeot Citroen reported increases in their March 2017 sales, of 14.4 percent and 6.7 ...

Infrastructure: Passengers transported in interurban and international transportation recorded last year an increase by 8 percent

Tuesday, April 25, 2017

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The number of passengers transported in interurban and international transportation recorded last year an increase by 8 percent compared to 2015, and most of the passengers traveled by buses and mini-buses, according to the data centralized by the National Institute of Statistics (INS). In 2016, a total of 384 passengers were transported, out of whom 4.4 percent in international transportation (16.9 million passengers). The passenger transported by vehicles ...

Blue Air begins international flights from Oradea

Tuesday, April 25, 2017

Blue Air has commenced its latest route from Turin (TRN) last week – Oradea (OMR) in Romania, anna.aero reports. The 1,115-kilometre sector, launched 13 April, will be served by the carrier twice-weekly (Thursdays and Sundays) on its ...

Trade: Carrefour Romania Launches Agricultural Cooperative

Tuesday, April 25, 2017

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Carrefour Romania has launched the Varasti Agricultural Cooperative, the first of its ...

Cars: In February 2017, the turnover of the trade with motor vehicles increased by 14.9%

Tuesday, April 18, 2017

Compared to the previous month, in February 2017, the turnover volume of the trade with motor vehicles and motorcycles increased both as gross series by 14.0% and as adjusted series according to the number of working days and to seasonality by 3.0%. The turnover volume of the market services provided to the population maintained the same value compared to the previous month as gross series and increased as adjusted series according to the number of working ...

New vehicles registered grow by 2.19% in March

Tuesday, April 18, 2017

10,435 new vehicles were registered in March 2017, which represent an increase by 2.19% compared to March 2016, according to the Licence and Vehicle Registration Department (DRPCIV). Most registrations refer to Dacia, Ford, Volkswagen, Skoda and Toyota. The highest increase was recorded for commercial vehicles over 3.5 tons and up to 16 tons. 27 such vehicles were registered in March 2017, 22.73 % more than in 2016 (22 ...

Second-hand cars registered in the first three months of 2017 nearly doubled

Tuesday, April 18, 2017

The number of second-hand cars registered in the first three months of 2017 nearly doubled (+ 98.06 pct), as compared to the same period of the previous year, reaching 128,123 units, show the statistics of the Directorate for Driving Licenses and Vehicle Registration (DRPCIV).According to official data, in March 51,684 second-hand cars were registered, 103.79 pct above the figure recorded in the same month of 2016, when 25,362 units were ...

Trade: Study: Six Bucharest stores out of ten have goods stored improperly

Tuesday, April 18, 2017

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In 58% of Bucharest stores, goods are stored in improper conditions, while 67% of employees never ask customers whether they want other products, according to a mystery shopping study made by the market research company VBS- Business Solutions, at the end of March and released on Friday. The average score obtained by hypermarket chains for services offered, staff attention and kindness, is between 58% and 74%, according to the study. Problems faced by ...

Beer market in 2016 was in line with the previous year level at 15.8 million hectoliters

Tuesday, April 18, 2017

 Romania's beer market in 2016 was in line with the previous year level at 15.8 million hectoliters, as did per capita consumption, which stood at 80 liters; these figures place Romania 7th by consumption among European countries, general manager of the Romanian Brewers Association Julia Leferman announced on Wednesday. The beer industry generates over 500 million euro annually in state budget revenues - directly and through related activities, she ...

Infrastructure : Commissioner Cretu: Romania has over EUR 5 bln worth of EU funding for transport

Tuesday, April 18, 2017

The European commissioner for regional policy, Corina Cretu, met with the Romanian minister of transport Razvan Cuc in Brussels to discuss about the implementation stage of the projects from transport and about financing through cohesion policies, according to the European Commission site. She underlined the benefits of the European funds, which made possible the expansion and improvement of the transport network from ...

Agriculture: Eurostat: Romania has had 15.3 % grain maize production in 2015

Tuesday, April 18, 2017

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The area used for agriculture in the EU covered nearly 180 million hectares in 2015. The largest part (60 %) consisted of arable land. On this arable land, around half was occupied by cereals, the main crop grown in the EU. The harvested cereal production in the EU amounted to nearly 317 million tonnes, of which common wheat and spelt (48 % of total EU cereal production) was the most significant, followed by barley (19 %), grain maize and corn-cob-mix ...

Tourism: SPA market in Romania, business of 7.7 million euros in 2015

Tuesday, April 18, 2017

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SPA market in Romania has a low level compared to European countries, the business figure did not exceed 7.7 million euros at 2015 level because Romanians are not educated to “consume” prevention and relaxation therapies and in the tourism law there is no definition of SPA. “We could speak about a SPA market in Romania ten years ago, but the first SPA location appeared 7 years ago. Real SPA centres are very few, about 40 in the whole ...

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