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Over 253,306 units of second-hand vehicles registered in Romania, in the first six months of 2017

Tuesday, July 25, 2017

The number of second-hand vehicles registered in Romania, in the first six months of 2017, reached 253,306 units, increasing by 86.64 pct as compared to the same period of 2016, when 137,722 units were recorded, according to data of the Directorate for Driving Licenses and Vehicle Registration (DRPCIV).According to the statistics, in June 2017, the registration of used cars recorded a jump of over 61 pct, compared to the first six months of 2016, when up to 39,988 ...

Tourism: Antalya, Mallorca, Crete and Lefkada, in demand for holidays this summer

Tuesday, July 25, 2017

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The top of most in demand summer destinations this year included areas in Greece and Turkey, to which Spain was added, according to data offered by tour operator Christian Tour which show that Antalya, Mallorca, Creta, Lefkada, Rhodes, Tenerife and Santorini are most sold summer destinations. “According to sales statistics we have by mid July, the number of tourists who chose this season for holidays with our agency exceeds 150,000 people. Now we ...

Business travel market more dynamic, observing special rules

Tuesday, July 25, 2017

The business travel market in Romania has become dynamic in the last years, with competition among serious players, with considerable experience in the corporate segment, Lucian Boronea, general manager of Accent Travel& Events tour operator told News.ro, adding that the segment supposes special rules. The company has been specialised in the business travel segment for 18 years. “Our main customers are companies with ...

Romanian spa market valued at EUR 8.37 mln, up by 9 pct

Tuesday, July 25, 2017

According to data collected by Romanian spa portalDespreSpa.ro, the Romanian spa market had a value of around EUR 8.37 ...

Infrastructure : Infrastructure projects financed by USA with USD 4.6 mln, launched at Kogalniceanu military base

Tuesday, July 18, 2017

Ten infrastructure projects financed by the USA with USD 4.6 million, through the European Reassurance Initiative (ERI), will be opened this Monday at Kogalniceanu air base, business-review.eu reports. „The new constructions include the airplanes maintenance facilities, equipment storage, auto parks, auto cleaning stations or class rooms,” said the Romanian Ministry of Defense. A distinct element of Romanian-American ...

Cars: Dacia posts record sales in H1

Tuesday, July 18, 2017

French car maker Groupe Renault Romania said on Monday its worldwide sales under the Automobile Dacia brand rose 11.8% on the year in the first half on 2017, reaching record-high 332,845 units, seenews.com reports. Out of the total number of Dacia cars sold in the first six months of 2017, 310,141 were passenger vehicles, while the remainder were commercial vehicles, Groupe Renault Romania said in a press release. In ...

In May 2017, compared to May 2016, the turnover of the trade with  motor vehicles increased by 18.4%

Tuesday, July 18, 2017

Compared  to  the previous month, in May 2017, the  turnover volume of  the  trade with motor vehicles  and  motorcycles  increased  both  as  gross  series  by  15.0%  and  as  adjusted  series according  to  the number of working days and  to  ...

Real Estate: The Romanians had over 282,000  real estate tradings in Q1, dropping by38%

Tuesday, July 18, 2017

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The number of real estate tradings registered  in Romania got to 282,810 sales in the first six months of this year, dropping by 37.9% against the same period of 2016,  the decline being explained by the fact that, starting with this year, only tradings of sale-purchase type are taken into consideration, show the data sent on Monday by the National Agency of Cadastre and real estate  advertisement (ANCPI). In Q1 of 2016 the number of ...

CTP secures EUR 75.8 mln financing for expansion of CTPark Bucharest West

Tuesday, July 18, 2017

Czech developer CTP will partially use a new loan facility jointly provided by BCR and the European Bank for Reconstruction (EBRD) to expand its logistics park in the western part of Bucharest, in a bid to keep up with growing demand, business-review.eu informs. The company said it got EUR 75.8 million from the two banks, with BCR providing EUR 39.1 million and EBRD another EUR 36.7 million. A portion of the funding will be used to refinance an ...

185,000 square meters of office spaces traded in 1st half of 2017

Tuesday, July 18, 2017

The surface of office spaces traded in Bucharest was almost 185,000 square meters in 1st half of 2017, recording a decline of 3.6 compared to the similar period of 2016, an analysis carried out by JLL Romania, a company specialised in professional and management services of investments dedicated to the real estate ...

Tourism : Happy Tour: Romanian tourism is on the rise

Tuesday, July 18, 2017

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According to Javier Garcia del Valle, the CEO of Happy Tour travel group, the Romanian tourism may experience significant boost as a result of 2017 momentum, travelwires.com reads. The Romanian tourism faces a favorable context this year due to the security concerns in other parts of Europe, as more and more foreign tourists choose the south-eastern country for spending their leisure time. At the same time, the increase in the minimum wage currently ...

Agriculture: The quantity of cow’s milk collected by processing units in May 2017 up 5.7% from May 2016

Tuesday, July 18, 2017

The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in May 2017 increased by 21.8% compared to April 2017 and was up 5.7% from May 2016. The quantity of cow’s milk collected by processing units from agricultural holdings and collection centres in the 1.I-31.V.2017 period rose by 2.7% compared to the 1.I-31.V.2016 ...

Big farmers in Romania expect to obtain more wheat this year

Tuesday, July 18, 2017

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Big farmers in Romania, interviewed by News.ro, estimate that they will harvest more wheat this season than last year, while other farmers expect similar yields. According to Ion Cioroianu, councillor of the Farmers’ Association in Romania (AFR), the average yield being included between 4 and 6 tons per hectare, while the yield is significantly better in the case of big farms. Farmer Dimitrie Musca, who grew 3,000 hectares ...

Infrastructure: Building licence issued for connection of A3 highway with Bucharest

Tuesday, July 11, 2017

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The National Company for Road Infrastructure Administration (CNAIR) announced in a press release on Thursday that the licence for the execution of construction works was issued to connect A3 highway with Bucharest. The value of works is about 22.6 million lei. CNAIR points out that the contractor is making efforts to complete the 3.3 km known as urban highway, by December 2017. The deadline stipulated by contract was August ...

Romania plans to invite bids for building 800 km of Craiova-Pitesti motorway

Tuesday, July 11, 2017

Romania plans to invite bids for the construction of some 800 km of motorways this year, helped by the government's efforts to reduce delays in public auctions, the transport ministry has said quoted by seenews.com. The main projects, for which tenders will be called this year, are the Sibiu-Pitesti motorway and Craiova-Pitesti motorway, the southern ring road of Bucharest and the Targu Mure? - Iasi - Ungheni section, the transport ministry said in a ...

PM Tudose: works on 800km of motorways are expected to be put up for a tender in 2017

Tuesday, July 11, 2017

 After a visit to the Transport Ministry on Wednesday, Prime Minister Mihai Tudose said works on 800km of motorways are expected to be put up for a tender under the electronic public procurement system in (SEAP) in ...

2017 Q1 rail freight volume was up 9 pct YoY

Tuesday, July 11, 2017

 Romania's Q1 rail freight volume was up 9 pct YoY, while road freight volumes advanced 1 pct, shows data centralized by the National Institute of Statistics (INS). Rail freight stood at approximately 13.507 million tons, with domestic transport accounting for 78.7 pct of the total. Distance-based charges advanced 18.2 pct. Road freight volumes too advanced 1 percent to a total of 42.908 million tons, of which 69.4 pct in domestic ...

Tourism: Demand for holidays over 1,000 euros/family, higher than in 2016

Tuesday, July 11, 2017

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În 2017, the demand for holidays with budget over 1,000 euros per family is by a third higher than last year, while sales of all inclusive packages at five star hotels have grown by 15%. Destinations for which these holidays were bought are Spain, Greece, Romania, etc. Sales for summer holidays are growing by 20% compared to the same period of 2016, most of them being bought in the early booking period. Other top sales were made in the week ...

Eurostat: Romanians, 1 percent of the total number of EU residents who traveled to extra-EU destinations in 2015

Tuesday, July 11, 2017

Just 1 percent of the total number of EU residents who traveled to extra-EU destinations in 2015 were Romanians, shows relevant statistical data published by Eurostat on ...

Telecom. IT: Internet service penetration rate in Romania stands at 89 percent

Tuesday, July 11, 2017

The Internet service penetration rate in Romania stands at 89 percent and connectivity around 60 percent, the National Authority for Administration and Regulation in Communications - ANCOM President Catalin Marinescu told a specialist conference on Tuesday. "From a service quality point of view, Romania is on the first place and this is owed to some historic ...

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