Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Economic

Vodafone Romania officially launches LTE-A service

Tuesday, January 10, 2017

Vodafone Romania officially launched Supernet 4G+, a service ensuring LTE-A speeds in all the 41 county capitals,  and other 330 localities, telecompaper.com reports. During a press event held on the occasion of the launch of the service, the operator also demonstrated that it can reach 1.35 Gbps download speeds using an E2E product from Huawei. The test proved, over the air interface, a 1.35Gbps LTE connection in an experimental structure ...

Infrastructure: 1.9 million passengers passed through the 'Avram Iancu' international airport of Cluj in 2016

Tuesday, January 10, 2017

Almost 1.9 million passengers passed through the 'Avram Iancu' international airport of Cluj in 2016, with the traffic hitting a new record high, said the director of the airline hub David Ciceo. According to him, this ...

Wizz Air passenger traffic to/from Romania rises 23% in 2016

Tuesday, January 10, 2017

Hungarian low-cost airline Wizz Air said on Thursday it carried some 5.5 million passengers to and from Romania in 2016, up 23% on the year, seenews reports. "Our ultra low-cost model is very effective and will enable us to continue our significant growth and to constantly expand our network to better serve passengers," Wizz Air CEO József Váradi said in a press release. For this year, the operator has already ...

Tourism : Orbis aims to become the biggest hotel group in Romania in 2 years

Tuesday, January 3, 2017

Orbis Hotel Group, the largest network of hotels in Eastern Europe, aims to become the biggest player on the Romanian hotel market in the next two years, the president and CEO of the group, Gilles Clavie, told BR in an interview with business-review.eu. “Today, we have seven hotels in total in our network in Romania and the goal of Orbis – we are already the leader in the region and we want to be the leader of each country where  we ...

Real Estate: 2016-best year of local real estate market since 2008 with one million sqm delivered

Tuesday, January 3, 2017

170103100938Mercato_immobiliare_2.jpg

The retail, offices and logistics spaces that were handed over this year stood at 956,000 square meters, increasing by 88 percent compared to 2015, therefore marking the best year of the local real estate market since 2008, according to an analysis carried out by a real estate company The year 2016 was a year with significant growths for the spaces which ...

The pace of growth of housing demand has visibly slowed down in 2016

Tuesday, January 3, 2017

 The interest in purchasing flats in the last four years registered a general upward trajectory in all the Romanian cities, the most significant increase being registered on the segment of newly-built buildings, according to an analysis made by a real estate ...

Cars:  Sales of new eco-friendly cars in the first 11 months of the year stood at 1,044 units

Tuesday, January 3, 2017

170103101105PQ6Z5Yz.jpg

 Sales of new eco-friendly cars (electric and hybrid vehicles) in the first 11 months of the year stood at 1,044 units, up by 125 percent from the 464 units registered in the same period of the year before, shows statistical data of Romania's Association of Automotive Manufacturers and Importers (APIA).Green cars accounted for 1 percent of total sales of new automobiles between January - November 2016. In November 2016, 209 eco-friendly ...

Expensive car registrations between January - November 2016, up 12 percent

Tuesday, January 3, 2017

The Romanians didn't shy away from buying luxury cars this year, as January - November registrations of expensive new and second-hand cars hit 3,656 units, up 12 percent from the same period of the year before, shows data of the Driving Licenses and Vehicle Registration Directorate ...

Agriculture: Romania exported, in the first nine months of 2016, 5.2 million tones wheat

Tuesday, January 3, 2017

170103101148wheat_beautiful.jpg

Romania has exported, in the first nine months of 2016, a total of 5.2 million tones wheat, more than twice as much compared to the same period of 2015, when 2.57 million tones wheat was supplied to the foreign markets, the biggest quantity being absorbed by non-European markets, according to the statistic data of the Ministry of Agriculture and Rural Development ...

In September 2016 Romanian corn exports were 7.7% lower than 2015

Tuesday, January 3, 2017

In the first month of 2016/17 MY Romania exported 348 KMT of corn, which was 7.7% lower compared to shipments in September 2015/16 (377.1 KMT) due to second low corn crop. Record high corn exports for this month were observed in September 2014/15 – 402 KMT, blackseagrain.net reads. It should be noted that in September 2016 the share of exports to non-EU countries have grown to 49% (169.7 KMT) against 33% (123 KMT) in September 2015. The top ...

Infrastructure: Romania's Blue Air to increase frequency of Bucharest-Rome flights

Tuesday, January 3, 2017

Romanian carrier Blue Air said that it will increase the number of flights from capital Bucharest to Italy's Rome starting February 2017, seenews.com reports. The airline said in a statement it will offer one additional flight per day during 2016/2017 winter season, and two additional flights per day in summer 2017 season. By introducing the additional flights, Blue Air will operate a total of 14 flights per week in winter and ...

Telecom.IT: Vodafone has fastest mobile network in Romania - Ookla

Tuesday, January 3, 2017

Vodafone Romania has the fastest mobile network in the country, according to tests conducted by mobile users in Romania in the last six months by using Ookla's Speedtest. According to results of more than 500,000 tests in the second and third quarter of 2016 from users of mobile phones in Romania compatible with LTE technology, Vodafone Romania offers the highest download and upload speeds as well as the smallest latency in data ...

Infrastructure: Works for underground line 6 to Otopeni begin by mid 2017

Tuesday, December 20, 2016

Sorin Buse, the minister of transports, announced recently that works for underground line 6 connecting the North Station and Otopeni Airport will begin by mid 2017, with an investment of 5.9 billion lei. “Line 6 expands the present underground network from 1 Mai station to Henri Coanda International Airport for a length of 14.2 km, with a transport capacity of 50,000 people per hour. This new line makes a direct connection between North Station ...

Transport Ministry privatizes Bucharest airports and Constanta Sea Ports by listing on stock market

Tuesday, December 20, 2016

161220104740bursa_de_valori_buc_05_1_605x.jpg

The Transport Ministry suggests that the “Bucharest Airports”National Company and “Sea Ports Administration”National Company should be listed on the stock market with initial primary offers for the sale of packages of shares of 20-25% of the social capital of the companies. According to the draft Government Decision for the approval of income and expense budget of the Transport Ministry for privatization in 2016, launched for ...

Wizz Air expands Romanian fleet, to launch 6 new routes from Cluj

Tuesday, December 20, 2016

Low-cost carrier Wizz Air said that it has added a new aircraft to its fleet in Romanian capital Bucharest and plans to add one more to its base in Cluj, starting March 2017, when it will also launch six new routes from the city in northwestern Romania, seenews.com reports. With the acquisition of a 180-seat Airbus A320, Wizz Air expanded its Bucharest fleet to nine aircraft, the air carrier said in a press release on ...

Traffic în Constanta Port at the Black Sea exceeded in January-November reaching 18.51 million tonnes

Tuesday, December 20, 2016

 Cereal traffic in southeastern Constanta Port at the Black Sea exceeded in January-November the record it registered in the similar period last year, reaching 18.51 million tonnes, as compared to 18.02 million tonnes at end-November 2015, while the total traffic of goods in the Romanian maritime ports saw a growth of up to 5.35pct, on Tuesday announced the Maritime Ports Administration's National Company (CNAPM). 2015 was a reference year for the ...

Tourism: Havana and Dubai in top 5 of Romanians’ favourites for Christmas

Tuesday, December 20, 2016

161220104856merry_christmas_travels.png

Romanians who will spend Christmas abroad have chosen both European cities and exotic locations. Barcelona is their favorite city, while Havana and Dubai are in Top 5 favourite locations where Romanians want to spend their winter holidays, according to a study made by an online travel agency. Romanians who will travel abroad for winter holidays have planned vacations up to 17 days. For Christmas travels Romanians started planning months ago, making ...

Early booking sales are up by 50%; most spectacular increase of 75% for Turkish sea coast (study)

Tuesday, December 20, 2016

Early booking sales have grown by over 50% in the October-December 2016 period, compared to 2015. More Romanians book their vacations early in order to pay less, even by 50%, according to a study made by tour operator. The number of vacations for 2017 bought this winter have grown by 55% on the average, the most spectacular increase of 75% being for Turkish seaside resorts (Antalya and Aegean Turkey). These packages represent 40% of the early booking ...

Two in three Romanians couldn't afford to pay for a vacation în 2015

Tuesday, December 20, 2016

Two in three Romanians couldn't afford to pay for a vacation last year, but, comparing with 2012, the number of those who cannot afford a vacation for financial reasons decreased, shows a publication of the National Statistics Institute (INS)."In 2015, from the ...

In the period 1.I-30.IX 2016, the non-resident tourists arrived in Romania spent on average 2391.5 lei/person

Tuesday, December 20, 2016

In Quarter III 2016, the total number of non-residents in collective tourist accommodation was 836.4 thousand and their expenditure amounted per total 1854.8 million lei. In the period 1.I-30.IX 2016, the number of non-residents in collective tourist accommodation was 1929.0 thousand and their expenditure amounted per total 4613.2 million ...

Premium News

Daily

Thursday, May 25, 2017

Financial & Banking

Monday, May 22, 2017

Economic

Tuesday, May 23, 2017

Companies

Wednesday, May 24, 2017

Energy & Environment

Thursday, May 25, 2017