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TAROM will get four new airplanes by the end of 2017

Tuesday, May 2, 2017

TAROM national air operator will get four new airplanes by the end of 2017 and will resume its flights to China and the U. S., on Wednesday said the Transport Minister, Razvan Cuc at the TVR1 public television broadcaster. "By end-June, we'll get two new airplanes that will be included in the TAROM fleet, to replace the two Airbus that have been withdrawn, and by the end of the year will buy two more airships in operational leasing, to operate the long ...

Statistics: Length of the public roads in 2016 increased by 4.0%

Tuesday, May 2, 2017

In 2016, compared to 2015, the length of modernized roads increased by 4.0% The electrified railways in operation represented&nb ...

Real estate: Due to poor infrastructure in Bucharest investors develop mixed projects with offices, stores and apartments

Tuesday, May 2, 2017

Real estate investors have started developing mixed projects made of office buildings, retail areas or residential ensembles in the main office building areas in Bucharest, said real estate consultant Monica Vasile from Cushman & Wakefield Echinox, at Reality Forum, organizes by Business Review. She said the tendency was due to the poor infrastructure in Bucharest. “Investors are tired of waiting for infrastructure projects. They came with ...

Office buildings in expansion in centre-southern area în Bucharest

Tuesday, May 2, 2017

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Many office buildings have been built lately in the most expensive area in Bucharest - centre and northern (Barbu Vacarescu - Dimitrie Pompeiu), but office building developers shifted their orientation to the centre-southern area (Unirii- Timpuri Noi), real estate specialists say. “There is broad interest in developing the central area. Unirii is just being born. Once Unirii View project  develops, Unirii area will be the place to develop ...

Coldwell Banker : Residential demand in Romania is “healthy”

Tuesday, May 2, 2017

In 2016, the residential market had the best year, but players need to be cautious going forward, said Gabriel Voicu, director of the New Homes Division at Coldwell Banker, during Realty 2017, the event organized on, Tuesday, by Business Review magazine, business-review.eu reads. Voicu explained that 90 percent of the demand for houses comes from end-users and the rest from investors and this shows that the market is on a stable ...

Trade: Salmon and mackerel sales grew 5% last year

Tuesday, May 2, 2017

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Sales of salmon and mackerel grew by 5% in 2016 compared to the previous year. They were followed by white cod and hake, according to an analysis made by Romfood Trading, one of the main importers and distributors of fish and seafood in Romania.The company mentions that once VAT dropped, the purchase power has grown and Romanians pay great importance to the quality of fish they buy. Last year, salmon and mackerel sales were the highest in the Romanian ...

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 ...

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