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Bucharest and Prague, first in the region for attracting new retailers

Tuesday, November 7, 2017

Bucharest and Prague ranked first in the region for attracting new retailers in 2016, according to a study concluded by real estate consultancy firm CBRE, romania-insider.com ...

Vlad Tanase (NNDKP): Real estate investors struggling to find mid-sized projects in Romania

Tuesday, November 7, 2017

Real estate investors are constantly looking at Romania but the “issue we see is that at this moment there are few projects that can be acquired”, according to Vlad Tanase, partner at law firm NNDKP, business-review.eu informs. “We have clients interested in buying commercial centers and realized there are few projects on sale. On offices, some projects are for sale, but the opportunities for investments are few – either too ...

Coldwell Banker : Romanian suburbs deliver over half of the new apartments

Tuesday, November 7, 2017

Over a half (54 percent) of the new apartments delivered in 2016 in the seven biggest residential markets in Romania (Bucharest, Cluj – Napoca, Timisoara, Iasi, Constanta, Sibiu and Brasov) were in the suburbs of the big cities, according to a report of the real estate company Coldwell Banker Romania based on the data of the National Institute of Statistics (INS). Out of the 27,273 apartments finished last year in the seven biggest ...

Real estate developer Zacaria announces the expansion of its industrial park in Oradea

Tuesday, November 7, 2017

  Real estate developer Zacaria announces the expansion of Western Industrial Park in Oradea with a new warehouse of more than 6300 m2, already commissioned by a German investor in the process of opening its first subsidiary in Romania a press release sent to ACTMedia informs. Zacaria, with a portfolio of approximately 300.000 m2 of industrial warehouses and office spaces in multiple Romanian cities, announces the expansion of Western Industrial ...

Healthcare: Memorandum signed for the construction of five regional hospitals in Timisoara, Targu Mures, Constanta, Braila-Galati and Brasov

Tuesday, November 7, 2017

The Government okayed on last Wednesday, through a memorandum, the necessary procedures for the construction of five regional hospitals in Timisoara, Targu Mures, Constanta, Braila-Galati and Brasov. According to a Government's release, steps will be taken to identify financing solutions for the construction of the five regional hospitals, by meeting the annual deficit targets, and, if governmental loans are needed, these will be taken by complying with the ...

In Romania, a quarter of the population suffers from obesity

Tuesday, November 7, 2017

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At least a quarter of Romania's population is affected by obesity, Deputy Dean of the Medicine and Pharmacy University of Targu-Mures, associate professor Dr. Monica Tarcea told Wednesday the Dietitian National Conference titled "Child Obesity - Updates, Prevention and Treatment Perspectives'. "In Romania, a quarter of the population suffers from obesity, these are the official data, but the percentage is a lot higher, as many people do not report to the ...

Trade: The e-commerce market will reach 2.3 - 2.4 bln euro at the end of 2017

Tuesday, November 7, 2017

Romania's e-commerce market will reach 2.3 - 2.4 bln euro at the end of the year, whereas the global online trade will top 1.87 trillion dollars, up 17 percent from the previous year, an expert survey by eCommerce Foundation shows. "Romania's e-commerce market is on a continuously upward trend. For 2017 we estimate that we are headed for 2.3 - 2.4 billion euro for e-tail alone. We are periodically looking at new projects in the eCommerce Awards competition ...

GfK study: Romanians the biggest internet users for shopping

Tuesday, November 7, 2017

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Romanians are the biggest users of internet for shopping, exceeding the global level, as the prices comparison of different shops are a more frequent practice for 45 percent among the surveyed, showing the high attention for the best quality-price ratio of the products, and for 46 percent of Romanians the mobile became the most important shopping instrument, according to GfK study FutureBuy 2017, business-review.eu informs. The search for products ...

Cars: Dacia new car registrations increased by almost 12 pc in October on French market

Tuesday, November 7, 2017

The number of Dacia car registrations in France recorded an annual growth rate of 11.6 percent in October, to 8,487 units, the French Carmakers Committee (CCFA) shows, quoted by romaniajournal.ro. At the same time, in the first ten months of this year, Dacia new car registrations on the French market saw an increase of 5.4 percent, to 97,739 units, compared with January – October 2016. Among French manufacturers, PSA Group ...

UniCredit Leasing and Toyota Romania launch program to buy hybrid cars

Tuesday, November 7, 2017

Toyota and UniCredit Leasing have launched a financing program to help customers buy hybrid cars in the local market, romania-insider.com informs. Hybrid cars represent almost half of the total number of cars the Japanese producer sells in the country, Toyota Romania General Manager Edit Corcoman-Tarcolea said. Toyota’s hybrid cars include city cars (Yaris Hybrid), compact cars ...

Bucharest: The new S-Class Coupé and the new S-Class Cabriolet are ready for orders

Tuesday, November 7, 2017

Starting October 2017, the new Mercedes-Benz S 450 4MATIC Coupé, S 560 Coupé and S 560 4MATIC Coupé, respectively the new Mercedes-AMG S 63 4MATIC+ Coupé, Mercedes-AMG S 65 Coupé and Mercedes-AMG S 65 Cabriolet are up for orders, with the first deliveries to be made in 2018, a press release sent to ACTMedia informs. The prices range from 105,023.45 EUR (VAT included) for S 450 4MATIC Coupé version (combined CO? emissions: 208 g/km, ...

New registrations of passenger cars increased by 32.7% in the third quarter of 2017

Tuesday, November 7, 2017

The new registrations of road vehicles for passenger transport increased by 32.2% in the third quarter of 2017 compared to the third quarter of 2016. In the third quarter of 2017, the new registrations of vehicles for goods transport increased by 3.0% compared to the third quarter of the previous year.  New registrations of passenger vehicles were 32.2 percent higher ...

Telecom.IT: Romanian Govt. will launch auction to sell 5G licenses next year

Tuesday, November 7, 2017

Romania’s Government will start next year the auction for selling 5G telecom licenses, as a way to increase budget revenues, reveals a document the Ministry of Finance has drafted this month, cited by ...

UPC Romania adds 34,000 RGUs in Q3

Tuesday, November 7, 2017

UPC Romania ended Q3 with 3.05 million homes passed, up by 46,700 compared to the previous quarter, telecompaper.com informs. The number of two-way homes passed grew by 47,300 to 3.008 million as a result of constant investments made in the expansion of its new digital network. Its total number of RGUs rose by 34,100 to 2.37 million. The total number of fixed-line customer relationships increased by 11,100 to 1.32 million. Video subscribers rose by ...

Infrastructure : Wizz Air launches new route from Timisoara to Tel Aviv

Tuesday, November 7, 2017

Hungarian low-cost airline Wizz Air said it launched on Friday a new route from Romania's western city of Timisoara to Tel Aviv in Israel, seenews.com informs.Wizz Air will fly from Timisoara twice a week, on Mondays and Fridays, the company said in a press release. This is the first Wizz Air route connecting Timisoara with a destination outside Europe. In mid-October, Wizz Air said it will start to fly to the Greek capital ...

Agriculture : Romania becomes a visible player among EU exporters of peas to the third countries

Tuesday, November 7, 2017

Over 2014-2017 sowing area of peas in EU grew up almost twice as a result of the new agreement on Common agricultural policy (CAP), which in particular fosters higher production of nitrogen-fixing crops and support of the protein crop sector. Those crops, which include dry pulses, protect the soil from erosion and improve soil organic matter. Previously, pea production in EU was dominated mainly by France, Germany and in recent years Lithuania. In ...

Tourism : Hilton opens Hampton hotel in Iasi

Tuesday, November 7, 2017

US hospitality chain Hilton opened on Tuesday a Hampton branded hotel in Romania's eastern city of Iasi, seenews.com informs. Hampton by Hilton Iasi, which opened on the premises of the former Europa hotel, features 15 stories and 117 rooms, Hilton said in a press release.  The 4-star Europa hotel underwent full renovation for more than three years and was rebranded as Hilton Iasi.This is the second Hampton by Hilton hotel in Romania, after the ...

The tourists’ overnight stays in the establishments of tourists’ reception increased by 4.3% in September  2017 

Tuesday, November 7, 2017

Compared  to  the  corresponding  month  of  the  previous  year,  both  the  arrivals  and  the overnight  stays  in  the  establishments  of  tourists’  reception  with  functions  of  tourists’ ...

Infrastructure: Transport Ministry: 15 offers made for design and execution of sections 3, 4 of Craiova-Pitesti express road

Tuesday, October 31, 2017

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Fifteen offers were made on Tuesday for the design and execution of sections 3 and 4 of Craiova - Pitesti express road, the Transport Ministry informs.Eight offers from six associations and two contractors were received for section 3: Alsim Alarko Sanayi Tesisleri ve Ticart Sa, AstaldiSpA-Tancard association, Erbasu Constructions- Vahostav SK- Trameco SA association, Impresa Pizzarotti & C SpA - Pizzarotti SA ...

CNAIR receives 8 offers for section 5 of Sibiu-Pitesti highway

Tuesday, October 31, 2017

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The National Road Infrastructure Administration Company (CNAIR) announced on Friday that 8 offers had been received for the design and execution of section 5 of Sibiu-Pitesti highway, between Curtea de Arges and Pitesti (km 92+600 - 122+950), a project estimated at 1.83 billion lei. Sibiu-Pitesti highway is an important part of Pan European ...

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