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Real Estate: RE/MAX Romania brokers real estate deals worth EUR 100 mln in 2016

Tuesday, March 28, 2017

RE/MAX Romanian brokered over 1,000 real estate transactions in 2016 with a combined value of EUR 100 million, a growth by over 130 percent compared with 2015, business-review.eu reports. According to company’s data, the overall commissions’ value gained via the real estate intermediation was around EUR 1.5 million in 2016, by 50 percent more compared with 2015. For 2017 the company hopes to reach 25 offices, 250 ...

Analysis: Logistics and industrial space deliveries in Romania to hit post-crisis record this year

Tuesday, March 28, 2017

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Some 500,000 sqm of logistics and industrial space are forecast to be delivered this year in Romania, which is up by 40 percent y-o-y and the highest post-crisis level, according to real estate consultancy Colliers Interna?ional quoted by business-review.eu. Demand for new logistics and industrial space from FMCG companies and online retailers is set to remain strong throughout 2017, thus fueling the development of new such projects, says the ...

Real Estate: JLL: Developers should complete over 200,000 sq.m of offices in 2017

Tuesday, March 21, 2017

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Office developers should complete this year 10 projects for 219,500 square meters, an area on the drop by 37% compared to the one completed in 2016. Most of the projects announced will have to be postponed for 2018, said Silviana Petre Badea, the general manager of JLL real estate consulting company, in an interview for News.ro. About 14 office projects are being built in Romania and should offer the market 310,500 square meters of office areas, ...

Hercesa has sold 98 pct of the first block of flats from the third phase of Vivenda Residencias

Tuesday, March 21, 2017

Hercesa group, present in Romania since 2004, sold 98 percent of the first block of flats from the third phase of Vivenda Residencias and will start works on the second building, which will comprise 56 apartments, mostly with three and four rooms, business-review.eu reads. Vivvenda Residencias will be finished in April. The second flat is already pre-contracted for 50 percent and Hercesa ...

Tourism : Ambassador Urs Herren: increasingly more Swiss discovered Transylvania

Tuesday, March 21, 2017

 Ambassador of the Swiss Confederation to Romania Urs Herren stated on Tuesday in Targu Mures, after the meeting with the authorities in the county, that Romania is well-known in his country and that increasingly more Swiss discovered Transylvania which is fascinating through richness and plenty of history. "I am for the first time in Targu Mures, I am very happy to be here because this county is an important destination for Swiss companies. The largest ...

The non?resident tourists arrived in Romania in 2016  spent on average 2397.9 lei/person

Tuesday, March 21, 2017

In Quarter IV  2016, the  total  number  of  non?residents in  collective  tourist accommodation  was 540.8 thousand and their expenditure amounted per total 1305.6 million lei. In  2016,  the  number  of  non?residents  in  ...

Agriculture: PwC study: Farmers work on the 6th farming area in EU, but productivity is low

Tuesday, March 21, 2017

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Improving the dimension of farm exploitations, the increase of their capitalization degree, the increase of the farmers’ professional training or the reduction of fiscal evasion are some solutions for improving productivity in the farming sector in Romania, according to a PwC study. The PwC analysis shows that Romania is one of the European countries with the highest farming potential, as it has the 6th biggest farming area ...

Slovenia, interested in importing quality foodstuff from Romania

Tuesday, March 21, 2017

Slovenia is interested in importing foodstuff from Romania because they are of very good quality, said Mihael Zupancic, the ambassador of Slovenia, pointing out he had tested those products personally during the trips made in Romania. The Slovenian diplomat recently met Petre Daea, the minister of agriculture and rural development and discussed commercial exchanges between Romania and Slovenia, both parties considering that bilateral relations are very ...

Romsilva is investing 42.2 million in the spring campaign of regenerating 10,712 hectares of forest land

Tuesday, March 21, 2017

Romania's National Forestry Corporation RNP - Romsilva is investing 42.2 million in the spring campaign of regenerating 10,712 hectares of forest land, by planting 32 million own production seedlings, according to data provided by RNP-Romsilva. "Romania's ...

Cars: Renault Commercial Romania is recalling in service of 1,289 Dacia Dokker cars

Tuesday, March 21, 2017

Renault Commercial Romania notified the National Authority for Consumer Protection (ANPC) about starting a campaign for recalling in service of 1,289 Dacia Dokker cars, it appears from the information published on the website of the institution. "Dacia has ...

Tturnover of trade in motor vehicles and motorcycles in January 2017 was 8.9 percent higher YoY

Tuesday, March 21, 2017

The turnover of trade in motor vehicles and motorcycles in January 2017 was 8.9 percent higher YoY, shows data of the National Institute of Statistics (INS) released on ...

Car scrappage programme for 2017 : eco-bonus subsidy is an increase to 2,500 lei

Tuesday, March 21, 2017

 Environmental Minister Daniel Constantin said Tuesday in Sibiu that that main novelty under the car scrappage programme for 2017 is an increase in the eco-bonus subsidy from 1,500 lei to 2,500 lei. "The scrappage bonus stays at 6,500 lei, to which the eco-bonus will add, which was 1,400 lei in 2016 and which can now be improved to 2,500 lei. And we will have at our disposal 170 million lei, I believe, that was available to the citizens in 2016 as well," ...

Infrastructure : Grindeanu: Government unblocks Timisoara-Pancevo highway project

Tuesday, March 21, 2017

Sorin Grindeanu declared on Saturday, at a press conference held at Timis County Council, that technical-economic indicators for Timisoara-Pancevo highway connecting Romania with Belgrade had been approved. Romania and Serbia will collaborate for the diplomatic and financial support of investment projects concerning joint border transport between Romania and Serbia, especially for the construction of Timisoara-Varset-Pancevo highway until 2025, ...

Ryanair announces new routes from Romania and flights with 10 euros

Tuesday, March 21, 2017

The low cost air company Ryanair launched the first winter timetable for Oradea, with four new routes to Barcelona Girona, Eindhoven, Milan Bergamo and London Stansted, according to a company press release. The 2017 winter timetable from Oradea brings: - 4 new routes to Barcelona G (2 weeks), Eindhoven (3 weeks), Milan B (2 weeks) and London S (3 weeks). - 4 routes in total - 10 ...

CFR Calatori will carry passengers daily to Istanbul and Sofia, and once a week to Thessaloniki, starting 2 June 2017

Tuesday, March 21, 2017

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The Romanian National Railway Company - CFR Calatori will carry passengers daily to Istanbul and Sofia, and once a week to Thessaloniki, starting 2 June 2017, Director General of the CFR Iosif Szentes announced after a specialist debate organized at the Senate. The CFR Calatori participates in constructing the Bosfor Express train, the composition of which will also be ensured by Bulgarians and Turks, with a sleeping car for Istanbul, a regular passenger car ...

Telecom.IT: Average download speeds grew by 78% for fixed Internet and 35% for mobile connections in 2016

Tuesday, March 21, 2017

Internet users in Romania benefited from average download speeds of 95 Mbps for fixed Internet, on the rise by 78.4% and 26 Mbps for mobile Internet, on the rise by 36% in 2016, ANCOM statistics show. ANCOM makes quarterly and annual statistics on the quality of Internet access services in Romania, among which average data download speeds, by means of the application Netograf.ro. According to the source, tests made show that ...

Infrastructure: Free Wi-Fi onboard for the passengers of Airbus 318s and Boeing 737s aircraft operated by Romania's TAROM

Tuesday, March 14, 2017

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Airbus 318s and Boeing 737s aircraft operated by Romania's TAROM national airline carrier will be providing free Wi-Fi onboard entertainment for the passengers called AirFi as from March 14, TAROM officials told a news conference on Monday. "AirFi is onboard entertainment provided to passengers flying with TAROM. Unfortunately, the service is not available for all the company's aircraft because of legal requirements related to navigability, and that is why we ...

Cars : New vehicles registration grew in Romania in February by almost 50 percent

Tuesday, March 14, 2017

New vehicles registration grew in Romania in February by almost 50 percent, reaching 11,979 units, versus the same month of 2016, read the data by the Directorate for Driving and Vehicle Registration ...

Tourism : EU funds worth EUR 90 M to develop spa sector in Romania

Tuesday, March 14, 2017

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  The spas of Romania must be promoted as major interest destinations for the citizens of all European countries, and the EUR 90 million allocation from the European Union for 2014 - 2020 could develop this sector, reads an information by the Tourism Ministry sent on the occasion of the Berlin International Tourism Fair, ITB, stretching 8 - 12 ...

Romania to launch the second call to projects on the 2014-2020 Danube Transnational Programme

Tuesday, March 14, 2017

Romanian authorities are preparing to launch the second call to projects on the 2014-2020 Danube Transnational Programme, for which funding worth 60 million euros are available, and the investments can lead to capitalizing on the national tourist potential, the Tourism Ministry announced, on the sidelines of the International Travel Fair in Berlin (Internationale ...

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