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RE/MAX Romania: 2017, the best year for the real estate market after crisis

Tuesday, September 12, 2017

2017 is the best year for the real estate market in Romania after the crisis, and for this reason more and more Romanians are interested in working in this field, RE/MAX Romania shows, romaniajournal.ro reports. Both entrepreneurs who open a business or buy a franchise on this segment, as well as those who are getting a job in a real estate agency, they do it because they feel a real opportunity to develop, although they often come from other areas of ...

Trade: Romanians’ alcoholic beverages consumption up by 5 pct in 2016

Tuesday, September 12, 2017


  A Romanian consumed 30.156 liters of alcoholic beverages on average in 2016, an increase by 5 percent compared with 2015, business-review.eu reports. The biggest quantity is represented by beer, with over 16.584 liters, according to a release of the National Institute of Statistics (INS). Also, in 2016 a person consumed monthly 0.89 liters of wine in average, 0.21 liters of tuica (plum brandy) and natural rachiu ...

Tourism : County of Brasov, first in the Centre Region as regards the number of tourists în H1 of 2017

Tuesday, September 12, 2017


The County of Brasov ranks first in the Centre Region as regards the number of tourists who have visited the county in this year's first half, up against the similar period of 2016. Brasov County overall recorded 550,727 tourists in H1 2017, of whom 82,627 foreign tourists, as compared to 394,694 tourists in the same period of 2016, of whom 68,291 foreigners, a release sent on Monday by the Brasov County Statistics Directorate (DJSB) ...

Orbis accelerates the network expansion in Eastern Europe. Romania is on the list

Tuesday, September 12, 2017

With 8 hotel openings in the up-coming few months and 40 development projects in the pipeline, romaniajournal.ro reports. Orbis accelerates the network expansion in Eastern Europe and strengthens its development team. Three units of the hotels planned to be opened until this year-end are in Romania: Mercure Sighisoara Binderbubi, ibis Styles Arad, Mercure Bucharest Unirii. The others are in Serbia (Mercure Belgrade ...

Tourism : Romania's Jan-July tourist numbers rise 12.1% y/y

Tuesday, September 5, 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’ ...

Agriculture : Romania exported 6.7 MMT of wheat in the 2016/17 season

Tuesday, September 5, 2017

In June 2017 Romania exported 176 KMT of wheat, which was 2.6 times lower than record, achieved in June 2016 (455 KMT). Thus, since the beginning of 2016/17 (July-June) Romania exported 6716 KMT of wheat, which was absolute record for the country. Previous record of wheat exports was set in 2014/15 – 4874 ...

Real Estate: Analysis: Bucharest and Cluj-Napoca post the most expensive rents

Tuesday, September 5, 2017

Imobilare.ro developed a new analysis on the most expensive and the cheapest apartments in four big cities: Bucharest, Cluj-Napoca, Timisoara and Iasi, taking into account the average prices apartments with one, two and three bedrooms over the summer, business-review.eu reads. According to the study, Bucharest and Cluj-Napoca post the highest rents. For instance, the price per month of a rental studio in Lipscani is EUR 450, the same average price ...

C&W Echinox: 75 pct of offices due for delivery in H2 are in western part of Bucharest

Tuesday, September 5, 2017

The Western part of Bucharest will attract 75 percent of the offices that will be delivered in the second half of this year and 50 percent of the deliveries for 2018, so that the stock from this area will increase by around 236,000 sqm, according to an analysis of the firm Cushman & Wakefield Echinox quoted by business-review.eu. The offices stock of A and B type from Bucharest reached 2.61 million sqm at the end of the first semester of this year ...

Price of flats in Romania's large cities increased slightly in Q2 2017

Tuesday, September 5, 2017

The market prices for square metre of flats in Romania's large cities increased slightly in Q2 2017 compared with Q1, according to the real estate index of the National Association of Romania's Certified Evaluators (ANEVAR). The highest increases were ...

Banca Transilvania: Romania’s real estate market has reached maturity

Tuesday, September 5, 2017

The Romanian real estate market has entered the maturity phase, reflected in recent price developments, according to economists from the local lender Banca Transilvania (BT) quoted by romania-insider.com. This could lead to adjustments in the coming quarters as funding costs increase. The residential building permits grew by 20% in July year-on-year, recording the best evolution since August 2015, according ...

Cars: Renault to launch new Duster model under Romanian brand Dacia

Tuesday, September 5, 2017


French car maker Renault said on Wednesday it will launch a new Duster SUV model under its Romanian brand Dacia this month, seenews.com informs. The new Duster model will be launched at the Frankfurt Motor Show on September 12, Renault said in a statement. Compared to its predecessors, the new model offers enhanced comfort, with a completely new interior with quality materials and a few pieces of new equipment. "This is a model ...

New Dacia car registrations in France, up by over 20 pc in August

Tuesday, September 5, 2017

New registrations of Romanian car brand Dacia in France have registered a significant 21.8 percent increase last month, compared to the same period of 2016, the French Carmakers Committee (CCFA) shows, quoted by romaniajournal.ro. This means more than double the 9.42 percent advance recorded in total by the French car market. New 7,792 Dacias were registered in France last month, compared to 18,092 Renaults registered in August, up 8.7 by ...

Telecom. IT : Which EU Country Is Most At Risk Of Cybercrime?

Tuesday, September 5, 2017


Computer users in South Eastern Europe may want to review their digital security after new research revealed they are the most vulnerable to cyber crime, a press release sent to ACTMedia reads ...

Infrastructure: London, Amsterdam and Paris main routes for Henri Coanda International Airport

Tuesday, September 5, 2017

Luton Airport (London) was, in 2015, the most popular destination for flights to and from Henri Coanda International Bucharest. 217,174 passengers were transported on this route, with 1334 flights, according to data published by Eurostat on Friday. Luton is followed by Schiphol Airport in Amsterdam, with 207,396 passengers and 1649 flights, Charles de Gaulle Airport, Paris, with 196,848 passengers and 1793 flights, Ataturk Airport, Istanbul, with ...

PM Tudose about Brasov-Bucharest highway- We consider whether we can declare it national project of strategic importance

Tuesday, September 5, 2017


Premier Mihai Tudose declared, on Saturday night, in Mamaia, at the end of the meeting of the National Executive Committee that talks also had in view Brasov-Bucharest highway. He pointed out that rulers seriously consider to declare the highway, national project of strategic importance. The premier made this statement completing PSD leader Liviu Dragnea, with whom he held a press conference at the end of the meeting held in Mamaia on Saturday, News.ro ...

Telecom. IT : More than 170 localities n the rural area to be connected to broadband Internet by the end of 2017

Tuesday, August 29, 2017

More than 170 localities in the rural area will have access to broadband Internet by the end of this year, due to the Ro-Net project, the Minister of Communications and Information Society, Lucian Sova, stated on Tuesday, while attending the opening event of the cyber security course organized by the Romanian National Computer Security Incident Response Team (CERT-RO) and ...

Telekom, Orange Romania take pre-orders for Samsung Galaxy Note 8

Tuesday, August 29, 2017

Telekom Romania and Orange Romania started taking pre-orders for the new smartphone Samsung Galaxy Note 8, whose delivery will begin on 15 September, ...

More Romanian households own phones, appliances, bicycles

Tuesday, August 29, 2017

Recently published statistics showing how many households in Romania own mobile phones, TV sets and other appliances reveal more Romanian families buy such products, romania-insider.com reports. A Romanian household owned in 2016 an average of two cell phones. Meanwhile, there were 150 color TV sets for every 100 households, according to data from the National Statistics Institute (INS). In 2016, there were 175 cell phones for ...

Real Estate: C&W Echinox: Industrial and logistics sector in Romania to reach record growth in 2017

Tuesday, August 29, 2017

The industrial and logistic sector from Romania will register this year a record level of deliveries, up to approximately480,000 sqm, but the retail market will reach a minimum record of the last 14 years, with an approximate level of 70,000 sqm, according to a report by the real estate consultancy C&W Echinox, business-review.eu informs. In the first semester of this year, new commercial spaces with a surface of only 9,000 sqm were delivered, ...

Wizmo.ro and Bucharest Imobiliare analysis: The real-estate market for buildings labeled as having seismic risk is constantly growing

Tuesday, August 29, 2017


 According to data provided to ACTMedia by the real estate platform Wizmo.ro and Bucharest Imobiliare agency, foreign investors are the ones that are most interested in properties located in buildings labeled as having a seismic risk. Although the risks are high, so is the profit. The investors have created an ‘unofficial’ list of sale prices for these properties. They buy mostly large, downtown apartments in need of refurbishment, ...

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