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Cars: 300,000 second hand vehicles were registered in Romania throughout 2016

Tuesday, January 17, 2017

Around 300,000 second hand vehicles were registered in Romania throughout 2016, by approximately 19 pct higher than in 2015, when the number was of 250,662 units, shows data of the Driving Licences and Car Registrations Directorate ...

New vehicles registered in 2016 advanced to almost 17 percent

Tuesday, January 17, 2017

The number of new vehicles registered in 2016 advanced to almost 17 percent up to 94,919 units, from 81,162 units registered the previous year, according the data of the Driving Licences and Car Registrations Directorate (DRPCIV) published on Thursday. On the other hand, the number of new vehicles registered has increased in December 2016 by 8.89 ...

Trade: IN DECEMBER 2016, THE ANNUAL RATE OF CONSUMER PRICES WAS -0.5%

Tuesday, January 17, 2017

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Consumer prices, as measured by the Consumer Price Index (CPI), were 0.5% lower in December 2016 than in December 2015. The annual rate of consumer prices, as measured by the Harmonised Index of Consumer Prices (HICP), was ...

Infrastructure : Freight traffic recorded in 2016 in Romanian ports of Constanta, Midia and Mangalia, higher by 5.5 percent than in 2015

Tuesday, January 17, 2017

 The overall freight traffic recorded in 2016 in Romanian ports of Constanta, Midia and Mangalia stood at 59.5 million tones, higher by 5.5 percent than in 2015, a release of the National Company "Maritime Ports Administration" ...

The Sibiu international airport recorded last year a growth of passengers by 32% against 2015

Tuesday, January 17, 2017

The Sibiu international airport recorded last year a growth of the number of passengers by 32% against 2015 as it is about a number 366,065 passengers boarded and disembarked, according to a press release ‘Thus, in 2016, the Sibiu International Airport recorded a number of 366,065 passengers who were boarded and disembarked, determining a considerable growth, of approximately 32% against 2015 when there were 276,533 passengers. The total traffic ...

Agriculture: Romania in deficit in foodstuff trade

Tuesday, January 10, 2017

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Romania maintained the trade deficit with foodstuff after the first three quarters of 2016, exports advancing by 2.7% compared to the same period of 2015, to 4.322 billion euros, while imports totalled 4.57 billion euros, a plus of 9.3%, according to data centralized by the Ministry of Agriculture and Rural Development (MADR). In the first 9 months of 2016, trade deficit with foodstuff amounted to 254 million euros, while in the same period of 2015 ...

Vincon: Shy brandy consumption will continue in 2017

Tuesday, January 10, 2017

For several years brandy consumption has known a shy growth tendency which will continue this year, says Luchi Georgescu, the president of Vincon Vrancea, one of the important players in the market. According to recent research, quoted by Vincon officials, in the last five years there has been a constant market increase by 5% every year. “There is still place to educate consumers and open appetite for this kind of beverage,”Georgescu ...

Cars: Automobile industry in Romania în 2016 marked by Daimler , Porsche, Continental and Bosch investments, new Ford model, Constantin Stroe’s death

Tuesday, January 10, 2017

Romanian automobile industry had in 2016 growing sales, new important foreign investments made by Daimler, Porsche, Continental and Bosch, a new Ford model officially confirmed for manufacture at Craiova, higher salaries at Dacia. On the other hand, the national automobile manufacture dropped constantly, while the father of Dacia and automobile industry in Romania, Constantin Stroe died. At the same time the environment tax was not amended until the ...

Real estate: Commercial areas of at least 110,000 sq.m completed in 2017

Tuesday, January 10, 2017

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2017 announces many inaugurations of malls and modern commercial areas in Romania, the area completed for them being estimated by real estate consultants between 110,000 an 180,000 square meters. According to data supplied by JLL, the South African investments fund New Europe Property Investments (NEPI) will deliver the largest volume of commercial areas by the expansion of two commercial centres: Shopping Center Sibiu (11,000 sq.m) and Shopping City ...

Tourism : ANAT expects Romanian tourism sector to generate 6 pct of GDP

Tuesday, January 10, 2017

The National Tourism Agencies Association (ANAT) wants a consistent multiannual budget to promote Romania’s destination abroad, according to the association’s president, Alin Burcea quoted by business-review.eu. „The association’s expectations from the new Ministry are high, based on the need of its existence: We want a consistent multiannual budget through a coherent promotion policy,” said Burcea in a release on ...

The tourists’ overnight stays in the establishments of  tourists’ reception increased by 7.9% in the period  1.01?30.11.2016 

Tuesday, January 10, 2017

In  November  2016,  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  ...

Telecom.IT : Vodafone Romania, Huawei break 1.35Gbps speed barrier

Tuesday, January 10, 2017

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Telecom operator Vodafone Romania and Huawei broke the barrier of 1.35 Gbps download speed, voicendata.com reads. The telecom operator demonstrated the readiness towards 4.5G era, using E2E solution from Huawei. The test proved, over the air interface, a 1.35Gbps LTE connection in an experimental structure not isolated from commercial network. Besides throughput, the tested technology revealed one of the highest spectral ...

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

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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

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 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 ...

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