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Bibi Touring forecasts 25 pct turnover growth in 2017 at group level

Tuesday, February 28, 2017

Bibi Touring forecasts a growth of 25 percent in turnover this year at group level, and on some business directions (balneo, plane tickets, the Danube Delta, the Romanian city breaks), of up to 50 percent, the general director of the company told BR, business-review.eu reads. All the projections are estimated taking in account the economic predictability, including the Government’s promise regarding the offering of holiday vouchers, according to ...

Real Estate: Regatta: over 90% of the Romanians interested in residence prefer to look on the internet

Tuesday, February 28, 2017

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Over 90% of the Romanians who look for a house or an apartment choose the online medium to inform on the properties available on the market, according to the statistics of the real estate agency with Romanian capital Regatta Real Estate, which shows that in the last two years almost all the requests recorded by the company came on the internet. it is vital. In the latest years, the share of the requests coming from the internet grew substantially, with ...

Globalworth to pay 42.5 mln euro for warehouse in Romania

Tuesday, February 28, 2017

London-listed Globalworth Real Estate Investment Ltd, a company targeting opportunities in Romania, said on Wednesday it will pay 42.5 million euro ($44.5 million) for a warehouse currently leased to Romanian automobile maker Dacia, seenews.com reports. "Closing of the transaction is subject to customary conditions precedent, including clearance from the Romanian Competition Council and approval from the property's existing lender," Globalworth said in ...

Trade: Romanians like to shop, but 35 pct of them feel more time pressure compared to other Europeans

Tuesday, February 28, 2017

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Eastern Europeans like to shop, especially Romanians, with nine out of ten shoppers agree with this statement, according to study by GfK, business-review.eu informs. In the Czech Republic, Slovakia and Austria, seven in ten respondents consider shopping as being pleasant, while in Bulgaria only half of the shoppers say the same thing. In Romania, people like to shop, but feel more the time pressure than other countries. In ...

Infrastructure: Wizz Air to launch route to Treviso from Romania's Suceava in March

Tuesday, February 28, 2017

Hungarian low-cost airline Wizz Air said on Monday it will start flying from Romania's northern city of Suceava to Italy's Treviso as of March 18, seenews.com informs. The new route will be operated twice a week, on Tuesdays and Saturdays, until March 27, the air carrier said in a statement. Following this date, the flight will be operated on Mondays and Fridays. Currently, Wizz Air flies from Suceava to Milan, Bologna, and Rome ...

Ryanair to launch route to London from Romania's Oradea starting October

Tuesday, February 28, 2017

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Irish low-cost air carrier Ryanair said on Friday it will launch a new route from Romania's northwestern city of Oradea to London as of October. The airline will operate three flights per week on the route, it said in a press release. Starting in March, Ryanair will launch its first two routes from Oradea - to Spain's Barcelona and Italy's Milan, as well as a new route from Bucharest to Palermo in Italy. Ryanair aims to connect Bucharest with all ...

Cars: Romania's 2016 new commercial vehicle registrations drop in Jan - ACEA

Tuesday, February 28, 2017

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Registrations of new commercial vehicles in Romania fell by an annual 14.9% to 1,389 in January, data from the European Automobile Manufacturers' Association, ACEA, indicated on Thursday, seenews.co informs. Registrations of new light commercial vehicles of up to 3.5 tonnes were down 3.2% on the year to 990 in January, ACEA said in a statement, citing provisional data. Registrations of new heavy commercial vehicles of 16 ...

Agriculture: The European Union, an agri-food world power

Tuesday, February 28, 2017

The food industry accounts for seven out of every €100 of trade between the European Union and the rest of the world. EURACTIV’s partner EFEAgro reports. While that number may seem small compared to the business generated by trade ...

Tourism: Borsec and Sucevita attested resorts of national interest

Tuesday, February 21, 2017

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Borsec (Harghita county) and Sucevita (Suceava county) were attested tourist resorts of national interest, according to a decision adopted by the government on Thursday. Ten localities received attestation as tourist resorts of local interest: Baia de Fier (Gorj county), Boghis (Salaj county), Colibita (Bistrita Nasaud county), Moisei (Maramures county), Negresti Oas (Satu Mare county), Pojorata (Suceava county), Sangeorgiu de Mures (Mures county) , ...

Hoppa's annual report: Bulgaria, Colombia and Romania are among the cheapest places to go on holiday this year

Tuesday, February 21, 2017

According to new research, the Bulgarian capital is the cheapest holiday destination on earth, followed by Cairo in Egypt and Cartagena in Colombia.The airport transfer company Hoppa has released their annual report on the cheapest and most expensive destinations across the ...

ANAT: Romania needs a national policy for incoming tourism

Tuesday, February 21, 2017

Romania needs a national policy for incoming tourism, because a country that is strong in terms of tourism knows how to draw in foreign holidaymakers, Chairman of the National Association of Romania's Travel Agencies (ANAT) Alin Burcea told a specialist conference on Wednesday. 'We have a tourism ministry that is not yet much operational, it is being created from ...

Trade: Durables market was up 9.2 percent in 2016 from 2016

Tuesday, February 21, 2017

Romania's durables market was up 9.2 percent in 2016 from the previous year, reaching 2.55 billion euro, found a survey by GFK Temax.On the other hand, ...

Commission launches infringement procedures against ROMANIA regarding retail trade of agricultural and food products

Tuesday, February 21, 2017

The Commission decided today to send letters of formal notice to Hungary and Romania on the grounds that their national rules on retail of agricultural and food products run against EU law. In Hungary, a new law obliges retailers to apply the same profit margins to domestic and imported agricultural and food products, despite the fact that the cost of imported products is ...

Real estate: Tallest building in Romania to be erected in Timisoara

Tuesday, February 21, 2017

Works on the tallest building in Romania (155 m) will start in Timisoara, this spring, as part of the multifunctional project Openville. According to a press release issued by Iulius Mall Timisoara on Thursday, Iulius company will start works for three class A office buildings with a total area of 73,000 sq.m in spring. Among them there will be the tallest building in Romania, of 155 metres. The buildings will be part of the ...

50% of real estate transactions still occur through First Home Program

Tuesday, February 21, 2017

Real estate developers welcome the recent decision of the Executive to supplement with 175.5 million lei the guarantees for First Home in 2017, after the Government announced, at the end of January, a possible reduction of 15% of the ceiling for the granted guarantees compared to the last year, a statement sent to ACTMedia by Conlux Development reads. First Home Program remains the real estate engine having a significant 9% share in GDP. ...

Agriculture: Gov't approved 531.870 million lei in 2016 financial aid for vegetable farmers

Tuesday, February 21, 2017

The Romanian Government has approved the allocation of 531.870 million lei in 2016 financial aid for the country's vegetable farmers, for which 681,000 such farmers are expected to qualify. The approval came as on Thursday the Government set the size and ceiling of the relevant transitional national ...

Romania sharply decreased imports of soybean meal

Tuesday, February 21, 2017

During September-November 2016/17 Romania sharply decreased imports of soybean meal due to higher own crop of oilseeds in 2016, UkrAgroConsult notes. Total production of oilseeds rose in average by 16% compared to 2015. Thus, over the reporting ...

Telecom.IT :  Blockchain technology, a real basis for future public policies - experts

Tuesday, February 21, 2017

 Blockchain technology, considered by IT experts a real basis for future public policies, represents one of the most important concepts that will mark the next four years, according to the experts of Cisco ...

Infrastructure : The three fastest growing airports in Europe are în Romania

Tuesday, February 21, 2017

The three fastest growing airports in Europe are all inRomania, led by the little-known city of Oradea in the north-west of the country, which experienced nearly 500 per cent growth in 2016, telegraph.co.uk ...

Wizz Air ups frequency on three Romanian routes to London

Tuesday, February 21, 2017

Hungarian low-cost airline Wizz Air said on Thursday it will increase the frequency of flights from the Romanian cities of Suceava, Constanta and Iasi to London starting June 18, seenews.com informs. "Frequencies on some of WIZZ’s most popular routes will also increase with the arrival of the new aircraft: Suceava will run five times per week, Constanta four times per week and Iasi flights will operate daily," Wizz Air said in a press ...

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