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Real Estate: Nordis group starts 26.4 mln euro development in Brasov
Tuesday, June 7, 2022
Romanian real estate developer Nordis said on Monday it started construction works on a 26.4 million euro ($28.3 million) development in Brasov.The deadline for its completion is set for the end of 2023, the company said in a press release. Developed on a 13,000 sq m plot, the complex will consist of five low-height buildings, with a total of 158 hotel rooms and 43 residential ...
Infrastructure : Henri Coanda airport ranked fourth-worst in the world
Tuesday, June 7, 2022
Bucharest’s Henri Coanda airport, along with seven other European airports, was considered one of the worst in the world, according to a survey. Conducted by AirHelp, a passenger rights organization operating in 30 ...
Direct trains connect Bucharest to Turkey and Bulgaria
Tuesday, June 7, 2022
Romanian rail operator CFR Calatori introduced direct trains between Bucharest and Halkali/Istanbul (Turkey) and Sofia and Varna (Bulgaria) on June 3. The trains run daily until October 3, 2022. A one-way trip from Bucharest’s Gara de Nord station to Halkali/Istanbul costs EUR 53.2 in a four-seater sleeping car. A Bucharest-Varna ...
Air passenger transport up 3.4 times in Q1 2022
Tuesday, June 7, 2022
Air passenger transport increased 3.4 times in Q1 2022, from 916,500 passengers in the first three months of 2021 to 3,085,700 passengers, according to data centralized by the National Institute of Statistics (INS).The highest shares in terms of passenger transport were registered at the following airports: Henri Coanda-Bucharest airport, with 1,063,100 passengers boarded and 929,000 landed, Avram Iancu-Cluj-Napoca airport, with 178,400 passengers boarded ...
New road connection with Hungary, through Salonta, within Arad-Oradea Express Road project
Tuesday, June 7, 2022
The president of the Bihor County Council, Ilie Bolojan, on Tuesday stated that Romania will be connected to Western Europe by a new road to be linked with the M44 highway in Hungary, which will be an express road.According to a press release of the Bihor County Council, the new project was approved at the Romanian - Hungarian bilateral meeting in the field of transport, held in Hungary last week, on May 26.The road will connect the towns of ...
Agriculture: National Forest Inventory up by only 0.04 pct in 2021, volume of harvested timber up by 1.7 pct
Tuesday, June 7, 2022
The National Forest Inventory increased by 0.04% in 2021 compared to the previous year, while the volume of harvested timber went up by 1.7%, according to data published on Tuesday by the National Institute of Statistics (INS).As of December 31, 2021, the forest inventory area was 6,606,618 hectares (+2,412 hectares compared to 2020), of which the forest area totaled 6,449,456 hectares. This year saw an increase of only 39 hectares, with the forest area ...
Cars: Roughly 500 used luxury automobiles registered in Romania January through April
Tuesday, June 7, 2022
Roughly 500 used luxury cars were registered in Romania in the first four months of the year, according to an analysis published on Thursday by an online vehicle trading platform.According to the centralized data, based on the information requested from the Directorate for Driving Licenses and Vehicle Registration (DRPCIV), Romanians have increasingly large budgets for cars and buy second-hand automobiles of over 300,000 - 400,000 euros.Between January ...
New vehicle registrations in Romania, up 19pct in May 2022
Tuesday, June 7, 2022
More than 12,000 new vehicles were registered in Romania in May 2022, up 19% from the same period in 2021, according to a preliminary analysis published by the Association of Automobile Manufacturers and Importers (APIA), based on data from the Directorate of Driving Permits and Vehicle Registration (DRPCIV).Out of the total of 12,125 registered vehicles, 10,198 units were motor vehicles, up 24% over the reference period.The top five brands ...
Increase of over 30% of new car registrations in Romania January through May
Tuesday, June 7, 2022
Registrations of new cars in Romania reached, in the first five months of the year, 47,645 units, up by 32.92% compared to the similar interval in 2021, when 35,845 units were registered, reads the data of the Directorate for Driving Licenses and Vehicle Registration (DRPCIV), cited by the Association of Automobile Manufacturers in Romania (ACAROM).According to official statistics, in May there was an increase of 24.05% in new car registrations, up to a ...
Tourism: The hotel market has been hit hard by the pandemic and is expected to fully recover by 2024
Tuesday, May 31, 2022
Until 2023, 20 new hotels could be delivered to the market in Romania, approximately 50% of them being situated in the capital city, show the Chairry Design&Furniture estimates, company specialized on the segment of fit-out – complete interior design and furniture solutions. The company signed in 2021 and in the first part of 2022 interior design for over ...
Germany, third in the travel preferences of the Romanians
Tuesday, May 31, 2022
Germany is third in the travel preferences of the Romanians, and in 2021there were over 900,000 overnight stays of Romanian tourists and a percentage increase of 15% compared to the previous year, the marketing manager for Romania of the German Tourism Organization (DZT), Cristian Sallai, announced at a press conference.Approximately 37% of the visits of the Romanians to Germany have as destination holiday and free time, 32% travel for business and 30% visit their ...
A new Mercure hotel will open in Alba Iulia in Q2 2024
Tuesday, May 31, 2022
Accor, world–leading hospitality group, announces one more addition to its portfolio in Romania – the new Mercure Alba Iulia Cetate. The new development will be the first hotel in Alba Iulia, affiliated to an international chain and will be operational in the second quarter of 2024. The hotel will work in the framework of a franchise contract with a local investor part of Dentotal Group, a valued partner of Accor which already opened two hotels with the ...
Real Estate: Colliers report: Fewer and fewer Romanians afford to buy a new residence
Tuesday, May 31, 2022
Fewer and fewer Romanians afford to buy a new residence, taking into consideration that the prices grow sensibly more accelerated than that of salaries, due to the increase of prices for constructions materials and the present economic conditions, show the real estate consultancy company Colliers, according to which Cluj-Napoca remains the most expensive city in the country, where acquisition of an new standard apartment is the equivalent of an average salary for 12.5 years ...
Study: 77% of Romanians want offices with leisure options in areas surrounded by green spaces
Tuesday, May 31, 2022
Returning to the office and defining the future working style has changed employees’ perceptions of their office. Romanians want offices where they have options for networking and interacting both at work and in their free time, a trend that is increasingly visible around the world. Thus, for 77% of Romanian employees, the ideal office should be located in an area surrounded by green spaces, offering leisure facilities, according to a recent survey of 1,180 employees ...
Sustainability-certified buildings accounting for 88 pct of Romania's 2021 office building transactions
Tuesday, May 31, 2022
Romania's green office stock is significantly higher than anywhere else in Europe, given that 70 percent of its office buildings are green certified and 85 percent of the workspaces are classified as sustainable, real estate investment company CBRE said.According to the cited source, 88 percent of the domestic office building transactions last year involved properties with sustainability certifications, making the office segment the most representative when it ...
Agriculture: State aid: Commission approves EUR 300 million Romanian scheme to support agri-food entities in the context of the coronavirus pandemic
Tuesday, May 31, 2022
The European Commission has approved a Romanian scheme worth EUR 300 million (RON 1.5 billion) to support agri-food entities in the context of the coronavirus pandemic. The scheme was approved under the State ...
EnviMin: 19.8 ml cubic metres of legal timber harvested in Romania in 2021
Tuesday, May 31, 2022
The amount of legally harvested timber in Romania was 19.8 million cubic meters last year, and another almost 4 million cubic meters legally entered the country, Minister of Environment, Waters and Forestry Barna Tanczos told an online conference organized by WWF Romania on Wednesday."SUMAL 2.0 is an extremely complex timber tracking system developed following a lot of pressure from the civil society, at the insistence of the Environment Ministry and after a ...
Trade: Pandemic accelerated electronic trade: 85% of Romanians prefer online shopping
Tuesday, May 31, 2022
The pandemic accelerated electronic trade in Romania, which gained a tendency of getting in line with European market figures. Romanians prefer online shopping because they win time (85%), save money (69%) and are no longer stressed with going to the mall or supermarket. The study about the Romanian e-shoppers' behavior shows there are many indicators for which they exceed the EU ...
E-commerce sector in Romania may grow by 13-15% this year
Tuesday, May 31, 2022
The e-commerce sector in Romania may grow by 13-15% this year, compared to the 10% advance in 2021. There is an increase potential for the consumer base, said Florinel Chis, the CEO of the Romanian Association of Online Shops. “Once consumers saw how easy it was and what the benefits of online trade were, they continued to order. As a result we noticed the change of paradigm referring to payments ...
Cars: Half of Romanians want to buy electric cars to reduce costs
Tuesday, May 24, 2022
Half of Romanians want to buy electric cars to reduce the cost of fuel and protect the environment, but charging infrastructure remains the main reason for reluctance, according to a Deloitte release sent on Monday.Hybrid and electric cars are preferred by almost half of Romanian consumers (46%), who say they would choose such an engine for their future car, according to the Deloitte 2022 Global Automotive Consumer Study, conducted in 25 countries around the ...