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Tourism: Bucharest Black February - a new initiative for drawing foreign tourists

Tuesday, January 15, 2019

The capital city of Romania is still looking for foreign tourists on the part of city breaks for cultural opportunities or entertainment as they may host a double number of tourists as compared to what they do now, appreciates Gheorghe Fodoreau the chairman of one of the main tour operators specialized in incoming, former chairman of the Na?ional Association of the Tourism Agencies (ANAT). At present, Bucuresti has 14,609 rooms classified in hotels, ...

Romanian Tourism Association, 13 Agencies Fined EUR2.45M for Antitrust Practices

Tuesday, January 15, 2019

Romania's antitrust authority has fined 13 tourism agencies and the country's national tourism association ANAT a total of EUR2.45 million for acting concertedly to keep vacation prices high. The antitrust watchdog found that, during the period June 2013 – September 2016, 13 tourism agencies coordinated their commercial practices and exchanged sensitive information so as to not allow discounts or price drops for vacation ...

Agriculture : In 2018, Romania ranks first in EU for maize and sunflower production

Tuesday, January 15, 2019

The Romanian agriculture sector recorded its best results in history last year, with record yields for wheat, maize and sunflower. The total grain harvest in 2018 – about 31 million tons – ranks Romania on the third place in the European Union (EU), but first for maize harvest for the second year in a row. Data from the European Institute of Statistics show that Romania ranks third in the EU, after France and Germany, in cereal production, ...

Infrastructure : The goods traffic in Romanian maritime harbours in 2018 worth over 61 million tones

Tuesday, January 15, 2019

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The goods traffic recorded last year in the Romanian maritime harbours was over 61 millin tons, being the third biggest in the last 30 years. The most important groups of goods where increase of traffic was recorded are: cereals and raw oil. According to the representatives of the National Company for the Administration of the Maritime Harbours (CN APMC) Constanta, the goods traffic of 2018 is the third highest over the last 30 years since 1988 being ...

Two low-cost airline companies open new routes from Bucharest to Spain and Israel

Tuesday, January 15, 2019

Wizz Air has announced on Tuesday a new route between Bucharest and Santander, starting from the 23 of April 2019. The flights will be operated twice/week during the summer season, on Tuesdays and Saturdays. Romanians can already plan their trip to Santander as tickets are already available on wizzair.com with fares starting from 99 RON/19.99 EUR, one-way, including taxes and non-optional charges. Santander is a popular destination at the Atlantic ...

Traffic at Sibiu airport hits record after 30% surge in 2018

Tuesday, January 15, 2019

Sibiu International Airport boasted last year the highest number of passengers ever, namely over 700,000. This marked an increase of more than 30% compared to 2017, according to a press release issued by the airport. The record number of passengers at Sibiu International Airport was more precisely 700,353 passengers, with a significant increase of +31.3% compared to 2017. In 2018 for the first time, the ...

Tiriac opposes key-infrastructure project as it affects his investment

Tuesday, January 15, 2019

Ion Tiriac, considered the richest man in Romania, opposes a key-infrastructure project aiming to build a railway between Bucharest and the Henri Coanda international airport located in Otopeni, arguing that the project will affect some of his investments in the area. Tiriac warns that he will stop investing in two projects in Otopeni – a rink and a university – if the rail way will be built by the Ministry of ...

Cars : New car registrations up 23 percent in 2018

Tuesday, January 15, 2019

New car registrations in Romania increased by 23.06 percent in 2018 compared to 2017, reaching a total of 130,919 vehicles. Second-hand vehicle registrations recorded a total of 473,616, an 8.99 percent decrease compared to the year before, according to ACAROM data. Dacia was the car maker with the most new cars registered – a total of 36,873 units, up 23 percent compared to 2017. On the second place was Skoda, with 11,148 vehicles (up 22.3 ...

Dacia to launch ‘shockingly affordable’ electric car

Tuesday, January 15, 2019

Dacia is set to launch a ’shockingly affordable’ electric car in the future which could occupy the ‘budget’ space of the EV market, much in the same way the Sandero and Duster do in the petrol and diesel markets, .express.co.uk informs. Dacia makes the cheapest car and cheapest SUV on the road in the UK with the Sandero and the Duster respectively. Dacia’s European chairman Jean Christophe Kugler ...

Real Estate: The prices of apartments in Bucharest increased on average with 5% in 2018

Tuesday, January 15, 2019

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The prices of apartments in Bucharest increased on average with 5% in 2018, despite all speculations and the growing trend started in 2014 continued in a moderate rhythm, according to an analysis made by a real estate site.In December 2018, the average price required for one-room apartments in Bucharest got to approximately 44,000 euro, for apartments with 2 and 3 rooms – 64,000 and 91,000  euro respectively, and the average price required for ...

Colliers International estimates real estate transactions above EUR 1 bln threshold in 2019

Tuesday, January 15, 2019

The base scenario for corporate transactions on the real estate market for 2019 is a good one, given that Romania is doing well in terms of supply – there are more properties on the market than a few years ago and demand is slowly extending to investors who are not present in Romania. Colliers International analysts estimate a value above EUR 1 billion for this year. “The number of institutional products continues to be the main difficulty, ...

Healthcare: Romania, among the EU Member States with the highest number of dentists versus the population

Tuesday, January 15, 2019

In 2016, over 360 000 dentists, 450 000 pharmacists and 550 000 physiotherapists worked in the EU. There were large variations in the share of dentists per 100 000 inhabitants among the Member States: Greece recorded the highest share (123 dentists licenced to practice), followed by Bulgaria and Cyprus (112 and 104 practising dentists respectively). The lowest proportions were found in Poland and Malta (33 and 47 practising dentists respectively) and ...

Commissioner Corina Cretu: Local authorities can benefit from European money for regional hospitals

Tuesday, January 15, 2019

The three regional hospitals may be financed by European funds during the current programme, European Commissioner for Regional Development Corina Cretu says in a reply to MEP Marian-Jean Marinescu. “Now we are waiting for the Romanian Government to file the projects,” Cretu added/ The commissioner confirms that local authorities may become beneficiaries of European money for building regional hospitals, instead of ...

Infrastructure : Low-cost airline Eurowings to operate in Romania

Tuesday, January 8, 2019

The low-cost airline Eurowings will start operating direct flights from Timisoara to and from Germany, the Timisoara Airport has announced on Friday. The German low-cost airline will start operating as of June 3, 2019, to and from Stuttgart. “It’s a first destination provided by Eurowings as of June. We want the airline opens other direct flights from Timisoara in time,” said the airport manager, Daniel ...

Tourism: Government approves 310 million lei fund for development of 31 balneary resorts

Tuesday, January 8, 2019

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The government approved, by emergency order, the setting up of a 310 million lei fund for the development of 31 balneary resorts, finance minister Eugen Teodorovici said on Friday. “The first measure is to set up a development fund for 31 balneary resorts of national interest for which we will provide 310 million lei in next year’s budget. The purpose is to rehabilitate, modernize infrastructure, access to these places of national interest. ...

În 2018, foreign tourists spent in Romania by 120 mln euro more than în 2017

Tuesday, January 8, 2019

Foreign tourists spent în 2018 by 120 million euro more in Romania as compared to last year, according to a press release issued by Tourism Minister Bogdan Trif."The Romanian tourism has seen growth everywhere thanks to the measures taken by the Executive in the past year, so the National Institute of Statistics officially confirmed the development of tourism in terms of revenues and the number of foreign tourists who visited Romania. On average, a foreign ...

The tourism in month of November 2018, up 6.4pct 

Tuesday, January 8, 2019

 • Compared to the corresponding month of the previous year, the arrivals in the establishments of tourists’ reception with functions of tourists’ accommodation increased by 10.4 %, while the overnight stays increased by 10.8% in November 2018. • Compared to November 2017, in November 2018 customs registered an increase in the arrivals of foreign visitors of 7.9 % and a decrease of 1.2% in the departures abroad ...

Real estate: EIB backs expansion of logistic infrastructure in Romania with credit of 150 million euro

Tuesday, January 8, 2019

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The European Investment Bank supports the expansion of logistic infrastructure in Romania by granting a loan of 150 million euro to Warehouse De Pauw (WDP) company, for the construction of 43 warehouses throughout Romania, EIB shows in a press release. New warehouse deposits will be rented on a long term, accent being laid on establishing new logistic operations or in the light industry and will be located on the five key national corridors identified ...

In the first 10 months there were put into value 40,378 apartments , a growth of 2.5%

Tuesday, January 8, 2019

Between 1 January – 30 October 2018, 40,378 residences were put to use, a growth of 2,55% (1,006 flats) against the same period fo last year according to the data sent by the National Institute for Statistics (INS). On matters of residence in the ten months of this year, most appartmens were given to use in the urban environment as share representing 58,3% out of the total.The share on financing source for the residences finished shows the fact ...

Trade: Large retailers managed to keep their turnover growth at 12%, double the size of national consumption growth

Tuesday, January 8, 2019

Large retail chains operating mainly in shopping centers maintained an average growth rate of 12% in 2018, similar to 2017 and double the advance in consumption, which increased by 5.9% during the first ten months of the year, according to the second edition of Retailers’ METRICS study by Cushman & Wakefield Echinox. The study examined the expansion and turnover growth of 88 retail companies operating stores under more than 100 international ...

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