Royal Edition

East and West, A World of Business Opportunities

Posted by on Apr 27, 2018

Transylvania Today Royal Edition 2018 is dedicated to the Romanian-Jordanian Business relations and to the trade missions held under The High Patronage of His Royal Highness Prince...

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Premium Edition

700 years of Freedom – Cluj-Napoca Premium City

Posted by on Jun 22, 2016

Premium City 2016 – 2017

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German Edition

Die deutsche Lektion für Rumänien und die Moldau

Posted by on Dec 3, 2018

This issue is dedicated to the business relations between Germany, Romania and The Republic of Moldova, especially in the automotive...

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French Edition

Cluj-Napoca, la capitale de l’innovation

Posted by on Oct 27, 2016

Read the French Edition 2016 here.

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Recent Posts

Romania sets new targets for Eurozone accession

Romania sets new targets for Eurozone accession

Dec 12, 2018

Members of the National Commission for the development of the national plan to adopt the euro currency met on Tuesday at the Victoria Palace, and discussed the documents that will be used as the foundation for Romania’s adoption of the European single currency, according to a press release, quoted by Business-Review.eu.   The national plan to adopt the...

Healthcare operator Regina Maria opens EUR 18 mln hospital in western RO

Healthcare operator Regina Maria opens EUR 18 mln hospital in western RO

Dec 12, 2018

Private healthcare network Regina Maria has finalized a hospital in Cluj Napoca, in western Romania, following an investment exceeding EUR 18 million, according to Romania-Insider.com. The hospital has a surface of over 7,000 sqm, and spreads on seven levels: ground level, four over-ground levels, and two underground levels. It has eight medical departments and...

Bucharest vs. Cluj-Napoca: The Transylvanian city tops the Capital in the main economic, social and demographic indicators

Bucharest vs. Cluj-Napoca: The Transylvanian city tops the Capital in the main economic, social and demographic indicators

Dec 11, 2018

In the context of the current technological, demographic and cultural changes in Romania, EY carried out a comparative analysis of two of the country’s largest cities: Bucharest and Cluj-Napoca. The analysis aims to identify the main differences and the development rates of each city’s demographics, education, economics, culture and tourism. At the same...

Four municipalities in western Romania set up alliance to draw EU funds

Four municipalities in western Romania set up alliance to draw EU funds

Dec 10, 2018

The mayors of Timisoara (Nicolae Robu), Cluj-Napoca (Emil Boc), Arad (Gheorghe Falca) and Oradea (Ilie Bolojan) on December 8 signed the documents establishing the Western Alliance, an institutional initiative aimed at drawing funds from the European Union budget for the economic development of the western part of the country, says Romania-Insider.com. The...

Residential properties’ prices to stagnate in Romania as Prima Casa is phased outThe prices of the residential properties will stagnate next year, as the programme of state guarantees Prima Casa is phased out, according to a research conducted by real estate consultancy firm RE/MAX Romania in partnership with real estate platform imobiliare.ro. The research admits that the demand is rising, though. As demand invigorated, house prices rose in Bucharest and regional centers: Cluj-Napoca (by less than 1% to an average of 1,500 euros / sqm), Iasi (+2.9%, from 1,016 euros / sqm to 1,045 euros / sqm), Timisoara (+0.3%, from 1,200 euros / sqm to 1,204 euros / sqm). By 2022, particularly the properties located in key areas of the first-tier cities will increase significantly, according to the research. The government will reduce by 25% the guarantees extended under Prima Casa, a programme that has played a key role in the residential real estate market but also for the financial intermediation. On the upside, the ROBOR benchmark market interest rate, at least for the 3-month maturity, is expected by the authors of the research to remain below 3.5%.

Residential properties’ prices to stagnate in Romania as Prima Casa is phased outThe prices of the residential properties will stagnate next year, as the programme of state guarantees Prima Casa is phased out, according to a research conducted by real estate consultancy firm RE/MAX Romania in partnership with real estate platform imobiliare.ro.  The research admits that the demand is rising, though. As demand invigorated, house prices rose in Bucharest and regional centers: Cluj-Napoca (by less than 1% to an average of 1,500 euros / sqm), Iasi (+2.9%, from 1,016 euros / sqm to 1,045 euros / sqm), Timisoara (+0.3%, from 1,200 euros / sqm to 1,204 euros / sqm).  By 2022, particularly the properties located in key areas of the first-tier cities will increase significantly, according to the research.  The government will reduce by 25% the guarantees extended under Prima Casa, a programme that has played a key role in the residential real estate market but also for the financial intermediation. On the upside, the ROBOR benchmark market interest rate, at least for the 3-month maturity, is expected by the authors of the research to remain below 3.5%.

Dec 8, 2018

The prices of the residential properties will stagnate next year, as the programme of state guarantees Prima Casa is phased out, according to a research conducted by real estate consultancy firm RE/MAX Romania in partnership with real estate platform imobiliare.ro. The research admits that the demand is rising, though. As demand invigorated, house prices rose...

Boxes of Hope bring joy to Romanian youngsters

Boxes of Hope bring joy to Romanian youngsters

Dec 7, 2018

Volunteers from Boxes of Hope Cumbria have begun distributing thousands of boxes to kids in the village of Hetea. Boxes of Hope has supported employment of kindergarten teacher in the past, says NWEMail.co-uk.   The old kindergarten is a long walk from the village so this year it has contributed to refurbishing a building in the centre of the community to...

EUR 355 mln European project to develop water infrastructure in two Romanian counties

EUR 355 mln European project to develop water infrastructure in two Romanian counties

Dec 6, 2018

A new European project worth more than EUR 355 million, which targets the development of the water and wastewater infrastructure in the counties of Cluj and Salaj, is ready to kick off after the authorities signed the financing contract, according to Romania-Insider.com. Most of the money, namely 85%, will come from the European Union, while the state and...

Start-up Nation 2018 programme resumes after mid-December

Start-up Nation 2018 programme resumes after mid-December

Dec 5, 2018

Romania’s Business Environment Ministry announced that the second edition of the Start-Up Nation programme will open in the second decade of December 2018 on the aippimm.ro website, according to Romania-Insider.com. The state will give RON 200,000 (EUR 43,000) to each recipient – newly established small or medium-sized...