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Rents in Bucharest reach highest level in five years

Posted by on Aug 23, 2017 in NEWS | 0 comments

Rents in Bucharest reach highest level in five years

The average rent for a one-room apartment in Bucharest reached EUR 228 per month this year, up 4.5% over last year, according to Romania-Insider.com. A two-room apartment costs EUR 321 per month to rent in Bucharest, up from EUR 298 in 2016. The current prices are the highest in the last five years, according to Imobiliare.ro. The rents in Romania’s big cities have been increasing since 2015, according to the analysis. Bucharest and Cluj-Napoca compete for the highest rents. The average rent for a one-room apartment in Cluj-Napoca amounts to...

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British The Spectator tells readers why Romania’s Sighisoara is perfect for a budget break

Posted by on Aug 22, 2017 in NEWS | 0 comments

British The Spectator tells readers why Romania’s Sighisoara is perfect for a budget break

The Transylvanian town of Sighisoara, which is known as the birthplace of Vlad Tepes (Vlad the Impaler) – the real-life inspiration for Bram Stoker’s Dracula, is perfect for a budget break, according to British weekly The Spectator. In a story called A trip to Dracula’s birthplace won’t bleed you dry, the publication tells readers why they should visit the beautiful Romanian town, giving them some travel tips, according to Romania-Insider.com. “The Sighisoara citadel is dominated by a 200ft tall 14th Century clock tower and you...

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Romania’s trade deficit reaches highest level since end-2008

Posted by on Aug 21, 2017 in NEWS | 0 comments

Romania’s trade deficit reaches highest level since end-2008

Romania’s trade deficit has reached the highest level since December 2008, and the indicator will continue to worsen, according to statistical data, said Andrei Radulescu, Banca Transilvania senior economist, according to Romania-Insider.com. The trade deficit will grow, as imports will increase at a higher pace than exports, Radulescu explained, reports local Ziarul Financiar. Exports and imports of goods will reach historic highs in 2017 in nominal terms, due to post-crisis economic consolidation at European level, according to Banca...

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Mega Image Romania retailer adds four stores to network

Posted by on Aug 21, 2017 in NEWS | 0 comments

Mega Image Romania retailer adds four stores to network

Belgian-owned retailer Mega Image Romania said on Friday it opened four new stores, increasing the number of its outlets to 557, says SeeNews.com. Two of the four stores are located in Bucharest, while the other two are located respectively in the Black Sea resort of Mamaia, Constanta county and in the northwestern city of Cluj-Napoca, Cluj county, Mega Image said in a press release. With the new stores, Mega Image’s network in Cluj reaches two stores, while in Constanta county, the retailer now has 20 stores. “The second opening...

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Romanians cycle to Mont Blanc to raise funds for seriously ill children

Posted by on Aug 20, 2017 in NEWS | 0 comments

Romanians cycle to Mont Blanc to raise funds for seriously ill children

Two residents of Cluj-Napoca, a city in Western Romania, will cycle a distance of 1,800 km and climb the Mont Blanc in order to raise funds to organize a camp for children suffering from various serious conditionsm says Romania-Insider.com. The event is called Yuppi Ride and takes place between August 18 and September 7. The beneficiaries of the funds will be the children suffering from diabetes, juvenile arthritis, and oncological diseases in the Yuppi camp. The two cyclists are Alpar Katona and Zoltan Szenasi. Their route started in...

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MedLife takes over majority stake of Valdi Medica SRL in Cluj-Napoca

Posted by on Aug 19, 2017 in NEWS | 0 comments

MedLife takes over majority stake of Valdi Medica SRL in Cluj-Napoca

Private healthcare operator MedLife took over 55 percent stake of the company Valdi Medica SRL, which owns the Humanitas hospital from Cluj-Napoca. The hospital was opened at the end of the year 2016 and has a variety of services and surgery treatments, according to Business-Review.eu. „We entered the Cluj-Napoca market since 2008, with the opening of an analysis laboratory and a labor medicine center. In 2015, we expanded and opened the first MedLife Hyperclinic. We wanted very much to add also the hospital services part. With the take...

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The Romanian counties that welcomed most foreign tourists and their attractions

Posted by on Aug 18, 2017 in NEWS | 0 comments

The Romanian counties that welcomed most foreign tourists and their attractions

One million foreign tourists checked into hotels in Romania in the first half of this year, up 8.5% compared to the similar period of 2016, according to data from the National Statistics Institute (INS), compiled by Ziarul  Financiar. Brasov, Timis, Cluj and Sibiu are among the Romanian counties that welcomed most foreign tourists in their hotels, namely a total of 207,000, up 23% compared to the first six months of 2016. The highest increases were registered in the Hunedoara and Tulcea counties, which welcomed 4,000 and 8,000 foreign...

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Romania’s Untold festival bears the cost of event site refurbishment

Posted by on Aug 17, 2017 in NEWS | 0 comments

Romania’s Untold festival bears the cost of event site refurbishment

The Central Park in Cluj-Napoca, where some events in the Untold electronic music festival took place, will undergo refurbishment work worth almost RON 300,000 (EUR 66,670). The Untold organizers will bear the entire cost of the work, Mediafax reported. The refurbishment is needed because of wear during the festival, but also because of factors such as the high temperatures, the use of the park as setting for other events, and the normal deterioration of the site throughout the year. The Untold organizers will also cover the cost of the...

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Solaris wins Cluj-Napoca electric bus order

Posted by on Aug 16, 2017 in NEWS | 0 comments

Solaris wins Cluj-Napoca electric bus order

Solaris Bus & Coach is to supply up to 30 electric buses to Cluj-Napoca, the company announced on August 11. Deliveries would take place over the next three years, with the base order of 10 buses due to be completed within nine months, according to Metro Report. Solaris will supply its Urbino 12 electric model, which features a 160 kW central motor powered by 200 kWh traction batteries. Medcom will supply the electric drive. The city will install 11 plug-in and two pantograph charging stations. The air-conditioned buses will be equipped...

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Giedrius Arlauskis set to seal move away from Premier League club

Posted by on Aug 16, 2017 in NEWS | 0 comments

Giedrius Arlauskis set to seal move away from Premier League club

Watford goalkeeper Giedrius Arlauskis has agreed a deal to join CFR Cluj, according to reports in Romania. The 29-year-old is well down the pecking order at Vicarage Road and has made just one Premier League appearance since his arrival from Steaua Bucharest in 2015, according to TalkSport.com. Now Digisport has claimed that he could be on his way back to Romania after agreeing a three-year deal at Cluj. Arlauskis still has two years left on his contract at Watford but it has been suggested that he and the club have agreed to cancel the...

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