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10/12/2015
Investment Freeze in Bucharest: The General Urban Plan Expires Soon. What Are the Risks?

Investment freeze in Bucharest: The General Urban Plan expires soon. What are the risks? The Capital could be left without urban planning rules, meaning authorization documents could no longer be issued, warns…

10/12/2015
Top story
09/12/2015
Calin Ile is the new president of the Hotel Industry Federation of Romania

Calin Ile, director of the Ibis Gara de Nord hotel, has been elected president of the Hotel Industry Federation of Romania.    Ile believes he has reached the experience and knowledge necessary…

09/12/2015
Tourism
09/12/2015
PNAT: If the share capital increase is approved, over 1,000 travel agencies will disappear

Over 1,000 travel agencies will disappear if the proposal by the National Association of Travel Agencies (ANAT) is implemented, which requested an increase in the share capital of agencies from 200 RON…

09/12/2015
Tourism
08/12/2015
Happy Tour’s HAPPYtargul Online Christmas Fair offers holiday and Summer 2016 deals

Happy Tour travel agency launches the HAPPYtargul Online Christmas Fair, featuring last-minute holiday offers as well as Early Booking discounts for Summer 2016. Promotional destinations at the online fair include Dubai, Porto-Lisbon,…

08/12/2015
Tourism
08/12/2015
City breaks in major Romanian cities cost less than in European capitals

According to the booking site Hotel Guru.ro, a weekend mini-vacation in Romanian cities is twice as cheap as in major European capitals. HotelGuru.ro has created a ranking of attractive city-break destinations in…

08/12/2015
Tourism
08/12/2015
Paravion: In December, the number of Romanians abroad buying online tickets increases by over 50%

If in a typical month about 11-12% of those who buy plane tickets from local portals are Romanians working abroad, in December this percentage rises to 20%. According to Paravion, during the…

08/12/2015
Tourism
08/12/2015
Christian Tour launches pilgrimage-type excursions under the Pellerin brand

Christian Tour travel agency launches pilgrimage-type excursions in Greece, Turkey, Israel, Jordan, Egypt, the Republic of Moldova, and Romania, under the Pellerin brand. “The Promised Land” can be discovered in combined pilgrimages…

08/12/2015
Transactions
08/12/2015
Prima Casa 2016: lower ceilings, lower interest rates, higher restrictions

Prima Casa 2016: lower ceilings, lower interest rates, higher restrictions The future of the Prima Casa program has become a certainty after the Ministry of Finance announced the guarantee ceiling and interest…

08/12/2015
Hotels and restaurants
07/12/2015
Louvre Hotels Group Acquires Nordic Hotels AG Portfolio in Germany

The agreement includes the acquisition of 25 hotels located in 11 German cities with a total capacity of 1,816 rooms. It also includes a management platform based in Kiel, thereby creating a…

07/12/2015
Hotels and restaurants
07/12/2015
Grand Plaza Hotel Estimates Over 50 Million RON in 2016

Grand Plaza Hotel, which manages the Sheraton hotel in Romania, recently acquired a building on Magheru Boulevard in Bucharest for the sum of 1.1 million EUR, plus VAT. The company also approved…

07/12/2015
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