 
Wizz Air has announced the launch of a new service between Liverpool John Lennon Airport and Bucharest.
Flights to the Romanian capital will start on October 1 and operate three times a week, joining the existing service from Luton Airport that launched earlier this year.
At the same time Wizz Air will begin services to Palma and [...]
Write comment (0 Comments)
No35 Castle Street in Brasov old town sold out within only a few weeks by Romanian Properties Ltd.
Romanian Properties Ltd was exclusive agent for this exceptional development in a very sought-after location.
Brasov, situated in the heart of Transylvania, currently offers the best return on investment on the Romanian real estate market for the following reasons:
international [...]
Romanian Properties Ltd released Belvedere residence, a new development in the up-and-coming area of Bucharest Mogosoaia.
Belvedere residence is composed of 14 fully equipped and fully decorated apartments from only 785 Eur / sqm. Similar apartments in new-built developments closer to the airports such as Baneasa area are currently for sale between 1,500 Eur/sqm and 2,500 Eur/sqm.
With [...]
Dracula’s Castle and the surrounding property could become a resort in the Transylvanian region of Romania.
In the cutthroat business of real estate, U.S.-based firm Baytree Capital Associates has been chosen to market Dracula’s Castle.
Archduke Dominic Habsburg, who lives in New York state, and his family retained the private investment firm to market Bran Castle and [...]
Romania’s President Traian Basescu approved a parliamentary proposal to raise pensions by 43 percent in 2008.
“The government must now reduce public spending to ensure the pension law does not affect the development of the country,” Romania’s President Traian Basescu said.
The measure will cost €30 billion until 2013.
The government has said Romania can afford the
EasyJet, Europe’s leading low-fares airline, announced the introduction of a new daily route to Bucharest from October 29th which represents the airline’s commitment to growth in Central Eastern Europe.
Located on the Dambovita River, the historic Romanian capital was once known as ‘Little Paris’ thanks to its French inspired architecture and is now returning to its [...]
Ford is buying a majority share in a car plant at Craiova, Romania. The plant is expected to become one of its biggest plants in the European Union. The factory was previously operated by Daewoo of Korea.
John Fleming, president of Ford of Europe, said last week that its due diligence had been completed and a [...]
The Bran Castle in Romania - better known worldwide as Dracula’s Castle - comes first among the most expensive historical building with residential purposes in Central and Eastern Europe with a value of 140 million USD, according to a new Forbes list.
The list includes buildings that have either been bought from the state, or returned [...]
The number of shopping centres outside Bucharest has doubled this year from 9 to 18, and is expected to double again next year, as another 15 or 16 mall-type projects are scheduled for delivery outside Bucharest in 2008.
In comparison, only four shopping centres were delivered elsewhere in Romania last year: in Sibiu, Ramnicu-Valcea, Constanta and [...]
An international airport with an annual capacity of one million passengers will be constructed in two years, at the most, in the central locality of Ghimbav, close to the city of Brasov. The investment will total 100m euros. The registration act of the company International Airport Brasov Ghimbav was signed last week at the Brasov [...]
|
Donald Trump wants to invest in Romania. The businessman will invest around EUR one bln in Romania, according to Antena 3 tv channel. The American tycoon will sign a protocol of collaboration with the Chamber of Real Estate Trade and the Association of Real Estate Investors. If everything goes on according to his plans, in [...]
Romania has just signed an accord to access the EEA in Brussels: a financial contribution of 100 million euro will be provided by the EEA countries to Romania until April 2009.
Joining the European Economic Area will provide Romania with financial support in the following areas: sustainable development, energy, health and environment development.
Wizz Air, the eastern European low-cost airline, has announced the launch of a new route between the London and Transylvania, in the heart of Romania. The new flights will complement the carrier’s existing network of 8 routes from Bucharest and Tirgu Mures. The price of a one-way ticket starts from 26.9 pounds (around 130 RON), [...]
European Commissioner for Regional Policy Danuta Huebner visited Romania to mark the launching of the new programming period 2007-2013, for which execution EU allocated 19,21 million euros.
Commissioner Huebner and Romanian Prime Minister Calin Tariceanu signed the Romania’s National Strategic Reference Framework.
The main goals of the Strategy include boosting of the competitiveness and
Romania is known for its strong computing and language skills coupled with cheap labor.
Romanian programmers are among the most sought-after in the world as large international IT companies turn to the east European country to take advantage of strong computing and language skills coupled with cheap labor.
IT is one of Romania’s fastest growing export sectors [...]
Lufthansa’s passengers in the UK will have a choice of three destinations in Romania from 1 September 2007, with the start of a new service to Sibiu. The German flag carrier will serve the Romanian city five times a week (increasing to a daily service from 28th October) with quick and easy connections through its [...]
Source: MortgageStrategy
if (booMacIE==true){ document.write(strAdvertisement); } Investors are seeking alternatives to UK banks and building socities.
A poll carried out at the ExCel Property Investment Exhibition in London revealed almost 40% of potential investors have particularly increased their interest in overseas property, as a result of this week’s
Nanette Real Estate Group NV has bought a 31,000-square meter lot in northern Bucharest. The company plans to build a 900-unit residential complex on the site for €78 million, and expects €123 million in total sales proceeds.This is Nanette’s third project in Bucharest and its fifth in Romania. The company expects that Lehman Brothers private [...]
The Rothschild banking family officially entered the domestic housing market last week in a deal worth 104 million euros for a 60 percent stake in three housing projects, which are controlled by the Israeli owners of Euro Habitat, the developer of Planorama project in Colentina.
The three projects are located in Ploiesti, Brasov and Bucharest’s Colentina [...]
The campaign to put up a tourism brand for Romania saw a 2 million euro budget approved on Wednesday by the Government. Other 9 million euro will be spent on promoting Romania in Spain and Italy, also using state funds. At least four attempts to create such a brand took place in the past few [...]
|