20 mai 2014

Continental Hotels, one of the biggest hotel chains in Romania, stayed in line with the forecasts in the first three months, as its revenue went up 10%, the growth pace predicted for the entire year, more

14 mai 2014

Only one month from his appointment as general manager of freight rail carrier CFR Marfa, Dan Valentin Belcea, the second private sector manager of the state-owned company announced his resignation by more

14 mai 2014

Bucharest’s Cismigiu hotel, a monument building of the city, opened in late 2012, ended the first three months of this year with an average occupancy rate of 56%, from the 38% reached in the same more

9 mai 2014

Consumption of hygienic sanitary paper in Romania has stalled in the past two years at 108,000 tons, or 5.5 kg/capita, after production doubled in the 2004-2010 period amid investments of domestic more

8 mai 2014

Sibiu-based Atlassib company, Romania’s biggest international road passenger transport operator, carried 150,000 passengers in the first quarter of 2014, 3% more compared to 2013, and its revenue more

7 mai 2014

State-owned CFR Calatori, the largest railroad passenger carrier in Romania, ended last year with an operating loss estimated at 390 million lei (EUR88 million), from about RON537 million in 2012, more

7 mai 2014

Insolvent airline Carpatair, which no longer operates regular flights from Romanian airports, signed a contract with Polish tour operators for flights on the Lublin (Poland)-Rome (Italy) route, with a more

5 mai 2014

The companies that own five-star hotels InterContinental and Radisson Blu of Bucharest, switched into the black in 2013 after having reported losses for the past five years (excepting 2011 in the case more

1 mai 2014

Bucharest’s five-star hotel JW Marriott, the second largest luxury hotel by number of rooms, ended the first quarter of this year with flat revenue against the same period of 2013, according to the more

1 mai 2014

Luxury hotels of Mamaia, Romania’s most popular seaside resort, will operate at full capacity during the May 1 holiday. The tariff of three-night stays at a five-star hotel starts from EUR300 for a more

29 apr 2014

Rail freight carrier DB Schenker Rail Romania, part of the German Deutsche Bahn group, ended last year with EUR27 million revenue, up 35% on 2012, according to company officials and ZF calculations. more

17 apr 2014

The Romanian spa market amounts to EUR6 million and it has numbered 140,000 clients. Most spas can be found in five-star hotels, but there are also several independent spa centers. more

15 apr 2014

Emirates, headquartered in Dubai, designated as the airline of 2013, is the foreign-held airline boasting the highest number of Romanian employees, according to market data, and is now readying to more

10 apr 2014

Oradea-based freight transporter Frigoexpress, which went insolvent in August 2013, cut its headcount and gave up 50 trucks as part of the restructuring process. more

10 apr 2014

Poiana Alba Turism company, controlled by the stakeholders of bakery producer Farinsan Giurgiu, will start, in June, building a 5-star Ark hotel in Poiana Mica (at the Poiana Brasov entryway), in the more

9 apr 2014

A five-night stay in a seaside hotel in peak summer season costs about EUR600 in a five-star hotel in Mamaia (Palm Beach, all inclusive), while in Golden Sands, Bulgaria, it costs a little more than more

9 apr 2014

All the 16 international airports of Romania reported aggregated traffic of 10.7 million passengers in 2013, almost similar to previous year figures and just 6.6% more than in 2010, according to data more

8 apr 2014

With only 645 kilometers of highway and the railway that is lacking in various respects, Romania could turn the Danube into its main access way into Europe, considering 40% of the navigable part of more

3 apr 2014

BRD is foreclosing on one of the largest hotels of Azuga, Cautis, and the starting price of the four-star unit stands at 12.8 million lei (EUR2.9 million). more

3 apr 2014

This year’s summer season is set to bring more flights to foreign, but also Romanian destinations, with state-owned Tarom, as well as low-cost carriers Wizz Air and Blue Air betting on new routes. more

2 apr 2014

Businessman Radu Enache, the owner of the Continental hotel chain, one of the largest in Romania, says he targets a 10% revenue growth this year from EUR21 million last year. However, Continental will more

1 apr 2014

Only 3.2% of the rooms in the hotels in Romania are rated five stars, half of which are in Bucharest, according to a ZF analysis based on the data supplied by the Tourism Ministry. Many big cities in more

28 mar 2014

In a world where trains easily go beyond 300 km/h in speed, in Romania, the speed of passenger trains reaches on average 45 km/h and high-speed rail is not expected to be built earlier than 35 years more

25 mar 2014

Carpatair, the private airline which went insolvent this year, no longer operates regular flights from Romania’s airports as the company’s reorganization plan has not been endorsed by creditors, more

23 mar 2014

Five large travel agencies operating on the Romanian market, Happy Tour, Perfect Tour, Eximtur, Aerotravel and Christian Tour, reached total revenue of around EUR200 million last year, according to ZF more