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

20 mar 2014

Romania can gain logistics business from Ukraine and Russia due to the turmoil in the region, because manufacturers want logistics hubs in stable areas as close to their markets as possible, according more

20 mar 2014

Polish state-run airline LOT Polish Airlines will introduce a third daily flight on the Bucharest-Warsaw route on March 30, taking the number of flights per week to 20 from the current 13. more

19 mar 2014

Austrian executive Ali Yilmaz Yildirimlar, general manager of five-star Radisson Blu Hotel in Bucharest since 2009, has been promoted to regional manager in Russia, where he will supervise the more

19 mar 2014

Low-cost carrier Blue Air, which changed its shareholders last spring, is trying to keep its market share unchanged and enters the charter flight segment, likely to bring it EUR5 million. more

12 mar 2014

TEN Airways, controlled by businessman Ovidiu Tender, on May 15th will start operating flights on internal routes (Bucharest-Tulcea and Bucharest-Timisoara) and external ones to Italy and Germany more

5 mar 2014

TEN Airways, controlled by businessman Ovidiu Tender, is set to enter the airline market with regular flights under the Fly Romania brand. more

4 mar 2014

Poland’s fund Resource Partners, specialized in private equity investments in Central and Eastern Europe, negotiated for 5 months with Sweden’s World Class on the takeover of the 71% stake the more