28 mar 2012

Spanish private equity firm GED, one of the most active investors in the tourism industry in the past few years, bought Duke hotel in Piata Romana square in central Bucharest, as well as an almost more

26 mar 2012

The money spent by the Ministry of Regional Development and Tourism from 2009 through 2011 in order to develop tourism and get foreigners to come to Romania made no impact on the economy. Central bank more

22 mar 2012

The about 14,000 passengers arriving on or departing from Romania’s largest airport, Henri Coanda (Otopeni), will be joined by an average of 6,600 people daily from March 25, after the relocation of more

19 mar 2012

Electronic books and significant discounts offered by publishing houses on their websites have become ways to drive sales of books weakened by the difficult economy and by the dwindling income of book more

16 mar 2012

Poor management, the administration's lack of interest and the reduced investments in infrastructure have thrown railway companies CFR SA, CFR Marfa and CFR Calatori into a hole of cumulated losses of more

14 mar 2012

Carpatair, the Romanian airline controlled by businessman Nicolae Petrov, carried 550,000 people last year, down about 2% on 2010. more

5 mar 2012

As of March 25, all 70 flights operated from the Baneasa Airport will move to the Otopeni Airport. What will happen to the 200 hectares of airport land worth one billion euros? more

1 mar 2012

The largest airport in Romania, Henri Coanda (Otopeni), will see passenger traffic increase by 45% to 47% as of March 25, when all the low-cost flights currently operated from the Baneasa Airport in more

24 feb 2012

There are 80 event rooms in the five star hotels in Bucharest, which can accommodate 12,000 people together. Most of these rooms have been renovated over the last three years, and required hundreds of more

15 feb 2012

Valer Blidar, one of the leading Romanian industrialists, who controls railway car producer Astra Vagoane Calatori and founder of Banca Comerciala Feroviara, has won a EUR100 million contract at an more

14 feb 2012

Bucharest’s five-star JW Marriott hotel, which operates 402 rooms and 12 event halls, has started the renovation of its Constanta conference hall and of ten other smaller conference rooms on its more

8 feb 2012

Airline Lufthansa, one of the largest players on the Romanian market regarding passenger numbers, has a new general manager for Romania and the Republic of Moldova, Patrick Artiel, who replaces Stefan more

7 feb 2012

The Government announced that it would be possible to set up a firm in three days, but this has been proven wrong by reality. In fact it takes at least a week to gather all the paperwork and another more

6 feb 2012

Romania is battling extreme temperatures and the southeast region is disrupted by the blizzard. Schools are closed, dozens of roads are blocked and some domestic flights have been cancelled. Hotel more

3 feb 2012

Businessman George Copos, who owns several hotels on the Romanian market, engine plant Ana Imep, as well as other businesses in bakery and real estate, said he started 2012 more relaxed than last year more

25 ian 2012

Grand Hotel du Boulevard, one of the oldest hotels in Bucharest, which has functioned under this name since 1877, could be turned into an office building. more

6 ian 2012

Low-cost airline Wizz Air might have beaten Romanian national carrier Tarom for the first time in terms of number of passengers last year, five years after its entry on the local market. more

5 ian 2012

More planes land on the Henri Coanda (Otopeni) Airport in Bucharest now than trains entered the Bucharest main train station (Gara de Nord - North Station) after ten years during which demand for air more

15 dec 2011

Romania has a skiing area of 116 kilometers of slopes, the size of the skiing area in an Austrian or a French resort. However, it does not boast the same ski facilities. Romania currently has 130 more

13 dec 2011

Brian Donnelly, FCm Travel Solutions general manager for Europe, Middle East and Africa (EMEA), says that Romania is a market with a lot of potential for travel management because of the budgets more

9 dec 2011

Businessman George Copos, owner of seven hotels on the Romanian market, has rented out three-star hotel Astoria in Eforie Nord seaside resort for three years to Marina Travel company, which also holds more

6 dec 2011

Verona, Berlin, Palma de Mallorca, Venice and Catania are the main destinations airlines rely on for growth in 2012, but the increasingly fiercer competition in the business might lead to even more more

1 dec 2011

Businessman Radu Enache, owner of the Continental hotel chain, sold the Ibis Hotel in Sibiu evaluated at EUR10 million in a sale&lease back deal, company officials say. The contract was signed with more

30 nov 2011

Emil Delibashev, commercial manager of British Airways for the Balkan area, which operates direct flights on the Bucharest-London route, says a revenue increase of between 10% and 20% has been more

29 nov 2011

“Get away on a city break and discover the unique stories of Romanian cities,” is the message that the Tourism Ministry sends in an audio advert, as part of the promotional campaign it started more